Properties for sale in Michigan

258 E Adams Street, Ionia, MI 48846

$175,000

Property Type: Multi Family Lot Size (sq. ft.): 2,614 Status: Pending

Current Price: $175,000 List Date: 4/13/2026 Last Modified: 8/21/2026

Overview

Description

Maximize your ROI with this impeccably maintained duplex in the heart of Ionia. This is a rare ''plug-and-play'' opportunity where all the heavy lifting has already been completed, as the property has undergone a massive overhaul since 2018 designed to minimize future overhead and maximize peace of mind. Significant capital improvements include a complete replacement of the main sewer line, new main water line, two new furnaces, two new water heaters, new vinyl siding, energy-efficient windows, new roof over the garage, and a freshly paved driveway and sidewalks. The interior is equally impressive, featuring modernized kitchens with newer appliances and two 1-bedroom, 1-bathroom units that have enjoyed a consistent and strong occupancy history. The upper unit offers a premium feature for tenants with its own attached garage, adding further value to the asset.

Supplements: Perfectly situated just a short distance from the trails, parks, and charming shops of Historic Downtown Ionia, this property is ideally positioned to attract and retain quality long-term residents. Whether you are looking to start your portfolio or add a low-maintenance cornerstone asset, this duplex is fully rented and ready for a seamless transi ... (Read more)

Listing Details MLS# 26015090

Location Property Info

County: Ionia
Street #: 258
Street Direction: E
Street Name: Adams
Suffix: Street
State: MI
Zip Code: 48846
Zip (4): 1739

General Property Info

Lot Measurement: Acres
Lot Square Footage: 2614
Lot Acres: 0.06
Lot Dimensions: 33x85
Year Built: 1947
New Construction: No
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2018-02-01
Road Frontage: 33
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: Yes
Total Parking Spaces: 2
Waterfront: No
School District: Ionia
Basement: Yes

Tax Info

Tax ID #: 203-090-000-090-00
Taxable Value: 34817
SEV: 58500
For Tax Year: 2025
Seller's Annual Property Tax: 1990.07
Tax Year: 2025
Zoning: R1
Homestead %: 0
Spec Assessment & Ty: No

Remarks Misc

Directions: M66 in Ionia south of Main Street to Adams Street, east to property at the corner of Adams Street and Jackson Street.

Status Change Info

Under Contract Date: 2026-08-21

More Information

Access Feat

Accessibility Features: No

Income and Expenses

Annual Insurance: 730
Annual Utilities: 1600

Unit 1

Unit #: Yes
Unit Description: Lower
SqFt: 816
Occupied: Yes
Monthly Rent: 850
Bathrooms: Yes
Full Baths: Yes
Range Oven: Yes
Refrigerator: Yes
Sep. Heat System: Yes

Unit 2

Unit #: 2
Unit Description: Upper
SqFt: 576
Occupied: Yes
Monthly Rent: 900
Bathrooms: Yes
Full Baths: Yes
Garage: Yes
Range/Oven: Yes
Refrigerator: Yes
Sep. Heat System: Yes

Location & Property Info

Cross Streets: Jackson Street and Main Street
Property Sub-Type: 2 to 4 Units
Municipality: Ionia City

Office/Contract Info

Auction or For Sale: For Sale

Remarks & Misc

Public Remarks: Maximize your ROI with this impeccably maintained duplex in the heart of Ionia. This is a rare ''plug-and-play'' opportunity where all the heavy lifting has already been completed, as the property has undergone a massive overhaul since 2018 designed to minimize future overhead and maximize peace of mind. Significant capital improvements include a complete replacement of the main sewer line, new main water line, two new furnaces, two new water heaters, new vinyl siding, energy-efficient windows, new roof over the garage, and a freshly paved driveway and sidewalks. The interior is equally impressive, featuring modernized kitchens with newer appliances and two 1-bedroom, 1-bathroom units that have enjoyed a consistent and strong occupancy history. The upper unit offers a premium feature for tenants with its own attached garage, adding further value to the asset.
Legal: CITY OF IONIA SUP. COVERTS ADDITION LOT 20

Lot Description

Corner Lot: Yes
Sidewalk: Yes

Street Type

Paved: Yes

Util Avail at Street

Cable Available: Yes
High Speed Internet: Yes
None: Yes

Utilities Attached

Electricity Connected: Yes
Natural Gas Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Terms Available

Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Mineral Rights

No: Yes

Exterior Material

Aluminum Siding: Yes

Roofing

Metal: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Air Conditioning

None: Yes

Tenant Pays

Electric: Yes
Gas: Yes

Driveway

Concrete: Yes

Substructure

Michigan Basement: Yes

Extras

Tenant Storage: Yes

Owner Pays

Sewer: Yes
Trash Collection: Yes
Water: Yes

Possession

Close Of Escrow: Yes

Property Features

Exterior Material: Aluminum Siding Roofing: Metal Substructure: Michigan Basement Lot Description: Corner Lot; Sidewalk Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: Cable Available; High Speed Internet; None Extras: Tenant Storage Owner Pays: Sewer; Trash Collection; Water Tenant Pays: Electric; Gas Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: None Driveway: Concrete Street Type: Paved Mineral Rights: No Terms Available: Cash; Conventional; FHA; VA Loan Possession: Close Of Escrow Sale Conditions: None Unit 1: Range Oven; Refrigerator; Sep. Heat System Unit 2: Garage; Range/Oven; Refrigerator; Sep. Heat System

Listing Office: Keller Williams Realty Rivertown

Listing Agent: Rick D Hebden

Last Updated: August - 21 - 2026

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