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.
Sold
$275,000
1007 Ionia Ave SW, Grand Rapids, MI 49507
5beds
2baths
2,000sqft
2 to 4 Units
Built in 1906
-- sqft lot
$278,300 Zestimate®
$138/sqft
$1,529 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: July 24, 2025 at 11:29am
Listed by:
Emily Anderson 269-639-5013,
Greenridge Realty South Haven
Bought with:
Deb Wheeler, 6501293839
Five Star Real Estate (M6)
Source: MichRIC,MLS#: 25024691
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Heating
- Forced Air
Cooling
- Window Unit(s)
Appliances
- Laundry: Common Area
Features
- Basement: Michigan Basement
Interior area
- Total interior livable area: 2,000 sqft
Property
Lot
- Size: 5,662 sqft
- Dimensions: 44*132
Details
- Parcel number: 411336476047
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Vinyl Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1906
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected
Community & neighborhood
Location
- Region: Grand Rapids
Other
Other facts
- Listing terms: Cash,Conventional,Tax Def Exchange
- Road surface type: Paved
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$278,300
2% more+$5,566
With Zillow Showcase(estimated)$283,866