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

Land, Ionia, MI

Property SizeContact for details
Lot Size0.45 Acres
Days on Market732

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 0.45 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: Sep 12 Last Checked: Oct 28 at 11:06PM
MLS# 24056705

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.

Rey
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Investment Insights

Based on property information with market context.

This is a rare opportunity to purchase land zoned for multi-family use. The property is a nearly 0.45-acre lot situated in a desirable Ionia neighborhood on the outskirts of town. The location offers convenient access to main roads, parks, schools, restaurants, and retail establishments. City water and sewer services are available, along with natural gas and high-speed internet. This property presents an investment opportunity.

Key Highlights

  • Zoned for multi‑family development.
  • Large lot size: Nearly 1/2 acre.
  • Desirable Ionia neighborhood location.

Property Analytics

Who owns this building? See the owner, sales and loan history
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Suggested Use

Top Pick Dental Office Real Estate Agency 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

449
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Land in Ionia zoned for multi-family development.
Where is this residential land & home lot located?
The property is located at 407 Forest Street Ionia, MI.
What are key features of this property?
This property features: Zoned for multi‑family development.; Large lot size: Nearly 1/2 acre.; Desirable Ionia neighborhood location.
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