Property Type:
Multi Family
Lot Size (sq. ft.):
11,387
Status:
Active
Current Price:
$245,000
List Date:
2/20/2026
Last Modified:
2/20/2026
302 W Lincoln Avenue, Ionia, MI 48846
New Listing
$245,000
Description
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.
More Information MLS# 26006257
Location & Property Info
Cross Streets: W Lincoln Ave & Cyrus St
Property Sub-Type: 2 to 4 Units
Municipality: Ionia City
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 99x115
Road Frontage: 99
Cert of Compliance: Yes
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 2
Total Parking Spaces: 2
School District: Ionia
Association YN: No
Lot Measurement: Acres
Lot Square Footage: 11387
Lot Acres: 0.26
Year Built: 1920
Tax Info
Taxable Value: 85600
SEV: 85600
For Tax Year: 2024
Seller's Annual Property Tax: 3515.52
Tax Year: 2024
Homestead %: 100
Spec Assessment & Ty: N/A
Zoning: Residential
Tax ID #: 201-150-000-055-00
Remarks & Misc
Public Remarks: 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.
Legal: 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
Waterfront Options
Water Access Y/N: No
Lot Description
Corner Lot: 1
Level: 1
Sidewalk: 1
Street Type
Paved: 1
Public: 1
Util Avail at Street
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Public Sewer: 1
Public Water: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
FHA: 1
Mineral Rights
Unknown: 1
Laundry Features
Electric Dryer Hookup: 1
In Basement: 1
Washer Hookup: 1
Exterior Material
Brick: 1
Wood Siding: 1
Roofing
Metal: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Baseboard: 1
Hot Water: 1
Air Conditioning
None: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Driveway
Unpaved: 1
Substructure
Full: 1
Extras
Garages: 1
Owner Pays
Gas: 1
Trash Collection: 1
Water: 1
Unit 1
Unit #: 1
Unit Description: Lower
SqFt: 1108
Occupied: Yes
Monthly Rent: 1150
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Deck/Patio: 1
Range Oven: 1
Refrigerator: 1
Unit 2
Unit #: 2
Unit Description: Upper
SqFt: 1108
Occupied: Yes
Monthly Rent: 1300
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Dishwasher: 1
Range/Oven: 1
Refrigerator: 1
Possession
Close Of Escrow: 1
Negotiable: 1
Subject To Tenant Rights: 1
Location Property Info
County: Ionia
Street #: 302
Street Direction: W
Street Name: Lincoln
Suffix: Avenue
State: MI
Zip Code: 48846
Zip (4): 1102
OfficeContract Info
Status: Active
Current Price: $245,000
List Price: $245,000
Listing Date: 2026-02-20
Remarks Misc
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.
Property Features
Laundry Features: Electric Dryer Hookup; In Basement; Washer Hookup
Exterior Material: Brick; Wood Siding
Roofing: Metal
Substructure: Full
Lot Description: Corner Lot; Level; Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Electricity Available; High Speed Internet; Natural Gas Available; Public Sewer; Public Water
Extras: Garages
Owner Pays: Gas; Trash Collection; Water
Tenant Pays: Electric
Heat Source: Natural Gas
Heat Type: Baseboard; Hot Water
Air Conditioning: None
Driveway: Unpaved
Street Type: Paved; Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional; FHA
Possession: Close Of Escrow; Negotiable; Subject To Tenant Rights
Sale Conditions: None
Unit 1: Deck/Patio; Range Oven; Refrigerator
Unit 2: Dishwasher; Range/Oven; Refrigerator
Listing Office:
Five Star Real Estate (Ada)
Listing Agent:
Justin W Hendrick
Last Updated: February - 20 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
