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Mountain Iron, MN Homes for Sale

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  • /35

    $150,000

    • 3 Beds
    • 1 Bath
    • 975 Sq Ft

    8446 Mud Lake Rd, Mountain Iron, MN 55768

    Welcome to your future lakefront retreat on Mud Lake in Mountain Iron — a spacious property offering endless possibilities. Set on over 1.5 acres with approximately 200 feet of shoreline, this property is the perfect canvas for creating your dream lake home. The home itself boasts good bones, including a new electrical panel and a solid structure, providing a strong foundation for your personal

    Agent Photo

    Hannah Aldrich

    Keller Williams Select Realty

    (218) 423-3788

    8446 Mud Lake Rd, Mountain Iron, MN 55768
  • /4

    $395,000

    • Land
    • 0.88 Acre
    • $448,864 per Acre

    TBD S 16th Ave, Virginia, MN 55792

    THIS is a Commercial lot with a multitude of opportunity for ANY business! Offering high visibility, exceptional traffic counts, AND convenient access off US Highway 53 for this .88 acre lot! This is located next to the current Virginia Menards Store and AutoZone. For businesses with building ideas, there are no building restrictions, has been site evaluated and has an already made driveway with

    Agent Photo

    Greg Hoffman

    Edina Realty, Inc.

    (218) 476-7209

    TBD S 16th Ave, Virginia, MN 55792
  • /42

    $469,000

    • 3 Beds
    • 2.5 Baths
    • 3,052 Sq Ft

    4961 Spirit Lake Rd, Mountain Iron, MN 55768

    What a find! Close to town, paved road, lake shore, large yard, 3000+ sf home, garage space and lots of improvements!! This is the dream lake home you have been waiting for! Centrally located between several school districts, a few minutes from shopping, 3 large BR on the same level with a few additional 'bonus'/office/den spaces, ample storage, great light and views from the windows, updated

    Darcie Novak My Place Realty, Inc.

    4961 Spirit Lake Rd, Mountain Iron, MN 55768
  • /10

    $195,000

    • 2 Beds
    • 1 Bath
    • 1,097 Sq Ft

    5476 Garden Dr N, Mountain Iron, MN 55768

    Charming 2 bedroom house in coveted South Grove. This house is situated on a large picturesque corner lot. Cheery open kitchen with white cabinets. Huge main floor bedroom with tons of closet space. Basement has electric fireplace and so much potential! There is also a nice sized 2 stall garage. Don't miss out on this one!

    Nicole Culbert-Dahl Culbert Realty

    5476 Garden Dr N, Mountain Iron, MN 55768
  • /35

    $314,900

    • 4 Beds
    • 3 Baths
    • 2,596 Sq Ft

    5461 Daffodil Ave, Virginia, MN 55792

    Beautiful 4 Bedroom home situated on over a half acre of land on a corner lot. Located in Westgate Addition and close to Mesabi Fit, Dairy Queen, BG's Bar and Grill, medical facilities and so much more! Take the time to tour this home that features, new siding, new kitchen including appliances, new roof, tremendous storage, an attached garage, and an updated owner's suite bathroom. With lots of

    Richard Erickson Re/Max Results

    5461 Daffodil Ave, Virginia, MN 55792
  • /14

    $25,500

    • Land
    • 0.53 Acre
    • $48,113 per Acre

    87XX Arbor Ln, Mountain Iron, MN 55768

    Beautiful buildable lot in Mountain Iron. Enjoy the short drive to schools, stores, and the recreation complex and build your home of your dreams. This lot is located in a prime area close to all of the conveniences this community has to offer. Open to the builder of your choice. Close to many lakes for fishing and watersports. Also close to public state and county land for hunting,

    Michael Hultquist Timber Ghost Realty, LLC

    87XX Arbor Ln, Mountain Iron, MN 55768
  • /48

    $675,000

    • 4 Beds
    • 3 Baths
    • 1,740 Sq Ft

    4187 Blueberry Trail, Mountain Iron, MN 55768

    Welcome to 4187 Blueberry Trail! Rustic elegance meets modern comfort on 3.5 sprawling acres of private, lakefront serenity.This completely renovated 4-bedroom, 3-bathroom log home features 3,000 sq ft of living space, blending warmth & charm with luxurious upgrades.Step inside to soaring vaulted ceilings, glowing wood interiors, & four cozy fireplaces.The gourmet kitchen offers granite

