1054 Ionia Avenue Grand Rapids, MI ^$ 459,900

1054 Ionia Avenue

^$ 459,900

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Recently Listed

1054 Ionia Avenue

Grand Rapids, MI, 49507

^$ 459,900

Studio Baths0.0 Sq 3,774

Monthly Estimate*

^$ 2,904

1054 Ionia Avenue, Grand Rapids, MI 49507 - Image 1

1054 Ionia Avenue, Grand Rapids, MI 49507 - Image 2

1054 Ionia Avenue, Grand Rapids, MI 49507 - Image 3

1054 Ionia Avenue, Grand Rapids, MI 49507 - Image 4

Studio

Multi-Family Home for sale in Grand Rapids, MI

for $459,900. This 3,774 square foot home was built in 1910 on a lot size of 0.11.

**Rare 4-unit investment opportunity in Grand Rapids, offering immediate cash flow with room to grow, plus a built-in owner-occupant option.** All four units feature matching two bedroom, one bath layouts, keeping management simple and turnover predictable. The roof and windows were noted the time of purchase to have been recently replaced. One unit is currently vacant, ready to lease immediately or move into yourself, making this a great house-hack opportunity: live in one unit while the other three help cover the mortgage. For investors, that same vacancy is simply ready-to-lease upside.

Multi-Family Active

Price

^$ 459,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 6,239

Style

Lot Size

0.11

Year Built

1910

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

70557603

Features

General

Heating Forced Air

Status Active Active

Year Built 1910

County Kent

Class MULTIFAMILY

Type Multi-Family

Municipality Grand Rapids

Zoning Residential

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Grand Rapids (41032)

Primary City Grand Rapids

City Grand Rapids

School District Grand Rapids City School Distric

Financial Terms Cash Conventional

Legal Description N 42 FT OF LOT 26 & S 5 FT OF W 75 FT OF LOT 25* NAEGLE S FOURTH ADDITION

DOM 2

Postal Code 49507

Price Per Sq Ft Total AG 121.86

Public Remarks **Rare 4-unit investment opportunity in Grand Rapids offering immediate cash flow with room to grow plus a built-in owner-occupant option.** All four units feature matching two bedroom

Exterior

Exterior Brick

Frontage 42

Lot Size Area 0.11

Lot Dimensions 42x102

Lot Description Sidewalks

Roads Paved Street

Waterfront Y/N No

Interior

Total Number of Units 4

Fuel Type Natural Gas

* Excluded Features

List By

Angela Worth

Listing Agent

Bellabay Realty (North)

Broker

angelaworth616@gmail.com

Affordability Calculator

$3,424

Per Month

Monthly Principal & Interest: $2,904
Monthly Property Taxes: $520
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Grand Rapids, MI

Average List Price ^$407,149

Percent of Sale Price 11%

About Grand Rapids, MI

199,553 Population

1% Since 2002

^$43,558 Median Income

34 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3147031 Elementary School

3147033 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/9/2026	$459,900		Listed Price

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1054 Ionia Avenue, Grand Rapids, MI, 49507 is a Multi-Family Home for sale at $459,900 with 3,774 sqft and a lot size of 0.11. 1054 Ionia Avenue is a studio with 0.0 baths and was built in 1910. The property's zip code is 49507 which is in Grand Rapids, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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1054 Ionia Avenue

Multi-Family Home for sale in Grand Rapids, MI

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