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    Iron Mountain, MI
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    Iron Mountain, MI Multifamily Properties for Sale

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    Three-Unit Apartment Building with Garage
    Updated: Sep 11
    Three-Unit Apartment Building with Garage

    1305 Vulcan Street, Iron Mountain, MI 49801

    $249,900
    1,920 sqft 0.22 AC lot
    Three apartment units: one 3‑bedroom and two 1‑bedroom residences
    All units are currently rented
    4,600‑square‑foot garage with spray booth, two offices, and two half baths
    Garage has two separate addresses and faces Stephenson Avenue
    1,920‑square‑foot apartment building constructed in 1925
    View details
    Two-Duplex Property with Mixed Use
    Updated: May 19
    Two-Duplex Property with Mixed Use

    827 & 831 S Stephenson Avenue, Iron Mountain, MI 49801

    $199,900
    2,142 sqft 0.27 AC lot
    Two duplex properties at 827 and 831 S Stephenson Avenue
    2,142 square feet on a 0.27‑acre parcel
    Each building includes upper and lower one‑bedroom, one‑bath units
    Lower unit at 831 is currently used as business space
    Built in 1916 with split‑level construction and exterior balconies
    View details
    Two-Unit Duplex with Garages
    Two-Unit Duplex with Garages

    1305 W B Street, Iron Mountain, MI 49801

    $225,000
    2,120 sqft 0.38 AC lot

    Distinct residences offer basement storage, laundry access, updated appliances, and separate garage parking.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Triplex with Commercial Garage
    Triplex with Commercial Garage

    Iron Mountain, MI 49801

    $279,900
    4,600 sqft

    Three apartments accompany a substantial garage with office space, a spray booth, and separate addressing for business use.

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    MULTI_FAMILY - Conventional - Iron Mountain, MI
    MULTI_FAMILY - Conventional - Iron Mountain, MI

    1305 W B St, Iron Mountain, MI 49801

    $225,000
    2,120 sqft 0.38 AC lot

    Investment duplex with recent updates, excellent rental history, and desirable features.

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    Updated Duplex with Separate Utilities
    Updated Duplex with Separate Utilities

    Iron Mountain, MI 49801

    $103,000

    Two residential units offer private utility service and in-unit laundry and kitchen appliances.

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    Updated Duplex with Two Units
    Updated Duplex with Two Units

    411 5th St, Iron Mountain, MI 49801

    $75,500

    Tenant-occupied units provide refreshed interiors with distinct bedroom, bathroom, and laundry configurations.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 7 Active listings in Iron Mountain, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Mixed-Use Property with Apartments
    Mixed-Use Property with Apartments

    417 Washington Avenue, Iron River, MI 49935

    $379,000
    6,237 sqft 0.18 AC lot

    A barrier-free commercial floor and two furnished-with-appliances apartments create distinct business and residential spaces.

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    Two-Story Duplex with Garage
    Two-Story Duplex with Garage

    309 S 5th Street, Crystal Falls, MI 49920

    $110,000
    1,650 sqft 0.16 AC lot

    Two residential units include kitchens, with first-floor laundry and a second-floor office space.

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    COMMERCIAL - Iron River, MI
    COMMERCIAL - Iron River, MI

    417 Washington Ave, Iron River, MI 49935

    $379,000
    6,237 sqft 0.18 AC lot

    4,158 sq ft commercial/residential property with income potential.

    View details
    Triplex with Walkout Basement
    Triplex with Walkout Basement

    Crystal Falls, MI 49920

    $44,900
    1,860 sqft 0.16 AC lot

    Three apartments include two two-bedroom units and one one-bedroom unit, with city water and sewer service.

    View details

    Off-Market Properties in Iron Mountain, MI

    Consider similar Off-Market properties in Iron Mountain, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    8079 Us Hwy 2nd, Unit 99
    MOBILE HOME PARK, TRAILER PARK

    8079 Us Hwy 2nd, Iron Mountain, MI 49801-9439

    Unit 99
    Estimated value: by Request
    40.00 AC lot
    View details
    8079 Us Hwy 2nd, Unit 98
    MOBILE HOME PARK, TRAILER PARK

    8079 Us Hwy 2nd, Iron Mountain, MI 49801-9439

    Unit 98
    Estimated value: by Request
    View details
    8079 Us Hwy 2nd, Unit 97
    MOBILE HOME PARK, TRAILER PARK

    8079 Us Hwy 2nd, Iron Mountain, MI 49801-9439

    Unit 97
    Estimated value: by Request
    40.00 AC lot
    View details
    8079 Us Hwy 2nd, Unit 96
    MOBILE HOME PARK, TRAILER PARK

