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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
    $278,300 Zestimate®
    $138/sqft
    $1,529 Estimated rent

    Owner options

    List your home for rent

    $1,529/mo

    Rent Zestimate®

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    $1,529/mo

    Rent Zestimate®

    Refinance and save

    $1,687/mo

    Est. payment

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    $1,687/mo

    Est. payment

    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: 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#: 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
    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