This duplex is beautifully located one mile from sunset lake and three miles from town. If you are looking for something you can put some TLC into and begin building your investment portfolio, this 2 family dwelling offers so much potential. Many new items have already purchased and are just waiting to be put in place. This multi-unit dwelling has new electric, furnace, drywall, new windows in one unit, and new windows, doors and more already purchased for the second unit. Absolutely a must see. Great income potential. Rare opportunity as seller would consider a land contract. To be sold as is.
Active
$115,000
137-141 Reiman Rd, Iron River, MI 49935
6beds
1,360sqft
Est.:
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$85/sqft
$-- HOA
What's special
New windows
- 38 days
- on Zillow |
- 403 |
- 22 |
Zillow last checked: 7 hours ago
Listing updated: March 27, 2025 at 04:56pm
Listed by:
JILL ALBANYS,
U.P. RIVERLAND REALTY 906-265-9921
Source: Upper Peninsula AOR,MLS#: 50169081
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: 6
- Bathrooms: 2
- Full bathrooms: 2
Bathroom
- Features: Other
Dining room
- Features: Formal Dining Room
Kitchen
- Features: Eat-in Kitchen
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,360
- Total interior livable area: 1,360 sqft
Property
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Waterfront features: None
- Frontage length: 125
Lot
- Size: 1.19 Acres
- Dimensions: 125 x 417 x ireg
- Features: Large Lot - 65+ Ft.
Details
- Parcel number: 00102001900
- Zoning: Side by Side Duplex, residential
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Conventional Frame
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Basement
Condition
- Fixer
- Year built: 1920
Utilities & green energy
- Electric: 100 Amp Service
- Gas: Natural Gas
- Sewer: Public Sanitary
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Community & HOA
Community
- Subdivision: no
Location
- Region: Iron River
Financial & listing details
- Price per square foot: $85/sqft
- Tax assessed value: $41,307
- Annual tax amount: $2,964
- Date on market: 3/19/2025
- Listing terms: Cash,Conventional,Land Contract
- Ownership: Private
- Electric utility on property: Yes
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