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Off market
  • $85,500

    223 Diamond St, Iron River, MI 49935

    --beds
    0baths
    --sqft
    MultiFamily
    Built in 1940
    -- sqft lot
    $85,500 Zestimate®
    $--/sqft
    $1,054 Estimated rent

    Home value

    $85,500

    $69,000 - $103,000

    $1,054/mo

    Zestimate® history
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    Owner options

    List your home for rent

    $1,054/mo

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    $1,054/mo

    Rent Zestimate®

    Refinance and save

    $464/mo

    Est. payment

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    $464/mo

    Est. payment

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    What's special

    Perfect investment opportunity!!! All four units are rented. Great location, close to school and other amenities. The well planned apartments make them feel spacious, and each one has their own deck or balcony to relax on. Average annual income at current rents totals ~$21,600. Annual fixed expenses ~$6459 which includes the following monthly amounts paid by owner: Heat $150, Water $200, Insurance $60 and $128 property taxes. If you are looking for a rental income property that works, this is it!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced air

    Property

    Lot
    • Size: 5,227 sqft
    Details
    • Parcel number: 05511402600

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1940

    Community & neighborhood

    Location
    • Region: Iron River

    Price history

    DateEventPrice
    11/16/2018Sold$42,000-20.6%
    Source: Agent Provided Report a problem
    10/1/2018Pending sale$52,900
    Source: RE/MAX NORTH COUNTRY #1108199 Report a problem
    9/5/2018Price change$52,900-3.6%
    Source: RE/MAX NORTH COUNTRY #1108199 Report a problem
    8/7/2018Price change$54,900-8.3%
    Source: RE/MAX NORTH COUNTRY #1108199 Report a problem
    8/3/2018Listed for sale$59,900
    Source: RE/MAX NORTH COUNTRY #1108199 Report a problem
    7/25/2018Pending sale$59,900
    Source: RE/MAX NORTH COUNTRY #1108199 Report a problem
    7/13/2018Price change$59,900-7.1%
    Source: RE/MAX NORTH COUNTRY #1108199 Report a problem
    7/1/2018Listed for sale$64,500+51.8%
    Source: RE/MAX NORTH COUNTRY #1108199 Report a problem
    9/18/2015Sold$42,500
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,610 +5%$35,670 +18.1%
    2023$1,534 +3.1%$30,210 +9.1%
    2022$1,488 +281.3%$27,700 +14.9%
    2021$390 $24,098
    2020$390 +20.1%$24,098 +2.5%
    2019$325 -88.1%$23,504 -7.2%
    2017$2,722 $25,337 +1.4%
    2016-- $24,991 -5.2%
    2015-- $26,350 +4.7%
    2014-- $25,160 -2.5%
    2013-- $25,800
    2012$1,359 +1.4%$25,800
    2011$1,340 $25,800

    Find assessor info on the county website

    Neighborhood: 49935

    Nearby schools

    GreatSchools rating
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