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Residential Income Property with Garages
For Sale
$339,150

1114 N Douglas Boulevard, Ironwood, MI 49938

COM/IND/BUS OPP, Ironwood, MI

Property SizeContact for details
Lot Size0.76 Acres
Days on Market86

Property Features for 1114 N Douglas Boulevard

General Information

Property type Commercial Sale
Property subtype Other
Zoning Residential
Zoning description Residential
Parking features Parking Lot, Off Street
Patio and Porch features Patio
Exterior features Deck/Patio, Garden Area
Lot features Bus Service To Site, Rural, Utilities Above Ground, Cleared
Subdivision Ironwood (27006)
Standard status Active
Lot size 0.76 Acres

Utilities

Heating system Electric (Heating), Baseboard, Forced Air
Cooling system Wall/Window Unit(s), Ceiling Fan(s)
Water source Public

Building Details

Year built 1900
Roof type Asphalt
Listing Agency: THE REAL ESTATE STORE
Listed By: ELLEN WYSSLING · License #UPAR-6502365975
Added: Jun 2 Changed: Aug 24 Last Checked: Aug 26 at 5:06AM
MLS# 50210048

Copyright © 2026 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This residential income property includes a six-unit apartment building and a separate single-family rental home, for a total of seven rental units. The apartments feature one- and two-bedroom, one-bathroom layouts, with coin-operated laundry facilities and private balconies. The property also includes four garage units, along with ample on-site parking and additional parking across the road.

The setting is described as scenic and wooded, with residents enjoying views from the balconies. The property is noted as being near a local ski area and arboretum.

The single-family home is a three-bedroom, one-bathroom layout with a living room and family room, plus a full basement. The home also has a newer furnace and updated electrical service.

Key Highlights

  • 7‑unit income property with a six‑unit apartment building plus a single‑family rental home
  • Apartment unit mix includes one- and two‑bedroom, one‑bathroom apartments
  • Includes 4 garage units and ample on‑site parking, plus additional parking across the road

Property Analytics

Current Use

Single family properties

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Parking Lot & Garage Grocery & Convenience Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

173
Businesses Nearby

Demographics for 49938, MI

7,340
Population
4,728
Households
1.6
Avg Household Size
49
Median Age
23%
College-Educated
95%
High-School Grad
225.6 sq mi
ZIP Area
33
Density / Sq Mi
$44,379
Median Household Income
$34,553
Median Earnings
$590
Median Rent
$95,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Seven rental units include a six-unit apartment building and a single-family home, plus four garage units and on-site parking.
Where is this apartment building located?
The property is located at 1114 N Douglas Boulevard Ironwood, MI.
What is the asking price?
The asking price for this property is $339,150.
What are key features of this property?
This property features: 7‑unit income property with a six‑unit apartment building plus a single‑family rental home; Apartment unit mix includes one- and two‑bedroom, one‑bathroom apartments; Includes 4 garage units and ample on‑site parking, plus additional parking across the road
More about this property
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