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    Alma, MI Apartment Buildings for Sale

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    Detroit, MI Jackson, MI Flint, MI
    Turnkey Investment: Leased Apartment Building
    $899,000
    10,320 SF

    Turnkey Investment: Leased Apartment Building

    421 N State Street, 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: Sep 5, 2024
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    Mixed-Use Property with Income Potential
    $440,000
    23,443 SF

    Mixed-Use Property with Income Potential

    5705 N State Road, Alma, MI 48801

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

    • Steady income from four fully‑rented apartment units and a commercial tenant.
    • 3.45‑acre mixed‑use property with residential and commercial potential.
    • Commercial building with store frontage, office space, and an 80x40 barn.
    • Prime location just off US‑127, offering convenient access.
    • Newer 400‑foot, 5‑inch well.
    Updated: Mar 11
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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 Street, Alma, MI 48801
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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 Avenue, Alma, MI 48801
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    Mixed-Use Property with Income Potential
    $440,000
    23,443 SF

    Mixed-Use Property with Income Potential

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

    5705 N State Road, Alma, MI 48801
    View details
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 5 Active listings in Alma, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

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

    Laingsburg Mixed-Use Investment Property
    $165,000
    0.07 Acres

    Laingsburg Mixed-Use Investment Property

    Fully leased mixed-use property in downtown Laingsburg with long-term tenants.

    252 E Grand River Road, Laingsburg, MI 48848
    View details
    Mixed-Use Property in Downtown Laingsburg
    $165,000
    2,400 SF

    Mixed-Use Property in Downtown Laingsburg

    Fully leased mixed-use property with long-term tenants in downtown Laingsburg.

    252 E Grand River Road, Laingsburg, MI 48848
    View details
    Mt Pleasant Condo Near CMU
    $85,000
    1,554 SF

    Mt Pleasant Condo Near CMU

    Five-bedroom condo near CMU with multifamily license for five.

    1825 A8 S Crawford Road, Mt Pleasant, MI 48858
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    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 D7 S Crawford Road, Mt Pleasant, MI 48858
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land Near Shepherd University
    $650,000
    3.70 Acres

    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443
    View details
    Wilkes Barre Land Opportunity
    $130,000
    0.43 Acres

    Wilkes Barre Land Opportunity

    Land available for multi-unit development near university and transportation.

    320 N Main Street, Wilkes Barre, PA 18702
    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres

    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806
    View details
    Brooklyn Two-Family Home with Development Potential
    $1,888,888
    0.10 Acres

    Brooklyn Two-Family Home with Development Potential

    Two-family home on a large lot with significant development potential.

    69 Martense Street, Brooklyn, NY 11226
    View details

    Alma, MI Apartment Buildings Investment Opportunities Market Analysis

    Explore 5 apartment buildings for sale in Alma, MI, showcased through 5 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 $1,636,000.

    Sale prices for two-family homes in Alma, MI start at $138,000, averaging $409,000, and reaching up to $899,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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