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    Alma, MI Multifamily Properties for Sale

    7 results
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    Three-Unit Multifamily Property Near College
    Pending
    $179,900
    0.19 Acres

    Three-Unit Multifamily Property Near College

    421 Prospect Ave, Alma, MI 48801

    Three-unit property near Alma College generating approximately $3,000 monthly.

    • High income potential: Generating almost $3,000/month from 3 rented units.
    • Prime location: Close to Alma College, downtown, shopping, restaurants, and nightlife.
    • Updated features: Includes a two‑year‑old roof, remodeled bathroom, new paint, and new flooring.
    • Multi‑unit property: Offers flexibility for investors or owner‑occupants to live in one unit and rent out the others.
    • Month‑to‑month rentals: Provides immediate income and flexibility with tenant leases.
    Updated: Jan 14
    View details
    Turnkey Investment: Leased Apartment Building
    $899,000
    10,320 SF

    Turnkey Investment: Leased Apartment Building

    421 N State St, Alma, MI 48801

    Fully leased 8-unit apartment building with strong rental income.

    • Fully Leased 8‑Unit Building Generating Over $67,000 Annual Revenue
    • Turnkey Investment with Proven Track Record and No Vacancy Since 2015 Remodel
    • Prime, Desirable Location with High Rental Demand and Waiting List
    • Six 2‑Bedroom Units and Two 1‑Bedroom Units with Modern Finishes
    • Updated Kitchens, Bathrooms, and Living Spaces for Low‑Maintenance Living
    Updated: Feb 28, 2025
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    Mixed-Use Property with Income Potential
    $499,000
    23,443 SF

    Mixed-Use Property with Income Potential

    3.45-acre mixed-use property with residential and commercial income.

    5705 N State Rd, Alma, MI 48801
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    Mixed-Use Property with Income Potential
    $499,000
    2,579 SF

    Mixed-Use Property with Income Potential

    3.45-acre mixed-use property with residential and commercial income.

    5705 N State Rd, Alma, MI 48801
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    Alma Investment Opportunity: Multi-Unit Potential
    $138,000
    0.32 Acres

    Alma Investment Opportunity: Multi-Unit Potential

    3-4 unit property in Alma, MI, ready for renovation.

    318 Woodworth Ave, Alma, MI 48801
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    Commercial Building with Two Apartments
    $100,000
    3,800 SF

    Commercial Building with Two Apartments

    Versatile commercial space with residential income potential in Alma, MI.

    1242 E Superior St, Alma, MI 48801
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    Multi-Family Property Near Downtown Alma
    $159,000
    2,800 SF

    Multi-Family Property Near Downtown Alma

    Fully rented 5-unit property in the heart of Alma.

    426 N State St, Alma, MI 48801
    View details
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 7 Active listings in Alma, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mt Pleasant Condo Near CMU
    $85,000
    1,552 SF

    Mt Pleasant Condo Near CMU

    5-bedroom, 2.5-bath condo near CMU with rental history.

    1825 S Crawford Rd, Mt Pleasant, MI 48858
    View details
    Mt Pleasant Condo For Sale
    $85,000
    1,552 SF

    Mt Pleasant Condo For Sale

    5-bedroom condo in Mt Pleasant, leased until June 2026.

    1825 S Crawford St, Mt Pleasant, MI 48858
    View details
    Duplex Near Central Michigan University
    $140,000
    0.12 Acres

    Duplex Near Central Michigan University

    Well-maintained duplex with leases through 2026 and 2027.

    1011 S Lansing St, Mount Pleasant, MI 48858
    View details
    Mt Pleasant Triplex For Sale
    $239,900

    Mt Pleasant Triplex For Sale

    Three-unit residential property in Mt Pleasant, ideal for owner occupants.

    706 S Arnold St, Mount Pleasant, MI 48858
    View details

    Alma, MI Multifamily Properties Investment Opportunities Market Analysis

    Explore 7 multifamily properties for sale in Alma, MI, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 362,855 square feet of properties for sale, with an estimated market value of $2,592,900.

    Prices for multifamily properties in Alma, MI start at $100,000, averaging $324,112, and reaching up to $899,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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    • 48801

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