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145 Lafayette St, Ionia, MI, 48846
Updated Triplex with Owner-Occupied Unit

145 Lafayette St Ionia, MI 48846

For Sale
$274,900

Three fully updated units provide flexible owner-occupancy options and updated exterior finishes for easier day-to-day maintenance.

Days on Market36

Property Features for 145 Lafayette St

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1900
Listing Agency: Five Star Real Estate (Main)
Listed By: Vito (Jr.) E Dolci · License #6501224335
Source: Elliman
Added: Jun 21 Changed: Jul 10 Last Checked: Jul 26 at 9:57AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Five Star Real Estate (Main)


Investment Insights

Based on property information with market context.

This triplex presents an investment and/or owner-occupied setup with three units in place. The current rent is listed as $1,250 and $1,100, with the owner occupying the third unit. The seller also describes potential rent of up to $3,000 per month. All three units have been updated, and the exterior includes updated windows and siding intended to reduce maintenance concerns and support a more modern tenant experience.

The property is described as being in a convenient location close to downtown. BikeScore is 34 (Somewhat Bikeable) and WalkScore is 56 (Somewhat Walkable), reflecting a neighborhood with everyday walkability.

For tenants and buyers, the appeal is the combination of turnkey condition and flexible living arrangements. Owner-occupants can occupy one unit while collecting rent from the other two, while investors can evaluate the property as a straightforward income-producing triplex with updates already completed throughout. The updated windows, siding, and interiors should help streamline upkeep compared to a property requiring immediate rework.

Key Highlights

  • Triplex with 3 fully updated units for income‑producing living arrangements
  • Current rents are $1,250 and $1,100; owner occupies the 3rd unit
  • Stated potential to earn $3,000/month

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Kitchen & Bath Showroom Auto Parts Store HVAC Service Hair Salon Bakery (Bike/Boat/Book/etc) Store Nail Salon Computer & Electronic Repair Electrical Service Big Box & Wholesale Store

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

FAQs

What type of property is this?
Triplex - Three fully updated units provide flexible owner-occupancy options and updated exterior finishes for easier day-to-day maintenance.
Where is this triplex located?
The property is located at 145 Lafayette St Ionia, MI.
What is the asking price?
The asking price for this property is $274,900.
What are key features of this property?
This property features: Triplex with 3 fully updated units for income‑producing living arrangements; Current rents are $1,250 and $1,100; owner occupies the 3rd unit; Stated potential to earn $3,000/month
More about this property
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