For Sale
Photo 1 of House for sale at 421 S Suffolk St, Ironwood, MI 49938 | MLS# 50211095 | Listing updated on 2026-08-24
Photo 2 of House for sale at 421 S Suffolk St, Ironwood, MI 49938 | MLS# 50211095 | Listing updated on 2026-08-24
2+
Beds Icon

Street View

$424,150

Monthly Est:$2,111

  • Beds Icon16 Beds
  • Beds Icon
    8 Baths
  • Beds Icon7,182sqft

421 S Suffolk St, Ironwood, MI 49938

$2,111/moEst:

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  • Apartment

  • Built in 1970

  • $-- HOA

  • 1.44 acres lot

  • $59/sq.ft

Description

Turnkey 8-Unit Apartment Investment with Garages & Prime Location This attractive investment package features eight well-maintained apartment units and eight garages, offering tenants convenience, privacy, and a desirable location close to recreation and downtown amenities. Each unit includes two bedrooms, one bathroom, a dedicated storage closet, and a private deck or patio overlooking a peaceful wooded area. Residents enjoy beautiful sunset views and a sense of seclusion that is rarely found this close to the city center. The building itself has a distinctive character, welcoming tenants with a unique split-level design and eye-catching architectural details, including stylish retro-inspired light fixtures that create a memorable first impression once you are in the doors. Additional amenities include coin-operated laundry facilities and dedicated garage spaces for each unit. Ownership currently covers water, sewer, garbage service, snow removal, and lawn care, while tenants pay their own electric service, which includes both electricity and heat, helping keep operating expenses manageable. Ideally situated across from the skate park, near multiple playgrounds, and just two blocks from the heart of downtown, this property offers convenient access to shopping, dining, entertainment, and community events. Combining strong tenant appeal, practical amenities, and an excellent location, this eight-unit property presents a compelling opportunity for investors seeking a stable and attractive multifamily asset.

  • Houzeo last checked: 1 hour ago
  • Listing updated: August 24, 2026 at 8:53 pm
  • Listing Provided by: ELLEN WYSSLING (906) 364-0655 DRE #6502365975 | THE REAL ESTATE STORE (906) 932-5406
  • Source: MiRealSource MLS-MI | MLS#: 50211095 MiRealSource MLS-MI

Part of

Building
421 S Suffolk St
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Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Gogebic County

  • City

    Ironwood

  • Neighborhood

    --

  • Year Built

    1970

  • HOA Fees

    -

  • Finished Area

    7,182 sqft

  • Lot Size

    1.44 acres lot

  • Basement Area

    - sqft

  • MLS Name

    MiRealSource MLS

  • MLS Number

    50211095

  • MLS Status

    Active

  • Days on Market

    118

  • Cumulative Days on Market

    83

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 16

    Bathrooms: 8

Interior

  • Sewer

    Public Sanitary

  • Cooling

    Ceiling Fan(s), Wall/window Unit(s)

  • Heating

    Baseboard, Electric

  • Appliances

    Dryer, Range/oven, Refrigerator, Washer, Electric Water Heater

  • Exterior Features

    Street Lights, Balcony

  • Window Features

    Storms/screens

  • Interior Features

    Cathedral/vaulted Ceiling, Dsl Available, Walk In Closet(s)

Construction

  • Year Built

    Year Built: 1970

  • Home type

    Apartment

  • Foundation Details

    Slab

  • Construction Materials

    Brick, Wood Siding

Utilities & Energy

  • Water Source

    Public

  • Parking Features

    3 Or More Spaces, Garage, Unassigned

Other Features

  • Subdivision Name

    None

  • Patio And Porch Features

    Deck

  • Lot Features

    Main Street, Cleared, Sloped, Treed

Price History

DateEventPrice

08/24/2026

Source: mls_logoMiRealSource MLS-MI #50210051

Price Decreased

$424,150 -15.00%

$59/sqft

06/03/2026

Source: mls_logoMiRealSource MLS-MI #50210051

Listed for Sale

$499,000

$69/sqft

Nearby Homes

Based on information from MiRealSource through Oct 08, 2026, 11:00AM . All information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Provided through IDX via MiRealSource, Inc. Courtesy of MiRealSource Shareholder. © 2026 MiRealSource. All Rights Reserved.

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