Building Details

Year Built 1950

Listing Agency: FIVE STAR REAL ESTATE - MT. PLEASANT y***@gmail.com Show Phone

Listed By: Andrew Young

Source: Metrodetroithomeguide

Added: Aug 22 Changed: Aug 28 Last Checked: Aug 30 at 5:59PM

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Investment Insights

Based on property information with market context.

This duplex income property at 221 Woodworth Ave in Alma, Michigan, was built in 1950. The property is described as requiring some work, providing a renovation component for an owner evaluating its residential income use.

The location is close to downtown and offers a Walk Score of 65, classified as Somewhat Walkable, along with a Bike Score of 53, classified as Bikeable. The seller is a licensed Michigan realtor.

Key Highlights

• Duplex property at 221 Woodworth Ave, Alma, MI 48801
• Constructed in 1950
• Close to downtown

Property Analytics

Property Profile

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy Restaurant Big Box & Wholesale Store Kitchen & Bath Showroom

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

503

Businesses Nearby

Explore this area Business Placement

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

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Frequently Asked Questions

What type of property is this?

Duplex - Built in 1950, the property offers walkable access and moderate bicycle connectivity near downtown Alma.

Where is this duplex located?

The property is located at 221 Woodworth Ave Alma, MI.

What is the asking price?

The asking price for this property is $89,900.

What are key features of this property?

This property features: Duplex property at 221 Woodworth Ave, Alma, MI 48801; Constructed in 1950; Close to downtown