Extremely well kept 2 unit ranch style investment property on nearly ½ acre on M66 in South Ionia. Both units are identical with 2 Beds, 1 full bath, full basement, all kitchen appliances, and 2 car garage for each unit. One garage is brand new due to recent fire. Separate utilities including sewer. Private well. New roof and vinyl siding. This could be a perfect owner occupant opportunity and/or the commercial potential for office, service, retail, etc is limitless. Current rents are at a discount compared to market. Hurry to show!
Multi-familyProperty Type
1968Year Built
0.45 acresLot Size
$107Price/Sq.Ft.
8 spacesParking
Listed by Darin Elliott• Greenridge Realty (Ionia)
Bought with Maria Tornga• Keller Williams Realty Rivertown
Bought with Cherie Smith• Keller Williams Realty Rivertown
Extremely well kept 2 unit ranch style investment property on nearly 1/2 acre on M66 in South Ionia. Both units are identical with 2 Beds, 1 full bath, full basement, all kitchen appliances, and 2 car garage for each unit. One garage is brand new due to recent fire. Separate utilities including sewer. Private well. New roof and vinyl siding. This could be a perfect owner occupant opportunity and/or the commercial potential for office, service, retail, etc is limitless. Current rents are at a discount compared to market. Hurry to show!
Year
Property tax
Land + Additions
Assessment*
2025
$3,708 (+3.6%)
2024
$3,577 (+4.7%)
2023
$3,418 (+4.8%)
2022
$3,260 (+2.9%)
2021
$3,170 (+4.4%)
2020
$3,035 (+1.6%)
2019
$2,987 (+2.4%)
2018
$2,918 (+17.8%)
2017
$2,478 (+1.8%)
2016
$2,433 (+315.9%)
2015
$585 (−75.5%)
2014
$2,388
Tax history for 2138,2140 S State Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,708 (+3.6%)
2024
$3,577 (+4.7%)
2023
$3,418 (+4.8%)
2022
$3,260 (+2.9%)
2021
$3,170 (+4.4%)
2020
$3,035 (+1.6%)
2019
$2,987 (+2.4%)
2018
$2,918 (+17.8%)
2017
$2,478 (+1.8%)
2016
$2,433 (+315.9%)
2015
$585 (−75.5%)
2014
$2,388
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
1
Stories
1
Lot width
127 ft.
Lot depth
150 ft.
Lot size
0.44 Acres
Year renovated
—
Sq. Ft.
1,536
Year built
1968
Style
Multi-Family (2-4 Unit)
County
Ionia County
APN
010-050-000-115-00
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 17, 2026.
Property details
Parking
Parking Information
Parking Total: 8
Parking Features: Unpaved
Garage Information
No Attached Garage
Interior
Heating & Cooling
Has Heating
Heating: Forced Air, Natural Gas
Interior Features
Accessibility Features: 36 Inch Entrance Doo
Room Information
Basement: Full
Multi-Unit Information
# Of Units Total: 2
Exterior
Building Information
Construction Materials: Brick, Vinyl Siding
Exterior Features
Year Built: 1968
Roof: Composition
Land Information
Road Surface Type: Paved
Lot Information
Lot Features: Recreational
Lot Size Acres: 0.45
Lot Size Area: 0.45
Lot Size Units: Acres
Property Information
Property Type: Multi-Family
Property Sub Type: 2 to 4 Units
Number Of Buildings: 1
Financial
Tax Information
Tax Year: 2017
Tax Annual Amount: $2,500
Tax Assessed Value: $55,700
Utilities
Utility Information
Sewer: Public Sewer
Location
School Information
High School District: Ionia
Location Information
Directions: M66 in Ionia N of Tuttle, S of Reimer Drive.
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 1,536
Stories: 1.0
Lot Size: 0.44 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1968
Year Renovated: —
County: Ionia County
APN: 010-050-000-115-00
Home facts updated by county records on Jul 17, 2026
Other
Documents & Disclosures
Documents Available: Listing Contract
Around this home
Schools
A.A. Rather School
Public PreK-5 • Assigned • 0.5mi
6/10
Ionia Middle School
Public 6-8 • Assigned • 2.2mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
3/10 Heat Factor
7 days above 98° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Ionia, MI • 48846
Average low and high temperatures (°F)
27
14
34
19
51
30
60
40
67
47
80
59
83
64
80
60
77
54
65
44
48
35
34
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.7 hours in
June and 2.3 hours in December, placing it below the
U.S. average for solar exposure.
9.7 hrs
2.3 hrs
JuneDecember
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