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    Alma, MI Apartment Buildings for Sale

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    Turnkey Investment: Leased Apartment Building
    $899,000
    10,320 SF

    Turnkey Investment: Leased Apartment Building

    421 N State St, Alma, MI 48801

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

    • Fully Leased 8‑Unit Building Generating Over $67,000 Annual Revenue
    • Turnkey Investment with Proven Track Record and No Vacancy Since 2015 Remodel
    • Prime, Desirable Location with High Rental Demand and Waiting List
    • Six 2‑Bedroom Units and Two 1‑Bedroom Units with Modern Finishes
    • Updated Kitchens, Bathrooms, and Living Spaces for Low‑Maintenance Living
    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

    5705 N State Rd, Alma, MI 48801

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

    • Steady residential and commercial rental income from fully‑rented units.
    • 3.45‑acre mixed‑use property offering versatile investment opportunities.
    • Commercial building with store frontage, office space, and a newer 80x40 barn.
    • 40x80 pole building provides potential for business expansion or storage.
    • Convenient location just off US‑127.
    Updated: Apr 4, 2025
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    Alma Investment Opportunity: Multi-Unit Potential
    $138,000
    0.32 Acres

    Alma Investment Opportunity: Multi-Unit Potential

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

    318 Woodworth Ave, Alma, MI 48801
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    Multi-Family Property Near Downtown Alma
    $159,000
    2,800 SF

    Multi-Family Property Near Downtown Alma

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

    426 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
    View details
    Downtown Mount Pleasant Multifamily Portfolio
    $869,000
    0.22 Acres

    Downtown Mount Pleasant Multifamily Portfolio

    Two multifamily properties in downtown Mount Pleasant near Central Michigan University.

    304 S Main St, Mount Pleasant, MI 48858
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    Downtown Multi-Family Portfolio Opportunity
    $869,000
    0.15 Acres

    Downtown Multi-Family Portfolio Opportunity

    Two multi-family properties in downtown Mt. Pleasant near CMU.

    109 Illinois St, Mount Pleasant, MI 48858
    View details

    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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