Updated Triplex Income
145 Lafayette Street Ionia, MI 48846
For Sale
$264,900
MULTI_FAMILY - Ionia, MI
Lot Size0.14 Acres
Days on Market46
Property Features for 145 Lafayette Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Rooms
- Bathroom 3, Bedroom 3, Basement, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 5, Bathroom 2
- Parking
- 3
- Standard status
- Active
- APN
- 203-230-000-115-00
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- CITY OF IONIA SUP. WILLIAMS ADD LOT 28
- Tax Annual Amount
- 3481
Utilities
- Utilities
- Cable Available
- Heating system
- Forced Air
Building Details
- Year built
- 1900
- Number of units
- 3
- Building materials
- Vinyl Siding
- Roof type
- Composition
Listing Agency:
Five Star Real Estate (Walker)
(616) 791-1010
Listed By:
Garrett B Kirby · License #6501423615
(616) 902-5933
Added: Jun 11
Changed: Jul 25
Last Checked: Jul 26 at 10:06PM
MLS# 26028658
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This triplex offers three updated units with an emphasis on reduced maintenance and modern appeal. The property includes updated windows and siding, supporting a more turnkey presentation for tenants.
Current rents are listed at $1,250 and $1,100, with the owner occupying the third unit. The seller notes potential for total monthly income up to $3,000, reflecting flexibility for an owner-occupant or an investor seeking rental revenue.
Situated in a convenient location close to downtown, this is presented as an income-producing, owner-occupiable triplex opportunity.
Current rents are listed at $1,250 and $1,100, with the owner occupying the third unit. The seller notes potential for total monthly income up to $3,000, reflecting flexibility for an owner-occupant or an investor seeking rental revenue.
Situated in a convenient location close to downtown, this is presented as an income-producing, owner-occupiable triplex opportunity.
Key Highlights
- Income‑producing triplex with current rents of $1,250 and $1,100; owner occupies the 3rd unit
- Potential to earn up to $3,000/month based on current rent structure and owner‑occupied unit
- All three units have been updated, with updated windows and siding
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Triplex with three updated units, including updated windows and siding, currently generating monthly rental income.
Where is this triplex located?
The property is located at 145 Lafayette Street Ionia, MI.
What is the asking price?
The asking price for this property is $264,900.
What are key features of this property?
This property features: Income‑producing triplex with current rents of $1,250 and $1,100; owner occupies the 3rd unit; Potential to earn up to $3,000/month based on current rent structure and owner‑occupied unit; All three units have been updated, with updated windows and siding
