Ionia Duplex: Investment
For Sale
$175,000
258 E Adams Street, Ionia, MI 48846
MULTI_FAMILY - Ionia, MI
Property SizeContact for details
Lot Size0.06 Acres
Days on Market122
Property Features for 258 E Adams Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
R1
Bedrooms
2
Full bathrooms
2
Rooms
Basement, Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 2
Parking
2
Parking features
Driveway
Lot features
Sidewalk, Corner Lot
Elementary school district
Ionia
Middle school district
Ionia
High school district
Ionia
Directions
M66 in Ionia south of Main Street to Adams Street, east to property at the corner of Adams Street and Jackson Street.
Standard status
Active
APN
203-090-000-090-00
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
CITY OF IONIA SUP. COVERTS ADDITION LOT 20
Tax Annual Amount
1990
Legal Description
CITY OF IONIA SUP. COVERTS ADDITION LOT 20
Utilities
Utilities
Cable Available
Heating system
Forced Air
Building Details
Year built
1947
Number of units
2
Building materials
Aluminum Siding
Roof type
Metal
Listing Agency:
Keller Williams Realty Rivertown
(616) 288-3244
Listed By:
Rick D Hebden
(517) 242-8073
Added: Apr 13
Changed: Jul 25
Last Checked: Aug 12 at 7:06AM
MLS# 26015090
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Investment Insights
Based on property information with market context.
This impeccably maintained duplex, located in the heart of Ionia, presents a rare investment opportunity. The property has undergone a significant overhaul since 2018, designed to minimize future overhead. Capital improvements include a complete replacement of the main sewer line, a new main water line, two new furnaces, two new water heaters, new vinyl siding, energy-efficient windows, a new roof over the garage, and a freshly paved driveway and sidewalks. The interior features modernized kitchens with newer appliances. The property consists of two 1-bedroom, 1-bathroom units that have a consistent occupancy history. The upper unit includes an attached garage. Situated a short distance from the trails, parks, and shops of Historic Downtown Ionia, this property is positioned to attract and retain long-term residents. The 0.06-acre lot is located at 258 E Adams Street, Ionia, MI 48846. This duplex is fully rented and ready for a seamless transition to its next owner.
Key Highlights
- Impeccably maintained duplex built in 1947 with aluminum siding and a metal roof
- Major improvements since 2018: replacement of main sewer line, new main water line, and new furnaces
- Two new water heaters, energy‑efficient windows, and vinyl siding update
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
486
Businesses Nearby
Explore this area
Business Placement
Demographics for 48846, MI
22,470
Population
7,597
Households
3
Avg Household Size
38
Median Age
12%
College-Educated
88%
High-School Grad
110.6 sq mi
ZIP Area
203
Density / Sq Mi
$66,717
Median Household Income
$37,858
Median Earnings
$804
Median Rent
$172,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Impeccably maintained duplex near downtown Ionia, fully rented.
Where is this duplex located?
The property is located at 258 E Adams Street Ionia, MI.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Impeccably maintained duplex built in 1947 with aluminum siding and a metal roof; Major improvements since 2018: replacement of main sewer line, new main water line, and new furnaces; Two new water heaters, energy‑efficient windows, and vinyl siding update