    8079 Us Hwy 2nd, Iron Mountain, MI 49801-9439

    Unit 96
    Estimated value: by Request
    40.00 AC lot
    View details
    8079 Us Hwy 2nd, Unit 95
    MOBILE HOME PARK, TRAILER PARK

    8079 Us Hwy 2nd, Iron Mountain, MI 49801-9439

    Unit 95
    Estimated value: by Request
    240.40 AC lot
    View details
    8079 Us Hwy 2nd, Unit 94
    MOBILE HOME PARK, TRAILER PARK

    8079 Us Hwy 2nd, Iron Mountain, MI 49801-9439

    Unit 94
    Estimated value: by Request
    40.00 AC lot
    View details
    8079 Us Hwy 2nd, Unit 93
    MOBILE HOME PARK, TRAILER PARK

    8079 Us Hwy 2nd, Iron Mountain, MI 49801-9424

    Unit 93
    Estimated value: by Request
    80.50 AC lot
    View details
    8079 Us Hwy 2nd, Unit 92
    MOBILE HOME PARK, TRAILER PARK

    8079 Us Hwy 2nd, Iron Mountain, MI 49801-9424

    Unit 92
    Estimated value: by Request
    40.70 AC lot
    View details
    8079 Us Hwy 2nd, Unit 91
    MOBILE HOME PARK, TRAILER PARK

    8079 Us Hwy 2nd, Iron Mountain, MI 49801-9424

    Unit 91
    Estimated value: by Request
    40.00 AC lot
    View details
    8079 Us Hwy 2nd, Unit 90
    MOBILE HOME PARK, TRAILER PARK

    8079 Us Hwy 2nd, Iron Mountain, MI 49801-9424

    Unit 90
    Estimated value: by Request
    40.00 AC lot
    View details
    8079 Us Hwy 2nd, Unit 9
    MOBILE HOME PARK, TRAILER PARK

    8079 Us Hwy 2nd, Iron Mountain, MI 49801-9444

    Unit 9
    Estimated value: by Request
    40.00 AC lot
    View details
    8079 Us Hwy 2nd, Unit 89
    MOBILE HOME PARK, TRAILER PARK

    8079 Us Hwy 2nd, Iron Mountain, MI 49801

    Unit 89
    Estimated value:
    $245,000
    40.00 AC lot
    View details
    8079 Us Hwy 2nd, Unit 88
    MOBILE HOME PARK, TRAILER PARK

    8079 Us Hwy 2nd, Iron Mountain, MI 49801-9424

    Unit 88
    Estimated value: by Request
    40.00 AC lot
    View details
    8079 Us Hwy 2nd, Unit 87
    MOBILE HOME PARK, TRAILER PARK

    8079 Us Hwy 2nd, Iron Mountain, MI 49801-9424

    Unit 87
    Estimated value: by Request
    40.00 AC lot
    View details
    8079 Us Hwy 2nd, Unit 86
    MOBILE HOME PARK, TRAILER PARK

    8079 Us Hwy 2nd, Iron Mountain, MI 49801-9424

    Unit 86
    Estimated value: by Request
    40.00 AC lot
    View details
    8079 Us Hwy 2nd, Unit 85
    MOBILE HOME PARK, TRAILER PARK

    8079 Us Hwy 2nd, Iron Mountain, MI 49801

    Unit 85
    Estimated value: by Request
    160.00 AC lot
    View details
    8079 Us Hwy 2nd, Unit 84
    MOBILE HOME PARK, TRAILER PARK

    8079 Us Hwy 2nd, Iron Mountain, MI 49801-9424

    Unit 84
    Estimated value:
    $180,000
    40.59 AC lot
    View details

    Iron Mountain, MI Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Iron Mountain, MI, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 12,902 square feet of properties for sale, with an estimated market value of $1,358,200.

    Sale prices for multifamily properties in Iron Mountain, MI start at $75,500, averaging $194,028, and reaching up to $279,900 — 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 4
    Triplexes 2

    Demographics Overview

    Population 18K
    Population Growth (5Y) -12.5%
    Median Household Income $62,329
    College Educated 29.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49801 $213K

    Listings Trend

    New vs delisted commercial listings in Dickinson County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Iron Mountain, MI

    • 49801

    Featured Iron Mountain Real Estate Agencies

    Realmo connects you with licensed Iron Mountain CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Stephens Real Estate
    1320 Carpenter Ave. Iron Mountain, MI 49801
    Phone: 19067748570
    www.stephensandassoc.com
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