REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Thu

Aug

Fri

Aug

Sat

Aug

Sandi Smith

Trillium Real Estate

[email protected] +1(734) 216-6414

$ 425,000

Est. payment -/mo

Save Virtual Tour

New

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 Active

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)

Fireplaces Number 1

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