Search
Multi-Unit Apartment Building
For Sale
$305,000

430 Bridge Avenue, Alma, MI 48801

Multi-Family, 1.5 Story, Quad, Apartment, In-Law Suite/Apt, Alma, MI

Property Size4,288 SF
Lot Size0.32 Acres
Price / SF$71.13
Days on Market48

Property Features for 430 Bridge Avenue

General Information

Property type Residential Multi Family
Property subtype Apartment
Zoning Residential,Multi-Family
Zoning description Residential, Multi-Family
Bedrooms 12
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 1, Bedroom 7, Bathroom 5, Bedroom 6, Bedroom 9, Bathroom 1, Bedroom 11, Bedroom 2, Bedroom 8, Bedroom 3, Bathroom 6, Bedroom 12, Bedroom 4, Bedroom 10, Bedroom 5, Bathroom 4, Bathroom 3, Bathroom 2
Patio and Porch features Porch, Deck
Exterior features Deck, Porch, Balcony, RV Parking, Gutters
Appliances Refrigerator, Oven/Range, Washer, Dryer, Cook Top
Elementary school district Alma Public Schools
Middle school district Alma Public Schools
High school district Alma Public Schools
Directions From Superior Street, north on Bridge Avenue
Subdivision Gratiot
Standard status Active
Size 4,288 SF
Lot size 0.32 Acres

Taxes and HOA fees

Tax Description COM 323 FT N & 33 FT E OF SW COR OF SEC 35-12-3, TH E 157 FT N 90 FT W 157 FT S 90 FT TO BEG
Tax Annual Amount 3377
Legal Description COM 323 FT N & 33 FT E OF SW COR OF SEC 35-12-3, TH E 157 FT N 90 FT W 157 FT S 90 FT TO BEG

Building Details

Year built 1944
Floors in Building 4
Number of units 5
Building materials Frame
Roof type Asphalt
Architectural style Other
Listing Agency: 43 NORTH REALTY
Listed By: Sue Welling · License #6501286671
Added: Jul 30 Changed: Sep 15 Last Checked: Sep 15 at 9:06PM
MLS# 1948743

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 4,288-square-foot apartment property, built in 1944, combines several residential configurations within one asset. The primary residence includes four bedrooms, two bathrooms, two full kitchens, first-floor laundry, additional flexible rooms, and a 1,021-square-foot basement. A newer 1,176-square-foot apartment adds two bedrooms, two bathrooms, and a covered deck, while two single-room studio units provide additional accommodations. The property also includes a 13 x 38 storage area or workshop and a large concrete driveway for parking.

Residential, Multi-Family zoning applies to the 0.32-acre property. The address is less than two miles from Alma’s downtown district, a local hospital, and major shopping centers. Exterior features include a porch, deck, balcony, RV parking, gutters, and an asphalt roof.

Key Highlights

  • 4,288‑square‑foot apartment property on 0.32 acres
  • Main residence includes 4 bedrooms, 2 bathrooms, and two full kitchens
  • 1,176‑square‑foot apartment with 2 bedrooms, 2 bathrooms, and a covered deck

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

GlitchMan2 Photography Photography Service

Suggested Use

Top Pick Real Estate Agency Law Firm Kitchen & Bath Showroom Electrical Service HVAC Service 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

4
Residential units

Location Intelligence

Trade Area within ½ mile

153
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Residential, Multi-Family zoning covers a main residence, apartment, and two studio units with shared parking and storage improvements.
Where is this apartment building located?
The property is located at 430 Bridge Avenue Alma, MI.
What is the asking price?
The asking price for this property is $305,000.
What are key features of this property?
This property features: 4,288‑square‑foot apartment property on 0.32 acres; Main residence includes 4 bedrooms, 2 bathrooms, and two full kitchens; 1,176‑square‑foot apartment with 2 bedrooms, 2 bathrooms, and a covered deck
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message