$374,900

22 Wager Place, Ionia, MI 48846

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1901
  • Property Lot Size Icon0.25acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Investor's dream or ideal owner-occupy opportunity! This fully occupied 4-unit multi-family property sits on a desirable corner lot and is a rare find for those looking to expand their portfolio or offset their mortgage with rental income. All units are on month-to-month leases, offering steady cash flow and flexibility for the new owner. Each unit is well-maintained with spacious layouts, plenty of natural light, and separate utilities. Tenants enjoy off-street parking and a quiet, well-kept setting. Whether you're planning a 1031 exchange, portfolio expansion, or house-hacking strategy, this property offers both immediate income and long-term upside. Potential to increase rents or upgrade units to boost value. Located near schools, shopping, and local amenities. Don't miss this chance to own a turn-key investment in a strong rental market. Schedule your showing today and start building wealth through real estate!

Listing Status:
Pending
Date Added:
August 12, 2025 at 05:00AM
Listing Office:
Michigan Top Producers : 269-222-2550
Listing Agent:
Linda S Lazarus : 616-272-0166
MLS ID:
25040716
  • Laundry: In Basement
  • Basement: Full
  • A/C: Window Unit(s)
  • Heating: Forced Air
  • Parking: Parking spaces: 8
  • Roofing: Metal
  • General: Vinyl Siding
  • Road/Access: Paved
  • Originating MLS: Michigan Regional Information Center (MichRIC)
  • School District: Ionia
  • County: Ionia
  • Zoning: CITY OF IONIA SUP. TAYLOR SECOND ADD N 82FT OF LOT 40204-210-000-210-00
  • Utilities: Cable ConnectedNatural Gas ConnectedPhone ConnectedElectricity ConnectedCable AvailableElectricity AvailableNatural Gas AvailableStorm SewerPhone Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: Michigan Regional Information Center (MichRIC)
  • Ownership: Private Owned

This listing courtesy of Linda S Lazarus, Michigan Top Producers

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

Jefferson School

420 N Jefferson St, Ionia, MI, 48846

Grades PK-5

0.20 miles away

I

Ionia Middle School

438 Union St, Ionia, MI, 48846

Grades 6-8

0.56 miles away

D

Douglas R Welch High School

250 E Tuttle Rd, Ionia, MI, 48846

Grades 6-12

2.31 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.