$175,000
Ionia, MI 48846
MLS# 26015090
1 / 12
Property 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 tenants with its own attached garage, adding further value to the asset.
Details
Location Property Info
County: Ionia
Street #: 258
Street Direction: E
Street Name: Adams
Suffix: Street
State: MI
Zip Code: 48846
Zip (4): 1739
OfficeContract Info
Status: Active
Current Price: $175,000
List Price: $175,000
Listing Date: 2026-04-13
General Property Info
Lot Measurement: Acres
Lot Square Footage: 2614
Lot Acres: 0.06
Lot Dimensions: 33x85
Year Built: 1947
New Construction: No
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2018-02-01
Road Frontage: 33
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Parking Spaces: 2
Waterfront: No
School District: Ionia
Tax Info
Tax ID #: 203-090-000-090-00
Taxable Value: 34817
SEV: 58500
For Tax Year: 2025
Seller's Annual Property Tax: 1990.07
Tax Year: 2025
Zoning: R1
Remarks Misc
Directions: M66 in Ionia south of Main Street to Adams Street, east to property at the corner of Adams Street and Jackson Street.
Access Feat
Accessibility Features: No
Income and Expenses
Annual Insurance: 730
Annual Utilities: 1600
Unit 1
Unit #: 1
Unit Description: Lower
SqFt: 816
Occupied: Yes
Monthly Rent: 850
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 2
Unit #: 2
Unit Description: Upper
SqFt: 576
Occupied: Yes
Monthly Rent: 900
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Property Features
Exterior Material: Aluminum Siding
Roofing: Metal
Substructure: Michigan Basement
Lot Description: Corner Lot; Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available; High Speed Internet; None
Extras: Tenant Storage
Owner Pays: Sewer; Trash Collection; Water
Tenant Pays: Electric; Gas
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: None
Driveway: Concrete
Street Type: Paved
Mineral Rights: No
Terms Available: Cash; Conventional; FHA; VA Loan
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Range Oven; Refrigerator; Sep. Heat System
Unit 2: Garage; Range/Oven; Refrigerator; Sep. Heat System
Supplements
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.
Listing Office: Keller Williams Realty Rivertown
Listing Agent: Rick Hebden
Last Updated: May - 11 - 2026
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