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Mark Brace

[email protected] +1(616) 447-7025

$ 374,900

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Pending

22 Wager Place Ionia, MI 48846

0.25 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Pending

Purchase Type For Sale

Municipality Ionia City

MLS Listing ID 25040716

Year Built 1901

Annual Tax Amount $7,671

Tax Year 2024

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 82x132

Property Sub-Type 2 to 4 Units

Source Michigan Regional Information Center (MichRIC)

Property Description

Investor's dream or ideal owner-occupy opportunity! This fully occupied 4-unit multi-family property sits on a desirable corner lot and is a rare find for those looking to expand their portfolio or offset their mortgage with rental income. All units are on month-to-month leases, offering steady cash flow and flexibility for the new owner. Each unit is well-maintained with spacious layouts, plenty of natural light, and separate utilities. Tenants enjoy off-street parking and a quiet, well-kept setting. Whether you're planning a 1031 exchange, portfolio expansion, or house-hacking strategy, this property offers both immediate income and long-term upside. Potential to increase rents or upgrade units to boost value. Located near schools, shopping, and local amenities. Don't miss this chance to own a turn-key investment in a strong rental market. Schedule your showing today and start building wealth through real estate! to own a turn-key investment in a strong rental market. Schedule your showing today and start building wealth through real estate!

Location

State MI

County Ionia

Area Grand Rapids - G

Direction Corner of E Washington and Wager place, just West of the hospital

Rooms

Basement Full

Interior

Heating Forced Air

Cooling Window Unit(s)

Laundry In Basement

Exterior

Utilities Available Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer

View Y/N No

Roof Type Metal

Street Surface Paved

Total Parking Spaces 8

Building

Lot Description Corner Lot

Sewer Public Sewer

Structure Type Vinyl Siding

New Construction No

Schools

School District Ionia

Others

Tax ID 204-210-000-210-00

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.zillow.com/view-imx/06e1bc16-ae31-4eb8-ae8f-27d034f77577/?utm_source=captureapp

Listed by Michigan Top Producers

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES

Elementary Schools 7

7

A.A. Rather School

Public | PK - 5
6

Jefferson School

Public | KG - 5
5

Emerson School

Public | KG - 5
4

Freedom Acres School

Public | KG - 12
0

Ionia Seventy-Day Adventist School

Private | KG - 6
0

North Levalley Elementary School

Public | KG - 5
0

Saints Peter & Paul Elementary School

Private | PK - 8

Middle Schools 1

7

Ionia Middle School

Public | 6 - 8

High Schools 2

6

Ionia High School

Public | 9 - 12
0

Douglas R. Welch High School

Public | 9 - 12

School and business data provided by Attom Data.

Mark Brace

Broker Associate | g6506043184

+1(616) 447-7025

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Grand Rapids, MI

Mark Brace

22 Wager Place Ionia, MI 48846

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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22 Wager Place