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302 W Lincoln Avenue Ionia, MI $ 245,000
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$ 245,000 Get more info
302 W Lincoln Avenue
$ 245,000
Back to search
Share Save

302 W Lincoln Avenue

Ionia, MI, 48846
$ 245,000
Baths0.0

Monthly Estimate*

$ 1,509

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Studio

Multi-Family Home for sale in Ionia, MI

for $245,000. This home was built in 1920 on a lot size of 0.26.

Presenting this solid brick, two-unit property situated on a corner lot in the City of Ionia. This well-maintained property offers immediate rental income and a solid investment opportunity. The lower unit features 2 bedrooms and 1 full bath, while the upper unit offers 3 bedrooms and 1 full bath. The upper unit has been recently remodeled, including new windows and a fully updated bathroom. Additional improvements include a new boiler system, updated electrical, and new flooring installed in both units. The brick exterior offers durability and timeless appeal, and the corner lot provides added visibility and natural light. Altogether, this duplex offers functional updates and long-term potential.

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Multi-Family Active

Price

$ 245,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,515

Style

2 to 4 Units

Lot Size

0.26

Year Built

1920

Town/City

Ionia

County/Region

Ionia

MLS | Web ID

26006257
Features
General
Sewer Public Sewer
Heating Baseboard Hot Water
Cooling None
Utilities Natural Gas Available Electricity Available Natural Gas Connected Electricity Connected
Possession Close Of Escrow Negotiable Subject To Tenant Rights
Roof Metal
Construction Materials Brick Wood Siding
Year Built 1920
Tenant Pays Electric
Township Ionia City
Property Subtype 2 to 4 Units
Tax Year 2024
Ownership Private Owned
County Ionia
New Construction N
Property Type Multi Family
Attached Garage N
Status Active
Directions From M-21 continue west as it becomes Lincoln Ave. Property is located on the north side of the street at the corner. From M-66 turn west onto Lincoln Ave to property on the north side at the corner.
City Ionia
High School District Ionia
Zoning Description Residential
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 11387.0
Listing Terms FHA Cash Conventional
Land Lease Y/N N
Tax Annual Amount 3515.52
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 85600
Legal Description CITY OF IONIA C. LOVELLS ADDITION S 7RDS OF W 1RD OF LOT 3 & S 7RDS LOT 4 OF SAME ADD EXCEPT THE WEST 33 FEET OF THE SOUTH 115 FT OF LOT 4
Senior Community None
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Interior
Basement Full
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Laundry Features Electric Dryer Hookup In Basement Washer Hookup
Total Baths 0
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Exterior
Parking Features Unpaved
Lot Features Level Sidewalk Corner Lot
Total Parking 2.0
Lot Size Area 0.26
Number of Buildings 2
Spa N
Lot Dimensions 99x115
Lot Size Acres 0.26
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 1 302
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* Excluded Features
List By
Five Star Real Estate (Ada)

Broker

jhendrick.realtor@gmail.com

Email

Affordability Calculator

$1,801
Per Month
84%
16%
0%
Monthly Principal & Interest
$1,509
Monthly Property Taxes
$293
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
2/20/2026$245,000 Listed Price

Map

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302 W Lincoln Avenue, Ionia, MI, 48846 is a Multi-Family Home for sale at $245,000 with a lot size of 0.26. 302 W Lincoln Avenue is a studio with 0.0 baths and was built in 1920. The property's zip code is 48846 which is in Ionia, MI

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