Estimated payment $1,120/month
Highlights
- Corner Lot
- High Speed Internet
- 1-minute walk to Balice Park
- Forced Air Heating System
About This Home
Maximize your ROI with this impeccably maintained duplex in the heart of Ionia. This is a rare ''plug-and-play'' opportunity where all the heavy lifting has already been completed, as the property has undergone a massive overhaul since 2018 designed to minimize future overhead and maximize peace of mind. Significant capital improvements include a complete replacement of the main sewer line, new main water line, two new furnaces, two new water heaters, new vinyl siding, energy-efficient windows, new roof over the garage, and a freshly paved driveway and sidewalks. The interior is equally impressive, featuring modernized kitchens with newer appliances and two 1-bedroom, 1-bathroom units that have enjoyed a consistent and strong occupancy history. The upper unit offers a premium feature for tenants with its own attached garage, adding further value to the asset. Perfectly situated just a short distance from the trails, parks, and charming shops of Historic Downtown Ionia, this property is ideally positioned to attract and retain quality long-term residents. Whether you are looking to start your portfolio or add a low-maintenance cornerstone asset, this duplex is fully rented and ready for a seamless transition to its next owner.
Listing Agent
Keller Williams Realty Rivertown License #6501459669 Listed on: 04/13/2026
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $1,990
Year Built
- Built in 1947
Lot Details
- 2,614 Sq Ft Lot
- Lot Dimensions are 33x85
- Corner Lot
Home Design
- Metal Roof
- Aluminum Siding
Basement
- Michigan Basement
Parking
- 2 Parking Spaces
- Driveway
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Connected
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- The owner pays for sewer, trash collection, water
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $730
- Utility Expense $1,600
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,912 | $52,000 | $8,600 | $43,400 |
| 2024 | $18 | $52,000 | $8,600 | $43,400 |
| 2023 | $1,736 | $39,700 | $6,400 | $33,300 |
| 2022 | $1,653 | $35,600 | $5,600 | $30,000 |
| 2021 | $1,687 | $28,900 | $5,600 | $23,300 |
| 2020 | $1,595 | $28,900 | $5,600 | $23,300 |
| 2019 | $1,051 | $28,700 | $4,600 | $24,100 |
| 2018 | $1,311 | $24,400 | $4,100 | $20,300 |
| 2017 | $1,039 | $24,400 | $4,100 | $20,300 |
| 2016 | $1,051 | $20,000 | $2,500 | $17,500 |
| 2015 | -- | $20,000 | $2,500 | $17,500 |
| 2014 | $1,246 | $18,900 | $3,600 | $15,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/13/2026 04/13/26 | For Sale | $180,000 | +278.9% | -- | |
| 11/21/2018 11/21/18 | Sold | $47,500 | -13.5% | $34 / Sq Ft | View Prior Sale |
| 10/22/2018 10/22/18 | Pending | -- | -- | -- | |
| 10/16/2018 10/16/18 | For Sale | $54,900 | +322.3% | $39 / Sq Ft | |
| 10/03/2014 10/03/14 | Sold | $13,000 | -71.0% | $9 / Sq Ft | View Prior Sale |
| 09/22/2014 09/22/14 | Pending | -- | -- | -- | |
| 01/27/2014 01/27/14 | For Sale | $44,900 | -- | $32 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $47,500 | -- | |
| Deed | $48,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $35,620 | Purchase Money Mortgage |
Source: MichRIC
MLS Number: 26015090
APN: 203-090-000-090-00
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