Iron County, MI Residential income properties for sale

$299,000

2,923 SF

Turnkey Restaurant & Bar Opportunity

130 Washington Avenue, Iron River, MI 49935

Ready-to-operate restaurant and bar with living quarters in Iron River.

Turnkey restaurant and bar with a Michigan liquor license and fully remodeled commercial kitchen, ready for immediate operation.
Includes a separate 4‑bedroom residence, offering live/work flexibility, rental income potential, or Airbnb opportunity.
Extensive recent upgrades, including new plumbing, updated electrical, new forced‑air heating, newer roof (2018), and new concrete flooring.
Complete lineup of commercial equipment included (stove, fryers, coolers, POS system, etc.), minimizing startup costs.
Prime location in the heart of Iron County, near popular snowmobile and outdoor recreation trails, ensuring built‑in customer traffic.

Updated: Jan 12

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$135,000

1,525 SF

Caspian Duplex with Rental Potential

209 W Railroad Street, Caspian, MI 49915

Charming duplex with two units and detached garages.

Income‑generating potential with a tenant in place on the first floor who is willing to stay.
Two units offer flexibility: live in one and rent the other, or rent out both.
Large lot comprised of 4 lots with two detached garages and one shed.
Each unit features two bedrooms; the lower unit has a potential third bedroom or study.
Includes essential appliances: Dishwasher, Range/Oven, and Refrigerator.

Updated: May 18

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$299,900

2,000 SF

Ski Brule Duplex Investment Opportunity

Dual-unit chalet near Ski Brule, ideal for rental income.

111 Little Deer Road, Iron River, MI 49935

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$129,900

1,872 SF

Turnkey Duplex Income Property

Well-laid-out duplex with dual laundry setups, private outdoor space, and a fully fenced yard for reliable rental income potential.

712 Forest Parkway, Crystal Falls, MI 49920

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$110,000

1,650 SF

Turn-Key Duplex with Recent Upgrades

High-yield duplex with modern upgrades in Crystal Falls, Michigan.

309 S 5th Street, Crystal Falls, MI 49920

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$284,900

2,053 SF

Duplex Near Ski Brule

Versatile duplex near Ski Brule, ideal for rental or getaway.

104 Sleepy Hollow Way, Iron River, MI 49935

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$314,500

0.24 Acres

Homer Duplex: Investment Opportunity

Newer duplex in Homer, MI, ideal for investors or owner-occupiers.

203 E Main Street, Homer, MI 49245

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$299,900

0.20 Acres

Renovated Duplex Investment Opportunity

Fully renovated duplex in Homer, MI, offering immediate income.

201 E Main Street, Homer, MI 49245

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$259,900

3.10 Acres

Riverfront Land with Single-Story Home

Riverfront acreage with Kalamazoo River frontage, a small dock, and a single-story 1-bed home plus storage outbuildings.

5545 25 1/2 Mile Road, Homer, MI 49245

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$299,900

5,400 SF

Turn-Key 6-Unit Apartment Building

Six-unit, three-story complex with coin-operated laundry, tenant appliances, and separate electric and water metering.

401 Marquette Avenue, Crystal Falls, MI 49920

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$45,000

2,875 SF

Spacious Duplex Ready for Renovation

2,875 sq ft duplex on 0.34 acres, ready for renovation.

37 Allen Street, Iron River, MI 49935

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$425,000

6,237 SF

COMMERCIAL - Iron River, MI

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

417 Washington Ave, Iron River, MI 49935

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$499,999

5,250 SF

Almost 11-Acre Mobile Home Park

Mobile home park with commercial land and expansion potential.

10.6 AC US 2 Highway, Crystal Falls, MI 49920

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$314,500

0.24 Acres

Homer Village Duplex Investment

Income-producing duplex in Homer, MI with strong rental appeal.

203 E Main St, Homer, MI 49245

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$299,900

0.20 Acres

Renovated Duplex Investment Opportunity

Fully renovated duplex, immediate income, flexible rental adjustments, exceptional property.

201 E Main St, Homer, MI 49245

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Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 15 Active listings in Iron County, MI, we suggest exploring several alternatives: plus 4 Land Listings that present a potential for development.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

$349,000

0.73 Acres

Waterfront Residential Land Parcel

Residential waterfront land along a canal in Sturgeon Bay, suited for a dream home with nearby boating options.

Bridgeview Ln lot: 3, Sturgeon Bay, WI 54235

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$41,000

0.66 Acres

Vacant Lot in Sturgeon Bay

Residential lot in Sturgeon Bay near amenities and waterfront activities.

3524 N 20th Ave, Sturgeon Bay, WI 54235

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$41,000

0.67 Acres

Vacant Lot in Sturgeon Bay

Residential lot for sale in a growing Door County community.

3528 N 20th Ave, Sturgeon Bay, WI 54235

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$499,900

2.41 Acres

Sturgeon Bay Vacant Commercial Lot

Vacant lot with mixed zoning in Sturgeon Bay, Wisconsin.

Egg Harbor Rd, Sturgeon Bay, WI 54235

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Iron County, MI Residential Income Properties Market Trends and Statistics

Explore 15 residential income properties for sale in Iron County, MI, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 31,785 square feet of properties for sale, with an estimated market value of $2,528,599.

Sale prices for residential income properties in Iron County, MI start at $45,000, averaging $252,859, and reaching up to $499,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.