Residential Corner Lot in
For Sale
Contact for pricing
427 E Downie Street, Alma, MI 48801
LAND - Alma, MI
Property SizeContact for details
Lot Size0.10 Acres
Days on Market212
Property Features for 427 E Downie Street
General Information
Property type
Land
Property subtype
Other
Zoning
Platted Subdivision
Zoning description
Platted Subdivision
Lot features
Level, Level
Elementary school district
Alma Public Schools
Middle school district
Alma Public Schools
High school district
Alma Public Schools
Directions
Superior then north on Pine and east on Downie. Corner of Downie and River.
Subdivision
Gratiot
Standard status
Active
Lot size
0.10 Acres
Taxes and HOA fees
Tax Description
ORIGINAL TOWN E 64 FT OF LOT 6 BLOCK 11
Tax Annual Amount
291
Legal Description
ORIGINAL TOWN E 64 FT OF LOT 6 BLOCK 11
Utilities
Utilities
Cable Available
Listing Agency:
43 NORTH REALTY
(989) 463-1219
Listed By:
Sue Welling · License #6501286671
(989) 560-9898
Added: Jan 9
Changed: Jul 2
Last Checked: Aug 9 at 5:06PM
MLS# 1941567
Copyright © 2026 Northern Great Lakes Realtors MLS. 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 0.1-acre corner lot, measuring 64 x 66, is located in the city of Alma. According to a survey conducted on November 25, 2025, the lot is zoned for multi-family residential use. The city has indicated that a 1056 square foot home could be built on the lot, subject to obtaining a variance. It may be possible to avoid flood insurance if fill is brought in to raise the property. The seller is willing to entertain a short term land contract. The property offers convenient access to shopping, medical facilities, entertainment venues, transportation options, and highways.
Key Highlights
- Zoned for multi‑family residential (surveyed 11‑25‑25).
- Seller willing to entertain a short term land contract.
- Desirable corner lot location with easy access to shopping, medical, entertainment, transportation, and highways.**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
430
Businesses Nearby
Explore this area
Business Placement
Demographics for 48801, MI
13,006
Population
5,408
Households
2.4
Avg Household Size
34
Median Age
28%
College-Educated
95%
High-School Grad
70.8 sq mi
ZIP Area
184
Density / Sq Mi
$57,449
Median Household Income
$30,146
Median Earnings
$795
Median Rent
$120,300
Median Home Value
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 - Corner lot suitable for residential development with city variance approval.
Where is this land located?
The property is located at 427 E Downie Street Alma, 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 residential (surveyed 11‑25‑25).; Seller willing to entertain a short term land contract.; Desirable corner lot location with easy access to shopping, medical, entertainment, transportation, and highways.**
