$240,000
SOLD JUN 27, 2025

704 E Lincoln Ave Ionia, MI 48846

-- Bed
-- Bath
1,824 Sq Ft
9,104 Sq Ft Lot

Recently Sold

$132 Per Sq Ft

17% Above List Price

5 Days on Market

Highlights

  • 1 Fireplace
  • Corner Lot: Yes
  • Baseboard Heating

About This Home

As of June 2025

Extremely hard to find, Affordable and very well kept multi-family home on corner lot off Ionia's M21 corridor. Desirable and convenient location close to schools, parks, and easy commutes. Both units offer Open living space, 2 Beds, kitchen/dining area and all appliances. Separate utilities. Upper unit has been completely remodeled. Lower unit has new floors throughout. New Front Door. Plenty of off-street parking. This is a true 'Turn-Key' Investment!

Last Agent to Sell the Property

Darin Elliott

Greenridge Realty (Ionia) Listed on: 05/26/2025

Last Buyer's Agent

James Perry

Clarity Realty Allied License #6501381007

Clarity Realty Allied

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,211

Year Built

  • Built in 1987

Lot Details

  • 9,104 Sq Ft Lot
  • Lot Dimensions are 69x132
  • Corner Lot: Yes

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1 Fireplace
  • Laundry on main level

Parking

  • 4 Parking Spaces
  • Driveway
  • Paved Parking

Utilities

  • No Cooling
  • Baseboard Heating
  • Cable TV Available

Community Details

  • 2 Units
  • Gross Income $9,600

Listing and Financial Details

  • Tenant pays for electric, water, trash, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,211

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1987
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 69x132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 4211.0
  • Tax Info:Zoning3: RT
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Lot Description:Corner Lot: Yes
  • Heat Type:Baseboard: Yes
  • Laundry Features Main Level: Yes
  • Utilities Attached Electricity Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Utilities Attached Phone Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Other
  • Basement: No

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 205000.0
  • Lot Features: Sidewalk, Corner Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway, Paved
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Baseboard
  • Heating: Yes
  • Laundry Features: Main Level
  • Utilities: Natural Gas Available, Cable Available, Phone Connected, Electricity Connected, Cable Connected
  • Heat Source:Electric2: Yes

Lot Info

  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Dimensions: 69x132
  • Lot Size Sq Ft: 9104.0
  • Zoning Description: RT

Rental Info

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

Multi Family

  • Gross Income: 9600.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4211.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 1987
Bought by
Fineis Stephen R and Fineis Judy J
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $3,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $118,215 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Sold $240,000 +17.1% $132 / Sq Ft
05/31/2025 05/31/25 Pending -- -- --
05/26/2025 05/26/25 For Sale $205,000 -- $112 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $4,210 $85,000 $12,400 $72,600
2024 $4,008 $85,000 $12,400 $72,600
2023 $3,822 $66,900 $9,200 $57,700
2022 $2,656 $60,000 $8,100 $51,900
2021 $2,710 $50,100 $8,100 $42,000
2020 $2,561 $50,100 $8,100 $42,000
2019 $2,290 $50,600 $6,700 $43,900
2018 $2,608 $47,500 $6,000 $41,500
2017 $2,263 $47,500 $6,000 $41,500
2016 $2,290 $42,000 $5,000 $37,000
2015 -- $42,000 $5,000 $37,000
2014 $1,972 $39,000 $6,200 $32,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 25024209

Southwestern Michigan Association of REALTORS®

APN: 204-100-000-130-00