Skip main navigation
Active
  • $425,000

    22 Wager Pl, Ionia, MI 48846

    7beds
    4baths
    3,100sqft
    : 
    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
    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!
    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#: 25040716MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 22 Wager Pl.

    Next available tour time:Monday at 9am

    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
    • Loading
    • Loading