137 Reiman Rd Iron River, MI 49935
Estimated payment $524/month
About This Home
This duplex is beautifully located one mile from sunset lake and three miles from town. If you are looking for something you can put some TLC into and begin building your investment portfolio, this side-by-side duplex offers so much potential. Many new items have already been purchased and are just waiting to be installed. This multi-unit dwelling has new electric, furnace, drywall, new windows in one unit, and new windows, doors and more already purchased for the second unit. Absolutely a must see. Great income potential. Rare opportunity to own a duplex with a country setting. Units are both under construction.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Lot Details
- 2 Acre Lot
- 208 Ft Wide Lot
Parking
- Unassigned Parking
Home Design
- Duplex
- Fixer Upper
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Deck
Utilities
- Forced Air Heating System
- Separate Meters
- Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 001-020-020-00 and 001-020-019
Map
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/31/2025 10/31/25 | For Sale | $84,500 | +322.5% | $38 / Sq Ft | |
| 01/02/2024 01/02/24 | Sold | $20,000 | -19.7% | $12 / Sq Ft | View Prior Sale |
| 10/31/2023 10/31/23 | Pending | -- | -- | -- | |
| 09/27/2023 09/27/23 | Price Changed | $24,900 | -20.2% | $15 / Sq Ft | |
| 08/16/2023 08/16/23 | Price Changed | $31,200 | +0.6% | $19 / Sq Ft | |
| 08/14/2023 08/14/23 | For Sale | $31,000 | -- | $18 / Sq Ft |
Source: Upper Peninsula Association of REALTORS®
MLS Number: 50193126
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