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Remodeled 1.5-Story Duplex
For Sale
$160,000

313 Pleasant Ave, Alma, MI 48801

Remodeled duplex with two separate units and updates including flooring, paint, electrical, and plumbing.

Property Size640 SF
Days on Market52

Property Features for 313 Pleasant Ave

General Information

Standard status Active
Size 640 SF
Property subtype Investment

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,113

Building Details

Building Size 640 SF
Year Built 1967
Year Renovated 2024
Stories 2
Units 2
Listing Agency: LABELLE REALTY LLC
Listed By: Doug LaBelle · License #6502414907
Source: Elliman
Added: Jun 22 Changed: Aug 8 Last Checked: Aug 11 at 9:16AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LABELLE REALTY LLC

Investment Insights

Based on property information with market context.

This remodeled 1.5-story duplex offers two self-contained living units. The lower unit features two bedrooms, one bathroom, a living room, kitchen, and a back deck. The upper unit includes one bedroom, one bathroom, a living room, and a kitchen. Major improvements since the owners purchased the property in fall 2024 include new or updated flooring and paint, a furnace, electrical work, numerous plumbing updates, and updated lighting.

The property is located on the southeast side of Alma. Based on public record and/or seller-provided information, the home includes a spacious, very deep back yard per county records. Walk and bike scores provided indicate the area is car-dependent, which may matter for tenant day-to-day access.

As a residential income property, the layout supports separate unit living within a single building. With the noted interior and mechanical updates, it may appeal to buyers looking for a duplex with recent renovations and defined unit configurations. Buyers should verify all information using public records and any items confirmed by the seller.

Key Highlights

  • 1967 remodeled 1.5‑story duplex with two separate units
  • Lower unit: 2 bedrooms, 1 bathroom, living room, kitchen, and back deck
  • Upper unit: 1 bedroom, 1 bathroom, living room, and kitchen

Property Analytics

Current Use

Duplexes

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.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

114
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

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 - Remodeled duplex with two separate units and updates including flooring, paint, electrical, and plumbing.
Where is this duplex located?
The property is located at 313 Pleasant Ave Alma, MI.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: 1967 remodeled 1.5‑story duplex with two separate units; Lower unit: 2 bedrooms, 1 bathroom, living room, kitchen, and back deck; Upper unit: 1 bedroom, 1 bathroom, living room, and kitchen
More about this property
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