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Quadplex with Commercial Storefront
For Sale
$375,000

5705 N State Road, Alma, MI 48801

MULTI_FAMILY - Alma, MI

Property Size2,579 SF
Lot Size3.45 Acres
Price / SF$145.41
Days on Market830

Property Features for 5705 N State Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family,Commercial
Zoning description Multi-Family, Commercial
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 2, Bathroom 4, Bathroom 1, Bathroom 3
Interior features Storage Space, Drywall
Exterior features Countryside View
Appliances Refrigerator, Oven/Range
Elementary school district Alma Public Schools
Middle school district Alma Public Schools
High school district Alma Public Schools
Directions JUST SOUTH OF LINCOLN ROAD AND STATE ROAD INTERSECTION.
Subdivision Gratiot
Standard status Active
Size 2,579 SF
Lot size 3.45 Acres

Taxes and HOA fees

Tax Description COM 16 RDS N OF SE COR OF NE 1/4 OF NE 1/4,TH W 200 FT,N 6 RES,E 200 FT, S 6 RDS TO POB,ALSO AT THE SE COR OF THE NE 1/4 OF THE NE 1/4,TH W 40 RDS,N 16 RDS,E 40 RDS,S 16 RDS TO BEG EX S 165 FT,OF THE E 264 FT,SEC 1.3.45 AC (200x200x99x460x264x396x165x264)
Tax Annual Amount 10882
Legal Description COM 16 RDS N OF SE COR OF NE 1/4 OF NE 1/4,TH W 200 FT,N 6 RES,E 200 FT, S 6 RDS TO POB,ALSO AT THE SE COR OF THE NE 1/4 OF THE NE 1/4,TH W 40 RDS,N 16 RDS,E 40 RDS,S 16 RDS TO BEG EX S 165 FT,OF THE E 264 FT,SEC 1.3.45 AC (200x200x99x460x264x396x165x264)

Utilities

Water source Private

Building Details

Year built 1970
Floors in Building 1
Number of units 4
Building materials Frame
Roof type Asphalt
Architectural style Other
Additional Structures Storage
Listing Agency: AMERICA'S CHOICE REALTY LLC
Listed By: Cody Nevins · License #6501446537
Added: May 13, 2024 Changed: Aug 2 Last Checked: Aug 20 at 10:06PM
MLS# 1922176

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 mixed-use quadplex property sits on 3.45 acres and includes four fully-rented apartment units plus a fifth unit nearing completion. The residential portion is a frame building with drywall and storage space, an asphalt roof, and a private water source. Appliances noted include a refrigerator and oven/range. The listing also references a newer well at 400 feet, 5 inches.

The commercial component features a building with store frontage and office space, with a special-purpose 80x40 barn built in 2011. A dog grooming business currently rents the commercial space on a month-to-month basis. A 40x80 pole building is also on-site for storage or future expansion.

Conveniently located just off US-127, the property is positioned to support consistent residential rental income alongside commercial tenancy.

Key Highlights

  • 3.45‑acre mixed‑use property with four fully‑rented apartment units and a fifth unit nearing completion
  • Residential building: frame construction, drywall, storage space, asphalt roof, private water source
  • Newer well: 400‑foot, 5‑inch

Property Analytics

Current Use

Dean F. Sova ... Apartment Building

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Veterinary Clinic Florist Auto Repair Shop

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

36
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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Mixed-use quadplex with commercial store frontage, office space, and multiple outbuildings on 3.45 acres.
Where is this quadplex located?
The property is located at 5705 N State Road Alma, MI.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 3.45‑acre mixed‑use property with four fully‑rented apartment units and a fifth unit nearing completion; Residential building: frame construction, drywall, storage space, asphalt roof, private water source; Newer well: 400‑foot, 5‑inch
More about this property
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