209 W Railroad Street Caspian, MI ^$ 135,000

209 W Railroad Street

^$ 135,000

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Recently Listed

209 W Railroad Street

Caspian, MI, 49915

^$ 135,000

Bedrooms4 Baths2.0 Sq 1,525

Monthly Estimate*

^$ 831

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Multi-Family Home for sale in Caspian, MI

for $135,000 with 4 bedrooms and 2 full baths. This 1,525 square foot home was built in 1920 on a lot size of 0.34.

Charming, well kept, and ready to go this duplex is ready for a new owner. Each unit has two bedrooms, though the lower unit has a walk through room that could be a third bedroom or study. The 1st floor unit has been rented by the same individuals for almost 2 years and they would be willing to stay on. The yard is comprised of 4 lots with two detached garages and one shed. The 2nd floor unit is vacant due to past owner use, but could easily become your home or an additional rental space.

Multi-Family Active

Price

^$ 135,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,351

Style

Conventional Frame

Lot Size

0.34

Year Built

1920

Town/City

Caspian

County/Region

Iron

MLS | Web ID

50208224

Features

Interior

Interior Amenities Window Treatment(s)

Basement Poured Stone

Beds 4

Fireplace? No

Total Number of Units 2

Bath Descriptions Basement Bath Lav/Half

Dining/Kitchen Eat-In Kitchen

Fuel Type Natural Gas

General

Heating Forced Air

Cooling None

Possession Month To Month Tenant

Garage Additional Garage(s) Detached Garage

Water Public Water

Appliances Dishwasher Range/Oven Refrigerator

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1920

Subdivision N/A MI

Water Heater Gas

Style Conventional Frame

County Iron

Class MULTIFAMILY

Type Multi-Family

Ownership Private

Municipality Caspian

Electric 100 Amp Service

Zoning Residential

Sale/Rent For Sale

Status Detail 0

Utilities Electricity Connected Natural Gas Connected Phone Connected Sewer Connected Water Connected

Structure Style 1 1/2 Story

Area Caspian (36004)

Primary City Caspian

Location Corner Lot

Directions From the stoplight in Iron River head north on 4th Ave for 1.6 miles. Turn left onto County Rd 424. Turn right onto Caspian Ave. In less than a block turn left onto W Railroad Street. Home is on your

City Caspian

School District West Iron County School District

Financial Terms Cash Conventional

Legal Description Sec 1 T42N R35W Konwinski Addition Lots 21 22 23 & 24 BLK 11.

DOM 2

Postal Code 49915

Price Per Sq Ft Total AG 88.52

Public Remarks Charming well kept and ready to go this duplex is ready for a new owner. Each unit has two bedrooms

Exterior

Exterior Vinyl Siding

Exterior Amenities Porch

Frontage 120

Flood Plan None

Lot Size Area 0.34

Lot Dimensions 120x125

Water Features None

Roads City/County Year Round

Waterfront Y/N No

* Excluded Features

List By

KELLY WATERS

Listing Agent

U.P. Riverland Realty

Broker

kelly@upriverland.com

Affordability Calculator

$944

Per Month

Monthly Principal & Interest: $831
Monthly Property Taxes: $113
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Caspian, MI

Average List Price ^$0

Percent of Sale Price 100%

About Caspian, MI

778 Population

-5% Since 2002

^$29,031 Median Income

47.7 Median Age

19% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3701578 Elementary School

3701583 Middle School

Unknown High School High School

Pricing History

Date	Price	Price Change	Description
5/20/2026	$135,000		Listed Price

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209 W Railroad Street, Caspian, MI, 49915 is a Multi-Family Home for sale at $135,000 with 1,525 sqft and a lot size of 0.34. 209 W Railroad Street has 4 bedrooms, 2.0 baths, and was built in 1920. The property's zip code is 49915 which is in Caspian, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

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209 W Railroad Street

Multi-Family Home for sale in Caspian, MI

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