$50,000

501 E Smith St Iron Mountain, MI 49801

$594
Closing credit¹
1 bed
1 full
600 sqft
0.1 acres
$83 / sqft
House

Property details

About 501 E Smith St

Affordable Iron Mountain Living "“ Investment or Starter Home Opportunity! Cozy and full of potential, this 1-bedroom, 1-bathroom home in the heart of Iron Mountain offers the perfect canvas for a first-time buyer, downsizer, or investor. Situated on a corner lot with off-street parking and a spacious yard, this property has great bones and room to make it your own. The interior features a functional layout with a generously sized bedroom, large windows providing natural light, and a practical kitchen setup. Outside, the home has updated vinyl siding, a newer roofline, and a retaining wall that adds character and elevation to the yard. Conveniently located near shopping, restaurants, and all that Iron Mountain has to offer, this home is priced to sell and ready for your finishing touches. Schedule your private showing today!

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
Size600 sqft
Lot size0.14 Acres
Year built1910
MLS #61050170785

Summary

  • MLS Number: 61050170785
  • MLS Name: Saginaw Board of REALTORS
  • Office Name: JPAR - Great Lakes Bay Region
  • Office Phone: (989) 349-3039
  • Listing Agent: Troy Schearer

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/16/2025, 6:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of snow covered exterior

$50,000

501 E Smith St

$594

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$19,200$-
2023$16,200$-
2022$15,200$-
2021$13,900$-
2020$13,500$-
2019$12,800$-
2018$12,800$-

History based on county public records data.

Nearby schools

4

North Elementary School

Public District KG-4

0.5 mi

900 5th St

6

East Elementary School

Public District 5-6

1.2 mi

300 W B St

6

Woodland Elementary School

Public District KG-4

2.9 mi

2000 W Pyle Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $37,895. The most common annual income of people living in Iron Mountain, MI is less than $<35k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

47%
<35k
36%
35k-100k
13%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

41%
Single, No Kids
10%
Single, with Kids
31%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
8%
12-17 yrs old
15%
18-34 yrs old
42%
35-64 yrs old
22%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • NASCARNASCAR
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • KmartKmart
  • Dick's Sporting GoodsDick's Sporting Goods
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • ArbysArbys
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • BuickBuick
  • GMCGMC
  • LincolnLincoln

What do the neighbors listen to?

  • OldiesOldies
  • Adult HitsAdult Hits
  • News/Talk/InformationNews/Talk/Information
All data provided by Home Junction and Claritas

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Frequently asked questions

About 501 E Smith St

This home is located at 501 E Smith St in Iron Mountain, MI and zip code 49801. This 600 square foot home, which was built in 1910, sits on a 0.14 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since April 8, 2025 and is currently priced at $50,000.

Over 4 listings were sold over their listed price in March 2025 in Iron Mountain, MI. In the same period over 3 listings were sold below the listed price and 1 listings were sold for the listed price. Between February and March 2025, Iron Mountain, MI real estate market has seen increase in the number of listings by 2.6%. In March 2025, listings were on the market for 25 days. During the same period, the median list price in this real estate market was $212,450.

From Rocket Homes Real Estate and based on county public records data.

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