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    1305 W B St Iron Mountain, MI 49801

    For Sale
    $225,000

    Multi-Family, 2 Story - Iron Mountain, MI

    Property size:
    2,120 SF
    Lot size:
    0.38 Acres
    Days on Market:
    154
    Last Refresh:
    Dec 9 at 7:06 am

    Property Features for 1305 W B St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen
    Bedrooms
    5
    Bathrooms
    3
    APN
    05110296900
    Parking features
    Garage, Garage - Detached
    Patio and Porch features
    Patio, Porch
    Interior features
    Cable/Internet Avail., Hardwood Floors, Walk-In Closet
    Exterior features
    Patio, Porch, Sidewalks, Exterior Balcony
    Basement Y/N
    1
    Appliances
    Dryer, Microwave, Range, Refrigerator
    Size
    2,120 SF
    Lot size
    0.38 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Hot Water (Heating)

    Building Details

    Year built
    1924
    Floors in Building
    2
    Number of units
    2
    Architectural style
    Other

    Stephens Real Estate (906) 774-8570 [email protected]

    Listing agent RYAN GORDON (906) 774-8570

    Listing date Jul 9, 2025

    MLS# 50180917 Listing URL

    Copyright © 2025 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.

    Overview

    Charming Duplex in Iron Mountain

    This two-story multi-family duplex, located in Iron Mountain, MI, presents an investment opportunity with a history of rentals. Situated on three lots, the property includes fruit trees, a fenced garden, and two patios. The location is near City Park and the stadium. The first floor unit features 3 bedrooms and 1.5 bathrooms, hardwood floors, and a back entry that could serve as office space. The second floor unit offers 2 bedrooms, 1 bath, walk-in closets, and natural light. Both units have been recently repainted and include newer appliances. Each unit has access to basement storage, washer/dryer, and a 1-car garage space. An additional garage space is available for owner use or storage. The entire exterior of the property has been recently repainted. The lot size is 0.38 acres, and the living area is 2120 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Iron Mountain
    County
    Dickinson
    State
    Michigan
    Longitude
    -88.084083
    Latitude
    45.817613

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    FAQs

    What type of property is this?
    Duplex - Investment opportunity: well-maintained duplex with excellent rental history.
    Where is this duplex located?
    The property is located at 1305 W B St Iron Mountain, MI.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - Excellent rental history makes this a strong investment property.; - Two units: a **3-bedroom, 1.5-bath unit and a 2-bedroom, 1-bath unit.**; - Each unit has its own **1-car garage space**, plus an extra garage space for owner use/storage.
    (906) 774-8570
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    1305 W B St Iron Mountain, MI 49801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1305 W B St Iron Mountain, MI 49801
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