145 Lafayette Street
Ionia, Michigan 48846
5
Bed
0
Bath
0.14Acre(Lot)
Investment and/or Owner Occupied Opportunity Alert! Current rents $1250 & $1100, with owner occupying the 3rd unit, potential to earn $3,000/month. Rare and outstanding opportunity to own an income-producing triplex in a convenient location close to downtown! All three units have been updated, offering modern appeal for tenants and reduced maintenance concerns. Updated windows and siding add even more value to this turnkey property. Whether you're looking to expand your investment portfolio or live in one unit while generating income from the others, this property offers flexibility and excellent cash flow potential. Opportunities like this do not come around often!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Cable Available Roof: Composition -
Heating & Cooling
Heating: Forced Air Heating Fuel: Natural Gas
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Building Information
Year Built: 1900 Total Units: 3 Roof: Composition Foundation/Basement: Michigan Basement -
Utility Features
Sewer: Sewer (Sewer-Sanitary) -
Water
Public (Municipal)
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Lot Information
Lot Size: 0.14 Lot Dimensions: 47x132 Frontage Feet: 47 -
Property Information
Financing: Cash,Conventional,FHA,VA
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Listing Price Information
Original List Price: $299,900 -
Listing Information
Possession: Close Plus 30 Days Legal Description: CITY OF IONIA SUP. WILLIAMS ADD LOT 28
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Tax Information
Annual Tax: $3,481 Parcel Number: 20323000011500Possession
Close Plus 30 DaysLegal Information
Legal Description: Section: CITY OF IONIA SUP. WILLIAMS ADD LOT 28
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Virtual Tour
Parking Information
Parking: 3 -
Multi-Unit Information
Road Frontage: Paved -
Unit 1 Information
# of Bedrooms: 1 -
Unit 2 Information
# of Bedrooms: 2
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School Information
School District: Ionia -
Utility Information
Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 258 E Adams Street , Ionia, MI, 48846 | $175,000 | 2 | -- | -- | |
| 302 W Lincoln Avenue , Ionia, MI, 48846 | $225,000 | 5 | -- | -- |
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ByOwner last updated this listing 06/17/2026 @ 21:37
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