Listing provided courtesy of FIRST WEBER, INC- MLS# 50203009
Images
Request Info402 Lake AvenueIronwood, MI 49938
Single Family · 3 Beds · 1 Full Bath · 1 Half Bath · 1,530 Sq. ft. | 0.69 Acres$175,000
Keep Showing-Contgcy Appl
402 Lake Avenue Overview
- Time on Site:
- 90 days
- Visits:
- 62
Attractive 3 bedroom, 1.5 bath home located on a deep double city lot offering space, flexibility, and investment potential. Modern kitchen features stainless steel appliances, an island with snack bar seating which opens to the dining and living areas creating a bright functional layout for everyday living and entertaining. Hardwood floors run throughout much of the home, adding warmth and character. The main floor includes a full bath plus a convenient half bath and a flexible bonus room that could easily serve as a home office, hobby/craft space or play area. The upper level offers three bedrooms, including a spacious primary bedroom with two double closets plus a smaller closet. Enjoy additional space with the enclosed porch or relax outdoors on the back deck. Partially fenced backyard providing great outdoor living space. The property also features a 30x30 garage with power and an extra storage shed. Currently operating as a vacation rental with rental history, offering potential for continued short-term rental use. Furnishings may be negoiatable. Schedule your showing soon.
Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map
402 Lake Avenue Facts & Features
- Type Single Family
- Sq. ft. 1,530
- Price/Sq.ft. $114
- Lot 0.69 Acres
Details
General
Association/HOA
- Association: No
Building Information
- Year Built: 1895
Location/Region
- County Or Parish: Gogebic
- MLS Area Minor: Ironwood (27006)
- Municipality: Ironwood
- Subdivision Name: None
Parking Information
- GARAGE TYPE: Detached Garage, Electric in Garage
Tax Information
- Summer Tax: 4848.09
- Summer Tax Year: 2025
- Tax Annual Amount: $5,260.58
- Tax Assessed Value: $75,208.00
- Tax Year: 2025
- Winter Tax: 412.49
- 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
- Zoning: Residential
Interior
Building Information
- Below Grade SqFt: 1012
Parking Information
- Garage Spaces: 2
- Garage: Yes
Beds/Baths
- Bathroom 1 Length: 8
- Bathroom 1 Level: Main
- Bathroom 1 Width: 8
- Bathrooms Full: 1
- Bathrooms Half: 1
- Bathrooms Total: 2
- Bedrooms Total: 3
- Bedroom 1 Length: 17
- Bedroom 1 Level: Upper
- Bedroom 1 Width: 14
- Bedroom 2 Length: 12
- Bedroom 2 Level: Upper
- Bedroom 2 Width: 12
- Bedroom 3 Length: 12
- Bedroom 3 Level: Upper
- Bedroom 3 Width: 9
Building Interior
- Above Grade Finished Area: 1530
- Below Grade Finished Area: 0
- WATER HEATER: Gas
General Information
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
- Cooling: Ceiling Fan(s), Window Unit(s)
- Electric: 200+ Amp Service, Circuit Breakers
- Fireplace: No
- Fireplaces Total: 0
- Foundation Details: Basement
- Heating: Forced Air
- Interior Features: Hardwood Floors
- Living Area: 1530
- Rooms: First Flr Full Bathroom, Formal Dining Room
Room Information
- Bonus/Media Room Length: 15
- Bonus/Media Room Level: Main
- Bonus/Media Room Width: 8
- Dining Room Length: 14
- Dining Room Level: Main
- Dining Room Width: 13
- Kitchen Length: 16
- Kitchen Level: Main
- Kitchen Width: 13
- Lavatory 1 Length: 4
- Lavatory 1 Level: Main
- Lavatory 1 Width: 7
- Living Room Length: 14
- Living Room Level: Main
- Living Room Width: 13
Exterior
Parking Information
- Parking Features: 3 or More Spaces, Garage
Lot Information
- Frontage Length: 100
- Frontage Type: Road
- Lot Features: City Limits
- Lot Size: 100x300
- Lot Size Acres: 0.69
- Road Surface Type: City/County
- Topography: Deep Lot - 150+ Ft.
- Water Source: Public Water
Waterfront/View
- Waterfront Features: None
- Waterfront: No
Building Exterior/Construction
- Architectural Style: 2 Story
- Construction Materials: Masonite
General Information
- Exterior Features: Deck, Porch
- Other Structures: Shed
- Pool Private: No
- Sewer: Public Sanitary
- Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected, Internet DSL Available
402 Lake Avenue Neighborhood
Community
49938 (IRONWOOD) Demographics
51
Median Age
29
Population Density (per sq. mile)
37%
College Educated
$36,994
Estimated Median Income
2,736
Estimated Total Home Owners
1,031
Estimated Total Renters
73% / 27%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
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.402 Lake Avenue Monthly Cost
402 Lake Avenue Market Data
Based on the last 30 days in this zip code
$244,337
Average List Price
$123
Average Price per Square Foot
9
Properties Sold
87
Average Days on Market
104
Properties for Sale
402 Lake Avenue History
| Date | Value | Agent |
|---|---|---|
| 6/24/2026Source: Upper Peninsula MLS | Keep Showing-Contgcy Appl |
Gayle Colassaco Listing Agent |
| 6/24/2026Source: Greater Northwoods MLS | Active Under Contract |
Gayle Colassaco Listing Agent |
| 6/11/2026Source: Upper Peninsula MLS | $175,000 -5.4% |
Gayle Colassaco Listing Agent |
| 6/11/2026Source: Greater Northwoods MLS | $175,000 -5.4% |
Gayle Colassaco Listing Agent |
| 5/2/2026Source: Greater Northwoods MLS | $185,000 -7.0% |
Gayle Colassaco Listing Agent |
| 5/2/2026Source: Upper Peninsula MLS | $185,000 -7.0% |
Gayle Colassaco Listing Agent |
| 4/1/2026Source: Upper Peninsula MLS | April 01, 2026 |
Gayle Colassaco Listing Agent |
| 4/1/2026Source: Greater Northwoods MLS | April 01, 2026 |
Gayle Colassaco Listing Agent |
| 6/20/2022Source: Upper Peninsula MLS | March 28, 2022 |