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    Iron, MN
    Residential Income

    Iron, MN Residential Income Properties for Sale

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    Forbes, MN Eveleth, MN Mountain Iron, MN
    Historical Bank Building Opportunity
    Updated: May 26
    Historical Bank Building Opportunity

    8880 Main St., Mt., Iron, MN 55768

    $79,000
    Historical Bank Building in Downtown Mt. Iron
    Oversized potential business area on the main floor
    Large 3‑bedroom apartment upstairs
    Hardwood flooring in the apartment
    Massive living room/dining area in the apartment
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Iron, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

    Mixed-Use Dental Office and Apartment
    Mixed-Use Dental Office and Apartment

    202 S 5th Ave S, Virginia, MN 55792

    $225,000

    Well-maintained dental office on the main level with a three-bedroom apartment above and off-street parking for up to 10 vehicles.

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    Tenant-Occupied Triplex with Newer Roofs
    Tenant-Occupied Triplex with Newer Roofs

    1515 S 11th St., Virginia, MN 55792

    $99,900

    Income-generating triplex with newer roofs, offered as a tenant-occupied residential property in Virginia, Minnesota.

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    Well-Maintained Duplex Investment
    Well-Maintained Duplex Investment

    612 Adams Ave, Eveleth, MN 55734

    $97,900
    1,822 sqft

    Two-unit duplex with separate utilities and in-unit basement laundry for flexible rental or owner-occupant use.

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    Historic Bar and Apartment Building
    Historic Bar and Apartment Building

    301 Grant Ave, Eveleth, MN 55734

    $79,000
    3,200 sqft

    Historic Iron Range building with bar and apartment in Eveleth.

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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.

    Heavily Wooded 10-Acre Lot
    Heavily Wooded 10-Acre Lot

    N Moon Lake Drive, Eveleth, MN 55734

    $70,000
    10.00 AC lot

    10-acre lot on Moon Lake with southern exposure.

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    Waterfront Residential Land Parcel
    Waterfront Residential Land Parcel

    Bass Lake Road, Gilbert, MN 55741

    $224,900
    1.48 AC lot

    Heavily wooded waterfront parcel with approximately 200 feet of private shoreline and electric service available at the street.

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    Lakefront Development Lot
    Lakefront Development Lot

    Bass Lake Rd, Gilbert, MN 55741

    $224,900
    1.48 AC lot

    Heavily wooded Bass Lake lot with private shoreline and utilities available at the street for new construction.

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    Elliot Lake Waterfront Land Parcel
    Elliot Lake Waterfront Land Parcel

    Jola Road, Eveleth, MN 55734

    $139,000
    4.50 AC lot

    4.5-acre parcel with 680 feet of shoreline on Elliot Lake.

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    Off-Market Properties in Iron, MN

    Consider similar Off-Market properties in Iron, MN. 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.

    3809 Horseshoe Ln
    MOBILE HOME PARK, TRAILER PARK

    3809 Horseshoe Ln, Iron, MN 55751

    Value Estimation by Request
    1,152 sqft · 75.32 AC lot
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    Mountain
    APARTMENT HOUSE (5+ UNITS)

    Mountain, Iron, MN 55768

    $1,365,000
    Estimated value
    42,120 sqft · 1.09 AC lot
    View details

    Iron, MN Residential Income Properties Market Trends and Statistics

    Explore 3 residential income properties for sale in Iron, MN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $79,000.

    Sale prices for residential income properties in Iron, MN start at $79,000, averaging $79,000, and reaching up to $79,000 — 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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    Demographics Overview

    Population 1,364
    Population Growth (5Y) -13.8%
    Median Household Income $72,969
    College Educated 18.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    Mountain Iron - 55768 $79K

    Taxes & Financing

    Tax Rate (average for all types) 2.34%
    Property Tax per SF $79.12 per SF
    Tax Rate vs County Average 0.24 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in St. Louis County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in St. Louis County

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