$129,900
$3K PRICE DROP

Estimated payment $828/month

Total Views 4,628
4 Beds
2 Baths
2,016 Sq Ft
$64 Price per Sq Ft

About This Home

Attention landlords: Investment opportunity! This spacious duplex sits on a large corner lot and comes with a great rental history. Both units consist of 2 bedrooms and 1 bath and include their own oven/range, refrigerator, washer, and dryer. There are separate utilities and tenants pay for their own water, heat, electricity, etc. The upper unit has been recently improved with new flooring and paint, while the exterior was recoated and the roof replaced in 2024.

Listing Agent

Betsy Sawicky

STEPHENS REAL ESTATE License #UPAR-6501284459 Listed on: 01/12/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x105
  • Corner Lot

Interior Spaces

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Internet Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 05110160900

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 3640.86
  • Year Built: 1900
  • Mail City: Iron Mountain
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement Type: Full
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Eat-In Kitchen
  • Source of Sq Ft: Assessors Data

Exterior Features

  • Exterior Features: Sidewalks
  • Foundation Type: Basement
  • Roads: City/County

Utilities

  • Water: Public Water
  • 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: 05110160900
  • Location: Corner Lot
  • Lot Dimensions: 50x105
  • Acreage: 0.12
  • Geo Subdivision: MI

Rental Info

  • Lease Information: Month-To-Month

Tax Info

  • Summer Tax: Year: 2025, Amount: $1,848.21
  • Winter Tax: Year: 2024, Amount: $1,792.65
  • Total Tax: Amount: $3,640.86

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Iron Mountain City School District

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 $1,848 $51,000 $51,000 $0
2024 $18 $46,200 $46,200 $0
2023 $1,216 $33,000 $0 $0
2022 $1,883 $31,300 $0 $0
2021 $1,823 $30,000 $0 $0
2020 $1,839 $29,300 $0 $0
2019 $1,790 $28,300 $0 $0
2018 $1,764 $28,300 $0 $0
2017 $1,304 $28,000 $0 $0
2016 $1,313 $27,300 $2,700 $24,600
2014 -- $27,300 $2,700 $24,600
2012 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/02/2026 02/02/26 Price Changed $129,900 -2.3% $64 / Sq Ft
01/12/2026 01/12/26 For Sale $132,900 +56.4% $66 / Sq Ft
03/08/2023 03/08/23 Sold $85,000 -4.5% $42 / Sq Ft View Prior Sale
09/23/2022 09/23/22 For Sale $89,000 -- $44 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $85,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50197377

Upper Peninsula Association of REALTORS®

APN: 051-101-609-00