$270,000
Active

1007 Ionia Avenue SW

Grand Rapids, MI 49507
Browse 28 photos

Description

Opportunity knocks on Ionia Ave SW! Whether you're looking to house hack or expand your investment portfolio, this fully rented duplex offers solid income and flexibility in a convenient GR location.
The lower unit is 3/1, upper unit is a 2/1, with both units providing spacious layouts and strong rental appeal at $3100 total monthly rent!
Both units have been incrementally updated during the seller's ownership, and the home is professionally managed by Neighbors Development, offering a smooth and hands-off transition for the next owner.
This property offers shared laundry, a fenced-in yard, plenty of off-street parking, and is conveniently located near downtown Grand Rapids, major highways, and local parks—making it a smart and attractive investment.
Ask listing agent for financials.

  • Property Details
      • Utility FeaturesNatural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected
      • BasementMichigan Basement
      • Sewer InformationPublic Sewer
      • School DistrictGrand Rapids
      • Property Subtype2 to 4 Units
      • InteriorBroadband
      • Original List Price$270,000
      • MLS #25024691
      • MLS #25024691
      • Cost270000
      • Acres0.13
      • Year Built1906
      • CountyKent
      • Days on Market (Cumulative)1

Location

Teresa L Molyneux | TJR RealtyReal Estate Group
OR

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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