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  • $148,500

    231 E Lincoln Ave, Ionia, MI 48846

    6beds
    2baths
    2,080sqft
    2 to 4 Units
    Built in 1860
    -- sqft lot
    $154,200 Zestimate®
    $71/sqft
    $1,108 Estimated rent

    Home value

    $154,200

    Estimated sales range

    Not available

    $1,108/mo

    Zestimate® history
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    $998/mo

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    What's special

    Comfortable private second-story layoutGenerous living spaces
    Great investment opportunity or ideal owner-occupied duplex in the City of Ionia. This two-unit, two-story home offers spacious layouts in both units. The main floor features four bedrooms and one full bath, along with fresh new carpet throughout and access to a newer deck that's perfect for relaxing or entertaining. The upper unit includes two bedrooms and one full bath, offering a comfortable, private second-story layout. Parking is convenient with space in the driveway as well as additional available spot directly in front of the home. With its generous living spaces, updates, and strong rental potential, this duplex is ready for new owners.

    Zillow last checked:

    Listing updated:

    Listed by:

    Laurie C Palmer 616-902-2192,

    Live Local Realty

    Bought with:

    Joni Stiling, 6501432476

    Smallegan Real Estate

    Michael Smallegan, 6502431660

    Source: MichRIC,MLS#: 25060526MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    Heating
    • Forced Air
    Appliances
    • Laundry: In Unit
    Features
    • Basement: Full
    Interior area
    • Total interior livable area: 2,080 sqft

    Property

    Parking
    • Total spaces: 3
    Lot
    • Size: 4,791 Square Feet
    • Dimensions: 50 x 92
    Details
    • Parcel number: 20306000002500
    • Zoning description: RES

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 to 4 Units
    Materials
    • Vinyl Siding
    Condition
    • New construction: No
    • Year built: 1860

    Utilities & green energy

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

    Community & HOA

    Location
    • Region: Ionia

    Financial & listing details

    • Price per square foot: $71/sqft
    • Tax assessed value: $29,480
    • Annual tax amount: $1,685
    • Date on market: 12/3/2025
    • Listing terms: FHA,Cash,Conventional
    • Tenant pays: None
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    4/2/2026Sold$148,500-0.9%$71/sqft
    Source: MichRIC #25060526 Report a problem
    2/5/2026Pending sale$149,900$72/sqft
    Source: MichRIC #25060526 Report a problem
    1/29/2026Price change$149,900-3.2%$72/sqft
    Source: MichRIC #25060526 Report a problem
    1/5/2026Price change$154,900-8.8%$74/sqft
    Source: MichRIC #25060526 Report a problem
    12/3/2025Listed for sale$169,900+579.6%$82/sqft
    Source: MichRIC #25060526 Report a problem
    5/13/2016Sold$25,000-13.8%$12/sqft
    Source: Agent Provided Report a problem
    5/6/2016Pending sale$29,000$14/sqft
    Source: Five Star Real Estate (Ionia) #16015254 Report a problem
    4/9/2016Listed for sale$29,000-50.8%$14/sqft
    Source: Five Star Real Estate (Ionia) #16015254 Report a problem
    12/4/2015Listing removed$59,000$28/sqft
    Source: Michigan Regional Information Center, LLC #15060955 Report a problem
    11/25/2015Listed for sale$59,000+195%$28/sqft
    Source: Michigan Regional Information Center, LLC #15060955 Report a problem
    1/22/2007Sold$20,000-64%$10/sqft
    Source: Public Record Report a problem
    3/2/2006Sold$55,593$27/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,855 +21.4%$52,100 +13%
    2024$1,528 $46,100 +21%
    2023-- $38,100 +9.2%
    2022-- $34,900 +22.5%
    2021-- $28,500 -0.3%
    2020-- $28,600 -0.7%
    2019-- $28,800 +25.2%
    2018-- $23,000
    2017-- $23,000 +19.2%
    2016-- $19,300
    2015-- $19,300 +5.5%
    2014$1,243 $18,300 +2.4%
    2013-- $17,875
    2012-- $17,875 -2.4%
    2011-- $18,307 -3.4%
    2010-- $18,961 -7.7%
    2009-- $20,550 -6.9%
    2008-- $22,073 +120.7%
    2007-- $10,000 -71.2%
    2006-- $34,723 -3.6%
    2005-- $36,002 +4.3%
    2004-- $34,521 +0.9%
    2003-- $34,200
    Find assessor info on the county website

    Neighborhood: 48846

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $154,200
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $154,200