Address
4908 Margaret Street, Ironwood, MI
Price
$ 220,000
Property Attributes
- MLS#50206030
- TypeSingle Family
- Listing Status Active
- CountyGOGEBIC
- CityIronwood
- AreaIronwood Twp
- NeighborhoodOlcott Park Add
- Zip49938
- StyleRanch
- Year Built1965
- Taxes$ 2753
- Price$ 220,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage858
- Lot Size1.3 Acres
Data Source:
Bay County REALTOR® Association
Property 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.
| Price History | |
|---|---|
| 5/1/2026 | Listed $290,000 |
| 7/1/2026 | 25$220,000 |
General Features
| Heating | Baseboard,Electric Heat |
|---|---|
| Kitchen Level | First |
| Cooling | Ceiling Fan(s) |
| Possession | At Close |
| Garage | Attached Garage |
| Water | Public Water |
| Appliances | Range/Oven,Refrigerator |
| Full Baths | 1 |
| Bathrooms | 1 |
| Year Built | 1965 |
| Subdivision | Olcott Park Add |
| Water Heater | Electric |
| Style | Ranch |
| County | Gogebic |
| Class | RESIDENTIAL |
| Type | Single Family |
| Ownership | Private |
| Associated Document Count | 5 |
| Status | Active |
| Subdivision | MI |
| Sale/Rent | For Sale |
| Utilities | Electricity Connected,Natural Gas Connected,Water Connected,Internet Spectrum |
| Manufactured Y/N | No |
| Structure Style | 1 Story |
| Subj to Short Sale Apprvl | No |
| Primary City | Ironwood |
| Directions | From Hwy W to North on Hwy 51 to Hwy 2 Right on Hwy 2,turn left on Greenbush St. Sign on property. |
| City | Ironwood |
| School District | Ironwood Area Schools |
| Lease Y/N | No |
| Originating MLS | Upper Peninsula Assoc of Realtors |
| Financial Terms | Cash |
| Legal Description | Sec. 15 T47N R47W MAP NO. P37 LOTS 1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17 &18,BLOCK 2. OLCOTT PARK ADDITION. AND PART MARQUETTE ST. ADJACENT TO LOT 1,11 AND 12 WHICH WAS VACATED BY 454/806 486/130 |
| DOM | 142 |
| Postal Code | 49938 |
| Price Per Sq Ft Total AG | 256.41 |
| Public Remarks | 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-c |
Interior Features
| Interior Amenities | None (InteriorFeatures) |
|---|---|
| Dining Room Level | First |
| Living Room Level | First |
| Basement | Full |
| Bedroom 1 Level | First |
| Kitchen Length | 14 |
| Living Room Length | 18 |
| Bedroom 2 Width | 6 |
| Dining Room Width | 9 |
| Bedroom 2 Length | 10 |
| Living Room Width | 11 |
| Dining Room Length | 11 |
| Kitchen Width | 11 |
| Beds | 2 |
| Fireplace? | No |
| Bedroom 1 Length | 14 |
| Bedroom 1 Width | 11 |
| Above Grade SqFt | 858 |
| Basement Y/N | Yes |
| Total SqFt Finished | 858 |
Exterior Features
| Exterior | Wood |
|---|---|
| Exterior Amenities | None (ExteriorFeatures) |
| Frontage | 573 |
| Lot Size Area | 1.3 |
| Pool (Y/N) | No |
| Lot Dimensions | 56628.0 |
| OUT BUILDINGS | Barn |
| Garage # of Car | 2 |
| Water Features | None |
| Roads | Paved Street,Year Round |
| FOUNDATION TYPE | Basement |
| SEWER/SEPTIC | Public Sanitary |
| Waterfront Y/N | No |
| Garage Y/N | Yes |
| Frontage Type | Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 49938
Price
Taxes
Year Built
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Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary
Bay County REALTOR® Association All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
