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!
Active
$425,000
22 Wager Pl, Ionia, MI 48846
7beds
4baths
3,100sqft
Est.:
2 to 4 Units
Built in 1901
-- sqft lot
$425,600 Zestimate®
$137/sqft
$-- HOA
What's special
Quiet well-kept settingSeparate utilitiesOff-street parkingCorner lotPlenty of natural lightDesirable corner lotSpacious layouts
- 4 days
- on Zillow |
- 253 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: August 12, 2025 at 11:50am
Listed by:
Linda S Lazarus 616-272-0166,
Michigan Top Producers 269-222-2550,
Brandon B Hamilton 616-862-6712,
Michigan Top Producers
Source: MichRIC,MLS#: 25040716

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Heating
- Forced Air
Cooling
- Window Unit(s)
Appliances
- Laundry: In Basement
Features
- Basement: Full
- Number of fireplaces: 1
Interior area
- Total interior livable area: 3,100 sqft
Video & virtual tour
Property
Parking
- Total spaces: 8
Lot
- Size: 0.25 Acres
- Dimensions: 82 x 132
- Features: Corner Lot
Details
- Parcel number: 20421000021000
- Zoning description: res
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Vinyl Siding
- Roof: Metal
Condition
- New construction: No
- Year built: 1901
Utilities & green energy
- Sewer: Public Sewer, Storm Sewer
- Utilities for property: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
Community & HOA
Location
- Region: Ionia
Financial & listing details
- Price per square foot: $137/sqft
- Tax assessed value: $135,450
- Annual tax amount: $7,671
- Date on market: 8/12/2025
- Listing terms: Cash,Conventional
- Tenant pays: Electricity, Gas
- Electric utility on property: Yes
- Road surface type: Paved
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