Fantastic investment! 10 units, eight rented and two under construction to be brand new. 11 garage spaces are included. There are two buildings, one with four units and the other building has 6 units. The second building had 7 units but a conversion was done to create a three bedroom apartment. Nice Common area outside for gathering. Great Location.
Contingent
$299,000
205 & 207 E Vaughn St, Ironwood, MI 49938
12beds
4,942sqft
:
Get pre-qualified$2,040/mo
Multi Family
Built in 1986
-- sqft lot
$283,700 Zestimate®
$61/sqft
$-- HOA
What's special
Three bedroom apartment
- 64 days |
- 124 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
WENDY ROUTHEAUX 906-285-0849,
SILVER PROPERTIES-EXP REALTY 906-932-1200
Source: MiRealSource,MLS#: 50210729
Originating MLS: Upper Peninsula Assoc of Realtors
Originating MLS: Upper Peninsula Assoc of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 11
- Full bathrooms: 11
Heating
- Forced Air
Appliances
- Included: Dryer, Freezer, Microwave, Range/Oven, Refrigerator, Washer, Gas Water Heater
Features
- Basement: Partial,Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 4,942
- Total interior livable area: 4,942 sqft
Property
Parking
- Total spaces: 11
- Parking features: Garage, Attached
- Attached garage spaces: 11
Features
- Waterfront features: None
- Frontage length: 140
Lot
- Size: 0.25 Acres
- Dimensions: 120 x 140
- Features: Large Lot - 65+ Ft., Corner Lot
Details
- Parcel number: 5222408110 5222408120
- Zoning description: Multi-Family
- Special conditions: Private,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Stone, Vinyl Trim, Wood Siding
- Foundation: Basement, Slab
Condition
- Year built: 1986
Utilities & green energy
- Sewer: Public At Street
- Water: Public Water at Street
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Downtown
HOA
- Has HOA: Yes
- Services included: Maintenance Structure, Maintenance Grounds
Location
- Region: Ironwood
Financial & listing details
- Price per square foot: $61/sqft
- Annual tax amount: $4,328
- Date on market: 6/9/2026
- Cumulative days on market: 65 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Total actual rent: 3575
Estimated market value
$283,700
$267,000 - $298,000
$889/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/21/2026 | Contingent | $299,000$61/sqft |
Source:  MiRealSource #50210729 Report a problem | ||
| 6/9/2026 | Listed for sale | $299,000$61/sqft |
Source: MiRealSource #50210729 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 49938
Nearby schools
GreatSchools rating
- 7/10Luther L. Wright K-12 SchoolGrades: PK-12Distance: 0.5 mi
Schools provided by the listing agent
- District: Ironwood Area Schools
Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
