Advertise
    Iron Mountain, MI
    Multifamily

    Iron Mountain, MI Multifamily Properties for Sale

    Notify Me
    List
    Map
    Kingsford, MI Florence, WI Niagara, WI Quinnesec, MI Norway, MI Vulcan, MI Pembine, WI Foster City, MI
    7 properties
    Sort:
    Split-Level Duplex with Mixed-Use Unit
    Updated: May 19
    Split-Level Duplex with Mixed-Use Unit

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

    $199,900
    2,142 sqft 0.27 AC lot
    Two properties sold together: 827 and 831 S Stephenson Avenue
    Split‑level design with upper and lower 1 bed, 1 bath units at each address
    831 lower unit currently used as a business space
    Built in 1916 on a 0.27‑acre lot
    Forced‑air heating with ceiling fan(s) cooling
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

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

    View Property Analytics

    • Est. Cap Rate

      7.2%
      Above avg (5.9%)

    • Est. NOI

      $14K
      Annual

    • Price @ 7% Cap

      $204K
      Above asking

    • Property Type

      Single Family Residence
      Built 1916
    View Property Analytics
    Ranch Quadplex with Private Garages
    Updated: Jul 21
    Ranch Quadplex with Private Garages

    803 E Grant Street, Iron Mountain, MI 49801

    $399,000
    2,912 sqft 0.32 AC lot
    0.32‑acre lot with a large backyard and apple tree
    2,912 SF ranch quadplex built in 1979
    Each tenant has a 1‑car garage and dedicated patio area
    Roof and water heater updates completed over the years
    Some flooring updates, plus a beautifully updated apartment #1
    View details
    Duplex with Two Patios
    Duplex with Two Patios

    1305 W B Street, Iron Mountain, MI 49801

    $225,000
    2,120 sqft 0.38 AC lot

    Two-unit duplex with repainted interiors, newer appliances, and basement storage, plus garages and two patios.

    View details
    Two-Bedroom 65+ Mobile Home
    Two-Bedroom 65+ Mobile Home

    W8007 Highway 2, Iron Mountain, MI 49801

    $44,900
    1,056 sqft

    Clean, well-maintained two-bedroom, one-bath mobile home located in the 65+ section of White Birch Village.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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.

    View details
    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.

    View details
    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.

    View details
    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 Office and Residential Property
    Mixed-Use Office and Residential Property

    417 Washington Avenue, Iron River, MI 49935

    $425,000
    6,237 sqft 0.18 AC lot

    Barrier-free main-level office space includes exam rooms and offices, with two apartments above and basement storage.

    View details
    Turnkey Duplex With In-Unit Laundry
    Turnkey Duplex With In-Unit Laundry

    309 S 5th Street, Crystal Falls, MI 49920

    $110,000
    1,650 sqft 0.16 AC lot

    Turnkey duplex features in-unit laundry and a private rear entry, with updated mechanical and plumbing systems for low-maintenance ownership.

    View details
    COMMERCIAL - Iron River, MI
    COMMERCIAL - Iron River, MI

    417 Washington Ave, Iron River, MI 49935

    $425,000
    6,237 sqft 0.18 AC lot

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

    View details
    Six-Unit Multifamily Building
    Six-Unit Multifamily Building

    401 Marquette Avenue, Crystal Falls, MI 49920

    $299,900
    5,400 sqft 0.14 AC lot

    Six-unit building with lower-level coin-operated laundry, wall/window AC, and a three-car detached garage.

    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
    Value Estimation 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
    Value Estimation 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
    Value Estimation 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
    Value Estimation 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
    Value Estimation 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
    Value Estimation 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
    Value Estimation 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
    Value Estimation 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
    Value Estimation 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
    Value Estimation 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
    Value Estimation 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
    $245,000
    Estimated value
    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
    Value Estimation 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
    Value Estimation 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
    Value Estimation 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
    Value Estimation 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
    $180,000
    Estimated value
    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 10,350 square feet of properties for sale, with an estimated market value of $1,272,300.

    Sale prices for multifamily properties in Iron Mountain, MI start at $44,900, averaging $181,757, and reaching up to $399,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 4
    Mobile home & RV parks 1
    Quadplexes 1

    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 $202.3K

    Listings Trend

    New vs delisted commercial listings in Dickinson County

    New Delisted

    Total CRE Inventory on Market (SF)

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Iron Mountain, MI

    Popular Categories

    Most Searched ZIP Codes in Iron Mountain, MI

    • 49801

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!