Ionia, MI Residential Income Properties for Sale

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12 properties

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Updated: Apr 30

Brick Mixed-Use Building

405 W Main Street, Ionia, MI 48846

$700,000

11,386 sqft 0.21 AC lot

11,386‑square‑foot mixed‑use building on a 0.21‑acre site
Five second‑floor apartments, all currently leased
Two street‑level retail spaces on W Main Street
Third floor offers potential for four loft‑style apartments
Brick construction dating to 1890

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Updated: Jun 11

Updated Triplex with Vinyl Siding

145 Lafayette Street, Ionia, MI 48846

$249,900

0.14 AC lot

Three‑unit multifamily property with five bedrooms and three bathrooms
Updated units with replacement windows and vinyl siding
Approximately 0.14 acres in Ionia, MI
Forced‑air heating and composition roof
Basement included; cable available

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Updated Duplex with Garage

636 Hackett Street, Ionia, MI 48846

$315,000

0.21 AC lot

Separate utility metering, central air, and in-unit laundry serve both residences.

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See what stands out in Ionia County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in

NOI available after sign in

Local Demand available after sign in

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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Duplex with Full Basements

610-612 N Dexter Street, Ionia, MI 48846

$350,000

0.18 AC lot

Well-maintained duplex with separate basement space for each unit and natural gas availability.

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Duplex with Fenced Dog Park

2389 N State Road, Ionia, MI 48846

$289,900

3.68 AC lot

Two-unit configuration with separate basements, central air, natural gas, and a fenced dog park with electronic access.

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

Duplex Requiring Restoration

206 S Jefferson Street, Ionia, MI 48846

$55,000

0.29 AC lot

Two-unit residential property with fire damage, basement space, and forced-air heating.

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Ionia Duplex with Recent Upgrades

258 East Adams Street, Ionia, MI 48846

$175,000

576 sqft

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

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Updated Duplex with Attached Garage

258 E Adams Street, Ionia, MI 48846

$175,000

0.06 AC lot

Fully leased duplex with refreshed building systems, modernized kitchens, and convenient access to downtown amenities.

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12-Unit Apartment Building Under Construction

533 E Washington St, Ionia, MI 48846

$650,000

4,300 sqft

Partially developed multifamily project with approved unit count and PUD-3 zoning in Ionia.

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Updated Triplex with Owner-Occupied Unit

145 Lafayette St, Ionia, MI 48846

$249,900

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

610-612 N Dexter Street, 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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Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 12 Active listings in Ionia, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

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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Renovated Duplex with Garage

1055 Tupper Lake Street, Lake Odessa, MI 48849

$279,900

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

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Updated Duplex Near Downtown

211 E Coffren, Greenville, MI 48838

$225,000

Two residences offer distinct layouts, individual climate systems, and separate outdoor areas.

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Greenville MI Duplex Lot

1460-1462 Trail View Drive, Greenville, MI 48838

$65,000

Multi-family duplex lot in Forest View Condominium community.

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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.

Ionia Land for Multifamily Development

407 Forest Street, Ionia, MI 48846

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0.45 AC lot

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

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Multi-Family Zoned Land Opportunity

407 Forest Street, Ionia, MI 48846

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0.32 AC lot

0.32 acre lot zoned for multi-family development.

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Ionia Land Zoned Multi-Family

407 Forest Street, Ionia, MI 48846

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0.45 AC lot

Land in Ionia zoned for multi-family development.

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Residential Lot Ready to Build

119 Lafayette Street, Ionia, MI 48846

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6,534 sqft 0.15 AC lot

Residential lot in Ionia, ideal for building a home.

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Ionia, MI Residential Income Properties Market Trends and Statistics

Explore 12 residential income properties for sale in Ionia, MI, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 27,648 square feet of properties for sale, with an estimated market value of $4,259,700.

Sale prices for residential income properties in Ionia, MI start at $55,000, averaging $354,975, and reaching up to $700,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 22K

Population Growth (5Y) +10.1%

Median Household Income $66,717

College Educated 15.6%

High-Yield Neighborhoods for Investment

Identify Ionia submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
48846	$355.8K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Ionia County

New Delisted

Total CRE Inventory on Market (SF)

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