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  • Price cut: $5K (5/11)
    $175,000

    258 E Adams St, Ionia, MI 48846

    2beds
    2baths
    1,392sqft
    : 
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    2 to 4 Units
    Built in 1947
    -- sqft lot
    $170,600 Zestimate®
    $126/sqft
    $-- HOA

    What's special

    Energy-efficient windowsNew vinyl sidingTwo new water heatersTwo new furnaces
    Maximize your ROI with this impeccably maintained duplex in the heart of Ionia. This is a rare ''plug-and-play'' opportunity where all the heavy lifting has already been completed, as the property has undergone a massive overhaul since 2018 designed to minimize future overhead and maximize peace of mind. Significant capital improvements include a complete replacement of the main sewer line, new main water line, two new furnaces, two new water heaters, new vinyl siding, energy-efficient windows, new roof over the garage, and a freshly paved driveway and sidewalks. The interior is equally impressive, featuring modernized kitchens with newer appliances and two 1-bedroom, 1-bathroom units that have enjoyed a consistent and strong occupancy history. The upper unit offers a premium feature for tenants with its own attached garage, adding further value to the asset. Perfectly situated just a short distance from the trails, parks, and charming shops of Historic Downtown Ionia, this property is ideally positioned to attract and retain quality long-term residents. Whether you are looking to start your portfolio or add a low-maintenance cornerstone asset, this duplex is fully rented and ready for a seamless transition to its next owner.
    84 days
    |
    379
    |
    9
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Rick D Hebden 517-242-8073,

    Keller Williams Realty Rivertown 616-288-3244,

    Cathy A Hoppough 616-915-2890,

    KW Rivertown Hoppough

    Source: MichRIC,MLS#: 26015090MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      Heating
      • Forced Air
      Cooling
      • None
      Features
      • Basement: Michigan Basement
      Interior area
      • Total interior livable area: 1,392 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Concrete, Driveway
      Lot
      • Size: 2,613 Square Feet
      • Dimensions: 33 x 85
      • Features: Sidewalk, Corner Lot
      Details
      • Parcel number: 20309000009000
      • Zoning description: R1

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 2 to 4 Units
      Materials
      • Aluminum Siding
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1947

      Utilities & green energy

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

      Community & HOA

      Location
      • Region: Ionia

      Financial & listing details

      • Price per square foot: $126/sqft
      • Tax assessed value: $34,817
      • Annual tax amount: $1,990
      • Date on market: 4/13/2026
      • Listing terms: VA Loan,FHA,Cash,Conventional
      • Tenant pays: Electricity, Gas
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $170,600

        $162,000 - $179,000

        $1,201/mo

        Price history

        DateEventPrice
        5/11/2026Price change$175,000-2.8%$126/sqft
        Source: MichRIC #26015090 Report a problem
        4/13/2026Listed for sale$180,000+278.9%$129/sqft
        Source: MichRIC #26015090 Report a problem
        2/27/2026Listing removed$900$1/sqft
        Source: Zillow Rentals Report a problem
        2/23/2026Listed for rent$900$1/sqft
        Source: Zillow Rentals Report a problem
        11/21/2018Sold$47,500-13.5%$34/sqft
        Source: MichRIC #18050892 Report a problem
        10/16/2018Listed for sale$54,900+322.3%$39/sqft
        Source: Greenridge Realty (Ionia) #18050892 Report a problem
        1/1/2018Listing removed$900$1/sqft
        Source: Owner Report a problem
        12/1/2017Listed for rent$900$1/sqft
        Source: Owner Report a problem
        10/3/2014Sold$13,000-47.8%$9/sqft
        Source: MichRIC #14004529 Report a problem
        8/30/2014Price change$24,900+31.7%$18/sqft
        Source: Grand Rapids Market Center East #14004529 Report a problem
        8/29/2014Price change$18,900-24.1%$14/sqft
        Source: Grand Rapids Market Center East #14004529 Report a problem
        8/14/2014Price change$24,900+31.7%$18/sqft
        Source: Grand Rapids Market Center East #14004529 Report a problem
        7/9/2014Price change$18,900-24.1%$14/sqft
        Source: Grand Rapids Market Center East #14004529 Report a problem
        6/3/2014Price change$24,900-28.7%$18/sqft
        Source: Grand Rapids Market Center East #14004529 Report a problem
        5/23/2014Price change$34,900+16.7%$25/sqft
        Source: Grand Rapids Market Center East #14004529 Report a problem
        5/8/2014Price change$29,900-14.3%$21/sqft
        Source: Grand Rapids Market Center East #14004529 Report a problem
        3/25/2014Price change$34,900-12.5%$25/sqft
        Source: Grand Rapids Market Center East #14004529 Report a problem
        3/4/2014Price change$39,900-11.1%$29/sqft
        Source: Grand Rapids Market Center East #14004529 Report a problem
        2/27/2014Price change$44,900+12.5%$32/sqft
        Source: Grand Rapids Market Center East #14004529 Report a problem
        2/21/2014Price change$39,900-11.1%$29/sqft
        Source: Grand Rapids Market Center East #14004529 Report a problem
        1/27/2014Listed for sale$44,900$32/sqft
        Source: Grand Rapids Market Center East #14004529 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,912 +4.9%$58,500 +12.5%
        2024$1,824 $52,000 +15.3%
        2023-- $45,100 +26.7%
        2022-- $35,600 +23.2%
        2021-- $28,900
        2020-- $28,900 +0.7%
        2019-- $28,700 +17.6%
        2018-- $24,400
        2017-- $24,400 +22%
        2016-- $20,000
        2015-- $20,000 +5.8%
        2014$1,246 $18,900 -16.7%
        2013-- $22,693
        2012-- $22,693 -3.9%
        2011-- $23,616 -5%
        2010-- $24,866 -7.5%
        2009-- $26,873 -16.1%
        2008-- $32,016 +13.2%
        2007-- $28,289 +12%
        2006-- $25,249 -3.4%
        2005-- $26,126 +8.9%
        2004-- $23,986 +0.8%
        2003-- $23,800

        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.
        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

        Getting around

        50 / 100
        Somewhat Walkable
        63 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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