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    Alma, MI
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    Alma, MI Duplexes for Sale

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    Saint Louis, MI Ithaca, MI Elwell, MI Elm Hall, MI Riverdale, MI Breckenridge, MI Shepherd, MI Wheeler, MI
    Remodeled 1.5-Story Duplex
    Updated: Jun 18
    Remodeled 1.5-Story Duplex

    313 Pleasant Avenue, Alma, MI 48801

    $160,000
    1,280 sqft 0.34 AC lot
    Remodeled 1.5‑story duplex built in 1967 with two separate units
    Lower unit: 2 bedrooms, 1 bathroom, living room, kitchen, and back deck
    Upper unit: 1 bedroom, 1 bathroom, living room, and kitchen
    Major updates since Fall 2024 include new flooring and paint, one furnace, electrical, numerous plumbing updates, and updated lighting
    Metal roof with frame construction, plus sidewalk and gutters
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    Top-Bottom Duplex Investment
    Updated: Jun 7
    Top-Bottom Duplex Investment

    230 Ely Street, Alma, MI 48801

    $50,043
    3,720 sqft 0.13 AC lot
    Top/bottom duplex built in 1959 on Alma’s south side
    Each unit is a 2‑bedroom, 1‑bath layout
    About 3,720 total SF with frame construction, metal and asphalt roof
    Recent fire has left the interior as a blank slate; full rehabilitation and proper permitting required
    Seller offers a $10,000 credit held in escrow and released upon completion of at least 50% of reconstruction
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    Fire-Damaged Duplex With Rehab
    Fire-Damaged Duplex With Rehab

    230 Ely St, Alma, MI 48801

    $50,043
    3,720 sqft

    Top/bottom duplex requiring full rehabilitation, offering a blank-slate interior to support your customized renovation plan.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Remodeled 1.5-Story Duplex
    Remodeled 1.5-Story Duplex

    313 Pleasant Ave, Alma, MI 48801

    $160,000

    Remodeled duplex with two separate units and updates including flooring, paint, electrical, and plumbing.

    View details
    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

    Opportunities in Nearby Cities

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

    Residential Income Duplex with Apartment
    Residential Income Duplex with Apartment

    8941 S Mission Road, Mt Pleasant, MI 48858

    $329,000
    2,400 sqft 1.00 AC lot

    Two connected living units on an acre, featuring multiple skylights, fireplaces, and an oversized 3-car garage.

    View details
    Historic St. Louis Home
    Historic St. Louis Home

    Saint Louis, MI 48880

    $249,000
    1,500 sqft

    Remodeled home with attached apartment near downtown St. Louis.

    View details
    Well-Maintained Duplex Near Campus
    Well-Maintained Duplex Near Campus

    1915 Stockman, Mt Pleasant, MI 48858

    $174,900
    2,188 sqft 0.26 AC lot

    A leased duplex with two 3-bedroom units, where tenants pay utilities and the owner covers trash and water/sewer.

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    Top-Bottom Duplex Investment
    Top-Bottom Duplex Investment

    Saint Louis, MI 48880

    $119,000

    Well-maintained top/bottom duplex offers two rental units with 2 bedrooms and 1 full bath each.

    View details

    Alma, MI Duplexes Market Trends and Statistics

    Explore 4 duplexes for sale in Alma, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 8,720 square feet of properties for sale, with an estimated market value of $420,086.

    Sale prices for duplexes in Alma, MI start at $50,043, averaging $105,021, and reaching up to $160,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 4
    Quadplexes 4
    Apartment buildings 3
    Triplexes 1

    Demographics Overview

    Population 13K
    Population Growth (5Y) +5.6%
    Median Household Income $57,449
    College Educated 19.2%

    High-Yield Neighborhoods for Investment

    Identify Alma submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48801 $105K

    Taxes & Financing

    Tax Rate (average for all types) 4.53%
    Tax Rate vs County Average 0.57 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Gratiot County

    New Delisted

    Total CRE Inventory on Market (SF)

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