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    Ionia County, MI Multifamily Properties for Sale

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    Mixed-Use Building with Retail and Apartments
    Updated: Apr 30
    Mixed-Use Building with Retail and Apartments

    405 W Main Street, Ionia, MI 48846

    $700,000
    11,386 sqft 0.21 AC lot
    Iconic red brick Stevenson Building in historic downtown Ionia, featuring mixed‑use space with residential units and retail storefronts
    Second floor has five apartments, all currently leased
    Street level includes two retail spaces
    Recent improvements include a new roof
    Year built 1890; construction is brick with composition roof, central air, and baseboard heating
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    This listing looks promising.

    Here's a quick look at some key insights for

    405 W Main Street, Ionia, MI 48846

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    • Est. Cap Rate

      7.7%
      Above avg (5.9%)

    • Est. NOI

      $54K
      Annual

    • Price @ 7% Cap

      $769K
      Above asking
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    Well-Maintained Duplex Investment
    Updated: Jun 28
    Well-Maintained Duplex Investment

    610-612 N Dexter Street, Ionia, MI 48846

    $350,000
    0.18 AC lot
    Well‑maintained duplex built in 1990 with vinyl siding
    Forced‑air heating
    Each unit includes its own full basement for storage and extra space
    Natural gas available and public sewer
    Roof type: composition
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    Updated Triplex Income Property
    Updated Triplex Income Property

    145 Lafayette Street, Ionia, MI 48846

    $264,900
    0.14 AC lot

    Triplex with three updated units, including updated windows and siding, currently generating monthly rental income.

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    Leased Mixed-Use Building with Retail
    Leased Mixed-Use Building with Retail

    W 405 W Main Street Unit SourceFi, Ionia, MI 48846

    $700,000
    11,386 sqft

    Fully leased mixed-use building with street-level retail and five leased second-floor apartments.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Ionia Duplex: Investment Opportunity
    Ionia Duplex: Investment Opportunity

    258 E Adams Street, Ionia, MI 48846

    $175,000
    0.06 AC lot

    Impeccably maintained duplex near downtown Ionia, fully rented.

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    Ionia Multi-Unit Brick Property
    Ionia Multi-Unit Brick Property

    302 W Lincoln Avenue, Ionia, MI 48846

    $225,000
    0.26 AC lot

    Well-maintained duplex with recent updates and immediate rental income.

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    Two-Unit Residential Income Property
    Two-Unit Residential Income Property

    415 Ionia Street, Belding, MI 48809

    $194,900
    0.22 AC lot

    Two well-maintained units feature separate driveways, private backyards, and 2019 remodels including windows, furnace, and A/C.

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    Duplex-Style Apartment Community
    Duplex-Style Apartment Community

    1030 Te Ann Ct, Lake Odessa, MI 48849

    $1,325,000
    2.90 AC lot

    18-unit multifamily community featuring nine duplex-style buildings with off-street parking and tenant-paid gas and electric.

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    Residential Income Duplex
    Residential Income Duplex

    2389 N State Road, Ionia, MI 48846

    $299,900
    3.68 AC lot

    Well-cared duplex offers flexible single or two-unit use with a full basement and newer metal roof.

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    Mixed-Use Building with Retail
    Mixed-Use Building with Retail

    405 W Main Street, Ionia, MI 48846

    $700,000

    Fully leased mixed-use building with street-level retail and five leased apartments on the second floor.

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    Remodeled Two-Unit Residential Duplex
    Remodeled Two-Unit Residential Duplex

    415 Ionia St, Belding, MI 48809

    $194,900

    Well-maintained duplex with separate driveways, private backyards, and remodeled units offering flexible owner-occupant or investor use.

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    Updated Triplex with Owner-Occupied Unit
    Updated Triplex with Owner-Occupied Unit

    145 Lafayette St, Ionia, MI 48846

    $274,900

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

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    Well-Maintained Duplex For Sale
    Well-Maintained Duplex For Sale

    610-612 N Dexter St, Ionia, MI 48846

    $350,000

    Well-maintained duplex with two units, each featuring a full basement for additional storage and space.

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    Well-Maintained Duplex with Garages
    Well-Maintained Duplex with Garages

    115 E Congress St, Belding, MI 48809

    $225,000

    Two spacious units each have separate ground-level entrances, private basement laundry hookups, and individually metered utilities.

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    Ionia Duplex with Recent Upgrades
    Ionia Duplex with Recent Upgrades

    258 E Adams St, Ionia, MI 48846

    $175,000

    Well-maintained Ionia duplex with significant capital improvements and strong occupancy.

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    Ionia Two-Unit Brick Property
    Ionia Two-Unit Brick Property

    302 W Lincoln Ave, Ionia, MI 48846

    $225,000

    Well-maintained duplex on corner lot with recent updates.

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    2-Unit Duplex with Detached Garage
    2-Unit Duplex with Detached Garage

    115 E Congress Street, Belding, MI 48809

    $220,000

    Separate entrances, individually metered utilities, and private basement laundry areas support each unit.

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    Mixed-Use Income Property
    Mixed-Use Income Property

    104 Prairie Street, Lyons, MI 48851

    Contact for pricing

    Seven-unit building with apartments plus retail, office space, and a post office, maintained and updated for strong rental history.

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    Residential Duplex with Yard
    Residential Duplex with Yard

    448 Harter Street, Ionia, MI 48846

    $150,000

    Duplex for sale with a yard, garage, and screened porch on the lower unit.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 19 Active Listings in Ionia County, MI

    Ionia County, MI Multifamily Properties Market Trends and Statistics

    Explore 19 multifamily properties for sale in Ionia County, MI, showcased through 19 active listings on our real estate platform. These investment opportunities span a total of 22,772 square feet of properties for sale, with an estimated market value of $6,749,500.

    Sale prices for multifamily properties in Ionia County, MI start at $150,000, averaging $374,972, and reaching up to $1,325,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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