205/207 E Vaughn Street Ironwood, MI ^$ 299,000

205/207 E Vaughn Street

^$ 299,000

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Recently Listed

205/207 E Vaughn Street

Ironwood, MI, 49993

^$ 299,000

Bedrooms12 Baths11.0 Sq 4,942

Monthly Estimate*

^$ 1,841

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Multi-Family Home for sale in Ironwood, MI

for $299,000 with 12 bedrooms and 11 full baths. This 4,942 square foot home was built in 1986 on a lot size of 0.25.

Fantastic investment! 10 units, eight rented and two under construction to be brand new. 11 garage spaces are included. There are two buildings, one with four units and the other building has 6 units. The second building had 7 units but a conversion was done to create a three bedroom apartment. Nice Common area outside for gathering. Great Location.

Multi-Family Active

Price

^$ 299,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 4,328

Style

Lot Size

0.25

Year Built

1986

Town/City

Ironwood

County/Region

Gogebic

MLS | Web ID

50210729

Features

General

Heating Forced Air

Possession At Close

Garage Additional Garage(s) Attached Garage

Water Public Water at Street

Appliances Dryer Freezer Microwave Range/Oven Refrigerator Washer

Status Active Active

Full Baths 11

Half Baths 0

Bathrooms 11

Year Built 1986

Parking Garage

Subdivision Downtown MI

Water Heater Gas

Style Other

County Gogebic

Class MULTIFAMILY

Type Multi-Family

Ownership Private

Municipality Ironwood

Zoning Multi-Family

Sale/Rent For Sale

Status Detail 0

Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected

HOA Fee Includes Exterior Maintenance Grounds Maintenance

Structure Style Condo/Apt 2nd Flr or Above

Area Ironwood (27006)

Primary City IRONWOOD

Location Corner Lot

Directions From US 2 head south on Suffolk St. continue to the corner of Suffolk and Vaughn.

City Ironwood

School District Ironwood Area Schools

Financial Terms Cash Conventional

Legal Description LOTS 7 BLOCK 41 ORIGINAL PLAT

DOM 0

Postal Code 49938

Price Per Sq Ft Total AG 60.5

Public Remarks Fantastic investment! 10 units eight rented and two under construction to be brand new. 11 garage spaces are included. There are two buildings

Interior

Basement Partial

Beds 12

Fireplace? No

Total Number of Units 10

Fuel Type Electric

Exterior

Exterior Stone Vinyl Trim Wood

Frontage 140

Lot Size Area 0.25

Lot Dimensions 120x140

Lot Description Large Lot - 65+ Ft.

Water Features None

Roads City/County Year Round

Waterfront Y/N No

* Excluded Features

List By

WENDY ROUTHEAUX

Listing Agent

Silver Properties-Exp Realty

Broker

wendy@silverproperties.com

Affordability Calculator

$2,202

Per Month

Monthly Principal & Interest: $1,841
Monthly Property Taxes: $361
Monthly Home Insurance: --

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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 Ironwood, MI

Average List Price ^$191,867

Percent of Sale Price 36%

About Ironwood, MI

4,998 Population

-20% Since 2002

^$28,589 Median Income

44.88 Median Age

18% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3701297 Elementary School

3701294 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/9/2026	$299,000		Listed Price

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205/207 E Vaughn Street, Ironwood, MI, 49993 is a Multi-Family Home for sale at $299,000 with 4,942 sqft and a lot size of 0.25. 205/207 E Vaughn Street has 12 bedrooms, 11.0 baths, and was built in 1986. The property's zip code is 49993 which is in Ironwood, 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.

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205/207 E Vaughn Street

Multi-Family Home for sale in Ironwood, MI

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