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    Ironwood, MI
    Duplex

    Ironwood, MI Duplexes for Sale

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    Downtown Mixed-Use Storefront
    Updated: Nov 5, 2025
    Downtown Mixed-Use Storefront

    122 W Aurora Street, Ironwood, MI 49938

    $97,900
    2,100 sqft 0.08 AC lot
    Mixed‑use building with a main‑level commercial storefront plus two upper‑level apartments
    Main‑level storefront has large front display windows for retail, studio, office, or small business use
    Two upstairs apartments have both street and alley access
    Detached garage at the rear plus 2 off‑street parking spaces
    Fenced property with neighbor‑owned fence noted
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    This listing looks promising.

    Here's a quick look at some key insights for

    122 W Aurora Street, Ironwood, MI 49938

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    • Est. Cap Rate

      8.5%
      Above avg (5.9%)

    • Est. NOI

      $8K
      Annual

    • Price @ 7% Cap

      $119K
      Above asking

    • Property Type

      Retail Stores
      Built 1900
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    Historic Mixed-Use Office Building
    Updated: Jun 3
    Historic Mixed-Use Office Building

    216 E Aurora Street, Ironwood, MI 49938

    $549,900
    7,093 sqft 0.13 AC lot
    Main level offers over 4,200 sq ft of functional space with multiple office areas available to rent or lease.
    Interior has been comprehensively renovated, including electric and lighting upgrades, plus a complete remodel of the 2nd‑level loft area.
    2nd level features a separate entrance with access to a fully renovated loft plus a 2BD, 1BA apartment with a long‑term renter.
    Loft includes 3 bedrooms, 1.5 bathrooms, laundry room, spacious living area, and a newly designed kitchen with newer appliances and island.
    Loft offers abundant natural light from skylights, red oak flooring, dining area, and a hot tub room with access to a patio and green area.
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    Up-Down Duplex with Separate Units
    Up-Down Duplex with Separate Units

    10342 N Lake Road, Ironwood, MI 49938

    $210,000
    2,040 sqft 0.99 AC lot

    Two separate living units each with its own kitchen, bedrooms, and bath, supported by recent exterior updates.

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    Duplex with Separate Entrances
    Duplex with Separate Entrances

    919 Nightingale Street, Ironwood, MI 49938

    $159,900
    2,008 sqft 0.24 AC lot

    Two units each with 2 bedrooms, 1 bath, full basements, and garage options on a 0.24-acre lot.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Updated Duplex Investment Property
    Updated Duplex Investment Property

    208 Greenbush Street, Ironwood, MI 49938

    $103,500
    1,434 sqft 0.14 AC lot

    Two-unit duplex with one rented side and a renovated vacant unit, providing flexible occupancy options.

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    Multifamily Investment Portfolio with Garages
    Multifamily Investment Portfolio with Garages

    246 Ashland Court, Ironwood, MI 49938

    $1,285,000
    1.73 AC lot

    Portfolio includes 21 rental units and 24 garages, anchored by a 15-unit brick apartment building plus three duplexes.

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    Updated Duplex with Garage Space
    Updated Duplex with Garage Space

    919 Nightingale St, Ironwood, MI 49938

    $159,900
    1,004 sqft 0.24 AC lot

    Well-maintained duplex in Ironwood with updated interiors and garages.

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 7 Active listings in Ironwood, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Retail and Apartments
    Mixed-Use Retail and Apartments

    324 W Bayfield St, Washburn, WI 54891

    $329,000
    4,156 sqft 0.24 AC lot

    Fully occupied mixed-use building with a ground-floor storefront and two upstairs apartments in downtown Washburn.

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    Retail Building with Apartments
    Retail Building with Apartments

    115-117 E Bennett Avenue, Mellen, WI 54546

    $250,000
    3,744 sqft 0.05 AC lot

    Downtown Mellen building combines a thrift store with two apartments for flexible mixed-use occupancy.

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    Mixed-Use Post Office Building
    Mixed-Use Post Office Building

    119-121 E Bennett Avenue, Mellen, WI 54546

    $275,000
    3,588 sqft 0.05 AC lot

    Post office with two apartments upstairs, offering mixed-use income potential in Mellen, Wisconsin.

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    Live-Work Mixed-Use Building
    Live-Work Mixed-Use Building

    324 W Bayfield St, Washburn, WI 54891

    $329,000

    Fully occupied mixed-use property with a street-level storefront and two upper apartments plus off-street parking.

    View details

    Ironwood, MI Duplexes Market Trends and Statistics

    Explore 7 duplexes for sale in Ironwood, MI, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 15,679 square feet of properties for sale, with an estimated market value of $1,281,100.

    Sale prices for duplexes in Ironwood, MI start at $97,900, averaging $213,516, and reaching up to $549,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 6
    Apartment buildings 4
    Short term rental properties 3
    Quadplexes 1

    Demographics Overview

    Population 7,424
    Population Growth (5Y) -1.2%
    Median Household Income $44,379
    College Educated 32.5%

    High-Yield Neighborhoods for Investment

    Identify Ironwood submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49938 $158.3K

    Taxes & Financing

    Tax Rate (average for all types) 5.37%
    Property Tax per SF $85.36 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Gogebic County

    New Delisted

    Total CRE Inventory on Market (SF)

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