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    Two-Story Fourplex Income Property

    316 Euclid Street Alma, MI 48801

    Claim this Listing
    For Sale
    $149,000

    MULTI_FAMILY - Alma, MI

    Property size:
    1,290 SF
    Lot size:
    0.25 Acres
    Price / SF:
    $115/SF
    Added:
    Jul 3, 2026
    Days on Market:
    10
    Last Refresh:
    Jul 12 at 3:06 am

    Property Features for 316 Euclid Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Multi-Family,Rental Histo
    Bedrooms
    5
    Bathrooms
    4
    Rooms
    Bedroom 3, Bathroom 4, Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 5, Bedroom 4, Bathroom 2
    Patio and Porch features
    Porch
    Exterior features
    Screened Porch
    Appliances
    Refrigerator, Oven/Range, Blinds, Smoke Alarms
    Standard status
    Active
    Size
    1,290 SF
    Lot size
    0.25 Acres

    Taxes and HOA fees

    Tax Description
    ORIGINAL TOWN, CITY OF ALMA, LOT 10, BLK 28
    Tax Annual Amount
    2024

    Building Details

    Year built
    1949
    Floors in Building
    2
    Number of units
    4
    Building materials
    Frame
    Roof type
    Asphalt
    Architectural style
    Other

    Listing agent Micah Kemler License #6502426111

    Listing office 43 NORTH REALTY 202 E Superior Street, Alma, MI

    Listing date Jul 3, 2026

    MLS# 1947570 Listing URL

    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 well-maintained two-story fourplex provides a straightforward rental setup with four separate units. Currently, three of the four units are occupied, and the remaining unit has a potential tenant awaiting buyer approval. Each unit is independently served with its own electrical panel and meter, along with a separate furnace and heat source, allowing tenants to pay their own utilities.

    The property is located just steps from downtown Alma, within walking distance of shopping, restaurants, and entertainment. The proximity to downtown amenities can support convenient day-to-day living for residents.

    For investors, this configuration offers practical control points for unit-level utilities and heat. With a proven rental history referenced in the listing and a path to reach full occupancy subject to buyer approval, the building may fit buyers seeking a small, manageable multi-family asset with clear unit separation and operating structure. The fourplex is offered for sale in Alma, Michigan.

    Key Highlights

    • Well‑maintained 2‑story four‑plex built in 1949
    • Three of four units are currently occupied; fourth unit has a potential tenant awaiting buyer approval
    • Each unit has its own electrical panel and meter, plus a separate furnace/heat source

    Property Analytics

    Location Intelligence

    Current Use by Public Records

    Quadplexes

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    FAQs

    What type of property is this?
    Quadplex - Well-maintained four-unit building with separate utility meters and furnaces, offering immediate partial occupancy.
    Where is this quadplex located?
    The property is located at 316 Euclid Street Alma, MI.
    What is the asking price?
    The asking price for this property is $149,000.
    What are key features of this property?
    This property features: Well‑maintained 2‑story four‑plex built in 1949; Three of four units are currently occupied; fourth unit has a potential tenant awaiting buyer approval; Each unit has its own electrical panel and meter, plus a separate furnace/heat source
    Contact an agent
    (989) 330-4037
    We can help!
    Contact an agent
    Micah Kemler
    Real Estate License ID: 6502426111
    Learn More
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