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145 Lafayette Street Ionia, MI $ 274,900
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145 Lafayette Street
$ 274,900
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145 Lafayette Street

Ionia, MI, 48846
$ 274,900
Baths0.0

Monthly Estimate*

$ 1,736

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Studio

Multi-Family Home for sale in Ionia, MI

for $274,900. This home was built in 1900 on a lot size of 0.14.

Investment and/or Owner Occupied Opportunity Alert! Current rents $1250 & $1100, with owner occupying the 3rd unit, potential to earn $3,000/month. Rare and outstanding opportunity to own an income-producing triplex in a convenient location close to downtown! All three units have been updated, offering modern appeal for tenants and reduced maintenance concerns. Updated windows and siding add even more value to this turnkey property. Whether you're looking to expand your investment portfolio or live in one unit while generating income from the others, this property offers flexibility and excellent cash flow potential. Opportunities like this do not come around often!

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Multi-Family Active

Price

$ 274,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,481

Style

2 to 4 Units

Lot Size

0.14

Year Built

1900

Town/City

Ionia

County/Region

Ionia

MLS | Web ID

26028658
Features
General
Heating Forced Air
Cooling None
Utilities Phone Available Cable Available Phone Connected Natural Gas Connected Electricity Connected Cable Connected
Possession Close Plus 30 Days
Roof Composition
Construction Materials Vinyl Siding
Year Built 1900
Tenant Pays None
Township Ionia City
Property Subtype 2 to 4 Units
Tax Year 2026
County Ionia
New Construction N
Property Type Multi Family
Attached Garage N
Status Active
Directions Bluewater Hwy (M-21) past M-66 South to Rich Right to Lafayette right to home
City Ionia
High School District Ionia
Zoning Description RES
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 6098.0
Listing Terms VA Loan FHA Cash Conventional
Land Lease Y/N N
Tax Annual Amount 3481.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 91608
Legal Description CITY OF IONIA SUP. WILLIAMS ADD LOT 28
Senior Community None
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Interior
Basement Michigan Basement
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Paved
Total Parking 3.0
Lot Size Area 0.14
Number of Buildings 1
Spa N
Lot Dimensions 47x132
Lot Size Acres 0.14
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 1 145
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* Excluded Features
List By
Five Star Real Estate (Walker)

Broker

garrett@dolcigroup.com

Email

Affordability Calculator

$2,026
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,736
Monthly Property Taxes
$290
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
6/25/2026$274,900 -8.34% Price Down
6/11/2026$299,900 Listed Price

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145 Lafayette Street, Ionia, MI, 48846 is a Multi-Family Home for sale at $274,900 with a lot size of 0.14. 145 Lafayette Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 48846 which is in Ionia, MI

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