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Two-Building Multifamily Property
For Sale
$275,000

1107 Michigan Avenue, Alma, MI 48801

Multi-Family, 2 Story, Alma, MI

Property Size2,782 SF
Lot Size0.29 Acres
Price / SF$98.85
Days on Market49

Property Features for 1107 Michigan Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Residential
Zoning description Residential
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Dining Room, Bathroom 3, Bathroom 1
Interior features Hardwood Floors, Storage Space, Formal Dining Room, Solarium/Sun Room, Mud Room, Loft
Exterior features Sidewalk, Gutters
Appliances Refrigerator, Oven/Range, Dishwasher, Washer, Dryer, Natural Gas Water Heater
Elementary school district Alma Public Schools
Middle school district Alma Public Schools
High school district Alma Public Schools
Directions From downtown Alma, head west on W Superior St. Turn north onto Michigan Ave. Continue to 1107 Michigan Ave; property will be on the left side of the road.
Subdivision Gratiot
Standard status Active
Size 2,782 SF
Lot size 0.29 Acres

Taxes and HOA fees

Tax Description See lengthy legal
Legal Description See lengthy legal

Building Details

Year built 1920
Floors in Building 2
Number of units 2
Building materials Frame
Roof type Metal
Architectural style Other
Additional Structures Storage
Listing Agency: 43 NORTH REALTY
Listed By: Charliene Bryant
Added: Aug 8 Changed: Sep 15 Last Checked: Sep 25 at 1:06AM
MLS# 1949073

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 multifamily property comprises two buildings totaling 2,782 square feet on 0.29 acres. The parsonage includes three bedrooms and 1.5 baths, while the former church building contains two bedrooms and a half bath. Together, the buildings provide separate interior configurations within a residentially zoned setting.

Interior features include hardwood floors, storage space, a formal dining room, solarium or sun room, mud room, and loft. The property also includes a refrigerator, oven/range, dishwasher, washer, dryer, and natural gas water heater. Frame construction, a metal roof, gutters, and sidewalk frontage complete the physical improvements. Built in 1920, the property is located in Alma, Michigan.

Key Highlights

  • Two‑building multifamily property totaling 2,782 square feet on 0.29 acres
  • Parsonage includes 3 bedrooms and 1.5 baths
  • Former church building offers 2 bedrooms and a half bath

Property Analytics

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Current Use

Churches & religious facilities

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.

Location Intelligence

Trade Area within ½ mile

157
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Multifamily property - Residentially zoned offering with a parsonage and former church building providing distinct living and flexible interior spaces.
Where is this multifamily property located?
The property is located at 1107 Michigan Avenue Alma, MI.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two‑building multifamily property totaling 2,782 square feet on 0.29 acres; Parsonage includes 3 bedrooms and 1.5 baths; Former church building offers 2 bedrooms and a half bath
More about this property
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