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Quadplex with Screened Porch
For Sale
$149,000

316 Euclid Street, Alma, MI 48801

MULTI_FAMILY - Alma, MI

Property Size1,290 SF
Lot Size0.25 Acres
Price / SF$115.50
Days on Market49

Property Features for 316 Euclid Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family,Rental Histo
Zoning description Multi-Family, Rental History
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bedroom 4, Bathroom 3, Bedroom 2, Bathroom 4, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 5
Patio and Porch features Porch
Exterior features Screened Porch
Appliances Refrigerator, Oven/Range, Blinds, Smoke Alarms
Elementary school district Alma Public Schools
Middle school district Alma Public Schools
High school district Alma Public Schools
Directions FROM PINE AVE, TURN EAST ON SUPERIOR TO LIGHT, TURN RIGHT AT LIGHT TO PROPERTY
Subdivision Gratiot
Standard status Active
Size 1,290 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Description ORIGINAL TOWN, CITY OF ALMA, LOT 10, BLK 28
Tax Annual Amount 2024
Legal Description ORIGINAL TOWN, CITY OF ALMA, LOT 10, BLK 28

Building Details

Year built 1949
Floors in Building 2
Number of units 4
Building materials Frame
Roof type Asphalt
Architectural style Other
Listing Agency: 43 NORTH REALTY
Listed By: Micah Kemler · License #6505426348
Added: Jul 3 Changed: Aug 3 Last Checked: Aug 20 at 11:06PM
MLS# 1947570

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 well-maintained quadplex is a two-story frame property built in 1949 on a 0.25-acre lot. The exterior includes a porch and a screened porch. The building contains four residential units, with three units currently occupied and the fourth unit described as awaiting a tenant with buyer approval.

Each unit is set up with its own electrical panel and meter, as well as a separate furnace and heat source. This configuration allows tenants to pay their own utilities. The property is roofed with asphalt.

Interior features referenced include multiple bedrooms and bathrooms per unit, along with appliances such as a refrigerator and oven/range. Additional items listed include blinds and smoke alarms. The property is positioned within walking distance of downtown shopping, restaurants, and entertainment in Alma, Michigan.

Key Highlights

  • Two‑story quadplex built in 1949
  • 0.25‑acre lot with porch and screened porch
  • Four units total; three currently occupied and the fourth awaiting buyer approval

Property Analytics

Current Use

Quadplexes

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

428
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
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Well-maintained quadplex on a 0.25-acre lot with a screened porch and separate utility service for each unit.
Where is this quadplex located?
The property is located at 316 Euclid Street Alma, MI.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: Two‑story quadplex built in 1949; 0.25‑acre lot with porch and screened porch; Four units total; three currently occupied and the fourth awaiting buyer approval
More about this property
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