5216 E Sunset Road Ironwood, MI $ 334,990
5216 E Sunset Road
$ 334,990
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5216 E Sunset Road

Ironwood, MI, 49938
$ 334,990
Baths4.0 Sq 2,432

Monthly Estimate*

$ 2,115

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Studio

Multi-Family Home for sale in Ironwood, MI

for $334,990 with 4 full baths. This 2,432 square foot home was built in 1937 on a lot size of 1.73.

Rare opportunity to own four side-by-side residences on approximately 1.75 acres in Ironwood, with each home already separately deeded and located on its own tax parcel. Whether you're looking to expand your investment portfolio, occupy the spacious 3-bedroom end unit while generating rental income from the others, or own a Northwoods getaway with built-in income potential, this property offers flexibility that is rarely available. Purchase all four as a package, or take advantage of the fact that each residence is already separately deeded on its own tax parcel, creating uncommon flexibility for future ownership strategies, subject to applicable municipal, financing, insurance, and utility requirements. The property includes three 2-bedroom, 1-bath units, each with a private basement, laundry hookups, a one-car garage, and a dedicated driveway. The larger end unit offers 3 bedrooms, 1 bathroom, a private basement with laundry hookups, a detached 2-car garage, and an additional storage shed. Property features include a newer roof, updated flooring, durable block construction, vinyl windows, public water and sewer, exterior repainting completed approximately three years ago, separate off-street parking, and excellent separation between the units. Tenants currently pay gas, electric, water/sewer, and trash, while the owner handles lawn care and snow removal. Located within easy driving distance of Big Powderhorn Mountain, Blackjack Mountain, Indianhead Mountain, Lake Superior, and extensive snowmobile and ATV trail systems, the property is attractive not only as an investment but also as a year-round recreational retreat with income-producing potential.

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Multi-Family Active

Price

$ 334,990

Bedrooms

Studio

Full Bath

4

Property Type

Multi-Family

Taxes

$ 5,843

Style

MultiFamily

Lot Size

1.73

Year Built

1937

Town/City

Ironwood

County/Region

Gogebic

MLS | Web ID

58050214401

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas SeparateMeters
Cooling WallWindowUnits
Possession Other
Appliances Oven Refrigerator Range
Garage Spaces 5.0
Construction Materials Brick
Year Built 1937
Levels Two
Property Subtype MultiFamily
County Gogebic
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name IRONWOOD HOMESTEADS
Garage Y/N N
Full Baths 4
Status Active
City IronwoodCharterTownship_Gogebic
Disclosures TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Ironwood
Zoning Description Residential
Number Of Units Total 4
MLS Area Area27011IronwoodTwp
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 5843.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Ownership Type LLC
Legal Description SEC. 02 T47N R47W MAP NO. P48 LOT 101. WEST 73.43 FT; THENCE NORTH 394 FT; THENCE EAST 44.56 FT; THENCE SOUTH 264 FT; THENCE EAST 29 FT AND SOUTH 130 FT OF LOT 101 OF IRONWOOD HOMESTEADS. 655/226 667
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Interior
Basement Block
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2432.0
Total Bedrooms 9
Above Grade Finished Area Source PublicRecords
Above Grade Finished Area Unit Type SquareFeet
Total Baths 4
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Exterior
Parking Features Assigned2Spaces FiveCarGarage Attached Detached Garage OffStreet
Water Source Public
Foundation Details Basement Block
Spa N
Lot Dimensions 75359
Lot Size Acres 1.73
Waterfront Y/N N
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 5216
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* Excluded Features
List By
Jonathan Minerick

Listing Agent

Homecoin.Com

Broker

(888) 400-2513

Phone

Affordability Calculator

$2,602
Per Month
81%
19%
0%
Monthly Principal & Interest
$2,115
Monthly Property Taxes
$487
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
5401560 Elementary School
5401561 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/28/2026$334,990 -4.01% Price Down
7/10/2026$348,990 Listed Price

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5216 E Sunset Road, Ironwood, MI, 49938 is a Multi-Family Home for sale at $334,990 with 2,432 sqft and a lot size of 1.73. 5216 E Sunset Road is a studio with 4.0 baths and was built in 1937. The property's zip code is 49938 which is in Ironwood, MI