Off market mar 2026 for $62K

$76,471

•

2,200

sq ft

137-141 Reiman Rd, Iron River, MI 49935

About this home

This duplex is beautifully located one mile from sunset lake and three miles from town. If you are looking for something you can put some TLC into and begin building your investment portfolio, this side-by-side duplex offers so much potential. Many new items have already been purchased and are just waiting to be installed. This multi-unit dwelling has new electric, furnace, drywall, new windows in one unit, and new windows, doors and more already purchased for the second unit. Absolutely a must see. Great income potential. Rare opportunity to own a duplex with a country setting. Units are both under construction.

Multi-familyProperty Type

1920Year Built

2 acresLot Size

$35Est. Price/Sq.Ft.

Listed by JILL ALBANYS • U.P. RIVERLAND REALTY

•906-265-9921 (broker)

•info@upriverland.com (broker)

Contact: Cell: 906-367-0960

Bought with RACHEL MARTIN • REDMAN REALTY GROUP, LLC

•715-891-6686 (broker)

•rachel@redmanrealtygroup.com (broker)

Redfin checked: a few seconds ago

•Source:MiRealSource-MiMLS #50193126

Redfin Estimate

$76,471

$14K since sold in March 2026$6,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 73.7% lower than the average sale price ($291K) of 6 comparable homes.

SOLD JUN 5, 2026
$197,600
A
4 beds1 bath2,210 sq ft
106 Rogers Ave, Iron River, MI 49935
SOLD AUG 6, 2026
$270,000
B
4 beds2 baths1,857 sq ft
1101 W Division St, Iron River, MI 49935
SOLD JUN 1, 2026
$196,000
C
3 beds2 baths1,452 sq ft
512 E 1st St, Caspian, MI 49915
SOLD SEP 23, 2026
$450,000
D
3 beds2.5 baths2,373 sq ft
140 Sunset Shores Rd, Iron River, MI 49935
SOLD JUN 23, 2026
$499,900
E
3 beds2 baths1,320 sq ft
141 Noren Rd, Iron River, MI 49935
SOLD JUL 23, 2026
$129,900
F
4 beds2 baths1,525 sq ft
209 W Railroad St, Caspian, MI 49915

Claim this home to receive a free report every month with insights on the changing estimate.

Market trends in 49935, MI

Last updated September 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-list price

93.7%

1.3% MoM

Median sale price

$153K

$18K MoM

Avg. days on market

72d

1 days MoM

Recently sold homes

4 MoM

New listings for sale

$59,000
2 beds1 bath1,223 sq ft
132 N Fifth St, Iron River, MI 49935
(906) 265-9921
See all

Provided by Redfin

Sale history for 137-141 Reiman Rd

Date

Event

Price

GNMLS #216449

Mar 20, 2026

Sold

$62,000

$28/sq ft

Oct 31, 2025

Listed

$84,500

$38/sq ft

MiRealSource-MiMLS #50193126

Mar 20, 2026

Sold

$62,000

$28/sq ft

Feb 26, 2026

Pending

—

Oct 31, 2025

Listed

$84,500

$38/sq ft

MiRealSource-MiMLS #50169081

Apr 28, 2025

Listing Removed

—

Mar 19, 2025

Listed

$115,000

$52/sq ft

MiRealSource-MiMLS #50118819

Jan 2, 2024

Sold

$20,000

$9/sq ft

Oct 31, 2023

Pending

—

Sep 28, 2023

Price Changed

$24,900

$11/sq ft

Aug 16, 2023

Price Changed

$31,200

$14/sq ft

Aug 14, 2023

Listed

$24,900

$11/sq ft

Aug 14, 2023

Listed

$31,000

$14/sq ft

Tax history for 137-141 Reiman Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

1.24 Acres

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Single Family Residential

County

Iron County

APN

001-020-019-00

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 15, 2026.

Property details

Parking

Parking/Garage Information
Parking: Unassigned/General

Interior

Interior Features
Has Basement

Bedroom Information
Bedroom 1 Floor Covering: Concrete

Bathroom Information
# of Bathrooms (Full): 2
# of Baths/Lavatories (Total): 2
Bath Descriptions: Other (See Remarks)

Dining/Kitchen Information
Dining/Kitchen: Eat-In Kitchen, Formal Dining Room

Laundry/Basement Information
Basement Type: Full

Exterior

Exterior Features
Exterior Construction: Vinyl Siding
Exterior Features: Deck
Foundation Type: Basement

Property Features
Water Features: None
Lake Name: none

Property Information
Property Type: Multi-Family
Property Type: Duplex, Fixer-Upper
Structure Style: 2 Story
Styles: Conventional Frame
Year Built: 1920

