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    Ironwood, MI
    Duplex

    Ironwood, MI Duplexes for Sale

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    Hurley, WI Bessemer, MI Gile, WI Wakefield, MI Mercer, WI Winchester, WI Mellen, WI Marenisco, MI
    Mixed-Use Live-Work Property
    Updated: Nov 5, 2025
    Mixed-Use Live-Work Property

    122 W Aurora Street, Ironwood, MI 49938

    $97,900
    2,100 sqft 0.08 AC lot
    0.08‑acre lot with 2,100 SF mixed‑use live‑work building built in 1920
    Main‑level storefront with large front display windows plus two upper‑level apartments
    Street and alley access for both commercial and residential components
    Detached garage at the rear plus two parking spaces for off‑street parking
    Commercial zoning with public water service
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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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    Multifamily Apartment Portfolio
    Updated: Jun 2
    Multifamily Apartment Portfolio

    246 Ashland Court, Ironwood, MI 49938

    $1,092,250
    18,934 sqft 1.73 AC lot
    21 rental units and 24 garages across a 1.73‑acre portfolio
    18,934 square feet of multifamily improvements built in 1975
    15‑unit brick apartment building with twelve 2‑bedroom and three 1‑bedroom units
    Three duplexes include side‑by‑side and upper/lower configurations
    Coin‑operated laundry, storage units, common bathroom, and private balconies
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    Up-Down Duplex with Separate Kitchens
    Up-Down Duplex with Separate Kitchens

    10342 N Lake Road, Ironwood, MI 49938

    $210,000
    2,040 sqft 0.99 AC lot

    Up-down duplex on 0.99 acres with two separate units, each with a kitchen, living area, bedrooms, and bath.

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    Duplex with Enclosed Front Porches
    Duplex with Enclosed Front Porches

    208 Greenbush Street, Ironwood, MI 49938

    $84,900
    1,434 sqft 0.14 AC lot

    Duplex in Ironwood with forced-air heat, enclosed front porches, and two-bedroom layouts in both units.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Updated Duplex with Yard
    Updated Duplex with Yard

    140 W Pewabic St, Ironwood, MI 49938

    Contact for pricing

    Duplex offers two units, ample parking, a spacious yard, and recent updates including a new roof.

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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 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 Live-Work Building with Storefront
    Mixed-Use Live-Work Building with Storefront

    324 W Bayfield St, Washburn, WI 54891

    $329,000
    4,156 sqft 0.24 AC lot

    Fully occupied live-work building with a 2,130 SF commercial storefront and two upper apartments.

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    Updated Duplex With Five-Car Garage
    Updated Duplex With Five-Car Garage

    11525 HARMONY LN, Woodruff, WI 54568

    $375,000
    0.69 AC lot

    Bi-level units offer separate living areas, private utility responsibility, and flexible owner-occupancy or rental use.

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    Duplex Residential Income Property
    Duplex Residential Income Property

    11525 Harmony Ln, Woodruff, WI 54568

    $375,000

    Two bi-level rental units with separate entrances, in-unit laundry, and a detached 5-car garage for added storage.

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    Corner Duplex with Detached Garage
    Corner Duplex with Detached Garage

    503 W 3rd St, Washburn, WI 54891

    Contact for pricing

    Duplex on a corner lot with a detached 2-car garage, currently occupied by long-term tenants.

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    Ironwood, MI Duplexes Market Trends and Statistics

    Explore 5 duplexes for sale in Ironwood, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 24,508 square feet of properties for sale, with an estimated market value of $1,485,050.

    Sale prices for duplexes in Ironwood, MI start at $84,900, averaging $371,262, and reaching up to $1,092,250 — 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

    Apartment buildings 8
    Duplexes 5
    Short term rental properties 4
    Quadplexes 2

    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 $511K

    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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