Residential Income

Iron Mountain, MI Residential Income Properties for Sale

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Kingsford, MI Florence, WI Niagara, WI
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Two Homes, Investment Opportunity
Updated: May 19
Two Homes, Investment Opportunity

827 S Stephenson Avenue, Iron Mountain, MI 49801

$212,800
1,092 sqft · 0.14 AC lot
Two properties sold together: 827 and 831 S Stephenson Ave (MLS #50208093 and MLS #50208094)
Each address has upper and lower 1 bed, 1 bath units for multiple income‑producing rental spaces
831 includes a lower unit currently used as a business space (in addition to the 1 bed, 1 bath unit layout)
Shared driveway serving the separate parcels at 827 and 831
Both homes have public water and include appliances such as a range/oven and refrigerator
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Mixed-Use Investment Opportunity
Updated: May 18
Mixed-Use Investment Opportunity

831 S Stephenson Avenue, Iron Mountain, MI 49801

$212,800
1,050 sqft · 0.13 AC lot
Two homes (827 & 831 S Stephenson Ave) sold together for one price; MLS # 50208093 and MLS # 50208094 included
Each address features upper and lower 1 bed, 1 bath units for a total of four 1BD/1BA units
831 includes a lower unit currently being used as a business space
Separate parcels with a shared driveway
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Iron Mountain Duplex Near Lake
Iron Mountain Duplex Near Lake

607/609 Kennedy Road, Iron Mountain, MI 49801

$324,900
2,224 sqft · 0.55 AC lot

Desirable duplex near Lake Antoine with income potential.

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Corner Lot Duplex With Two 2BR Units
Corner Lot Duplex With Two 2BR Units

424 6th Street, Iron Mountain, MI 49801

$129,900
2,016 sqft · 0.12 AC lot

Spacious duplex with two 2-bedroom, 1-bath units, each with in-unit appliances and separate utilities.

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Charming Duplex with Rental History
Charming Duplex with Rental History

1305 W B Street, 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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Mixed-Use Property in Downtown Core
Mixed-Use Property in Downtown Core

305 S Stephenson Avenue, Iron Mountain, MI 49801

$179,900
4,141 sqft · 0.83 AC lot

Commercial and residential spaces in a vibrant downtown location.

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

424 6Th St, Iron Mountain, MI 49801

$129,900
2,016 sqft · 0.12 AC lot

Spacious duplex with two 2-bedroom, 1-bath units, each with in-unit appliances and separate utilities.

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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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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 8 Active listings in Iron Mountain, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Turnkey Restaurant & Bar Opportunity
Turnkey Restaurant & Bar Opportunity

130 Washington Avenue, Iron River, MI 49935

$299,000
2,923 sqft · 0.45 AC lot

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

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Turn-Key Duplex with Recent Upgrades
Turn-Key Duplex with Recent Upgrades

309 S 5th Street, Crystal Falls, MI 49920

$110,000
1,650 sqft · 0.16 AC lot

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

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Turn-Key 6-Unit Apartment Building
Turn-Key 6-Unit Apartment Building

401 Marquette Avenue, Crystal Falls, MI 49920

$299,900
5,400 sqft · 0.14 AC lot

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

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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.

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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.

Land in Iron Mountain, MI
Land in Iron Mountain, MI

Pewabic Street, Iron Mountain, MI 49801

Contact for pricing
0.66 AC lot

Three contiguous parcels totaling 0.66 acres in Iron Mountain.

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Iron Mountain Land Parcel
Iron Mountain Land Parcel

907 E I Street, Iron Mountain, MI 49801

$39,500
3.96 AC lot

Almost 4 acres of wooded land in Iron Mountain.

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Wooded Land Parcel in Town
Wooded Land Parcel in Town

E H Street, Iron Mountain, MI 49801

$45,000
1.85 AC lot

1.85 acre wooded parcel in Iron Mountain, Michigan.

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Iron Mountain Land with Lake View
Iron Mountain Land with Lake View

Lake Antoine Road lot: 1, Iron Mountain, MI 49801

$59,900
1.22 AC lot

1.22 acre parcel with panoramic lake and hill views.

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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
Value Estimation by Request
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

Iron Mountain, MI Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Iron Mountain, MI, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 16,779 square feet of properties for sale, with an estimated market value of $1,640,200.

Sale prices for residential income properties in Iron Mountain, MI start at $129,900, averaging $205,025, and reaching up to $324,900 — 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 3
Multifamily properties 3
Single family properties 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 $205K

Listings Trend

New vs delisted commercial listings in Dickinson County

New Delisted

Total CRE Inventory on Market (SF)

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