Ironwood featuring 4 side-by-side residences. What makes this property especially unique is that all four residences are separately deeded and located on individual tax parcels, providing multiple potential investment strategies and exit options. The property includes three 2-bedroom, 1-bath residences, each with a private full basement with laundry hookups, attached 1-car garage, and dedicated driveway. The larger end residence offers 3 bedrooms, 1 bathroom, a private full basement with laundry hookups, detached 2-car garage, and additional storage shed. Property features include a newer roof, vinyl windows, updated flooring, exterior repainting completed approximately three years ago, public water and sewer, and solid mechanicals. Multiple potential investment strategies include continuing the property exploring conversion to vacation rentals, owner occupying one residence while renting the others, or potentially selling residences individually in the future. Situated on approximately 1.75 acres with ample parking. Located within easy driving distance of Big Powderhorn Mountain, Snowriver Mountain Resort, Copper Peak, Lake Superior, and extensive ATV and snowmobile trail systems. Four residences, four separate deeds, and multiple potential exit strategies.
Ironwood featuring 4 side-by-side residences. What makes this property especially unique is that all four residences are separately deeded and located on individual tax parcels, providing multiple potential investment strategies and exit options. The property includes three 2-bedroom, 1-bath residences, each with a private full basement with laundry hookups, attached 1-car garage, and dedicated driveway. The larger end residence offers 3 bedrooms, 1 bathroom, a private full basement with laundry hookups, detached 2-car garage, and additional storage shed. Property features include a newer roof, vinyl windows, updated flooring, exterior repainting completed approximately three years ago, public water and sewer, and solid mechanicals. Multiple potential investment strategies include continuing the property exploring conversion to vacation rentals, owner occupying one residence while renting the others, or potentially selling residences individually in the future. Situated on approximately 1.75 acres with ample parking. Located within easy driving distance of Big Powderhorn Mountain, Snowriver Mountain Resort, Copper Peak, Lake Superior, and extensive ATV and snowmobile trail systems. Four residences, four separate deeds, and multiple potential exit strategies.
MiRealSource-MiMLS #50214401
Jul 28, 2026
Price Changed
$334,990
$138/sq ft
Jul 10, 2026
Listed
$348,990
$143/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$629
Public record
Beds
—
Baths
—
Stories
1.5
Lot width
115 ft.
Lot depth
197 ft.
Lot size
0.43 Acres
Year renovated
—
Finished Sq. Ft.
570
Unfinished Sq. Ft.
—
Total Sq. Ft.
570
Year built
1937
Style
Single Family Residential
County
Gogebic County
APN
03-08-002-000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
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 89° 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
Ironwood, MI • 49938
Average low and high temperatures (°F)
17
3
26
9
40
21
50
30
65
41
74
53
78
57
74
55
72
51
60
40
40
27
24
12
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
99/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 19% for direct sun exposure in Ironwood. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.3 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5216 E Sunset Rd
$314,673
$20K under list price of $335K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $210K to $438K.