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.
Closed
$62,000
137-141 Reiman Rd, Iron River, MI 49935
6beds
2,200sqft
Multi Family
Built in 1920
-- sqft lot
$62,100 Zestimate®
$28/sqft
$908 Estimated rent
Home value
$62,100
Estimated sales range
Not available
$908/mo
Zestimate® history
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$908/mo
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$337/mo
Est. payment
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: March 24, 2026 at 05:28am
Listed by:
JILL ALBANYS 906-265-9921,
U.P. RIVERLAND REALTY 906-265-9921
Bought with:
RACHEL MARTIN, 6502431648
REDMAN REALTY GROUP, LLC
Source: Upper Peninsula AOR,MLS#: 50193126
Originating MLS: Upper Peninsula Assoc of Realtors
Originating MLS: Upper Peninsula Assoc of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Bathroom
- Features: Other
Dining room
- Features: Formal Dining Room
Kitchen
- Features: Eat-in Kitchen
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,200
- Total interior livable area: 2,200 sqft
Property
Parking
- Parking features: Unassigned
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Waterfront features: None
- Body of water: none
- Frontage length: 208
Lot
- Size: 2 Acres
- Dimensions: 125 x 417 + 83 x 417
- Features: Large Lot - 65+ Ft.
Details
- Parcel number: 00102002000 and 001020019
- Zoning: Residential
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Conventional Frame
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Basement
Condition
- Fixer
- Year built: 1920
Utilities & green energy
- Electric: 100 Amp Service
- Gas: Natural Gas
- Sewer: Public Sanitary
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Iron River
- Subdivision: no
Other
Other facts
- Listing terms: Cash,Conventional,Land Contract
- Ownership: LLC
Price history
| Date | Event | Price |
|---|---|---|
| 3/20/2026 | Sold | $62,000-26.6%$28/sqft |
Source:  Upper Peninsula AOR #50193126 Report a problem | ||
| 2/26/2026 | Pending sale | $84,500$38/sqft |
Source: Upper Peninsula AOR #50193126 Report a problem | ||
| 10/31/2025 | Listed for sale | $84,500-26.5%$38/sqft |
Source: Upper Peninsula AOR #50193126 Report a problem | ||
| 4/28/2025 | Listing removed | $115,000$52/sqft |
Source: Upper Peninsula AOR #50169081 Report a problem | ||
| 3/19/2025 | Listed for sale | $115,000+475%$52/sqft |
Source: Upper Peninsula AOR #50169081 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 49935
Nearby schools
GreatSchools rating
- 4/10Stambaugh Elementary SchoolGrades: PK-6Distance: 3 mi
- 5/10West Iron County High SchoolGrades: 6-12Distance: 3 mi
Schools provided by the listing agent
- District: West Iron County School District
Source: Upper Peninsula AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Michigan
- Iron County
- Iron River
- 49935
- 137-141 Reiman Rd