Active

302 W Lincoln Avenue

Ionia, Michigan 48846

$225,000 $948/Mo

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Overview

Bed

Bath

0.26

Acre(Lot)

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.

Property Details

Property Type : Multifamily

Price : $225,000

AD Id : 75520645

MLS Id : 65026006257

Beds : 5

Lot Size : 0.26 Acre

Year Built : 1920

Garage : Garage

County : Ionia

Map

What's Nearby

Nearby Areas

Features

Interior Features

Laundry Facility Roof: Metal
Heating & Cooling

Heating: Baseboard,Hot Water Heating Fuel: Natural Gas

Building Information

Year Built: 1920 Total Units: 2 Roof: Metal
Utility Features

Sewer: Sewer (Sewer-Sanitary),Sewer at Street
Water

Public (Municipal)

Lot Information

Lot Size: 0.26 Lot Dimensions: 99x115 Frontage Feet: 99
Property Information

Financing: Cash,Conventional,FHA

Listing Price Information

Original List Price: $245,000
Listing Information

Possession: At Close Legal Description: CITY OF IONIA C. LOVELLS ADDITION S 7RDS OF W 1RD OF LOT 3 & S 7RDS LOT 4 OF SAME ADD EXCEPT THE WEST 33 FEET OF THE SOUTH 115 FT OF LOT 4

Tax Information

Annual Tax: $3,516 Parcel Number: 20115000005500
Possession

At Close
Legal Information

Legal Description: Section: CITY OF IONIA C. LOVELLS ADDITION S 7RDS OF W 1RD OF LOT 3 & S 7RDS LOT 4 OF SAME ADD EXCEPT THE WEST 33 FEET OF THE SOUTH 115 FT OF LOT 4

Unit 2 Information

# of Bedrooms: 1
Unit 3 Information

# of Bedrooms: 1

School Information

School District: Ionia
Utility Information

Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary),Sewer at Street

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
145 Lafayette Street , Ionia, MI, 48846	$299,900	5	--	--
258 E Adams Street , Ionia, MI, 48846	$175,000	2	--	--

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Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 06/16/2026 @ 18:35

MLS: 65026006257 LISTED BY: Justin W Hendrick , Five Star Real Estate (Ada) 616-425-7600 SOURCE: Realcomp II Ltd