About This Home

This 3-bedroom, 2-bathroom single family at 307 Iron Street in Norway, MI is listed for $120,000 ($90 per sqft). Built in 1903, the home offers 1,332 sqft of living space on a 0.12 acres lot.

Key Features

  • Built in 1903
  • 0.12 acre lot
  • 2 stories

Property Details

2 stories
1 full, 1 half
1903
Listing Description

LAND CONTRACT OPTION...Welcome to this fantastic 3-bedroom, 1.5-bathroom property offering 1,333 square feet of comfortable, above-ground living space. Nestled in a beautifully peaceful and highly desirable Norway neighborhood, this property is the quintessential starter home you've been waiting for.

This home was previously used as a duplex and could easily be once again! A unique bonus to this property is the enclosed and insulated front porch. The space is already prepped and framed for three windows, just waiting for your finishing touches! With the heavy lifting of insulation and framing complete, you can easily install the windows and siding at your convenience to create a brand-new sunroom or spacious mudroom.

Plus, to make your move-in even easier, the sale includes a brand-new refrigerator, a brand-new combination washer and dryer, and a range! Step outside and you will find a remarkably large backyard that features convenient alley access. With the rear alley entry already in place, you have the absolute perfect layout and plenty of room to build a future garage, park recreational vehicles, or design your dream outdoor living space.

Location is everything, and this home truly delivers unmatched convenience. Situated just two blocks from Norway Elementary School and Vulcan Middle School, the morning school drop-off is reduced to a quick, easy walk. When you want to explore the community, you are only one block away from Main Street, giving you instant walking access to all the shops, dining, and charm that downtown Norway has to offer.

Need to commute or head out of town? You are a mere 4 block drive to US-2, making travel in, out, and around the area an absolute breeze. Whether you are a first-time homebuyer looking to plant roots or simply seeking a quiet community with incredible walkability, this well-located home is a rare find.

Monthly Cost Estimate

$642/mo

20% down · 6.5% · 30 years

Principal$87
Interest$520
Insurance$35

Estimates only. Actual payments may vary.

Location

307 Iron Street

Norway, MI 49870-1323

Erickson Addition

Features & Amenities

Interior Features

Cable/Internet Avail.Hardwood FloorsWalk-In Closet

Exterior Features

Porch

Property Details

Outdoor Features

Porch

Heating

Space HeaterWall Furnace

Appliances

DryerRange/OvenRefrigeratorWasher

Questions & Answers

This 3-bedroom, 2-bathroom single family at 307 Iron Street is listed at $120,000 ($90/sqft). The estimated monthly payment is $642 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1903, 0.12 acre lot, 2 stories. Interior Features: Cable/Internet Avail., Hardwood Floors, Walk-In Closet. Exterior Features: Porch.

This property is listed by DANIEL MENARD.

DM

DANIEL MENARD

Agent at COLDWELL BANKER SCHMIDT REALTORS

Listed by COLDWELL BANKER SCHMIDT REALTORS · Broker phone: 906 2255992 · View on Broker Site

MLS# 50214998· Source: Upper Peninsula Association of Realtors· 108 days on PropertySimple

Copyright © 2026 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

307 Iron Street, Norway, MI 49870-1323

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