For sale

Price cut: $70K (7/1)

$220,000

E4908 E Margaret St, Ironwood, MI 49938

2beds

858sqft

$1,501/mo

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Single Family Residence

Built in 1965

2.2 Acres Lot

$-- Zestimate^®

$256/sqft

$-- HOA

What's special

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 and Copper Peak 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.

105 days

320

17

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Bedroom

Level: First
Dimensions: 14x11

Bedroom

Level: First
Dimensions: 10x6

Bathroom

Level: First

Dining room

Level: First
Dimensions: 11x9

Kitchen

Level: First
Dimensions: 14'6x11

Living room

Level: First
Dimensions: 18x11

Heating

Electric, Natural Gas, Other

Appliances

Included: Electric Oven, Electric Range, Electric Water Heater, Refrigerator

Features

Ceiling Fan(s), Other
Flooring: Vinyl
Basement: Full
Attic: Other
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 858
Total interior livable area: 858 sqft
Finished area above ground: 858
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Garage, Two Car Garage, Storage
Garage spaces: 2

Features

Levels: One
Stories: 1
Frontage length: 0,0

Lot

Size: 2.2 Acres
Features: Level

Details

Additional structures: Barn(s)
Parcel number: 0307000500
Zoning description: Residential

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch,One Story
Property subtype: Single Family Residence

Materials

Frame, Concrete, Wood Siding
Foundation: Poured
Roof: Composition,Shingle

Condition

Year built: 1965

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Shopping, Skiing
Subdivision: Olcott Park Add

Location

Region: Ironwood

Financial & listing details

Price per square foot: $256/sqft
Annual tax amount: $2,753
Date on market: 5/1/2026
Ownership: Fee Simple
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/1/2026	Price change	$220,000-24.1%$256/sqft
Source: GNMLS #216754 Report a problem
5/1/2026	Listed for sale	$290,000-25.6%$338/sqft
Source: GNMLS #216754 Report a problem
10/18/2025	Listing removed	$390,000$455/sqft
Source: GNMLS #209528 Report a problem
10/18/2024	Listed for sale	$390,000$455/sqft
Source: GNMLS #209528 Report a problem