    Jessica Mesich Culbert Realty

    4187 Blueberry Trail, Mountain Iron, MN 55768
  • /36

    $139,900

    • Land
    • 5 Acres
    • $26,648 per Acre

    8623 Labrador Ct, Mountain Iron, MN 55768

    Beautiful land on Mashkenode Lake, just minutes to all the Quad Cities has to offer! Very peaceful area, enjoy the loon calls, and some good fishing (even Walleye). With nearby bike, snowmobile, and ATV trails, outdoor enthusiasts will find plenty to explore. Conveniently located close to Mt Iron, Virginia, and just an hour north of Duluth. Electricity is at the road, and Paul Bunyan fiber

    Samantha Koivunen Dane Arthur Real Estate Agency

    8623 Labrador Ct, Mountain Iron, MN 55768
  • /15

    $39,900

    • Land
    • 2.98 Acres
    • $13,389 per Acre

    XXXX Labrador Ct Parcel B, Mt. Iron, MN 55768

    If you are looking for a future building site for a new home, close to town on almost 3 acres, look no further! This lot in Mt. Iron Minnesota features mature trees, electricity at the road and the option of a driveway put in to the future build site by the seller (with agreed upon terms in an offer), there has also been soil testing done for determining septic. The lot is in the process of being

    Delaney Maki My Place Realty, Inc.

    XXXX Labrador Ct Parcel B, Mt. Iron, MN 55768
  • /15

    $39,900

    • Land
    • 3.73 Acres
    • $10,697 per Acre

    XXXX N Labrador Ct Parcel A, Mountain Iron, MN 55768

    If you are looking for a future building site for a new home, close to town on just over 3 acres, look no further! This lot in Mt. Iron Minnesota features mature trees, electricity at the road and the option of a driveway put in to the future build site by the seller (with agreed upon terms in an offer), there has also been soil testing done for determining septic. The lot is in the process of

    Delaney Maki My Place Realty, Inc.

    XXXX N Labrador Ct Parcel A, Mountain Iron, MN 55768
  • /16

    $39,900

    • Land
    • 2.98 Acres
    • $13,389 per Acre

    XXXX Labrador Ct Unit Parcel B, Mountain Iron, MN 55786

    If you are looking for a future building site for a new home, close to town on almost 3 acres, look no further! This lot in Mt. Iron Minnesota features mature trees, electricity at the road and the option of a driveway put in to the future build site by the seller (with agreed upon terms in an offer), there has also been soil testing done for determining septic. The lot is in the process of being

    Darcie Novak My Place Realty, Inc.

    XXXX Labrador Ct Unit Parcel B, Mountain Iron, MN 55786
  • /15

    $39,900

    • Land
    • 3.73 Acres
    • $10,697 per Acre

    XXXX Labrador Ct Unit Parcel A, Mountain Iron, MN 55786

    If you are looking for a future building site for a new home, close to town on just over 3 acres, look no further! This lot in Mt. Iron Minnesota features mature trees, electricity at the road and the option of a driveway put in to the future build site by the seller (with agreed upon terms in an offer), there has also been soil testing done for determining septic. The lot is in the process of

    Darcie Novak My Place Realty, Inc.

    XXXX Labrador Ct Unit Parcel A, Mountain Iron, MN 55786
  • /16

    $39,900

    • Land
    • 3.73 Acres
    • $10,697 per Acre

    XXXX Labrador Ct Parcel A, Mt. Iron, MN 55768

    If you are looking for a future building site for a new home, close to town on just over 3 acres, look no further! This lot in Mt. Iron Minnesota features mature trees, electricity at the road and the option of a driveway put in to the future build site by the seller (with agreed upon terms in an offer), there has also been soil testing done for determining septic. The lot is in the process of

