About This Home

This 9-bedroom, 4-bathroom residential multi family at 5216 E Sunset Road in Ironwood, MI is listed for $334,990 ($138 per sqft). Built in 1937, the home offers 2,432 sqft of living space on a 1.73 acres lot.

Key Features

  • Built in 1937
  • 1.73 acre lot
  • 2 stories

Property Details

2 stories
4 full
5-car garage
1937
Listing Description

Ironwood featuring 4 side-by-side residences. What makes this property especially unique is that all four residences are separately deeded and located on individual tax parcels, providing multiple potential investment strategies and exit options. The property includes three 2-bedroom, 1-bath residences, each with a private full basement with laundry hookups, attached 1-car garage, and dedicated driveway.

The larger end residence offers 3 bedrooms, 1 bathroom, a private full basement with laundry hookups, detached 2-car garage, and additional storage shed. Property features include a newer roof, vinyl windows, updated flooring, exterior repainting completed approximately three years ago, public water and sewer, and solid mechanicals.

Multiple potential investment strategies include continuing the property exploring conversion to vacation rentals, owner occupying one residence while renting the others, or potentially selling residences individually in the future. Situated on approximately 1.75 acres with ample parking.

Located within easy driving distance of Big Powderhorn Mountain, Snowriver Mountain Resort, Copper Peak, Lake Superior, and extensive ATV and snowmobile trail systems. Four residences, four separate deeds, and multiple potential exit strategies.

Monthly Cost Estimate

$1,792/mo

20% down · 6.5% · 30 years

Principal$242
Interest$1,452
Insurance$98

Estimates only. Actual payments may vary.

Location

5216 E Sunset Road

Ironwood, MI 49938

Ironwood Homesteads

Property Details

Parking

Garage

Heating

Forced Air

Cooling

Wall/Window Unit(s)

Appliances

Range/OvenRefrigerator

Questions & Answers

This 9-bedroom, 4-bathroom residential multi family at 5216 E Sunset Road is listed at $334,990 ($138/sqft). The estimated monthly payment is $1,792 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1937, 1.73 acre lot, 2 stories.

This property is listed by Jonathan Minerick.

JM

Jonathan Minerick

Agent at homecoin.com

Listed by homecoin.com · Broker phone: (888) 400-2513 · View on Broker Site · Broker website

MLS# 50214401· Source: Multiple Listing Service MiRealSource· 110 days on PropertySimple

Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5216 E Sunset Road, Ironwood, MI 49938

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