For sale

$225,000

1305 W B St, Iron Mountain, MI 49801

5beds

2,120sqft

$1,819/mo

Get pre-qualified

Multi Family

Built in 1924

-- sqft lot

$189,100 Zestimate^®

$106/sqft

$-- HOA

What's special

Fruit treesBasement storageFenced-in gardenHardwood floorsWalk-in closetsLots of natural lightSituated on three lots

Attention landlords: This duplex with many charming details and an excellent rental history is a great investment property to add to your portfolio! Both units have been recently repainted and have newer appliances, plus the entire exterior has been recently repainted. The 3 bedroom, 1.5 bath first floor unit offers hardwood floors and a back entry that could double as office space. The 2 bedroom, 1 bath second floor unit offers walk-in closets and lots of natural light. Both units include basement storage, washer/dryer access, and their own 1-car garage space plus an extra garage space for owner use/storage. Situated on three lots with fruit trees, fenced-in garden, and two patios, it's also close to City Park and the stadium.

469 days
328
10

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Bathroom

Features: First Flr Bath Lav/Half

Kitchen

Features: Eat-in Kitchen

Heating

Hot Water

Appliances

Included: Dryer, Microwave, Range/Oven, Refrigerator, Washer, Gas Water Heater

Features

Walk-In Closet(s)
Flooring: Hardwood
Basement: Full
Has fireplace: No

Interior area

Total structure area: 2,120
Total interior livable area: 2,120 sqft

Property

Parking

Total spaces: 3
Parking features: Garage, Detached
Garage spaces: 3

Features

Levels: Two
Stories: 2
Patio & porch: Patio, Porch
Exterior features: Sidewalks, Balcony
Waterfront features: None
Frontage length: 126

Lot

Size: 0.38 Acres
Dimensions: 126 x 132
Features: Large Lot - 65+ Ft.

Details

Additional structures: Shed(s), Second Garage
Parcel number: 05110296900
Zoning: Res
Zoning description: Residential
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Conventional Frame
Property subtype: Multi Family

Materials

Aluminum Siding
Foundation: Basement

Condition

Year built: 1924

Utilities & green energy

Gas: Natural Gas
Sewer: Public Sanitary
Water: Public
Utilities for property: Cable/Internet Avail., Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Community & HOA

Community

Subdivision: N/A

Location

Region: Iron Mountain

Financial & listing details

Price per square foot: $106/sqft
Tax assessed value: $144,400
Annual tax amount: $2,972
Date on market: 7/8/2025
Cumulative days on market: 470 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Ownership type: LLC
Total actual rent: 2225

Estimated market value

$189,100

$166,000 - $214,000

$1,095/mo

Price history

Date	Event	Price
7/8/2025	Listed for sale	$225,000+143.2%$106/sqft
Source: Upper Peninsula AOR #50180917 Report a problem
6/2/2018	Sold	$92,500-7.4%$44/sqft
Source: Agent Provided Report a problem
5/1/2018	Pending sale	$99,900$47/sqft
Source: LEEDS REAL ESTATE #1107379 Report a problem
4/19/2018	Listed for sale	$99,900-23%$47/sqft
Source: LEEDS REAL ESTATE #1107379 Report a problem
7/28/2017	Price change	$129,800-3.9%$61/sqft
Source: SUPERIOR REALTY #1101800 Report a problem
5/24/2017	Listed for sale	$135,000$64/sqft
Source: SUPERIOR REALTY #1101800 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$3,028 +2.9%	$72,200 +7.6%
2025	$2,943 +5.7%	$67,100 +6.5%
2024	$2,784 +5%	$63,000 +25.5%
2023	$2,651 +3.3%	$50,200 +7%
2022	$2,567	$46,900 +11.4%
2021	--	$42,100 +3.7%
2020	$1,904	$40,600 +6%
2019	--	$38,300
2018	--	$38,300 +5.2%
2017	--	$36,400 +8.7%
2016	--	$33,500
2014	--	$33,500