Property photo 1
Property photo 2
16 Beds
8 Baths
7,182 sqft

$424,150

421 S Suffolk Street, Ironwood MI, 49938

Price per sqft$59.06
Built in1970
Property size7,182 sqft
Property typeCondominium

Overview

Active

Listed Jun 11, 2026

Updated 40h ago

Turnkey 8-Unit Apartment Investment with Garages & Prime Location This attractive investment package features eight well-maintained apartment units and eight garages, offering tenants convenience, privacy, and a desirable location close to recreation and downtown amenities. Each unit includes two bedrooms, one bathroom, a dedicated storage closet, and a private deck or patio overlooking a peaceful wooded area. Residents enjoy beautiful sunset views and a sense of seclusion that is rarely found this close to the city center. The building itself has a distinctive character, welcoming tenants with a unique split-level design and eye-catching architectural details, including stylish retro-inspired light fixtures that create a memorable first impression once you are in the doors. Additional amenities include coin-operated laundry facilities and dedicated garage spaces for each unit. Ownership currently covers water, sewer, garbage service, snow removal, and lawn care, while tenants pay their own electric service, which includes both electricity and heat, helping keep operating expenses manageable. Ideally situated across from the skate park, near multiple playgrounds, and just two blocks from the heart of downtown, this property offers convenient access to shopping, dining, entertainment, and community events. Combining strong tenant appeal, practical amenities, and an excellent location, this eight-unit property presents a compelling opportunity for investors seeking a stable and attractive multifamily asset.

$2,822/mo

Est. mortgage payment based on a $424,150 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
50211095

Interior Features

Bedrooms
16
Bathrooms
8
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.44 Acres

Other Property Details

Taxes
$7,859
Tax Frequency
Annually
Garage
Yes
MLS provider logo

Listed by ELLEN WYSSLING with THE REAL ESTATE STORE
Listing Contact: 906-364-0655 

Based on information originating from the MiRealSource as of 10/12/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

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Data last updated on 10/12/2026 at 10:34 PM UTC

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