Skip main navigation
Active
    • Price cut: $10K (5/18)
    $225,000

    302 W Lincoln Ave, Ionia, MI 48846

    5beds
    2baths
    2,216sqft
    : 
    $1,643/mo
    Get pre-qualified
    2 to 4 Units
    Built in 1920
    -- sqft lot
    $223,300 Zestimate®
    $102/sqft
    $-- HOA

    What's special

    Solid brickCorner lotFully updated bathroomNew windows
    Presenting this solid brick, two-unit property situated on a corner lot in the City of Ionia. This well-maintained property offers immediate rental income and a solid investment opportunity. The lower unit features 2 bedrooms and 1 full bath, while the upper unit offers 3 bedrooms and 1 full bath. The upper unit has been recently remodeled, including new windows and a fully updated bathroom. Additional improvements include a new boiler system, updated electrical, and new flooring installed in both units. The brick exterior offers durability and timeless appeal, and the corner lot provides added visibility and natural light. Altogether, this duplex offers functional updates and long-term potential.
    155 days
    |
    357
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Justin W Hendrick 616-914-9707,

    Five Star Real Estate (Ada) 616-425-7600

    Source: MichRIC,MLS#: 26006257MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      Heating
      • Baseboard, Hot Water
      Cooling
      • None
      Appliances
      • Laundry: Electric Dryer Hookup, In Basement, Washer Hookup
      Features
      • Basement: Full
      Interior area
      • Total interior livable area: 2,216 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Unpaved
      Lot
      • Size: 0.26 Acres
      • Dimensions: 99 x 115
      • Features: Level, Sidewalk, Corner Lot
      Details
      • Parcel number: 20115000005500
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 2 to 4 Units
      Materials
      • Brick, Wood Siding
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1920

      Utilities & green energy

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

      Community & HOA

      Location
      • Region: Ionia

      Financial & listing details

      • Price per square foot: $102/sqft
      • Tax assessed value: $85,600
      • Annual tax amount: $3,515
      • Date on market: 3/16/2026
      • Listing terms: FHA,Cash,Conventional
      • Tenant pays: Electricity
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $223,300

        $212,000 - $234,000

        $1,160/mo

        Price history

        DateEventPrice
        5/18/2026Price change$225,000-4.3%$102/sqft
        Source: MichRIC #26006257 Report a problem
        3/23/2026Price change$235,000-4.1%$106/sqft
        Source: MichRIC #26006257 Report a problem
        3/16/2026Listed for sale$245,000$111/sqft
        Source: MichRIC #26006257 Report a problem
        2/27/2026Pending sale$245,000$111/sqft
        Source: MichRIC #26006257 Report a problem
        2/20/2026Listed for sale$245,000+45%$111/sqft
        Source: MichRIC #26006257 Report a problem
        1/19/2023Sold$169,000-5.6%$76/sqft
        Source: MichRIC #22047503 Report a problem
        12/12/2022Pending sale$179,000$81/sqft
        Source: MichRIC #22048436 Report a problem
        12/10/2022Price change$179,000-5.3%$81/sqft
        Source: MichRIC #22048436 Report a problem
        11/10/2022Price change$189,000+51.3%$85/sqft
        Source: MichRIC #22047503 Report a problem
        6/22/2021Pending sale$124,900$56/sqft
        Source: MichRIC #21017846 Report a problem
        5/14/2021Listed for sale$124,900-3.8%$56/sqft
        Source: MichRIC #21017096 Report a problem
        2/7/2020Listing removed$129,900$59/sqft
        Source: Coldwell Banker Hoppough (Ion) #20000482 Report a problem
        1/6/2020Listed for sale$129,900+123.2%$59/sqft
        Source: Coldwell Banker Hoppough (Ion) #20000482 Report a problem
        7/14/1997Sold$58,200$26/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,509 +28.8%$97,300 +13.7%
        2024$2,723 $85,600 +23%
        2023-- $69,600 +5.5%
        2022-- $66,000 +24.1%
        2021-- $53,200
        2020-- $53,200 -1.8%
        2019-- $54,200 +1.5%
        2018-- $53,400
        2017-- $53,400 +14.3%
        2016-- $46,700
        2015-- $46,700 +7.4%
        2014$2,163 $43,500 -1.1%
        2013-- $43,978
        2012-- $43,978 -4.1%
        2011-- $45,866 -2%
        2010-- $46,809 -7.2%
        2009-- $50,430 -3%
        2008-- $51,970 -2.6%
        2007-- $53,333 +12.7%
        2006-- $47,316 +7.5%
        2005-- $44,000 -10.1%
        2004-- $48,966 +0.8%
        2003-- $48,600
        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.
        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.
        Get pre-qualified

        Climate risks

        Neighborhood: 48846

        Getting around

        36 / 100
        Car-Dependent
        44 / 100
        Somewhat 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