$245,000
Ionia, MI 48846
MLS# 26006257
1 / 35
Property Description
Presenting this solid brick, two-unit property situated on a corner lot in the City of Ionia. This well-maintained property offers immediate rental income and a solid investment opportunity. The lower unit features 2 bedrooms and 1 full bath, while the upper unit offers 3 bedrooms and 1 full bath. The upper unit has been recently remodeled, including new windows and a fully updated bathroom. Additional improvements include a new boiler system, updated electrical, and new flooring installed in both units. The brick exterior offers durability and timeless appeal, and the corner lot provides added visibility and natural light. Altogether, this duplex offers functional updates and long-term potential.
Details
Maps
Location Property Info
County: Ionia
Street #: 302
Street Direction: W
Street Name: Lincoln
Suffix: Avenue
State: MI
Zip Code: 48846
Zip (4): 1102
OfficeContract Info
Status: Active
Current Price: $245,000
List Price: $245,000
Listing Date: 2026-02-20
General Property Info
Lot Measurement: Acres
Lot Square Footage: 11387
Lot Acres: 0.26
Lot Dimensions: 99x115
Year Built: 1920
New Construction: No
Cert of Compliance: Yes
Road Frontage: 99
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 2
Total Parking Spaces: 2
Waterfront: No
School District: Ionia
Association YN: No
Tax Info
Tax ID #: 201-150-000-055-00
Taxable Value: 85600
SEV: 85600
For Tax Year: 2024
Seller's Annual Property Tax: 3515.52
Tax Year: 2024
Homestead %: 100
Spec Assessment & Ty: N/A
Zoning: Residential
Remarks Misc
Directions: From M-21, continue west as it becomes Lincoln Ave. Property is located on the north side of the street at the corner. From M-66, turn west onto Lincoln Ave to property on the north side at the corner.
Waterfront Options
Water Access Y/N: No
Access Feat
Accessibility Features: No
Unit 1
Unit #: 1
Unit Description: Lower
SqFt: 1108
Occupied: Yes
Monthly Rent: 1150
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit #: 2
Unit Description: Upper
SqFt: 1108
Occupied: Yes
Monthly Rent: 1300
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Property Features
Laundry Features: Electric Dryer Hookup; In Basement; Washer Hookup
Exterior Material: Brick; Wood Siding
Roofing: Metal
Substructure: Full
Lot Description: Corner Lot; Level; Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Electricity Available; High Speed Internet; Natural Gas Available; Public Sewer; Public Water
Extras: Garages
Owner Pays: Gas; Trash Collection; Water
Tenant Pays: Electric
Heat Source: Natural Gas
Heat Type: Baseboard; Hot Water
Air Conditioning: None
Driveway: Unpaved
Street Type: Paved; Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional; FHA
Possession: Close Of Escrow; Negotiable; Subject To Tenant Rights
Sale Conditions: None
Unit 1: Deck/Patio; Range Oven; Refrigerator
Unit 2: Dishwasher; Range/Oven; Refrigerator
Listing Office: Five Star Real Estate (Ada)
Listing Agent: Justin Hendrick
Last Updated: February - 20 - 2026
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