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Remodeled Duplex with Two Units
For Sale
$154,900

313 Pleasant Avenue, Alma, MI 48801

Multi-Family, 1.5 Story, Duplex, Alma, MI

Property Size1,280 SF
Lot Size0.34 Acres
Price / SF$121.02
Days on Market83

Property Features for 313 Pleasant Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Residential
Zoning description Residential
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1
Exterior features Sidewalk, Gutters
Appliances Refrigerator, Oven/Range, Dishwasher, Smoke Alarms
Elementary school district Alma Public Schools
Middle school district Alma Public Schools
High school district Alma Public Schools
Directions From the intersection of Superior and Pleasant, go South on Pleasant and property will be located on the West side of the street.
Subdivision Gratiot
Standard status Active
Size 1,280 SF
Lot size 0.34 Acres

Taxes and HOA fees

Tax Description COM 40 RDS E, 30 RDS S OF NW COR OF SEC 2-11-3, W 20 RDS, S 3 RDS, E 20 RDS, N 3 RDS TO BEG.
Tax Annual Amount 2113
Legal Description COM 40 RDS E, 30 RDS S OF NW COR OF SEC 2-11-3, W 20 RDS, S 3 RDS, E 20 RDS, N 3 RDS TO BEG.

Building Details

Year built 1967
Floors in Building 2
Number of units 2
Building materials Frame
Roof type Metal
Architectural style Other
Listing Agency: LABELLE REALTY LLC
Listed By: Doug LaBelle · License #6502414907
Added: Jun 18 Changed: Aug 30 Last Checked: Sep 8 at 4:06PM
MLS# 1946783

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 1.5-story duplex provides 1,280 square feet across two residential units on a 0.34-acre parcel. The lower residence has two bedrooms, one bathroom, a living area, kitchen, and rear deck. Upstairs, the one-bedroom unit includes one bathroom, a living room, and a kitchen. The property was built in 1967 and includes a metal roof, frame construction, gutters, and sidewalk access.

Updates completed since Fall 2024 include new flooring, interior paint, lighting, electrical work, plumbing improvements, and one furnace replacement. Appliances include a refrigerator, oven/range, dishwasher, and smoke alarms. The property is designated Residential and is located in Alma, Michigan.

Key Highlights

  • Two‑unit duplex with 1,280 square feet of building area
  • Lower unit includes 2 bedrooms, 1 bathroom, kitchen, living room, and rear deck
  • Upper unit offers 1 bedroom, 1 bathroom, kitchen, and living room

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Kitchen & Bath Showroom Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

114
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - The two residences include separate kitchens and living rooms, with a rear deck serving the lower unit.
Where is this duplex located?
The property is located at 313 Pleasant Avenue Alma, MI.
What is the asking price?
The asking price for this property is $154,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,280 square feet of building area; Lower unit includes 2 bedrooms, 1 bathroom, kitchen, living room, and rear deck; Upper unit offers 1 bedroom, 1 bathroom, kitchen, and living room
More about this property
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