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Jenn Smart

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4908 Margaret , Ironwood, MI 49938
$220,000
Est. Payment: $1,146.45/mo
2 Bed
1 Bath
858 Sqft
Status: active | Days on site: 61
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Welcome to 4908 East Margaret Street, Ironwood, MI 49938! This newly remodeled 2-bed, 1-bath home offers modern amenities and historical charm in the Great Lakes snow belt. The property features a two-car attached garage and an impressive detached 30x146 ft. three-story barn built in the 1950s, offering endless possibilities for customization. Enjoy the convenience of city water, sewer, and natural gas services. Zoned for single-family residential use, there’s potential for commercial conversion. With verification form zoning, enough space to create two duplexes or fourplexes, this property is an excellent investment opportunity. Ironwood’s housing demand is rising, especially with local mines reopening, making it an ideal time to invest. In walking distance to the local college and ski hill. The historical barn offers ample room for additional living quarters or storage, adding vast potential. Don’t miss the chance to own this unique property. BUYER TO VERIFY ALL MEASUREMENTS, ZONING, AND TAX INFO.

Highlights

Listed by TIMOTHY RILEY , 608-279-5669 SHOREWEST REALTORS , 715-479-1774. MiRealSource, Inc. mls logo

Property Type

Residential

Lot/Acreage
1.3

Year Built

1965

County

Gogebic

Area

Ironwood Twp (27005)

Neighborhood

Olcott Park Add

School District

Ironwood Area Schools

Listing ID

50206030

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Range/Oven, Refrigerator
Air Cond:Ceiling Fan(s)
Fireplaces:
Above Ground Sq Ft:858
Below Ground Sq Ft:0
Basement:Full
Other:
  • Additional:None (InteriorFeatures)
Water:Public Water

Exterior Features

Lot Dimensions:56628.0
Others:
  • Additional:None (ExteriorFeatures)
Sewer:Public Sanitary
Parking Features:Attached Garage
Principal Interest
$1,146
Taxes
$229

Home Price

$220,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$44,000
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:
$1,146.45

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,146.45 $229.42 $0.00 $1,375.87
Yearly $13,757.41 $2,753.00 $0.00 $16,510.41
Total $412,722.22 $82,590.00 $0.00 $495,312.22
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.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

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

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