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About This Home

This 2-bedroom, 2-bathroom single family at 407 5th Street in Iron Mountain, MI is listed for $55,000 ($42 per sqft). Built in 1900, the home offers 1,300 sqft of living space on a 0.08 acres lot.

Agent Description

Investor Special with Big Potential in Iron Mountain! Located on the North side of Iron Mountain, just minutes from downtown, this 2-bedroom, 2-bath home is packed with opportunity for the right buyer. Whether you're an investor, flipper, or someone looking to build equity, this property is ready for your vision.

With a flexible layout and the potential to add a third bedroom, there's plenty of room to increase value and make it your own. Convenient location, solid potential, and a chance to create real value can be found in this home. Bring your ideas and creativity-this property is being sold as-is and is ideal for those looking to take on a project and turn it into something special!

Key Features

  • Built in 1900
  • 0.08 acre lot
  • 2 stories

Property Details

2 stories
2 full
1900

Monthly Cost Estimate

$294/mo

20% down · 6.5% · 30 years

Principal$40
Interest$238
Insurance$16

Estimates only. Actual payments may vary.

Location

407 5th Street

Iron Mountain, MI 49801

HAMILTON & MERRYMAN'S 3RD ADDITION

Features & Amenities

Interior Features

None (InteriorFeatures)

Exterior Features

DeckPorch

Property Details

Pool Features

DeckPorch

Heating

Forced Air

Appliances

DishwasherRange/OvenRefrigerator

Questions & Answers

This 2-bedroom, 2-bathroom single family at 407 5th Street is listed at $55,000 ($42/sqft). The estimated monthly payment is $238 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.08 acre lot, 2 stories. Interior Features: None (InteriorFeatures). Exterior Features: Deck, Porch.

This property is listed by LACEY TURNER and can be reached at 9063965682 or turnerfamily805@gmail.com.

LT

LACEY TURNER

Agent at MULTI STATE REALTY

(906) 396-5682

Listed by MULTI STATE REALTY · View on Broker Site

MLS# 50204456· Source: listhub· Updated 47 days ago

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.

407 5th Street, Iron Mountain, MI 49801

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