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  • Price cut: $10K (7/24)
    $129,900

    1025 River Ave, Iron Mountain, MI 49801

    2beds
    1,224sqft
    : 
    Multi Family
    Built in 1887
    -- sqft lot
    $-- Zestimate®
    $106/sqft
    $-- HOA

    What's special

    Modern amenitiesUpdated bathroomSpacious-feeling yardModernized electrical systemsCorner lotVersatile sitting areaCentral air conditioning
    This beautifully updated 1800s house has been thoughtfully converted into two distinct apartments, each offering modern amenities while preserving the charm of its historic roots. The main floor apartment exudes character with its spacious layout, featuring French doors that lead into a versatile sitting area or a second bedroom. The unit also includes a large living room, a well-equipped kitchen, an updated bathroom, and modernized electrical systems. With central air conditioning and a 2-car attached garage. this unit combines convenience with classic style. The upper-level apartment, accessible through a separate entrance, offers a cozy 1 bedroom, 1 bath layout. It includes a generous living room, dining room, and kitchen, all updated for contemporary living. Situated on a corner lot, the property benefits from a spacious-feeling yard, perfect for outdoor enjoyment. Located within walking distance to shopping, dining, and parks, this property is ideal for tenants seeking both comfort and convenience. The seller captures $1,300 per month in rental income, with base utilities and Wi-Fi included, while tenants cover any overages. This is a fantastic opportunity for those looking to invest in a property with character and steady income.
    362 days
    on Zillow
    |
    320
    |
    19
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 01, 2025 at 07:20am

    Listed by:

    KIMBERLY WEBB 906-396-9422,

    LEEDS REAL ESTATE 906-779-5333

    Source: Upper Peninsula AOR,MLS#: 50153112MLS LogoOriginating MLS: Upper Peninsula Assoc of Realtors
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    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Electric, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Range/Oven, Refrigerator, Electric Water Heater
    Features
    • Basement: Block,Concrete
    • Has fireplace: No
    Interior area
    • Total structure area: 1,224
    • Total interior livable area: 1,224 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: 3 or More Spaces, Attached
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Porch
    • Waterfront features: None
    Lot
    • Size: 6,098.4 Square Feet
    • Dimensions: 50 x 125
    • Features: Cleared, Sidewalks, Corner Lot
    Details
    • Additional structures: Garage(s)
    • Parcel number: 05110436100
    • Zoning description: Mixed Use

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Conventional Frame
    • Property subtype: Multi Family
    Materials
    • Asphalt, Vinyl Siding
    • Foundation: Basement
    Condition
    • Year built: 1887

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: Public Sanitary
    • Water: Public

    Community & HOA

    Community
    • Features: Sidewalks
    • Subdivision: none
    Location
    • Region: Iron Mountain

    Financial & listing details

    • Price per square foot: $106/sqft
    • Tax assessed value: $89,400
    • Annual tax amount: $2,250
    • Date on market: 8/23/2024
    • Listing terms: Cash,Conventional
    • Ownership: Private
    • Road surface type: Paved
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