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  • $275,000

    1007 Ionia Ave SW, Grand Rapids, MI 49507

    5beds
    2baths
    2,000sqft
    2 to 4 Units
    Built in 1906
    -- sqft lot
    $275,000 Zestimate®
    $138/sqft
    $1,706 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: July 24, 2025 at 11:30am

    Listed by:

    Emily Anderson 269-639-5013,

    Greenridge Realty South Haven

    Bought with:

    Deb Wheeler, 6501293839

    Five Star Real Estate (M6)

    Source: MichRIC,MLS#: 25024691MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • Window Unit(s)
    Appliances
    • Laundry: Common Area
    Features
    • Basement: Michigan Basement
    • Number of fireplaces: 1
    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
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $275,000
    2% more+ $5,500
    With Zillow Showcase(estimated)
    $280,500