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    Ionia County, MI Residential Income 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
    View Property Analytics
    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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    Updated Duplex with Garage
    Updated Duplex with Garage

    636 Hackett Street, Ionia, MI 48846

    $315,000
    0.21 AC lot

    Two-unit property with separate electric and gas metering, central air, and in-unit laundry.

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

    405 W Main Street, Ionia, MI 48846

    $700,000

    Street-level retail complements leased apartments and a third-floor loft conversion opportunity.

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    Renovated Duplex with Garage
    Renovated Duplex with Garage

    1055 Tupper Lake St, Lake Odessa, MI 48849

    $269,900

    Two-unit property with separate utilities and extensive 2023 updates throughout.

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

    145 Lafayette St, Ionia, MI 48846

    $264,900

    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

    $199,900

    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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    Approved 3-Unit Triplex
    Approved 3-Unit Triplex

    146 Church St, Saranac, MI 48881

    $95,000

    Variance approval supports a three-unit residential income configuration with rear parking.

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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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    Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 16 Active listings in Ionia County, MI, we suggest exploring several alternatives: similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land with Pole Building, Ionia
    Land with Pole Building, Ionia

    2180 Harwood Road, Ionia, MI 48846

    $199,900
    2.60 AC lot

    2.6 acres with a well-built pole building in Ionia.

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    Residential Lot Ready to Build
    Residential Lot Ready to Build

    119 Lafayette Street, Ionia, MI 48846

    Contact for pricing
    6,534 sqft 0.15 AC lot

    Residential lot in Ionia, ideal for building a home.

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    Multifamily Zoned Land Opportunity
    Multifamily Zoned Land Opportunity

    407 Forest Street, Ionia, MI 48846

    Contact for pricing
    13,939 sqft 0.32 AC lot

    Desirable .32 acre lot zoned for multifamily development.

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    Ionia Land for Multifamily Development
    Ionia Land for Multifamily Development

    407 Forest Street, Ionia, MI 48846

    Contact for pricing
    0.45 AC lot

    Land zoned for multi-family development in desirable Ionia neighborhood.

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    Off-Market Properties in Ionia County, MI

    Consider similar Off-Market properties in Ionia County, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Vl Charlotte Hwy
    Land

    0 Vl Charlotte Hwy, Portland, MI 48875

    Value Estimation by Request
    9.32 AC lot
    View details

    Ionia County, MI Residential Income Properties Market Trends and Statistics

    Explore 17 residential income properties for sale in Ionia County, MI, showcased through 16 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 $6,184,500.

    Sale prices for residential income properties in Ionia County, MI start at $95,000, averaging $412,300, 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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