145 Lafayette Street, Ionia, MI 48846
$274,900


Property Type: Multi Family Lot Size (sq. ft.): 6,098 Status: Active
Current Price: $274,900 List Date: 6/11/2026 Last Modified: 6/25/2026
Overview
Description
Listing Details MLS# 26028658
Location Property Info
- County
- Ionia
- Street #
- 145
- Street Name
- Lafayette
- Suffix
- Street
- State
- MI
- Zip Code
- 48846
- Zip (4)
- 1676
General Property Info
- Lot Measurement
- Acres
- Lot Square Footage
- 6098
- Lot Acres
- 0.14
- Lot Dimensions
- 47x132
- Year Built
- 1900
- New Construction
- No
- Cert of Compliance
- Yes
- Road Frontage
- 47
- Total # Units
- 3
- # of Diff Unit Floor Plans
- 3
- Total # Bldgs
- Yes
- Total Approx. SqFt All Bldgs
- 2428
- Total Parking Spaces
- 3
- Waterfront
- No
- School District
- Ionia
- Basement
- Yes
Tax Info
- Tax ID #
- 203-230-000-115-00
- Taxable Value
- 91608
- SEV
- 106200
- For Tax Year
- 2026
- Seller's Annual Property Tax
- 3481
- Tax Year
- 2025
- Homestead %
- 100
- Spec Assessment & Ty
- None known
- Zoning
- RES
Remarks Misc
- Directions
- Bluewater Hwy (M-21) past M-66 South to Rich, Right to Lafayette, right to home
Waterfront Options
- Water Access Y/N
- No
More Information
Access Feat
- Accessibility Features
- No
Unit 1
- Unit #
- Yes
- Unit Description
- A Main Level
- SqFt
- 770
- Occupied
- Yes
- Monthly Rent
- 1100
- Bathrooms
- Yes
- Full Baths
- Yes
- Range Oven
- Yes
- Refrigerator
- Yes
Unit 2
- Unit #
- 2
- Unit Description
- B Upper Unit
- SqFt
- 850
- Occupied
- Yes
- Monthly Rent
- 1250
- Bathrooms
- Yes
- Full Baths
- Yes
- Range/Oven
- Yes
- Refrigerator
- Yes
Unit 3
- Unit #
- 3
- Unit Description
- C- Studio
- SqFt
- 288
- Occupied
- Yes
- Bathrooms
- Yes
- Full Baths
- Yes
- Monthly Rent
- 0
Location & Property Info
- Cross Streets
- Lafayette & Rich
- Property Sub-Type
- 2 to 4 Units
- Municipality
- Ionia City
Office/Contract Info
- Auction or For Sale
- For Sale
- List Price/SqFt
- 113.22
Remarks & Misc
- Public Remarks
- 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!
- Legal
- CITY OF IONIA SUP. WILLIAMS ADD LOT 28
Street Type
- Paved
- Yes
- Public
- Yes
Util Avail at Street
- Cable Available
- Yes
- Phone Available
- Yes
Utilities Attached
- Cable Connected
- Yes
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
- Phone Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Terms Available
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
- VA Loan
- Yes
Mineral Rights
- Unknown
- Yes
Exterior Material
- Vinyl Siding
- Yes
Roofing
- Composition
- Yes
Heat Source
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Heat Type
- Forced Air
- Yes
Air Conditioning
- None
- Yes
Tenant Pays
- None
- Yes
Driveway
- Paved
- Yes
Substructure
- Michigan Basement
- Yes
Owner Pays
- Electricity
- Yes
- Gas
- Yes
- Sewer
- Yes
- Water
- Yes
Possession
- Close Plus 30 Days
- Yes
Property Features
Exterior Material: Vinyl Siding Roofing: Composition Substructure: Michigan Basement Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at Street: Cable Available; Phone Available Owner Pays: Electricity; Gas; Sewer; Water Tenant Pays: None Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: None Driveway: Paved Street Type: Paved; Public Mineral Rights: Unknown Terms Available: Cash; Conventional; FHA; VA Loan Possession: Close Plus 30 Days Sale Conditions: None Unit 1: Range Oven; Refrigerator Unit 2: Range/Oven; Refrigerator

Listing Office: Five Star Real Estate (Walker)
Listing Agent: Garrett B Kirby

Last Updated: June - 25 - 2026
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