302 W Lincoln Avenue Ionia, MI ^$ 245,000

302 W Lincoln Avenue

^$ 245,000

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Recently Listed

302 W Lincoln Avenue

Ionia, MI, 48846

^$ 245,000

Studio 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.

Multi-Family Active

Price

^$ 245,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 3,515

Style

Lot Size

0.26

Year Built

1920

Town/City

Ionia

County/Region

Ionia

MLS | Web ID

70515938

Features

General

Heating Baseboard Hot Water

Cooling None

Garage Additional Garage(s)

Status Active Active

Year Built 1920

County Ionia

Class MULTIFAMILY

Type Multi-Family

Municipality Ionia

Zoning Residential

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Ionia (34020)

Primary City Ionia

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

School District Ionia County ISD

Financial Terms Cash Conventional FHA

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

DOM 1

Postal Code 48846

Public Remarks Presenting this solid brick

Exterior

Exterior Brick Wood

Frontage 99

Lot Size Area 0.26

Lot Dimensions 99x115

Lot Description Sidewalks

Roads City/County Paved Street

Waterfront Y/N No

Interior

Total Number of Units 2

Fuel Type Natural Gas

* Excluded Features

List By

Justin Hendrick

Listing Agent

Five Star Real Estate (Ada)

Broker

jhendrick.realtor@gmail.com

Affordability Calculator

$1,801

Per Month

Monthly Principal & Interest: $1,509
Monthly Property Taxes: $293
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Ionia, MI

Average List Price ^$197,450

Percent of Sale Price 19%

About Ionia, MI

11,154 Population

20% Since 2002

^$36,813 Median Income

34.21 Median Age

33% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2941498 Elementary School

2941501 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/20/2026	$245,000		Listed Price

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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

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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302 W Lincoln Avenue

Multi-Family Home for sale in Ionia, MI

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