222 E Aurora Street # 220 & 224 E Aurora Street Ironwood, MI $ 229,000
222 E Aurora Street # 220 & 224 E Aurora Street
$ 229,000
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222 E Aurora Street # 220 & 224 E Aurora Street

Ironwood, MI, 49938
$ 229,000
Bedrooms9 Baths7.1 Sq 6,440

Monthly Estimate*

$ 1,410

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Multi-Family Home for sale in Ironwood, MI

for $229,000 with 9 bedrooms and 7 full baths, 1 half bath. This 6,440 square foot home was built in 1900 on a lot size of 0.29.

Downtown Ironwood Mixed-Use Investment Opportunity – 2 Commercial Spaces, 6 Apartments & Private Parking Positioned in the heart of vibrant Downtown Ironwood, this exceptional mixed-use property offers a rare combination of commercial visibility, residential income, and future development potential. Comprising 222 E Aurora Street, 220 E Aurora Street, and 224 E Aurora Street, this property presents multiple revenue streams in one prime downtown location. At 222 E Aurora Street, the street-level commercial space welcomes customers with expansive display windows and a warm, inviting atmosphere. Inside, you'll find a carpeted retail area highlighted by a decorative corner fireplace, rich walnut paneling, and exposed decorative ceiling beams that create a cozy yet professional setting. The space also includes a private office or dressing room, a half bath, and an impressive 30' x 18' unfinished room with soaring 20-foot ceilings, offering endless possibilities for expansion, storage, workshops, events, or additional commercial use. A rear entrance provides convenient alley access, while the basement houses the mechanical systems, laundry hookups, and additional storage space. Above the commercial space is a secure, locked entrance leading to six unique apartment units, each offering its own character and floor plan. The apartments feature one- and two-bedroom layouts, with many units benefiting from significant updates, including renovated kitchens and bathrooms, new flooring, fresh paint, updated countertops, and modern fixtures. One unit even boasts skylights that flood the living space with natural light, creating a truly distinctive residence. Several apartments enjoy private or semi-private rear porches, further enhancing tenant appeal. Adjacent to the main building, 220 E Aurora Street provides an additional storefront with exceptional flexibility. Currently configured as private living quarters, the space could easily be reimagined as multiple professional offices, retail suites, studios, or service-based businesses. Featuring 2.5 bathrooms and a full basement, this space offers the versatility entrepreneurs and investors seek in a downtown commercial property. Completing the package is 224 E Aurora Street, a valuable private parking lot providing dedicated off-street parking for tenants-a highly sought-after amenity in any downtown setting. A garage space accessible from the alley adds further utility, while ample public parking across the alley accommodates customers and guests. Located directly across from the library and within walking distance of restaurants, food trucks, boutiques, community events, and everyday services, this property sits in one of Ironwood's most desirable commercial corridors. With a blend of established residential income, flexible commercial space, private parking, and untapped potential for future growth, this is an outstanding opportunity for investors seeking a landmark downtown asset with both immediate cash fl

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Multi-Family Active

Price

$ 229,000

Bedrooms

9

Full Bath

7

Half Bath

1

Property Type

Multi-Family

Taxes

$ 4,690

Style

Conventional Frame

Lot Size

0.29

Year Built

1900

Town/City

Ironwood

County/Region

Gogebic

MLS | Web ID

50210896

Features
Interior
Interior Amenities Hardwood Floors Walk-In Closet
Basement Full MI Basement Outside Entrance Walk Out Stone
Beds 9
Fireplace? Yes
Total Number of Units 7
Bath Descriptions First Flr Bath Lav/Half
Fuel Type Natural Gas
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General
Heating Boiler
Cooling Ceiling Fan(s) Wall/Window A/C
Possession At Close
Fireplaces Decorative Fireplace
Garage Detached Garage Off Street
Water Public Water
Appliances Dishwasher Microwave Range/Oven Refrigerator
Status Active Active
Full Baths 7
Half Baths 1
Bathrooms 8
Year Built 1900
Parking 3 or More Spaces Unassigned/General
Subdivision None MI
Water Heater Electric
Style Conventional Frame Other
County Gogebic
Class MULTIFAMILY
Type Multi-Family
Ownership Trust
Municipality Ironwood
Electric 200+ Amp Service Circuit Breakers
Zoning Commercial
Sale/Rent For Sale
Status Detail 0
Utilities Cable Connected Electricity Connected Natural Gas Connected Phone Available Sewer Connected Water Connected Internet Spectrum
Structure Style More than 2 Stories
Area Ironwood (27006)
Primary City Ironwood
Location Main Street Walk to School
Directions US 2 west to Douglas Blvd (Business US 2). Turn south on Douglas follow the S curve to downtown. Turn left on Aurora Street and the building is on the north side of the street in the middle.
City Ironwood
School District Ironwood Area Schools
Financial Terms Cash Conventional
Legal Description All of Lot 16 Block 21 Original Plat & Lot 17 Block 21 Original Plat.
DOM 11
Postal Code 49938
Price Per Sq Ft Total AG 35.56
Public Remarks Downtown Ironwood Mixed-Use Investment Opportunity – 2 Commercial Spaces 6 Apartments & Private Parking Positioned in the heart of vibrant Downtown Ironwood
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Exterior
Exterior Brick Cedar
Exterior Amenities Sidewalks Street Lights
Frontage 60
Lot Size Area 0.29
Lot Dimensions 60x140
Lot Description Cleared Unpaved
Water Features None
Roads City/County Curbed Paved Street Year Round
Waterfront Y/N No
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* Excluded Features
List By
ELLEN WYSSLING

Listing Agent

The Real Estate Store

Broker

ellenwyssling@hotmail.com

Email

Affordability Calculator

$1,801
Per Month
78%
22%
0%
Monthly Principal & Interest
$1,410
Monthly Property Taxes
$391
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.
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Nearby
3701297 Elementary School
3701294 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/10/2026$229,000 Listed Price

Map


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222 E Aurora Street # 220 & 224 E Aurora Street, Ironwood, MI, 49938 is a Multi-Family Home for sale at $229,000 with 6,440 sqft and a lot size of 0.29. 222 E Aurora Street # 220 & 224 E Aurora Street has 9 bedrooms, 7.1 baths, and was built in 1900. The property's zip code is 49938 which is in Ironwood, MI