1114 N Douglas Boulevard # 1110 N Douglas Blvd
Ironwood, MI, 49938 $ 399,000
Bedrooms-- Baths-- Monthly Estimate*
$ 2,457
for $399,000. This building was built in 1900 on a lot size of 0.76.
Excellent 7-Unit Investment Opportunity with Garages & Scenic Setting Discover a versatile income-producing property featuring seven rental units, including a six-unit apartment building and a single-family rental home, complemented by four garage units, ample on-site parking, and additional parking located across the road. The apartment building offers a desirable mix of one- and two-bedroom, one-bathroom units designed to appeal to a wide range of tenants. Residents enjoy the convenience of coin-operated laundry facilities, private balconies, and peaceful wooded views. Nestled near a local ski area and arboretum, tenants frequently enjoy sightings of wildlife and the natural beauty that surrounds the property, creating a unique rental experience that sets these units apart. Adding further value is the three-bedroom, one-bathroom single-family home, featuring both a living room and a family room, providing ample space for comfortable living. The home also includes a full basement, a newer furnace, and updated electrical service, offering peace of mind for both owner and tenant. Situated in one of the area's more scenic neighborhoods, this property offers the perfect balance of tranquility and convenience. Residents enjoy easy access to grocery stores, college, shopping, recreation, and other everyday amenities while still benefiting from a peaceful, nature-filled setting. With multiple income streams, garage rental potential, strong tenant appeal, and a desirable location, this property presents an outstanding opportunity for investors seeking a stable and attractive addition to their portfolio.
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FeaturesGeneralHeating Baseboard Electric Heat Forced Air
Cooling Ceiling Fan(s) Wall/Window A/C
Roof Asphalt
Water Public Water
Status Active Active
Year Built 1900
Parking 6-10 Spaces Off Street On Site Parking Lot
Water Heater Electric
County Gogebic
Class COM/IND/BUS OPP
Type Business
Ownership Corporation
Municipality Ironwood
Zoning Residential
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Commercial Features 110 Volt Power 220 Volt Power Bath Cable Internet Installed Cable TV Available Cafe/Kitchen Carpet Ceramic Floor Flr Thickness: 4+ - 6 In. Living Quarters Living Quarters Attached Occupied
Area Ironwood (27006)
Primary City Ironwood
Location Bus Service To Site Rural
Directions US 2 west to Douglas Blvd. Turn north on Douglas and go 2 blocks north to properties on the right and garages on the left.
City Ironwood
Financial Terms Cash Commercial Loan
Legal Description 3 Legal descriptions on file
DOM 4
Postal Code 49938
Public Remarks Excellent 7-Unit Investment Opportunity with Garages & Scenic Setting Discover a versatile income-producing property featuring seven rental units
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ExteriorExterior Vinyl Siding Wood
Exterior Amenities Deck/Patio Garden Area
Frontage 111
Lot Size Area 0.76
Lot Dimensions 111x105& 156x137
Lot Description Utilities Above Ground Cleared
Water Features None
Roads City/County Paved Street Year Round
Waterfront Y/N No
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InteriorCeiling Height Less than 16 Ft.
Fuel Type Natural Gas
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* Excluded FeaturesList ByELLEN WYSSLINGListing Agent
The Real Estate StoreBroker
ellenwyssling@hotmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,457
- Monthly Property Taxes
- --
- Monthly 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.
Learn more about how to save NearbyCommerical listings in Ironwood, MI
Average List Price $491,038
Percent of Sale Price 23%
About Ironwood, MI 4,998 Population
-20% Since 2002
$ 28,589 Median Income
44.88 Median Age
18% Households with Children
Trends Information provided by ATTOM Data Solutions.
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/3/2026 | $399,000 | | Listed Price |