This beautifully updated 1800s house has been thoughtfully converted into two distinct apartments, each offering modern amenities while preserving the charm of its historic roots. The main floor apartment exudes character with its spacious layout, featuring French doors that lead into a versatile sitting area or a second bedroom. The unit also includes a large living room, a well-equipped kitchen, an updated bathroom. The unit also includes a large living room, a well-equipped kitchen, an updated bathroom, and modernized electrical systems. With central air conditioning and a 2-car attached garage. this unit combines convenience with classic style. The upper-level apartment, accessible through a separate entrance, offers a cozy 1 bedroom, 1 bath layout. It includes a generous living room, dining room, and kitchen, all updated for contemporary living. Situated on a corner lot, the property benefits from a spacious-feeling yard, perfect for outdoor enjoyment. Located within walking distance to shopping, dining, and parks, this property is ideal for tenants seeking both comfort and convenience. The seller captures $1,300 per month in rental income, with base utilities and Wi-Fi included, while tenants cover any overages. This is a fantastic opportunity for those looking to invest in a property with character and steady income.
Active
$154,900
1025 River Ave, Iron Mountain, MI 49801
2beds
1,224sqft
Est.:
Multi Family
Built in 1887
-- sqft lot
$-- Zestimate®
$127/sqft
$-- HOA
What's special
Modern amenitiesUpdated bathroomSpacious-feeling yardUpdated for contemporary livingModernized electrical systemsCorner lotVersatile sitting area
- 246 days
- on Zillow |
- 293 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: April 21, 2025 at 01:00pm
Listed by:
KIMBERLY WEBB,
LEEDS REAL ESTATE 906-779-5333
Source: Upper Peninsula AOR,MLS#: 50153112
Originating MLS: Upper Peninsula Assoc of Realtors

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric, Forced Air
Cooling
- Central Air
Appliances
- Included: Range/Oven, Refrigerator, Electric Water Heater
Features
- Basement: Block,Concrete
- Has fireplace: No
Interior area
- Total structure area: 1,224
- Total interior livable area: 1,224 sqft
Property
Parking
- Total spaces: 3
- Parking features: 3 or More Spaces, Attached
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
- Waterfront features: None
Lot
- Size: 6,098.4 Square Feet
- Dimensions: 50 x 125
- Features: Cleared, Sidewalks, Corner Lot
Details
- Additional structures: Garage(s)
- Parcel number: 05110436100
- Zoning description: Mixed Use
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Conventional Frame
- Property subtype: Multi Family
Materials
- Vinyl Siding, Asphalt
- Foundation: Basement
Condition
- Year built: 1887
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sanitary
- Water: Public
Community & HOA
Community
- Features: Sidewalks
- Subdivision: none
Location
- Region: Iron Mountain
Financial & listing details
- Price per square foot: $127/sqft
- Tax assessed value: $89,400
- Annual tax amount: $2,250
- Date on market: 8/23/2024
- Listing terms: Cash,Conventional
- Ownership: Private
- Road surface type: Paved
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