Skip main navigation
Active
    • Price cut: $15K (9/19)
    $234,900

    145 Lafayette St, Ionia, MI 48846

    5beds
    3baths
    1,908sqft
    : 
    $1,829/mo
    Get pre-qualified
    2 to 4 Units
    Built in 1900
    -- sqft lot
    $233,800 Zestimate®
    $123/sqft
    $-- HOA

    What's special

    Modern appeal for tenantsUpdated windows
    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!
    119 days
    486
    24

    Zillow last checked:

    Listing updated:

    Listed by:

    Garrett B Kirby 616-902-5933,

    Five Star Real Estate (Walker) 616-791-1010,

    Vito (Jr.) E Dolci 616-791-1010,

    Five Star Real Estate (Walker)

    Source: MichRIC,MLS#: 26028658MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      Heating
      • Forced Air
      Cooling
      • None
      Features
      • Basement: Michigan Basement
      Interior area
      • Total interior livable area: 1,908 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Paved
      Lot
      • Size: 6,098 Square Feet
      • Dimensions: 47 x 132
      Details
      • Parcel number: 20323000011500
      • Zoning description: RES

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 2 to 4 Units
      Materials
      • Vinyl Siding
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1900

      Utilities & green energy

      • Utilities for property: Phone Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected

      Community & HOA

      Location
      • Region: Ionia

      Financial & listing details

      • Price per square foot: $123/sqft
      • Tax assessed value: $91,608
      • Annual tax amount: $3,481
      • Date on market: 9/2/2026
      • Listing terms: VA Loan,FHA,Cash,Conventional
      • Tenant pays: None
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $233,800

        $222,000 - $245,000

        $1,247/mo

        Price history

        DateEventPrice
        9/19/2026Price change$234,900-6%$123/sqft
        Source: MichRIC #26028658 Report a problem
        9/2/2026Listed for sale$249,900$131/sqft
        Source: MichRIC #26028658 Report a problem
        8/28/2026Pending sale$249,900$131/sqft
        Source: MichRIC #26028658 Report a problem
        8/24/2026Price change$249,900-5.7%$131/sqft
        Source: MichRIC #26028658 Report a problem
        7/22/2026Price change$264,900-3.6%$139/sqft
        Source: MichRIC #26028658 Report a problem
        6/25/2026Price change$274,900-8.3%$144/sqft
        Source: MichRIC #26028658 Report a problem
        6/11/2026Listed for sale$299,900+76.4%$157/sqft
        Source: MichRIC #26028658 Report a problem
        10/17/2023Sold$170,000$89/sqft
        Source: MichRIC #23025887 Report a problem
        8/1/2023Pending sale$170,000$89/sqft
        Source: MichRIC #23025887 Report a problem
        7/20/2023Listed for sale$170,000+0.7%$89/sqft
        Source: MichRIC #23025887 Report a problem
        1/6/2020Listing removed$168,900$89/sqft
        Source: Greenridge Realty (Lowell) #19044303 Report a problem
        10/27/2019Price change$168,900-3.4%$89/sqft
        Source: Greenridge Realty (Lowell) #19044303 Report a problem
        10/14/2019Price change$174,900-1.4%$92/sqft
        Source: Greenridge Realty (Lowell) #19044303 Report a problem
        9/30/2019Price change$177,400-1.4%$93/sqft
        Source: Greenridge Realty (Lowell) #19044303 Report a problem
        9/11/2019Listed for sale$179,900+108%$94/sqft
        Source: Greenridge Realty (Lowell) #19044303 Report a problem
        2/6/2019Sold$86,500-12.6%$45/sqft
        Source: Agent Provided Report a problem
        9/7/2018Listed for sale$99,000-17.4%$52/sqft
        Source: Five Star Real Estate (Casc) #18044247 Report a problem
        7/3/2018Listing removed$119,900$63/sqft
        Source: Sterling Realty Services Inc. #18013220 Report a problem
        6/13/2018Listed for sale$119,900+155.1%$63/sqft
        Source: Sterling Realty Services Inc. #18013220 Report a problem
        7/30/2014Listing removed$47,000-4.1%$25/sqft
        Source: Coldwell Banker Weir Manuel Hoppough #G754177 Report a problem
        2/26/2013Sold$49,000+4.3%$26/sqft
        Source: Public Record Report a problem
        7/24/2012Price change$47,000-4.1%$25/sqft
        Source: Coldwell Banker Weir Manuel Hoppough #G754177 Report a problem
        5/2/2012Listed for sale$49,000-13.3%$26/sqft
        Source: Coldwell Banker Weir Manuel Hoppough #G754177 Report a problem
        6/3/2011Listed for sale$56,500$30/sqft
        Source: Furton-Hoppough Real Estate Inc. #G754177 Report a problem
        4/1/2011Listing removed$56,500$30/sqft
        Source: Coldwell Banker Weir Manuel Hoppough #3140959 Report a problem
        5/8/2010Price change$56,500-5.7%$30/sqft
        Source: Coldwell Banker Hoppough & Associates #G754177 Report a problem
        11/27/2009Listed for sale$59,900$31/sqft
        Source: Coldwell Banker Furton - Hoppough #754177 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,390 -19.2%$89,200 +2.8%
        2024$4,196 $86,800 +17.3%
        2023-- $74,000 +25.6%
        2022-- $58,900 +66.9%
        2021-- $35,300
        2020-- $35,300 -15.6%
        2019-- $41,800 +13.9%
        2018-- $36,700
        2017-- $36,700 +15.4%
        2016-- $31,800
        2015-- $31,800 +7.1%
        2014$1,512 $29,700 +0.9%
        2013-- $29,440
        2012-- $29,440 -4%
        2011-- $30,651 +1.6%
        2010-- $30,170 -8.3%
        2009-- $32,894 -15.6%
        2008-- $38,961 +11.9%
        2007-- $34,805 -3.7%
        2006-- $36,156 -3.5%
        2005-- $37,456 +4.3%
        2004-- $35,902 +0.8%
        2003-- $35,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 48846

        Getting around

        65 / 100
        Somewhat Walkable
        60 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

              Nearby cities

              Nearby zip codes

              Other Ionia Topics

                Search
                Updates
                Favorites
                Plan
                Inbox