Grand Rapids, MI 49507 1007 Ionia Avenue SW
$270,000
Pending
23 more
Presented By: Emily Anderson at Greenridge Realty South Haven - (269) 637-8555
Home Details
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.
Presented By: Emily Anderson at Greenridge Realty South Haven - (269) 637-8555
Interior Features for 1007 Ionia Avenue SW
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
BasementMichigan Basement
Basement (Y/N)Yes
Heating Y/NYes
Interior AmenitiesBroadband
Laundry FeaturesCommon Area
Total Fireplaces1
General for 1007 Ionia Avenue SW
Additional Parcels Y/NNo
CityGrand Rapids
Construction MaterialsVinyl Siding
CoolingWindow Unit(s)
CountyKent
DirectionsDivision Avenue to Hall St (if coming from South) or Albany (if coming from north), to Ionia.
Electric On Property Y/NNo
Gross Income31443.9
HeatingForced Air
High School DistrictGrand Rapids
Land Lease Y/NNo
Lease Renewal Y/NNo
Legal DescriptionLOT 6 * AMENDED PLAT OF LOTS 1 THROUGH 24, VACATED ALLEYS AND THE VACATED PORTION OF ALBANY STREET, NAGELE'S 2ND ADDITION
Listing TermsCash, Conventional, Tax Def Exchange
Lot Size Square Feet5793.0
Lot Size UnitsAcres
MLS AreaGrand Rapids - G
MLS Area MinorGrand Rapids - G
MobileHomeRemainsYNNo
ModificationTimestamp2025-06-06T02:18:48Z
New ConstructionNo
Number Of Units Total2
Occupancy TypeTenant
OwnerPaysTrash Collection, Electricity, Water, Sewer, Gas
OwnershipPrivate Owned
PossessionSubject To Tenant Rights
Property Subtype2 to 4 Units
Property TypeMulti Family
Rent Control Y/NNo
RoofComposition
Senior CommunityNone
SewerPublic Sewer
Standard StatusPending
StatusPending
Tax Annual Amount4173.0
Tax Assessed Value82976
Tax Year2025
Tenant PaysNone
TownshipCity of Grand Rapids
UtilitiesNatural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected
Year Built1906
Exterior for 1007 Ionia Avenue SW
BuyerOfficeFax616-803-0549
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions44*132
Lot Size Acres0.13
Lot Size Area0.13
Number of Buildings1
Open Parking Y/NNo
Road Surface TypePaved
SpaNo
Total Parking0.0
Waterfront Y/NNo
Additional Details
Price History
Paulina Boissoneault
Broker
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