# 831 S Stephenson Avenue, Iron Mountain, MI 49801

> **TL;DR:** 2bd/2ba residential multi family, $212,800 ($203/sqft), built 1887, 1,050 sqft. Est. $922/mo. Listed 14 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $212,800 |
| Price/sqft | $203 |
| Bedrooms | 2 |
| Bathrooms | 2 full |
| Square Feet | 1,050 |
| Year Built | 1887 |
| Lot Size | 5,663 sqft (0.13 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 14 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $922 |
| **Total** | **$922** |

## Property Highlights

- Built in 1887
- 0.13 acre lot
- 2 stories

## Description

### Agent Description
Two Homes, One Incredible Investment Opportunity! 827 & 831 S Stephenson Ave are being sold together for price listed, offering exceptional income potential and endless possibilities for investors or owner-occupants alike. Situated on separate parcels, these properties feature multiple income-producing units with a shared driveway. Both 827 and 831 feature upper and lower 1 bed, 1 bath units. At 831, the lower unit is currently being used as a business space. Together, these properties provide multiple sources of rental income and flexible options for investors or owner-occupants. Whether you're looking to expand your portfolio, live in one unit while generating income from the others, or maximize cash flow with mixed-use potential, this unique package is full of opportunity. MLS # 50208093 & MLS # 50208094 are both included for total purchase price listed.

## Location

- **Address:** 831 S Stephenson Avenue, Iron Mountain, MI 49801
- **County:** Dickinson
- **Neighborhood:** Spies & Jenkins 1st Add
- **Coordinates:** 45.814774, -88.063006
- **Google Maps:** https://www.google.com/maps?q=45.814774,-88.063006

## Listing Agent

- **Name:** THOMAS MINER
- **Brokerage:** MULTI STATE REALTY
- **Phone:** 9062217955
- **Email:** tommy@multistatewide.com

## Primary Photo

![831 S Stephenson Avenue - Primary Photo](http://lh.rdcpix.com/3a586fce82fd3e21fa86e38e2122f02cl-f2101565251r.jpg)

*35 total photos available on [listing page](https://www.propertysimple.com/listing/831-s-stephenson-avenue-iron-mountain-mi-49801-50208094)*

---

**MLS#:** 50208094 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/831-s-stephenson-avenue-iron-mountain-mi-49801-50208094)

---

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