About This Home

This 2-bedroom, 1-bathroom single family at 412 4th 1/2 Alley in Iron Mountain, MI is listed for $7,500 ($7 per sqft). Built in 1887, the home offers 1,137 sqft of living space on a 0.08 acres lot.

Key Features

  • Built in 1887
  • 0.08 acre lot
  • 2 stories

Property Details

2 stories
1 full
1887
Listing Description

Tucked between 4th and 5th Street this classic 1 1/2-story home is a budget-friendly opportunity for the buyer looking for a project, rental potential, or a simple in-town place to make their own. Inside you'll find 2 bedrooms and 1 full bath, including a living room, formal dining space, and the convenience of a main-floor bedroom and full bath.

A partial stone basement provides additional storage and utility space. Set on an alley lot measuring approximately 40x92.5, the property offers a nice-size yard area for outdoor space, pets, or future improvements-all in a central in-town location.

Monthly Cost Estimate

$40/mo

20% down · 6.5% · 30 years

Principal$5
Interest$33
Insurance$2

Estimates only. Actual payments may vary.

Location

412 4th 1/2 Alley

Iron Mountain, MI 49801

Features & Amenities

Interior Features

Cable/Internet Avail.

Exterior Features

None (ExteriorFeatures)

Property Details

Heating

Forced Air

Appliances

None (Appliances)

Questions & Answers

This 2-bedroom, 1-bathroom single family at 412 4th 1/2 Alley is listed at $7,500 ($7/sqft). The estimated monthly payment is $40 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1887, 0.08 acre lot, 2 stories. Interior Features: Cable/Internet Avail.. Exterior Features: None (ExteriorFeatures).

This property is listed by CRAIG HEINONEN.

CH

CRAIG HEINONEN

Agent at COLDWELL BANKER SCHMIDT REALTORS

Listed by COLDWELL BANKER SCHMIDT REALTORS · Broker phone: 906 2255992 · View on Broker Site

MLS# 50199832· Source: Upper Peninsula Association of Realtors· 253 days on PropertySimple

Copyright © 2026 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

412 4th 1/2 Alley, Iron Mountain, MI 49801

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