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Multifamily Property with Covered Deck
New
For Sale
$305,000

430 Bridge Avenue, Alma, MI 48801

MULTI_FAMILY - Alma, MI

Property Size4,288 SF
Lot Size0.32 Acres
Price / SF$71.13
Days on Market2

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 Bathroom 3, Bathroom 5, Bedroom 11, Bathroom 1, Bedroom 9, Bathroom 4, Bedroom 7, Bedroom 8, Bathroom 6, Bedroom 6, Bedroom 12, Bedroom 2, Bedroom 4, Bedroom 10, Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 3
Patio and Porch features Deck, Porch
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: Jul 31 Last Checked: Jul 31 at 7:06PM
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 apartment building-style multifamily property includes a main home plus a newer apartment and two single-room studio units. The main home features 4 bedrooms, 2 bathrooms, two full kitchens, and first-floor laundry, with additional rooms that can function as extra bedrooms or flexible living spaces. A 1,021 SF basement provides valuable storage. A newer 1,176 SF apartment offers 2 bedrooms, 2 bathrooms, and a large covered deck. The property also includes two single-room studio units, along with a 13 x 38 storage/workshop area.

The home sits on a 0.32-acre lot and includes exterior deck and porch features, plus balcony elements. A large concrete driveway provides ample parking for multiple vehicles, and RV parking is noted among the exterior features.

Built in 1944, the structure is frame construction with an asphalt roof. Appliances listed include a refrigerator, oven/range, cook top, washer, and dryer.

Key Highlights

  • 0.32‑acre lot with large concrete driveway and RV parking
  • Main home: 4 bedrooms, 2 bathrooms, two full kitchens, first‑floor laundry
  • 1,021 SF basement for storage

Property 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

157
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?
Apartment building - Residential, multi-family property with a two-bedroom apartment, two studio units, and a covered deck for tenant convenience.
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: 0.32‑acre lot with large concrete driveway and RV parking; Main home: 4 bedrooms, 2 bathrooms, two full kitchens, first‑floor laundry; 1,021 SF basement for storage
More about this property
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