28 N 5th Avenue Iron River, MI ^$ 59,000

28 N 5th Avenue

^$ 59,000

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28 N 5th Avenue

Iron River, MI, 49935

^$ 59,000

Bedrooms2 Baths1.0 Sq 1,950

Monthly Estimate*

^$ 373

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Single Family Home for sale in Iron River, MI

for $59,000 with 2 bedrooms and 1 full bath. This 1,950 square foot home was built in 1925 on a lot size of 0.16.

Attention investors, landlords, flippers, and handyman homeowners! Properties at this price point within walking distance of downtown are a rare find, and this diamond in the rough home is bursting with untapped potential. The highly functional main level features 2 bedrooms and a classic Jack-and-Jill bathroom, offering dual entryways for en-suite privacy and seamless accessibility. The true crown jewel lies just upstairs, where an expansive, unfinished upper level awaits your vision to easily transform this property into a spacious 4 bedroom, 2 bath home. Complete with a 1-car detached garage that is ready for some TLC, this project is the perfect opportunity to build massive equityâbring your tools and your vision before it is gone!

Single Family Active

Price

^$ 59,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 908

Style

Conventional Frame

Lot Size

0.16

Year Built

1925

Town/City

Iron River

County/Region

Iron

MLS | Web ID

50212665

Features

Interior

Interior Amenities Hardwood Floors Walk-In Closet

Basement Poured

Bedroom 1 Level First

Bedroom 2 Level First

Beds 2

Fireplace? No

General

Heating Forced Air

Kitchen Level First

Cooling None

Possession At Close

Garage Detached Garage

Water Public Water

Appliances Dryer Range/Oven Refrigerator

Status Active Active

Full Baths 1

Half Baths 0

Bathrooms 1

Year Built 1925

Subdivision N/A MI

Water Heater Gas

Style Conventional Frame

County Iron

Class RESIDENTIAL

Type Single Family

Ownership Private

Municipality Iron River

Sale/Rent For Sale

Status Detail 0

Utilities Cable Available Electricity Connected Natural Gas Connected Phone Available Sewer Connected

Structure Style 2 Story

Area Iron River (36010)

Primary City Iron River

Directions M189 south to right on W. Division St right on N. 5th St to home on right.

City Iron River

School District West Iron County School District

Financial Terms Cash Conventional

Legal Description 211-245 248-347 251-266 263-475-8 688-167 766-82 IRC-A22 12 3 279-316 PLAT OF YOUNGS ADDITION TO VILLAGE OF IRON RIVER LOT 12 BLK 3.

DOM 0

Postal Code 49935

Price Per Sq Ft Total AG 30.26

Public Remarks Attention investors landlords flippers and handyman homeowners! Properties at this price point within walking distance of downtown are a rare find

Exterior

Exterior Asphalt

Exterior Amenities None (ExteriorFeatures)

Frontage 50

Lot Size Area 0.16

Pool (Y/N) No

Lot Dimensions 50x140

OUT BUILDINGS None (OtherStructures)

Water Features None

Roads City/County

Waterfront Y/N No

Frontage Type Road

* Excluded Features

List By

DAWN MARGONI

Listing Agent

Stephens Real Estate-Iron River

Broker

dawn@stephensandassoc.com

Affordability Calculator

$448

Per Month

Monthly Principal & Interest: $373
Monthly Property Taxes: $76
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Single family listings in Iron River, MI

Average List Price ^$312,362

Percent of Sale Price 429%

About Iron River, MI

3,213 Population

-10% Since 2002

^$26,434 Median Income

46.94 Median Age

21% 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

See complete school information

Pricing History

Date	Price	Price Change	Description
6/24/2026	$59,000		Listed Price

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28 N 5th Avenue, Iron River, MI, 49935 is a Single Family Home for sale at $59,000 with 1,950 sqft and a lot size of 0.16. 28 N 5th Avenue has 2 bedrooms, 1.0 baths, and was built in 1925. The property's zip code is 49935 which is in Iron River, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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28 N 5th Avenue

Single Family Home for sale in Iron River, MI

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