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About This Home

This 2-bedroom, 1-bathroom single family at 4908 Margaret Street in Ironwood, MI is listed for $290,000 ($338 per sqft). Built in 1965, the home offers 858 sqft of living space on a 1.30 acres lot.

Agent Description

Welcome to 4908 East Margaret Street, Ironwood, MI 49938! This newly remodeled 2-bed, 1-bath home offers modern amenities and historical charm in the Great Lakes snow belt. The property features a two-car attached garage and an impressive detached 30x146 ft.

three-story barn built in the 1950s, offering endless possibilities for customization. Enjoy the convenience of city water, sewer, and natural gas services. Zoned for single-family residential use, there's potential for commercial conversion. With verification form zoning, enough space to create two duplexes or fourplexes, this property is an excellent investment opportunity.

Ironwood's housing demand is rising, especially with local mines reopening, making it an ideal time to invest. In walking distance to the local college and ski hill. The historical barn offers ample room for additional living quarters or storage, adding vast potential. Don't miss the chance to own this unique property. BUYER TO VERIFY ALL MEASUREMENTS, ZONING, AND TAX INFO.

Key Features

  • Built in 1965
  • 1.30 acre lot

Property Details

1 story
1 full
1965

Monthly Cost Estimate

$1,551/mo

20% down · 6.5% · 30 years

Principal$210
Interest$1,257
Insurance$85

Estimates only. Actual payments may vary.

Location

4908 Margaret Street

Ironwood, MI 49938

Olcott Park Add

Features & Amenities

Interior Features

None (InteriorFeatures)

Exterior Features

None (ExteriorFeatures)

Property Details

Heating

BaseboardElectric (Heating)

Cooling

Ceiling Fan(s)

Appliances

Range/OvenRefrigerator

Questions & Answers

This 2-bedroom, 1-bathroom single family at 4908 Margaret Street is listed at $290,000 ($338/sqft). The estimated monthly payment is $1,257 based on 20% down at 6.5% interest.

Key features include: Built in 1965, 1.30 acre lot. Interior Features: None (InteriorFeatures). Exterior Features: None (ExteriorFeatures).

This property is listed by TIMOTHY RILEY and can be reached at 6082795669 or rileyrealtypro@gmail.com.

TR

TIMOTHY RILEY

Agent at SHOREWEST REALTORS

(608) 279-5669

Listed by SHOREWEST REALTORS · View on Broker Site

MLS# 50206030· Source: listhub· Updated 31 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.

4908 Margaret Street, Ironwood, MI 49938

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