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    2-Unit Duplex Requiring Rehabilitation Title is generated by Realmo AI

    230 Ely Street, Alma, MI 48801

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    Claim this Listing
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    For Sale
    $50,043

    Duplex (2 Story),2 Residences / 1 Lot, 2 Story,Duplex - Alma, MI

    Property size:
    3,720 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $13/SF
    Added:
    Jun 7, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 8 at 8:06 pm

    Property Features for 230 Ely Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Residential,Multi-Family
    Parking
    1
    Parking features
    None
    Interior features
    Fixer-upper
    Standard status
    Active
    Size
    3,720 SF
    Lot size
    0.13 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2656.49

    Utilities

    Heating system
    Forced Air

    Building Details

    Floors in Building
    2
    Number of units
    2
    Roof type
    Asphalt, Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Micah Kemler

    Listing agent Micah Kemler

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

    Listing date Jun 7, 2026

    MLS# 1946299 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.

    HighLights

    • Top/bottom duplex on Alma’s south side with interior damaged by a recent fire, ready for a full rehabilitation
    • Each unit is 2 bed, 1 bath
    • Approximately 3,720 total SF with space to rework finishes and layout during renovation
    • Forced air heating; roof includes asphalt and metal
    • Seller offers a $10,000 credit held in escrow and released upon completion of at least 50% of the reconstruction
    • Market rents estimated at $650–$750 per month per unit once completed

    Overview

    This two-story top/bottom duplex includes two residences on one lot. Each unit is laid out as a 2-bedroom, 1-bath plan. The property recently experienced a fire, leaving the interior as a blank slate and requiring full rehabilitation, including proper permitting, before it can be finished and occupied.

    The site is located on Alma’s south side, just south of downtown, and is described as being close to shopping, dining, and everyday conveniences. The zoning is listed as Residential, Multi-Family.

    This offering is best suited for investors or owner-occupants prepared to manage a full reconstruction. Because of the current condition, all potential buyers must sign a hold harmless agreement prior to entry. The seller is also offering a $10,000 credit to the buyer, held in escrow and released upon completion of at least 50% of the reconstruction, which can help offset early rehab costs as work progresses. After completion, the seller estimates rents of $650–$750 per month per unit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alma
    County
    Gratiot
    State
    Michigan
    Longitude
    -84.659281
    Latitude
    43.374135

    FAQs

    What type of property is this?
    Duplex - Top/bottom duplex with two 2-bed, 1-bath residences needing full rehabilitation after a recent fire.
    Where is this duplex located?
    The property is located at 230 Ely Street Alma, MI.
    What is the asking price?
    The asking price for this property is $50,043.
    What are key features of this property?
    This property features: Top/bottom duplex on Alma’s south side with interior damaged by a recent fire, ready for a full rehabilitation; Each unit is 2 bed, 1 bath; Approximately 3,720 total SF with space to rework finishes and layout during renovation
    More about this property
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