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  • $224,000

    521 E F St, Iron Mountain, MI 49801

    5beds
    2,380sqft
    : 
    Multi Family
    Built in 1923
    -- sqft lot
    $134,900 Zestimate®
    $94/sqft
    $-- HOA

    What's special

    One bedroomSeparate single-family residenceAdditional storage spaceNicely remodeled duplexCoin-operated laundryBrand-new kitchen
    Three-Unit Income Property – Iron Mountain’s East Side Don’t miss this excellent investment opportunity! This property features a nicely remodeled duplex along with a separate single-family residence — all fully rented to long-term tenants at strong rental rates that generate solid cash flow. The lower unit of the duplex has been taken down to the studs and completely rebuilt with a brand-new kitchen, bathroom, wiring, drywall, windows, and more. Both duplex units offer two bedrooms and one bathroom. Tenants also enjoy access to coin-operated laundry and additional storage space in the basement. The single-family residence has been fully updated inside and features one bedroom plus storage space in the drive-under garage. All rents include landlord-paid utilities, making this a simple and efficient property to manage. Whether you’re expanding your portfolio or looking for a reliable income stream, this property offers a turnkey investment in a desirable East Side location.
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    Zillow last checked: 7 hours ago

    Listing updated: July 31, 2025 at 12:49pm

    Listed by:

    SCOTT MOSIER 906-280-0903,

    KEY REALTY DELTA COUNTY LLC 906-233-7455

    Source: Upper Peninsula AOR,MLS#: 50183682MLS LogoOriginating MLS: Upper Peninsula Assoc of Realtors
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    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Laundry
    Kitchen
    • Features: Eat-in Kitchen
    Heating
    • Boiler, Forced Air, Radiator
    Cooling
    • None
    Appliances
    • Included: Other, Gas Water Heater
    • Laundry: Lower Level Laundry
    Features
    • Basement: Block,Partial
    • Has fireplace: No
    Interior area
    • Total structure area: 2,380
    • Total interior livable area: 2,380 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
    • Frontage length: 50
    Lot
    • Size: 6,098.4 Square Feet
    • Dimensions: 50 x 120
    Details
    • Parcel number: 05110369800
    • Zoning description: Multi-Family
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Block
    • Property subtype: Multi Family
    Materials
    • Other
    • Foundation: Basement
    Condition
    • Year built: 1923

    Utilities & green energy

    • Electric: Circuit Breakers
    • Gas: Natural Gas
    • Sewer: Public Sanitary
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected, Hard Lined Internet

    Community & HOA

    Community
    • Subdivision: NO
    Location
    • Region: Iron Mountain

    Financial & listing details

    • Price per square foot: $94/sqft
    • Tax assessed value: $111,400
    • Annual tax amount: $3,577
    • Date on market: 7/31/2025
    • Listing terms: Cash,Conventional,Conventional Blend
    • Ownership: LLC
    • Total actual rent: 3068
    • Electric utility on property: Yes
    • Road surface type: Paved
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