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258 E Adams St, Ionia, MI, 48846

2beds
2baths
1,392sqft
$175,000
$126price/sqft
$1,322/moest. monthly cost
$52,880/yrincome needed

About This Home

Maximize your ROI with this impeccably maintained duplex in the heart of Ionia. This is a rare ''plug-and-play'' opportunity where all the heavy lifting has already been completed, as the property has undergone a massive overhaul since 2018 designed to minimize future overhead and maximize peace of mind. Significant capital improvements include a complete replacement of the main sewer line, new main water line, two new furnaces, two new water heaters, new vinyl siding, energy-efficient windows, new roof over the garage, and a freshly paved driveway and sidewalks. The interior is equally impressive, featuring modernized kitchens with newer appliances and two 1-bedroom, 1-bathroom units that have enjoyed a consistent and strong occupancy history. The upper unit offers a premium feature for tenants with its own attached garage, adding further value to the asset. Perfectly situated just a short distance from the trails, parks, and charming shops of Historic Downtown Ionia, this property is ideally positioned to attract and retain quality long-term residents. Whether you are looking to start your portfolio or add a low-maintenance cornerstone asset, this duplex is fully rented and ready for a seamless transition to its next owner.

Getting Around

50
WalkingSomewhat Walkable
0
TransitVery Limited Transit
63
BikeBikeable

Schools

4/10
Jefferson SchoolGrades PK-50.3 mi
5/10
Ionia Middle SchoolGrades 6-80.4 mi
4/10
Ionia High SchoolGrades 9-122.1 mi

Construction

Condition

  • Year built: 1947

Materials

  • Roof: Metal
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: 2 to 4 Units

Interior

Basement

  • Has basement: Yes
  • Basement: Michigan Basement

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total interior livable area: 1,392 sqft

Property

Details

  • Parcel number: 20309000009000
  • Zoning description: R1

Lot

  • Lot size: 2,613 sqft
  • Features: Sidewalk,Corner Lot
  • Lot size dimensions: 33 x 85

Parking

  • Total spaces: 2
  • Parking features: Concrete,Driveway

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Cold Wave
Hail
Inland Flooding
Ice Storm

FEMA Declared Disasters in Ionia County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $884$10,608
Home Insurance *$105$1,260
Property Taxes $145$1,740
Electricity $188$2,259
Total$1,322$15,864
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$45,325/yr
40% on housing$39,660/yr
45% on housing$35,253/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: -1.9%
-1.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$126This listing

vs Other Active Listings

Avg $/sqft

ZIP 48846$133
Ionia County$153

vs Homes Sold Last Month

Median $/sqft

ZIP 48846$140
Ionia County$146

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-11Price change$175,000
2026-04-13Listed for sale$180,000
2026-02-27Listing removed$900
2026-02-23Listed for rent$900
2018-11-21Sold$47,500
2018-10-16Listed for sale$54,900
2018-01-01Listing removed$900
2017-12-01Listed for rent$900
2014-10-03Sold$13,000
2014-08-30Price change$24,900
2014-08-29Price change$18,900
2014-08-14Price change$24,900
2014-07-09Price change$18,900
2014-06-03Price change$24,900
2014-05-23Price change$34,900
2014-05-08Price change$29,900
2014-03-25Price change$34,900
2014-03-04Price change$39,900
2014-02-27Price change$44,900
2014-02-21Price change$39,900
2014-01-27Listed for sale$44,900

For Sale by Agent

AgentRick D Hebden
BrokerageKeller Williams Realty Rivertown

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