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Alma, MI Residential Income Properties for Sale

8 results
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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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Mixed-Use Property with Income Potential
$499,000
2,579 SF

Mixed-Use Property with Income Potential

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

5705 N State Rd, 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 Ave, Alma, MI 48801
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Two-Story Triplex in Alma, MI
$119,000
2,080 SF

Two-Story Triplex in Alma, MI

Two-story triplex near downtown Alma with steady rental income.

256 Ely St, Alma, MI 48801
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Commercial Building with Two Apartments
$100,000
3,800 SF

Commercial Building with Two Apartments

Versatile commercial space with residential income potential in Alma, MI.

1242 E Superior St, Alma, MI 48801
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Three-Unit Multifamily Property Near College
$179,900
0.19 Acres

Three-Unit Multifamily Property Near College

Three-unit property near Alma College generating approximately $3,000 monthly.

421 Prospect 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 12 Potential Opportunities for your consideration. Besides 8 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.

Automotive Business with Residential Home
$279,900
7,775 SF

Automotive Business with Residential Home

Commercial property with auto shop, outbuilding, and residential home.

1729 W Monroe Rd, Saint Louis, MI 48880
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Remodeled Duplex in Downtown St. Louis
$129,000
2,200 SF

Remodeled Duplex in Downtown St. Louis

Cash-flowing duplex with updated finishes in downtown St. Louis.

221 North St, Saint Louis, MI 48880
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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 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
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Alma, MI Residential Income Properties Investment Opportunities Market Analysis

Explore 8 residential income properties for sale in Alma, MI, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 362,855 square feet of properties for sale, with an estimated market value of $2,592,900.

Prices for residential income properties in Alma, MI start at $100,000, averaging $324,112, 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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