$229,900
UNDER CONTRACT

212 Iron St Unit 218 Iron Steet Norway, MI 49870

Estimated payment $1,421/month

Total Views 7,705
8 Beds
4 Baths
4,348 Sq Ft
$53 Price per Sq Ft

Highlights

  • Porch
  • Norway Elementary School Rated A-
  • Forced Air Heating System

About This Home

Duplexes for Sale-Great Investment Opportunity! Two-well maintained duplexes-each with upper and lower units. These income-generating properties are perfect for investors or owner-occupants looking for additional rental income. Each unit features either 2 or 3 bedrooms, 1 bathroom, Storage available for tenants in the basement. Tenants pay rent plus all utilities. Some improvements include: 2009 windows were replaced, 2018-Unit 212 Iron was insulated, sided and front porch was redone. 2023 roofs on both units were replaced. 2024 front porch was redone on unit 218 Iron. Both duplexes are fully functional, well cared for, and ready for new ownership. Don't miss this solid investment opportunity. Sq ft is finished sq ft for both buildings and does not include full basement sq. ft. for either building.

Listing Agent

Carrie Toretta-Partello

COLDWELL BANKER REAL ESTATE GROUP License #UPAR-6501298751 Listed on: 07/07/2025

COLDWELL BANKER REAL ESTATE GROUP

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 100x120

Parking

  • Unassigned Parking

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 053-101-004-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units, Apartment, Duplex, Investment
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Conventional Frame
  • Total Tax Amount: 2718.08
  • Total Tax Year: 2024
  • Year Built: 1940
  • Mail City: Norway
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Full, Outside Entrance
  • Bedrooms: 8
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Dining Kitchen: Eat-In Kitchen, Formal Dining Room
  • Source of Sq Ft: Cubicasa

Exterior Features

  • Construction: Vinyl Siding, Slate
  • Exterior Features: Porch
  • Frontage: 100
  • Foundation Type: Basement
  • Roads: City/County, Year Round

Garage/Parking

  • Parking: Unassigned/General

Utilities

  • Water: Public Water
  • Water Heater: Electric
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 053-101-004-00
  • Lot Dimensions: 100x120
  • Acreage: 0.28
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Rental Info

  • Lease Information: Month-To-Month

Tax Info

  • Summer Tax: Year: 2024, Amount: $2,489.55
  • Winter Tax: Year: 2024, Amount: $228.53
  • Total Tax: Year: 2024, Amount: $2,718.08

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Norway-Vulcan Area Schools

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $111,200 $111,200 $0
2024 $2,489 $105,900 $105,900 $0
2023 $2,409 $47,000 $47,000 $0
2022 $2,409 $48,000 $0 $0
2021 $2,586 $48,200 $0 $0
2020 $2,614 $46,900 $0 $0
2019 $2,554 $43,400 $0 $0
2018 $2,474 $43,400 $0 $0
2017 $2,276 $43,100 $0 $0
2014 -- $39,700 $5,300 $34,400
2012 -- $39,900 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2025 07/07/25 For Sale $229,900 -- $53 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

About the Listing Agent

Carrie Toretta-Partello

COLDWELL BANKER REAL ESTATE GROUP

(906) 212-8741

Section Image

Buying or selling a home can be a complicated and stressful process. You need a knowledgeable and skilled agent like me to assist you with the sale of your property or the purchase of a new home. I will diligently guide you through your real estate transaction from beginning to close. Just like I have been helping buyers and sellers since I was licensed in 2000. That's 24 years. Contact me today to discuss your real estate needs

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Source: Upper Peninsula Association of REALTORS®

MLS Number: 50181065

Upper Peninsula Association of REALTORS®

APN: 053-101-004-00