Active

258 E Adams Street

Ionia, Michigan 48846

$175,000 $737/Mo

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Overview

Bed

Bath

0.06

Acre(Lot)

Description

Maximize your ROI with this impeccably maintained duplex in the heart of Ionia. This is a rare ''plug-and-play'' opportunity where all the heavy lifting has already been completed, as the property has undergone a massive overhaul since 2018 designed to minimize future overhead and maximize peace of mind. Significant capital improvements include a complete replacement of the main sewer line, new main water line, two new furnaces, two new water heaters, new vinyl siding, energy-efficient windows, new roof over the garage, and a freshly paved driveway and sidewalks. The interior is equally impressive, featuring modernized kitchens with newer appliances and two 1-bedroom, 1-bathroom units that have enjoyed a consistent and strong occupancy history. The upper unit offers a premium feature for t enants with its own attached garage, adding further value to the asset.Perfectly situated just a short distance from the trails, parks, and charming shops of Historic Downtown Ionia, this property is ideally positioned to attract and retain quality long-term residents. Whether you are looking to start your portfolio or add a low-maintenance cornerstone asset, this duplex is fully rented and ready for a seamless transition to its next owner.

Property Details

Property Type : Multifamily

Price : $175,000

AD Id : 77023592

MLS Id : 65026015090

Beds : 2

Lot Size : 0.06 Acre

Year Built : 1947

County : Ionia

Map

What's Nearby

Nearby Areas

Features

Interior Features

Other Roof: Metal
Heating & Cooling

Heating: Forced Air Heating Fuel: Natural Gas

Building Information

Year Built: 1947 Total Units: 2 Roof: Metal Foundation/Basement: Michigan Basement
Utility Features

Sewer: Sewer (Sewer-Sanitary)
Water

Public (Municipal)

Lot Information

Lot Size: 0.06 Lot Dimensions: 33x85 Frontage Feet: 33
Property Information

Financing: Cash,Conventional,FHA,VA

Listing Price Information

Original List Price: $180,000
Listing Information

Possession: At Close Legal Description: CITY OF IONIA SUP. COVERTS ADDITION LOT 20

Tax Information

Annual Tax: $1,990 Parcel Number: 20309000009000
Possession

At Close
Legal Information

Legal Description: Section: CITY OF IONIA SUP. COVERTS ADDITION LOT 20

Unit 1 Information

# of Bedrooms: 2

School Information

School District: Ionia
Utility Information

Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
302 W Lincoln Avenue , Ionia, MI, 48846	$225,000	5	--	--

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ByOwner last updated this listing 06/06/2026 @ 00:57

MLS: 65026015090 LISTED BY: Rick D Hebden , Keller Williams Realty Rivertown 616-288-3244 SOURCE: Realcomp II Ltd