Lot Information
SHORELINE: Not Applicable
Lot Size: 12,541,783,417
Lot Description: Large Lot - 65+ Ft.
Land Contract Interest Rate: 7
Zoning: Residential

Land Information
Acreage: 2
Roads: City/County
Frontage: 208

Financial

Tax/Assessments Information
Taxable Value Year: 2025
Taxable Value: $2,023
Total Tax Year: 2025
Total Tax Amount: $2,046
Summer Tax Year: 2025
Summer Tax Amount: $1,461
Winter Tax Year: 2024
Winter Tax Amount: $585

Utilities

Utility Information
ELECTRIC: 100 Amp Service
UTILITIES: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Separate Heat: Yes
Water Heater: Gas
Water: Public Water
Separate Electric
Cooling System: None
Separate Gas
Fuel Type: Natural Gas
Separate Heat
Heating System: Forced Air
Sewer Septic: Public Sanitary

Location

Mult-Unit Information
# of Units (Total): 2

Unit 1 Information
Unit 1 Occupied Y/N: No
Bedroom 1 Level: Second
Bedroom 1 Dimensions:
Bedroom 2 Level: Second
Bedroom 2 Dimensions:
Bedroom 3 Level: Second
Bedroom 3 Dimensions:
Dining Room Level: First
Dining Room Dimensions:
Kitchen Level: First
Kitchen Dimensions:
Living Room Level: First
Living Room Dimensions:

Unit 2 Information
Bedroom 1 Level: Second
Bedroom 1 Dimensions: 14 x 10
Bedroom 2 Level: Second
Bedroom 2 Dimensions: 12 x 7
Bedroom 3 Level: Second
Bedroom 3 Dimensions: 9 x 7
Kitchen Level: First
Kitchen Dimensions: 13 x 14
Living Room Level: First
Living Room Dimensions: 19 x 14

School Information
School District: West Iron County School District
School District: West Iron County School District

Address Information
Street Designation: Road

Location Details
Directions: From Iron River, go E on US2 appox. 3 miles to Reiman Rd. Go left on Reiman rd. property less than a 1/4 mile on Left.
Municipality Type: Township
Municipality: Bates
Mail City: Iron River
Township: Bates Township
Subdivision: no
Municipality: Bates
Area (Municipality): Bates Twp (36003)

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 1.24 acres
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Iron County
APN: 001-020-019-00

Home facts updated by county records on Oct 15, 2026

Other

Listing Information
Originating MLS: Upper Peninsula Assoc of Realtor
No

Around this home

Schools

Stambaugh Elementary School

Public PreK-6 • Assigned • 2.9mi

4/10

West Iron County High School

Public 6-12 • Assigned • 3.0mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

1/10 Heat Factor

7 days above 91° expected this year, 13 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Iron River, MI • 49935

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.5 hours in June and 3 hours in December, placing it below the U.S. average for solar exposure.

9.5 hrs

3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$73,000 – $88,000

Sell confidently with a local market expert in Iron River. 3 minutes to get started.

Nearby similar homes

$45,000

Studio— baths3,797 sq ft

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3 beds1.5 baths1,550 sq ft

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5 beds3 baths2,000 sq ft

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6 beds2 baths2,053 sq ft

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9 beds6 baths5,400 sq ft

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New listings for sale in 49935

$59,000

2 beds1 bath1,223 sq ft

132 N Fifth St, Iron River, MI 49935

(906) 265-9921

Home values near 137-141 Reiman Rd

Data from public records.

Address	Redfin Estimate
217 Reiman Rd, Iron River, MI 3 Beds \| 1.5 Baths \| 836 Sq. Ft.	$199,014
132 Reiman Rd, Iron River, MI 1 Beds \| 1 Baths \| 500 Sq. Ft.	$74,552

Address	Redfin Estimate
111 Reiman Rd, Iron River, MI 2 Beds \| 1 Baths \| 950 Sq. Ft.	$112,191
108 Reiman Rd, Iron River, MI 4 Beds \| 1 Baths \| 1400 Sq. Ft.	$132,275

Address	Redfin Estimate
114 Reiman Rd, Iron River, MI 2 Beds \| 1 Baths \| 971 Sq. Ft.	$157,378
156 Reiman Rd, Iron River, MI 3 Beds \| 1.5 Baths \| 900 Sq. Ft.	$155,308

Property information provided by MiRealSource-MiMLS when last listed in 2025. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 49935, MI

Sale history for 137-141 Reiman Rd

Tax history for 137-141 Reiman Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 49935

Home values near 137-141 Reiman Rd

More real estate resources