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Jenn Smart

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5216 E Sunset , Ironwood, MI 49938
$334,990
Est. Payment: $1,745.68/mo
9 Bed
4 Bath
2432 Sqft
Status: active | Days on site: 21
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

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.

Highlights

Listed by Jonathan Minerick , 888-400-2513 HomeCoin.com , 888-400-2513. MiRealSource, Inc. mls logo

Property Type

Multi-Family

Lot/Acreage
1.73

Year Built

1937

County

Gogebic

Area

Ironwood Twp (27005)

Neighborhood

Ironwood Homesteads

School District

Ironwood Area Schools

Listing ID

50214401

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:9
  • Bathrooms:4
  • Full Bathrooms:4
Appliances:Range/Oven, Refrigerator
Air Cond:Wall/Window A/C
Fireplaces:
Above Ground Sq Ft:2432
Basement:Block
Water:Public Water

Exterior Features

Lot Dimensions:75359
Zoning:Residential
Sewer:Public Sanitary
Parking Features:Attached Garage,Detached Garage,Off Street,3 or More Spaces,Garage
Principal Interest
$1,746
Taxes
$487

Home Price

$334,990

Loan Details

30 yrs
6.792%

Down Payment

20%
$66,998
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,745.68

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,745.68 $486.92 $0.00 $2,232.60
Yearly $20,948.15 $5,843.00 $0.00 $26,791.15
Total $628,444.61 $175,290.00 $0.00 $803,734.61
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Ironwood, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-02T04:57:55.100Z

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