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Multi-Family Zoned Land Opportunity
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407 Forest Street, Ionia, MI 48846

LAND - Ionia, MI

Property SizeContact for details
Lot Size0.32 Acres
Days on Market655

Property Features for 407 Forest Street

General Information

Property type Land
Property subtype Other
Zoning description RT
Lot features Ravine, Buildable, Wooded
Elementary school district Ionia
Middle school district Ionia
High school district Ionia
Directions N of M21 on M66 to Forest St, East to Property
Subdivision Grand Rapids - G
Standard status Active
APN 34-201-170-000-025-01
Lot size 0.32 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description See Attached.
Tax Annual Amount 326
Legal Description See Attached.

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Water source Public
Listing Agency: Greenridge Realty (Ionia)
Listed By: Darin K Elliott
Added: Oct 27, 2024 Changed: Apr 15 Last Checked: Aug 12 at 8:06AM
MLS# 24056707

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 0.32-acre lot, zoned for multi-family development, presents a rare investment opportunity. Situated in a desirable Ionia neighborhood on the outskirts of town, the property benefits from its proximity to main roads, parks, schools, restaurants, and retail establishments. City water and sewer services are available, along with natural gas and high-speed internet access. This property is suitable for multi-family development.

Key Highlights

  • Zoned for multi‑family development.
  • .32 Acre lot in a desirable Ionia neighborhood.
  • City water and sewer available.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Auto Parts Store Kitchen & Bath Showroom HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

438
Businesses Nearby

Demographics for 48846, MI

22,470
Population
7,597
Households
3
Avg Household Size
38
Median Age
12%
College-Educated
88%
High-School Grad
110.6 sq mi
ZIP Area
203
Density / Sq Mi
$66,717
Median Household Income
$37,858
Median Earnings
$804
Median Rent
$172,300
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - 0.32 acre lot zoned for multi-family development.
Where is this land located?
The property is located at 407 Forest Street Ionia, MI.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Zoned for multi‑family development.; .32 Acre lot in a desirable Ionia neighborhood.; City water and sewer available.
More about this property
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