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    Alma, MI Multifamily Properties for Sale

    7 results
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    Remodeled Duplex Near Holiday Park
    $165,000
    1,710 SF

    Remodeled Duplex Near Holiday Park

    303 Elizabeth St, Alma, MI 48801

    Updated duplex with modern amenities and investment potential near park.

    • Fully remodeled units with new kitchens featuring white farmhouse style, Corian tops, and new appliances. Bathrooms boast marble tops.
    • Potential for immediate occupancy or rental income.
    • Recent rental income of $950/month per unit.
    • Each unit is nearly 900 sq ft.
    • Located across the street from Holiday Park.
    Updated: Feb 23
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    Three-Unit Multifamily Property Near College
    Pending
    $169,900
    0.19 Acres

    Three-Unit Multifamily Property Near College

    421 Prospect Ave, Alma, MI 48801

    Three-unit property near Alma College, generating rental income.

    • Generating almost $3,000 a month in rental income.
    • Three rentable units offer investment or owner‑occupancy potential.
    • Prime location: close to Alma College, downtown, shopping, restaurants, and nightlife.
    • Recently updated with a two‑year‑old roof, remodeled bathroom, new paint, and flooring.
    • Utilities include cable availability.
    Updated: Feb 10
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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
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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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    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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    Turnkey Investment: Leased Apartment Building
    $899,000
    10,320 SF

    Turnkey Investment: Leased Apartment Building

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

    421 N State St, 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
    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.

    Downtown St. Louis Mixed-Use Building
    $144,900
    6,400 SF

    Downtown St. Louis Mixed-Use Building

    Mixed-use building with storefronts and residential potential.

    109 N Mill St, Saint Louis, MI 48880
    View details
    Remodeled Duplex in Downtown St. Louis
    $129,000
    2,200 SF

    Remodeled Duplex in Downtown St. Louis

    Cash-flowing duplex with updated finishes in downtown St. Louis.

    221 North St, Saint Louis, MI 48880
    View details
    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
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    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

    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 346,302 square feet of properties for sale, with an estimated market value of $2,528,900.

    Sale prices for multifamily properties in Alma, MI start at $138,000, averaging $361,271, and reaching up to $899,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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