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    Alma, MI Apartment Buildings for Sale

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    Multi-Family Property Near Downtown Alma
    $159,000
    2,800 SF

    Multi-Family Property Near Downtown Alma

    426 N State St, Alma, MI 48801

    Fully rented 5-unit property in the heart of Alma.

    • Fully rented 5‑unit multi‑family property generating $2,750 gross monthly income.
    • Prime location in the heart of downtown Alma, close to shopping, dining, and local amenities.
    • Durable, low‑maintenance exterior with vinyl siding and metal roof.
    • Each unit is a 1‑bedroom, 1‑bath apartment with a kitchen and living space.
    • Property includes a basement.
    Updated: Dec 19, 2025
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    Alma Investment Opportunity: Multi-Unit Potential
    $138,000
    0.32 Acres

    Alma Investment Opportunity: Multi-Unit Potential

    318 Woodworth Ave, Alma, MI 48801

    3-4 unit property in Alma, MI, ready for renovation.

    • Prime investment opportunity in Alma, MI, a promising rental market.
    • Blank canvas property, completely gutted and ready for renovation, offering creative freedom.
    • Potential for 3‑4 rental units, allowing for flexible design and income potential.
    • Convenient location near Alma College, downtown, parks, and schools.
    • All major demolition work is complete, streamlining the renovation process.
    Updated: Feb 28, 2025
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    Mixed-Use Property with Income Potential
    $499,000
    23,443 SF

    Mixed-Use Property with Income Potential

    3.45-acre mixed-use property with residential and commercial income.

    5705 N State Rd, Alma, MI 48801
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    Turnkey Apartment Building Investment
    $899,000
    10,320 SF

    Turnkey Apartment Building Investment

    Fully leased 8-unit apartment building with strong income potential.

    421 N State St, Alma, MI 48801
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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Alma, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mt Pleasant Condo Near CMU
    $85,000
    1,552 SF

    Mt Pleasant Condo Near CMU

    5-bedroom, 2.5-bath condo near CMU with rental history.

    1825 S Crawford Rd, Mt Pleasant, MI 48858
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    Mt Pleasant Condo For Sale
    $85,000
    1,552 SF

    Mt Pleasant Condo For Sale

    5-bedroom condo in Mt Pleasant, leased until June 2026.

    1825 S Crawford St, Mt Pleasant, MI 48858
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    Saginaw Senior Living Redevelopment Opportunity
    $699,000
    32,682 SF

    Saginaw Senior Living Redevelopment Opportunity

    38-unit senior facility, redevelopment potential.

    2138 Carolina St, Saginaw, MI 48602
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    Multi-Family Building on Four Acres
    $949,000

    Multi-Family Building on Four Acres

    Saginaw Township multi-family building with endless opportunities on four acres.

    3749 Barnard Rd, Saginaw, MI 48603
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    Alma, MI Apartment Buildings Investment Opportunities Market Analysis

    Explore 4 apartment buildings for sale in Alma, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 182,081 square feet of properties for sale, with an estimated market value of $1,695,000.

    Prices for two-family homes in Alma, MI start at $138,000, averaging $423,750, and reaching up to $899,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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