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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

MultiFamily

Lot Size

0.26

Year Built

1920

Town/City

Ionia

County/Region

Ionia

MLS | Web ID

65026006257
Features
General
Sewer PublicSewer SewerAtStreet
Heating Baseboard HotWater NaturalGas
Utilities ElectricityConnected NaturalGasConnected SewerConnected
Possession CloseOfEscrow Negotiable SubjectToTenantRights
Roof Metal
Construction Materials Brick WoodSiding
Year Built 1920
Property Subtype MultiFamily
Tax Year 2024
Community Features Sidewalks
County Ionia
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N 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 corne
City IoniaCity_Ionia
Senior Community Y/N N
High School District Ionia
Zoning Description Residential
Number Of Units Total 2
MLS Area Area34072Ionia
Lot Size Units SquareFeet
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 3515.52
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered 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
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Interior
Basement Full
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Laundry Features InBasement WasherHookup
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Exterior
Parking Features Garage Unpaved
Lot Features CornerLot Level
Water Source Public
Total Parking 2.0
Lot Size Area 11387.0
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
Road Responsibility PublicMaintainedRoad
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
Justin W Hendrick

Listing Agent

Five Star Real Estate (Ada)

Broker

(616) 914-9707

Phone

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
1606292 Elementary School
1606296 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
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

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