

421 S Suffolk StreetIronwood, MI 49938
Multi-Family · 16 Beds · 8 Full Baths · 7,182 Sq. ft. | 1.44 Acres421 S Suffolk Street Overview
- Time on Site:
- 18 days
- Visits:
- 8
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.
421 S Suffolk Street Facts & Features
- Type Multi-Family
- Sq. ft. 7,182
- Price/Sq.ft. $69
- Lot 1.44 Acres
Details
General
Building Information
- Separate Electric: Yes
- Separate Gas: No
- Separate Heat: Yes
- Separate Water: No
- Year Built: 1970
Location/Region
- County Or Parish: Gogebic
- LOCATION: Main Street
- MLS Area Minor: Ironwood (27006)
- Municipality: Ironwood
- Subdivision Name: None
Parking Information
- GARAGE TYPE: Detached Garage
Tax Information
- Summer Tax: 7242.76
- Summer Tax Year: 2025
- Tax Annual Amount: $7,859.02
- Tax Year: 2025
- Winter Tax: 616.26
- Winter Tax Year: 2025
General Information
- FUEL TYPE: Electric
- Ownership: Corporation
- Property Sub Type: Apartment
- Property Type: MULTIFAMILY
- Special Listing Conditions: Standard
- STYLES: Split Level
- Zoning: Residential
Interior
Parking Information
- Garage Spaces: 8
Beds/Baths
- Bathrooms Full: 8
- Bathrooms Partial: 0
- Bathrooms Total: 8
- Bedrooms Total: 16
Building Interior
- WATER HEATER: Electric
General Information
- Appliances: Dryer, Range/Oven, Refrigerator, Washer
- Basement: No
- Cooling: Ceiling Fan(s), Wall/Window A/C
- Electric: 200+ Amp Service, Circuit Breakers
- Fireplace: No
- Foundation Details: Slab
- Heating: Baseboard, Electric Heat
- Interior Features: Cathedral/Vaulted Ceiling, DSL Available, Walk-In Closet
- Living Area: 7182
- Living Area Source: Assessors Data
Exterior
Parking Information
- Parking Features: 3 or More Spaces, Garage, Unassigned/General
Lot Information
- Lot Features: Cleared, Sloping, Treed
- Lot Size Acres: 1.44
- Lot Size Area: 447x140
- Water Source: Public Water
Waterfront/View
- Waterfront Features: None
- Waterfront: No
Building Exterior/Construction
- Architectural Style: Bi-Level
- Construction Materials: Brick, Wood
- ROADS: City/County, Paved Street, Year Round
General Information
- Exterior Features: Deck, Storms/Screens, Street Lights, Exterior Balcony, Garden Area
- Sewer: Public Sanitary
- Utilities: Cable Connected, Electricity Connected, Natural Gas Available, Phone Available, Phone Connected, Sewer Connected, Water Connected, Hard Lined Internet, Internet Spectrum
421 S Suffolk Street Neighborhood
Community
49938 (Ironwood) Demographics
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.421 S Suffolk Street Monthly Cost
421 S Suffolk Street Market Data
Based on the last 30 days in this zip code
421 S Suffolk Street History
| Date | Value | Agent |
|---|---|---|
| 6/11/2026Source: Upper Peninsula MLS | June 11, 2026 |
|
| 6/3/2026Source: Upper Peninsula MLS | June 03, 2026 |

