Listing provided courtesy of STEPHENS REAL ESTATE-IRON RIVER- MLS# 50212665MLS ProviderContact Information: Main: 906-265-7325

28 N 5th AvenueIron River, MI 49935

Single Family · 2 Beds · 1 Full Bath · 1,950 Sq. ft. | 0.16 Acres
$59,000 Active

28 N 5th Avenue Overview

Time on Site:
5 days
Visits:
3

Attention investors, landlords, flippers, and handyman homeowners! Properties at this price point within walking distance of the vibrant downtown are a rare find, and this diamond in the rough home is bursting with untapped potential. The highly functional main level features 2 bedrooms and a classic Jack-and-Jill bath, offering dual entries for ensuite privacy and seamless accessibility. This property's true crown jewel lies just upstairs, where an expansive, unfinished upper level awaits your vision to easily transform this property into a spacious 4 bedroom, 2 bath home. Complete with a 1-car detached garage that is ready for some TLC, this project is the perfect opportunity to build massive equity—bring your tools and your vision before it is gone!

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28 N 5th Avenue Facts & Features

  • Type Single Family
  • Sq. ft. 1,950
  • Price/Sq.ft. $30
  • Lot 0.16 Acres

Details

General

Association/HOA

  • Association: No

Building Information

  • Year Built: 1925

Location/Region

  • County Or Parish: Iron
  • MLS Area Minor: Iron River (36010)
  • Municipality: Iron River
  • Subdivision Name: N/A

Parking Information

  • GARAGE TYPE: Detached Garage

Tax Information

  • Summer Tax: 732.08
  • Summer Tax Year: 2025
  • Tax Annual Amount: $908.40
  • Tax Year: 2025
  • Winter Tax: 176.32
  • Winter Tax Year: 2025

General Information

  • HEAT/FUEL TYPE: Natural Gas
  • Manufactured: No
  • Ownership: Private
  • Property Sub Type: Single Family
  • Property Type: RESIDENTIAL
  • Site Condo: No
  • Special Listing Conditions: Standard

Interior

Building Information

  • Below Grade SqFt: 975

Parking Information

  • Garage Spaces: 1
  • Garage: Yes

Beds/Baths

  • Bathroom 1 Length: 7
  • Bathroom 1 Level: First
  • Bathroom 1 Width: 6
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 2
  • Bedroom 1 Length: 11
  • Bedroom 1 Level: First
  • Bedroom 1 Width: 10
  • Bedroom 2 Length: 11
  • Bedroom 2 Level: First
  • Bedroom 2 Width: 10

Building Interior

  • Above Grade Finished Area: 1950
  • Below Grade Finished Area: 0
  • WATER HEATER: Gas

General Information

  • Appliances: Dryer, Range/Oven, Refrigerator
  • Cooling: None
  • Fireplace: No
  • Fireplaces Total: 0
  • Foundation Details: Basement
  • Heating: Forced Air
  • Interior Features: Hardwood Floors, Walk-In Closet
  • Living Area: 1950

Room Information

  • Kitchen Length: 14
  • Kitchen Level: First
  • Kitchen Width: 13
  • Living Room Length: 14
  • Living Room Level: First
  • Living Room Width: 26

Exterior

Lot Information

  • Frontage Length: 50
  • Frontage Type: Road
  • Lot Size: 50x140
  • Lot Size Acres: 0.16
  • Road Surface Type: City/County
  • Water Source: Public Water

Waterfront/View

  • Waterfront Features: None
  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: 2 Story
  • Construction Materials: Asphalt

General Information

  • Exterior Features: None (ExteriorFeatures)
  • Other Structures: None (OtherStructures)
  • Pool Private: No
  • Sewer: Public Sanitary
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected

28 N 5th Avenue Neighborhood

Community

49935 (IRON RIVER) Demographics

52
Median Age
12
Population Density (per sq. mile)
30%
College Educated
$44,009
Estimated Median Income
2,074
Estimated Total Home Owners
632
Estimated Total Renters
77% / 23%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

28 N 5th Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

28 N 5th Avenue Market Data

Based on the last 30 days in this zip code

$296,606
Average List Price
$160
Average Price per Square Foot
17
Properties Sold
93
Average Days on Market
143
Properties for Sale
Calculations provided by Reliance Network

28 N 5th Avenue History

Date Event Value Agent
6/24/2026Source: Upper Peninsula MLS Added to Database
June 24, 2026