2 days on Rocket
#50180827, TRACY AMUNDSON, Listing office: ZAK'S REALTY
$140,000 List price
402 N Albany St Ironwood, MI 49938
5 beds
2 full
1,972 sqft
0.2 acres
$71 / sqft
House
Property details
About 402 N Albany St
Investment or Owner-Occupant Opportunity! Don’t miss this opportunity to own a large, two-story home with potential! This versatile property currently features two separate units with private entrances, making it ideal for owner-occupants, investors, or multi-generational living. Interior staircase allows for a seamless transition for a single or multi family home. Unit 1 (Main Floor) offers 2bedrooms, 1 full bath, a cozy enclosed front porch, and an eat-in kitchen. Unit 2 (Upper Level) includes 3 bedrooms, 1 bath, a bonusroom ideal for a home office, craft room, playroom and an updated kitchen with new cabinets/butcher block counters. Several updates have been done along with new electrical panels. A unique bonus space – the property includes a former neighborhood grocery store that’s been gutted and is ready for your vision! Use it as a workshop, garage, studio, home office, or convert it into additional livingspace. There’s also a large deck and a one-car attached garage. Set on a corner lot in a friendly, quiet neighborhood with new roads andsidewalks, the property is just minutes from walking and motorized trails and close to downtown and the Wisconsin border, offering easy access for outdoor recreation. Whether you’re looking for a dual rental income property, a spacious single-family conversion, or a place to live and work, this home may check those boxes!
Highlights
Home typeSingle Family Residence
HeatingNatural Gas, Steam, Radiant
StatusActive
Size1,972 sqft
BasementYes
Lot size0.2 Acres
Year built1895
ParkingGarage
MLS #50181009
Attached garage1 space
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Dryer, Microwave, Range, Oven, Refrigerator, Washer
- Basement: Yes
- Interior: Hardwood Floors
- Total Bedroom Count: 5
- Garage Space: 1 space
- Attached Garage: Yes
- Private Pool: No
- Parking: Garage
- Waterfront: None
- Exterior: Deck, Porch, Sidewalks
- Heating: Natural Gas, Steam, Radiant
- Cooling: None
- List Price: $140,000
- Price/SqFt: $70
- Annual Tax Amount: $1,888
- Tax Year: 2024
- Directions: From Bessemer US2 West to South on Lawrence St to Right on Albany St to home on Right.
- Year Built: 1895
- Stories: 2
- Living Area: 1,972 SqFt
- School District: Ironwood Area Schools
- Lot Size: 0.2 Acres
- MLS Number: 50181009
- MLS Name: Upper Peninsula Assoc of Realtors
- Office Name: FIRST WEBER, INC
- Office Phone: (906) 667-6366
- Listing Agent: GAYLE COLASSACO
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.
Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/9/2025, 10:45:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $47,376 | $1,888 |
| 2023 | $41,196 | $- |
| 2022 | $37,320 | $- |
| 2021 | $36,184 | $- |
| 2020 | $34,277 | $- |
| 2019 | $35,959 | $- |
| 2017 | $34,450 | $- |
History based on county public records data.
Nearby schools
7
Hurley Elementary School
Public District PK-5
1.3 mi
•5503 W Range View Dr
5
Washington School
Public District KG-6
6.3 mi
•301 E Sellar St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $23,676. The majority of Ironwood, MI residents have income less than $<35k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
61%
<35k
30%
35k-100k
7%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
56%
Single, No Kids
11%
Single, with Kids
23%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
6%
12-17 yrs old
25%
18-34 yrs old
39%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Pro Wrestling
NASCAR
Where do the neighbors shop?
Kmart
Wal-Mart
Dollar General
Where do the neighbors go to eat?
Bob Evans
Sonic
Cracker Barrel
What do the neighbors drive?
Buick
Oldsmobile
Ram
What do the neighbors listen to?
Oldies- Contemporary Inspirational
Classic Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 402 N Albany St
The listing price of 402 N Albany St property is $140,000.
The property 402 N Albany St is a house located in Ironwood, Michigan, 49938.
Active Listing: 402 N Albany St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 402 N Albany St are: Hurley Elementary School (GreatSchools Rating 7/10), Washington School (GreatSchools Rating 5/10), North Lakeland Elementary School (GreatSchools Rating 9/10), Chequamegon Middle School (GreatSchools Rating 6/10), Gogebic County Community Education (GreatSchools Rating 4/10), Luther L Wright K12 School (GreatSchools Rating 5/10), Hurley High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $1,888 (source: MLS/based on county public records data).
The property at 402 N Albany St has 5 bedrooms and 2 bathrooms.
The property 402 N Albany St is 1,972 SqFt (source: MLS/tax record).
The year of construction for 402 N Albany St is 1895.
This home is located at 402 N Albany St in Ironwood, MI and zip code 49938. This 1,972 square foot home, which was built in 1895, sits on a 0.20 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 2, 2025 and is currently priced at $140,000.
In June 2025 more than 5 listings in Ironwood, MI were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 3 were sold below. Between May and June 2025, Ironwood, MI real estate market has seen increase in the number of listings by 51.5%. Listings spent 51 days on the market in June 2025, and had a median list price of $110,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.