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!
Active
Price cut: $25K (6/25)
$274,900
145 Lafayette St, Ionia, MI 48846
5beds
3baths
1,908sqft
2 to 4 Units
Built in 1900
-- sqft lot
$268,200 Zestimate®
$144/sqft
$-- HOA
What's special
Modern appeal for tenantsUpdated windows
- 27 days |
- 485 |
- 27 |
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#: 26028658
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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: $144/sqft
- Tax assessed value: $91,608
- Annual tax amount: $3,481
- Date on market: 6/11/2026
- Listing terms: VA Loan,FHA,Cash,Conventional
- Tenant pays: None
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$268,200
$255,000 - $282,000
$1,185/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Price change | $274,900-8.3%$144/sqft |
Source:  MichRIC #26028658 Report a problem | ||
| 6/11/2026 | Listed for sale | $299,900+76.4%$157/sqft |
Source: MichRIC #26028658 Report a problem | ||
| 10/17/2023 | Sold | $170,000$89/sqft |
Source: MichRIC #23025887 Report a problem | ||
| 8/1/2023 | Pending sale | $170,000$89/sqft |
Source: MichRIC #23025887 Report a problem | ||
| 7/20/2023 | Listed for sale | $170,000+0.7%$89/sqft |
Source: MichRIC #23025887 Report a problem | ||
| 1/6/2020 | Listing removed | $168,900$89/sqft |
Source: Greenridge Realty (Lowell) #19044303 Report a problem | ||
| 10/27/2019 | Price change | $168,900-3.4%$89/sqft |
Source: Greenridge Realty (Lowell) #19044303 Report a problem | ||
| 10/14/2019 | Price change | $174,900-1.4%$92/sqft |
Source: Greenridge Realty (Lowell) #19044303 Report a problem | ||
| 9/30/2019 | Price change | $177,400-1.4%$93/sqft |
Source: Greenridge Realty (Lowell) #19044303 Report a problem | ||
| 9/11/2019 | Listed for sale | $179,900+108%$94/sqft |
Source: Greenridge Realty (Lowell) #19044303 Report a problem | ||
| 2/6/2019 | Sold | $86,500-12.6%$45/sqft |
Source: Agent Provided Report a problem | ||
| 9/7/2018 | Listed for sale | $99,000-17.4%$52/sqft |
Source: Five Star Real Estate (Casc) #18044247 Report a problem | ||
| 7/3/2018 | Listing removed | $119,900$63/sqft |
Source: Sterling Realty Services Inc. #18013220 Report a problem | ||
| 6/13/2018 | Listed for sale | $119,900+155.1%$63/sqft |
Source: Sterling Realty Services Inc. #18013220 Report a problem | ||
| 7/30/2014 | Listing removed | $47,000-4.1%$25/sqft |
Source: Coldwell Banker Weir Manuel Hoppough #G754177 Report a problem | ||
| 2/26/2013 | Sold | $49,000+4.3%$26/sqft |
Source: Public Record Report a problem | ||
| 7/24/2012 | Price change | $47,000-4.1%$25/sqft |
Source: Coldwell Banker Weir Manuel Hoppough #G754177 Report a problem | ||
| 5/2/2012 | Price change | $49,000-13.3%$26/sqft |
Source: Coldwell Banker Weir Manuel Hoppough #G754177 Report a problem | ||
| 6/3/2011 | Listed for sale | $56,500$30/sqft |
Source: Furton-Hoppough Real Estate Inc. #G754177 Report a problem | ||
| 4/1/2011 | Listing removed | $56,500$30/sqft |
Source: Coldwell Banker Weir Manuel Hoppough #3140959 Report a problem | ||
| 5/8/2010 | Price change | $56,500-5.7%$30/sqft |
Source: Coldwell Banker Hoppough & Associates #G754177 Report a problem | ||
| 11/27/2009 | Price change | $59,900+6%$31/sqft |
Source: Coldwell Banker Furton - Hoppough #754177 Report a problem | ||
| 11/18/2009 | Price change | $56,500-5.7%$30/sqft |
Source: Coldwell Banker Hoppough & Associates #754177 Report a problem | ||
| 9/29/2009 | Price change | $59,900+6%$31/sqft |
Source: Coldwell Banker Furton - Hoppough #754177 Report a problem | ||
| 9/26/2009 | Listed for sale | $56,500-5.7%$30/sqft |
Source: Coldwell Banker Furton - Hoppough #754177 Report a problem | ||
| 5/23/2009 | Listing removed | $59,900$31/sqft |
Source: Coldwell Banker** #754177 Report a problem | ||
| 5/16/2009 | Listed for sale | $59,900$31/sqft |
Source: Coldwell Banker** #754177 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | $35,600 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 48846
Nearby schools
GreatSchools rating
- 4/10Jefferson SchoolGrades: PK-5Distance: 0.4 mi
- 5/10Ionia Middle SchoolGrades: 6-8Distance: 0.2 mi
- 4/10Ionia High SchoolGrades: 9-12Distance: 2.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Michigan
- Ionia County
- Ionia
- 48846
- 145 Lafayette St
Nearby cities
Nearby zip codes
Other Ionia Topics
