About This Home

This 2-bedroom, 1-bathroom single family at 4908 Margaret Street in Ironwood, MI is listed for $220,000 ($256 per sqft). Built in 1965, the home offers 858 sqft of living space on a 1.30 acres lot.

Key Features

  • Built in 1965
  • 1.30 acre lot

Property Details

1 story
1 full
2-car garage
1965
Listing Description

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 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. BUYER TO VERIFY ALL MEASUREMENTS, ZONING, AND TAX INFO.

Monthly Cost Estimate

$1,177/mo

20% down · 6.5% · 30 years

Principal$159
Interest$953
Insurance$64

Estimates only. Actual payments may vary.

Location

4908 Margaret Street

Ironwood, MI 49938

Olcott Park Add

Features & Amenities

Interior Features

None (InteriorFeatures)

Exterior Features

None (ExteriorFeatures)

Property Details

Heating

Electric (Heating)Baseboard

Cooling

Ceiling Fan(s)

Appliances

Range/OvenRefrigerator

Questions & Answers

This 2-bedroom, 1-bathroom single family at 4908 Margaret Street is listed at $220,000 ($256/sqft). The estimated monthly payment is $1,176 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1965, 1.30 acre lot. Interior Features: None (InteriorFeatures). Exterior Features: None (ExteriorFeatures).

This property is listed by TIMOTHY RILEY.

TR

TIMOTHY RILEY

Agent at COLDWELL BANKER MULLEADY

Listed by COLDWELL BANKER MULLEADY · Broker phone: 7154791774 · View on Broker Site

MLS# 50206030· Source: Upper Peninsula Association of Realtors· 183 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.

4908 Margaret Street, Ironwood, MI 49938

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