    Darcie Novak My Place Realty Inc

    XXXX Labrador Ct Parcel A, Mt. Iron, MN 55768
  • /17

    $39,900

    • Land
    • 2.98 Acres
    • $13,389 per Acre

    XXXX Labrador Ct Parcel B, Mt. Iron, MN 55768

    If you are looking for a future building site for a new home, close to town on almost 3 acres, look no further! This lot in Mt. Iron Minnesota features mature trees, electricity at the road and the option of a driveway put in to the future build site by the seller (with agreed upon terms in an offer), there has also been soil testing done for determining septic. The lot is in the process of being

    Darcie Novak My Place Realty Inc

    XXXX Labrador Ct Parcel B, Mt. Iron, MN 55768
  • /20

    $129,900

    • Land
    • 9 Acres
    • $14,043 per Acre

    5111 Retriever Dr, Mountain Iron, MN 55768

    Buildable lake lot with 337 ft of lakeshore on Lake Mashkenode in Mt. Iron Minnesota that sits on almost 10 acres. There is a 3 foot elevated building site for a future home! It is ready for a 4 bedroom home to be built, featuring a compliant 4 bedroom septic, a sand point well, electricity and a driveway already on site. In addition to all of that there is also a pond and a wooded area to the

    Darcie Novak My Place Realty Inc

    5111 Retriever Dr, Mountain Iron, MN 55768
  • /46

    $199,900

    • 4 Beds
    • 2 Baths
    • 1,439 Sq Ft

    201 17th Ave W, Eveleth, MN 55734

    Incredible, affordable 4 BR home with a 3 stall garage, in a quiet neighborhood in West Eveleth perfect for convenient work commutes! This is a really great well maintained home with lots of improvements over the years. A newer eat in kitchen with gas stove, granite counter tops, wood floors and a great coffee bar! 2 main level bedrooms both with ample closets, a main level bathroom tiled with a

    Darcie Novak My Place Realty, Inc.

    201 17th Ave W, Eveleth, MN 55734

Why Live in Mountain Iron

Mountain Iron has long been a mining community since 1890, when Leonidas Merritt and his family, known as the “Seven Iron Men,” discovered iron ore in the region. Today, Mountain Iron is considered the “Taconite Capital of the World,” as U.S. Steel operates the world’s largest taconite processing facility, Minntac. “Our community is definitely backed by the mines,” says Lisa Fredrickson, an accounting technician for the city who has lived here her whole life. “Most people work in the mines and they’re what everyone thinks of when it comes to sustainability for living here.” Mountain Iron is considered the “Birthplace of the Mesabi,” aka the Mesabi Iron Range, a region comprised of the Quad Cities, which incorporate three other mining communities: Virginia, Eveleth and Gilbert. This community also has a lot of land used for outdoor recreation, including a trail that connects all four of the Quad Cities and mine pits that are no longer in service. Some homes in this rural community are out in the country, while others are in suburban-like neighborhoods. Old Town Mountain Iron is considered the downtown area, featuring bungalows and Colonial Revivals selling for around $110,000 to

Frequently Asked Questions

What is the average home price in Mountain Iron, MN?
Homes for sale in Mountain Iron, MN have an average home price of $301,430.
How many homes have sold over the last 12 months in Mountain Iron, MN?
28 homes have sold in Mountain Iron, MN over the last 12 months.
What are the most popular zip codes in Mountain Iron, MN?
The most popular zip codes in Mountain Iron, MN include 55746, 55792, 55790, 55734 and 55705.
How much do you need to make to afford a house in Mountain Iron?
The median home price in Mountain Iron is $215,000. If you put a 20% down payment of $43,000 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $1,120 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $48K a year to afford the median home price in Mountain Iron.
How are the schools in Mountain Iron, MN?
Mountain Iron, MN has highly rated public and private schools. Some of the best schools in Mountain Iron based on Niche Grades are Virginia Secondary School, Eveleth-Gilbert Senior High School and Franklin Elementary School. Browse all the schools in Mountain Iron, MN to learn more.

Home Trends in Mountain Iron, MN

Housing Trends

Median Sale Price
$217,500
Median Single Family Sale Price
$220,000
Average Price Per Sq Ft
$180
Number of Homes for Sale
4
Last 12 months Home Sales
28
Months of Supply
1.70
Median List Price
$215,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-11%
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