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    22 Wager Pl Ionia, MI 48846

    Pending
    For Sale
    $374,900

    MULTI_FAMILY - Ionia, MI

    Lot size:
    0.25 Acres
    Days on Market:
    45
    Last Refresh:
    Dec 11 at 6:06 am

    Property Features for 22 Wager Pl

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Bedroom 4, Bathroom 1, Bedroom 6, Bedroom 3, Bedroom 5, Bathroom 3, Bedroom 1, Bathroom 4, Bedroom 2, Basement, Bedroom 7, Bathroom 2
    Bedrooms
    7
    APN
    204-210-000-210-00
    Parking
    8
    Basement
    Full
    Lot size
    0.25 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1901
    Number of units
    4
    Building materials
    Vinyl Siding
    Roof type
    Metal

    Michigan Top Producers (269) 251-8711

    Listing agent Linda S Lazarus (269) 251-8711

    Listing date Oct 28, 2025

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ionia Multi-Family Investment Opportunity

    This fully occupied 4-unit multi-family property presents an investment opportunity or an owner-occupy option. Situated on a corner lot, the property offers steady cash flow, with all units currently on month-to-month leases. Each unit features a spacious layout and natural light, with separate utilities for each unit. Off-street parking is available for tenants. The property is located near schools, shopping, and local amenities. The property is located in Ionia, MI. The lot size is 0.25 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ionia
    County
    Ionia
    State
    Michigan
    Longitude
    -85.052654
    Latitude
    42.984356

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    FAQs

    What type of property is this?
    Quadplex - Fully occupied four-unit property with income potential in Ionia, MI.
    Where is this quadplex located?
    The property is located at 22 Wager Pl Ionia, MI.
    What is the asking price?
    The asking price for this property is $374,900.
    What are key features of this property?
    This property features: - Fully occupied 4-unit multi-family property provides immediate cash flow.; - Desirable corner lot location near schools, shopping, and local amenities.; - Month-to-month leases offer flexibility for rent increases or property upgrades.
    (269) 251-8711
    Request Owner's contact information
    22 Wager Pl Ionia, MI 48846
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    22 Wager Pl Ionia, MI 48846
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