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Updated Duplex with Two Units
For Sale
$210,000

10342 N Lake, Ironwood, MI 49938

Two separate residences offer kitchens, living areas, bedrooms, and baths for rental or owner occupancy.

Property SizeContact for details
Days on Market110

Property Features for 10342 N Lake

General Information

Standard status Active
Property subtype Multi-Family

Amenities

Wall/Window A/C
Forced Air
Dryer
Range/Oven
Refrigerator
Washer

Building Details

Year Built 1900
Listing Agency: FERNDALE REALTY
Listed By: AMANDA MAGLEY
Source: Kw
Added: May 27 Changed: Sep 12 Last Checked: Sep 12 at 11:19AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of FERNDALE REALTY

Investment Insights

Based on property information with market context.

This up-and-down duplex at 10342 N Lake provides two distinct living spaces, each arranged with a kitchen, living area, bedrooms, and bathroom. The property includes more than 2,000 square feet on nearly an acre, with hardwood floors, original woodwork, large windows, and vintage interior details. Wall/window A/C and forced-air heat serve the building, while each residence includes a range/oven, refrigerator, washer, and dryer.

Recent work includes a roof replacement in 2021, new siding in 2025, updated windows, and new decking. The grounds add a fire pit, BBQ area, and ample parking. The property is positioned near Lake Superior recreation, skiing, trails, and downtown Ironwood, offering a residential setting with access to area amenities.

Key Highlights

  • Up‑and‑down duplex with two separate living spaces
  • More than 2,000 square feet on nearly an acre
  • Each unit includes a kitchen, living area, bedrooms, and bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Electrical Service Garden Center (Bike/Boat/Book/etc) Store Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

143
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences offer kitchens, living areas, bedrooms, and baths for rental or owner occupancy.
Where is this duplex located?
The property is located at 10342 N Lake Ironwood, MI.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Up‑and‑down duplex with two separate living spaces; More than 2,000 square feet on nearly an acre; Each unit includes a kitchen, living area, bedrooms, and bathroom
More about this property
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