Ionia Duplex with Recent
For Sale
$175,000
258 East Adams Street, Ionia, MI 48846
Well-maintained Ionia duplex with significant capital improvements and strong occupancy.
Property Size576 SF
Price / SF$303.82
Days on Market150
Property Features for 258 East Adams Street
General Information
Standard status
Active
Size
576 SF
Property subtype
Residential Income / Multi Family
Zoning
R1
Taxes and HOA fees
Annual Taxes
$1,990
Amenities
Forced Air, Natural Gas
true
No
Yes
Storage
Sidewalks
Building Details
Year Built
1947
Buildings
1
Listing Agency:
Keller Williams Realty Rivertown
Listed By:
Rick D Hebden · License #6501459669
(517) 242-8073
Source:
Compass
Added: Apr 13
Changed: Sep 8
Last Checked: Sep 7 at 7:06PM
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 Keller Williams Realty Rivertown
Investment Insights
Based on property information with market context.
This impeccably maintained duplex is located in Ionia, Michigan. The property has undergone a significant overhaul since 2018, including a complete replacement of the main sewer line, a new main water line, two new furnaces, and two new water heaters. Additional capital improvements include 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 and strong occupancy history. The upper unit includes an attached garage. The property is situated a short distance from the trails, parks, and shops of Historic Downtown Ionia. The property is fully rented.
Key Highlights
- Extensive renovations since 2018 minimize future maintenance.
- Fully rented duplex provides immediate income.
- Prime location near trails, parks, and the shops of Historic Downtown Ionia, attracting quality tenants.
Property Analytics
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Current Use
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained Ionia duplex with significant capital improvements and strong occupancy.
Where is this duplex located?
The property is located at 258 East 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: Extensive renovations since 2018 minimize future maintenance.; Fully rented duplex provides immediate income.; Prime location near trails, parks, and the shops of Historic Downtown Ionia, attracting quality tenants.
