Residential Income

Iron River, MI Residential Income Properties for Sale

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Caspian, MI Gaastra, MI Crystal Falls, MI Long Lake, WI Amasa, MI Florence, WI Phelps, WI Watersmeet, MI
6 properties
Duplex Near Ski Access
Updated: Apr 1
Duplex Near Ski Access

104 Sleepy Hollow Way, Iron River, MI 49935

$264,900
2,053 sqft 0.50 AC lot
2,053‑square‑foot duplex on a 0.5‑acre parcel
Two‑bedroom, one‑bath unit with gas fireplace and open living areas
Four‑bedroom, one‑bath unit with two first‑floor bedrooms and two upstairs bedrooms
Located next to Ski Brule
Private deck for each unit plus shared outdoor hot tub
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Duplex with Private Sauna
Updated: Apr 1
Duplex with Private Sauna

111 Little Deer Road, Iron River, MI 49935

$279,900
2,000 sqft 0.40 AC lot
2,000 square feet across two residential units
0.4‑acre parcel in Iron River, MI
Larger unit includes four bedrooms, gas fireplace, full bath, and private sauna
Second unit offers two bedrooms, open living space, and gas fireplace
Private deck access for both units
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Renovation-Ready Duplex Property
Renovation-Ready Duplex Property

37 Allen Street, Iron River, MI 49935

$45,000
2,875 sqft 0.34 AC lot

Two-story structure with a stripped interior, basement, and flexible residential reconfiguration potential.

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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.

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Duplex Chalet Near Ski Brule
Duplex Chalet Near Ski Brule

111 Little Deer Road, Iron River, MI 49935

$279,900
2,000 sqft

Two separate living areas offer flexible personal or rental use near Ski Brule.

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Renovated Duplex with Detached Garage
Renovated Duplex with Detached Garage

112 Little Deer Road, Iron River, MI 49935

$369,900
2,373 sqft

Two residential units combine updated interiors with private outdoor amenities and supplemental storage capacity.

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 6 Active listings in Iron River, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Lakefront Resort with Cabins
Lakefront Resort with Cabins

229 E Lake Emily Road, Crystal Falls, MI 49920

$519,900
2,276 sqft 1.59 AC lot

Four two-bedroom accommodations offer open living and kitchen areas beside Lake Emily in a commercial-zoned setting.

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COMMERCIAL - Crystal Falls, MI
COMMERCIAL - Crystal Falls, MI

229 E Lake Emily Rd, Crystal Falls, MI 49920

$519,900
2,276 sqft 1.59 AC lot

Four 2-bedroom units sit on sandy Lake Emily frontage with a permanent pier and dedicated fish cleaning facilities.

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Four-Bedroom Short-Term Rental Home
Four-Bedroom Short-Term Rental Home

3302 GARRISON LN, Phelps, WI 54554

$319,000
3.02 AC lot

Vacation rental home with three baths and septic approval for six bedrooms.

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Furnished Waterfront Rental Portfolio
Furnished Waterfront Rental Portfolio

2560 MILLERVILLE RD, Phelps, WI 54554

$849,000
0.75 AC lot

Three furnished condominium homes offer shared lake access, private tax parcels, and flexible short-term rental or retreat use.

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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.

Vacant Land in Ski Village
Vacant Land in Ski Village

Little Deer Road lot: 64, Iron River, MI 49935

Contact for pricing
0.40 AC lot

Corner lot near ski resort and lakes, ideal for recreation.

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Caspian, MI Land Parcel
Caspian, MI Land Parcel

W Caspian Avenue, Caspian, MI 49915

Contact for pricing
0.24 AC lot

Land parcel near trails and downtown Caspian, MI.

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Land Near ORV Trail
Land Near ORV Trail

N Fourteenth Street lot: Block 17 Lot 1 And 2, Iron River, MI 49935

Contact for pricing
0.32 AC lot

Undeveloped land close to town and ORV trail.

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Buildable Lots in Iron River
Buildable Lots in Iron River

W Monroe Street, Iron River, MI 49935

Contact for pricing
0.47 AC lot

Five vacant lots suitable for residential construction near downtown.

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Iron River, MI Residential Income Properties Market Trends and Statistics

Explore 6 residential income properties for sale in Iron River, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 17,538 square feet of properties for sale, with an estimated market value of $1,618,600.

Sale prices for residential income properties in Iron River, MI start at $45,000, averaging $269,766, and reaching up to $379,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 9
Multifamily properties 9
Short term rental properties 3
Single family properties 1

Demographics Overview

Population 5,969
Population Growth (5Y) +3.1%
Median Household Income $52,254
College Educated 25.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49935 $276.9K

Listings Trend

New vs delisted commercial listings in Iron County

New Delisted

Total CRE Inventory on Market (SF)

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