NOT LISTED FOR SALE

158 E Adams St Ionia, MI 48846

Estimated Value: $191,000 - $236,914

3 Beds
2 Baths
2,196 Sq Ft
$96/Sq Ft Est. Value

Last Sold January 03, 2024

Last sale price $210,000 $96 Per Sq Ft

Current estimated payment $1,537/month

2 Days on Market

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • 1-minute walk to Balice Park
  • 2 Car Garage

About This Home

As of January 2024

Incredible Investment opportunity! Huge 'Turnkey' Multifamily that was just updated with new flooring, fixtures, doors, and windows throughout. Completely new kitchens and baths. ALL SEPERATE UTILITIES including water/sewer/trash. 2 Brand New water heaters. Metal roof was professionally sealed. Both units are extremely spacious, and both have private laundry facilities. Large 2-stall garage with new auto doors. Great location a stone throw to parks, Meijer walk trail and a couple blocks to downtown. Perfect setup for Investors or Owner occupant. Hurry to show!

Last Agent to Sell the Property

Darin Elliott

Greenridge Realty (Ionia) Listed on: 12/07/2023

Last Buyer's Agent

Olivia Abram

Century 21 Affiliated (GR) License #6501414491

Century 21 Affiliated (GR)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,290

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 28x132

Parking

  • 2 Car Garage

Home Design

  • Metal Roof
  • Vinyl Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Basement Fills Entire Space Under The House
  • Mineral Rights Excluded

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, water, trash, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,290

Year Built

Built in 1900

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 28x132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: R
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Mineral Rights:No: Yes
  • Roofing:Metal: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 209900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Metal
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0
  • Extras:Garages: Yes

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Storm Sewer

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Dimensions: 28x132
  • Lot Size Sq Ft: 4356.0
  • Zoning Description: R

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electric, Water, Trash, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1290.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2023
Closed on
Jan 3, 2024
Sold by
Cook Greg
Bought by
Clouse Andrew
Seller's Agent
Darin Elliott
Greenridge Realty (Ionia)
Buyer's Agent
Olivia Abram
Century 21 Affiliated (GR)
List Price
$209,900
Sold Price
$210,000
Premium/Discount to List
$100
0.05%
Views
29
Current Estimated Value
$209,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21
Avg. Annual Appreciation
-0.00%
Original Mortgage
$157,500
Outstanding Balance
$154,578
Interest Rate
6.64%
Mortgage Type
Construction
Estimated Equity
$55,401

Purchase Details

Listed on
Sep 7, 2023
Closed on
Sep 26, 2023
Sold by
4Th Street Property Llc
Bought by
Cook Greg
Seller's Agent
Darin Elliott
Greenridge Realty (Ionia)
Buyer's Agent
Darin Elliott
Greenridge Realty (Ionia)
List Price
$74,900
Sold Price
$70,000
Premium/Discount to List
-$4,900
-6.54%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5749.46%

Purchase Details

Closed on
Mar 6, 2023
Sold by
Dsv Spv1 Llc
Bought by
4Th Street Property Llc

Purchase Details

Closed on
Jun 9, 2017
Sold by
Kaja Holdings 2 Llc
Bought by
Dsv Spvi Llc

Purchase Details

Closed on
Jul 18, 2013
Sold by
Boley Wayne A and Boley Tamara L
Bought by
The Huntington National Bank

Purchase Details

Closed on
Feb 18, 1999
Bought by
Huntington National Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Clouse Andrew $210,000 --
Cook Greg $70,000 --
4Th Street Property Llc $47,500 --
Dsv Spvi Llc $69,900 None Available
The Huntington National Bank $55,212 None Available
Huntington National Bank $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clouse Andrew $157,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/03/2024 01/03/24 Sold $210,000 0.0% $96 / Sq Ft
12/09/2023 12/09/23 Pending -- -- --
12/07/2023 12/07/23 For Sale $209,900 +2523.8% $96 / Sq Ft
09/30/2014 09/30/14 Sold $8,000 -67.9% $4 / Sq Ft View Prior Sale
07/31/2014 07/31/14 Pending -- -- --
04/21/2014 04/21/14 For Sale $24,900 -- $11 / Sq Ft
Source: MichRIC

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,488 $96,900 $10,400 $86,500
2024 $52 $96,900 $10,400 $86,500
2023 $1,096 $18,200 $7,700 $10,500
2022 $2,007 $16,200 $6,800 $9,400
2021 $1,062 $14,100 $6,800 $7,300
2020 $688 $14,100 $6,800 $7,300
2019 $529 $13,200 $5,600 $7,600
2018 $700 $11,500 $5,000 $6,500
2017 $523 $11,500 $5,000 $6,500
2016 $529 $31,300 $2,500 $28,800
2015 -- $31,300 $2,500 $28,800
2014 $1,520 $28,800 $3,600 $25,200
Source: Public Records

Agents Affiliated with this Home

  • Darin Elliott

    Seller's Agent in 2024

    Darin Elliott

    Greenridge Realty (Ionia)

    (616) 902-2235

    236 in this area

    596 Total Sales

    Darin Elliott
    Section Image
  • Olivia Abram

    Buyer's Agent in 2024

    Olivia Abram

    Century 21 Affiliated (GR)

    (616) 337-8924

    3 in this area

    73 Total Sales

    Olivia Abram
    Section Image
  • Joe Mullaney

    Seller's Agent in 2014

    Joe Mullaney

    RE/MAX Michigan

    (517) 325-5888

    159 Total Sales

    Joe Mullaney
    Section Image
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Map

Source: MichRIC

MLS Number: 23144238

MichRIC

APN: 203-090-000-165-00

Michigan Ionia County Ionia 48846

158 E Adams St, Ionia, MI

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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