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22 Wager Place Ionia, MI $ 374,900
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$ 374,900 Get more info
22 Wager Place
$ 374,900
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22 Wager Place

Ionia, MI, 48846
$ 374,900
Baths0.0

Monthly Estimate*

$ 2,339

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View a Virtual Tour
Studio

Multi-Family Home for sale in Ionia, MI

for $374,900. This home was built in 1901 on a lot size of 0.25.

Investor's dream or ideal owner-occupy opportunity! This fully occupied 4-unit multi-family property sits on a desirable corner lot and is a rare find for those looking to expand their portfolio or offset their mortgage with rental income. All units are on month-to-month leases, offering steady cash flow and flexibility for the new owner. Each unit is well-maintained with spacious layouts, plenty of natural light, and separate utilities. Tenants enjoy off-street parking and a quiet, well-kept setting. Whether you're planning a 1031 exchange, portfolio expansion, or house-hacking strategy, this property offers both immediate income and long-term upside. Potential to increase rents or upgrade units to boost value. Located near schools, shopping, and local amenities. Don't miss this chance to own a turn-key investment in a strong rental market. Schedule your showing today and start building wealth through real estate!

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Multi-Family Pending

Price

$ 374,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 7,671

Style

2 to 4 Units

Lot Size

0.25

Year Built

1901

Town/City

Ionia

County/Region

Ionia

MLS | Web ID

25040716
Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Window Unit(s)
Utilities Phone Available Natural Gas Available Electricity Available Cable Available Phone Connected Natural Gas Connected Electricity Connected Cable Connected Storm Sewer
Possession Close Of Escrow Subject To Tenant Rights
Roof Metal
Construction Materials Vinyl Siding
Year Built 1901
Tenant Pays Electric Gas
Township Ionia City
Property Subtype 2 to 4 Units
Tax Year 2024
Ownership Private Owned
County Ionia
New Construction N
Property Type Multi Family
Status Pending
Directions Corner of E Washington and Wager place just West of the hospital
City Ionia
High School District Ionia
Zoning Description res
Number Of Units Total 4
MLS Area Grand Rapids - G
Lot Size Units Acres
Lot Size Square Feet 10890.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 7671.0
Lease Renewal Y/N N
MLS Area Minor Grand Rapids - G
Additional Parcels Y/N N
Rent Control Y/N N
Virtual Tour https://www.zillow.com/view-imx/06e1bc16-ae31-4eb8-ae8f-27d034f77577/?utm_source=captureapp
Standard Status Pending
Occupancy Type Tenant
Tax Assessed Value 135450
Legal Description CITY OF IONIA SUP. TAYLOR SECOND ADD N 82FT OF LOT 40
Senior Community None
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Interior
Basement Full
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Laundry Features In Basement
Total Baths 0
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Exterior
Lot Features Corner Lot
Total Parking 8.0
Lot Size Area 0.25
Number of Buildings 1
Spa N
Lot Dimensions 82x132
Lot Size Acres 0.25
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 22
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* Excluded Features
List By
Michigan Top Producers

Broker

lin@michigantopproducers.com

Email

Affordability Calculator

$2,978
Per Month
79%
21%
0%
Monthly Principal & Interest
$2,339
Monthly Property Taxes
$639
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
249514 Elementary School
250319 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/9/2025$374,900 -11.79% Price Down
8/12/2025$425,000 Listed Price

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22 Wager Place, Ionia, MI, 48846 is a Multi-Family Home for sale at $374,900 with a lot size of 0.25. 22 Wager Place is a studio with 0.0 baths and was built in 1901. The property's zip code is 48846 which is in Ionia, MI

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