A new model was developed to study the effect of ferrous ion oxidation on the corrosion of active iron. When ferrous hydroxide precipitate is present at the iron surface as the result of corrosion, the solution boundary layer near the iron surface is saturated with ferrous hydroxide and the pH and ferrous ion concentration are fixed within the layer. The ferrous hydroxide precipitate and that of ferric hydroxide are often porous and do not provide resistance to the transport of solution species. Since this work deals with active iron corrosion, a passive film at the iron surface is not considered. The results show that ferrous ion oxidation decreases corrosion because it decreases oxygen concentration in the boundary layer. The corrosion rate can be decreased by up to 13.9%. This value is independent of boundary layer thickness, temperature, and saturation factor of ferrous hydroxide. The results indicate that ferrous ion oxidation does have an effect on the rate of iron corrosion and that neglecting ferrous ion oxidation when determining iron corrosion results in an overestimate of the corrosion rate.