For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Residential Income
1
  • Retail
  • Office
  • Residential Income
  • Restaurants
  • Industrial
  • Mixed-Use
  • Hospitality
  • Health Care
  • Sports & Entertainment
  • Land
  • Agricultural
  • Specialty
Price
Price range
$
$
Size
Property size / sq.ft.

Alma, MI Multifamily Properties for Sale

List
Map
7 results
Turnkey Investment: Leased Apartment Building
$899,000
10,320 SF

Turnkey Investment: Leased Apartment Building

421 N State Street, 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: Sep 5, 2024
View details
Mixed-Use Property with Income Potential
$440,000
23,443 SF

Mixed-Use Property with Income Potential

5705 N State Road, Alma, MI 48801

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

  • Steady income from four fully‑rented apartment units and a commercial tenant.
  • 3.45‑acre mixed‑use property with residential and commercial potential.
  • Commercial building with store frontage, office space, and an 80x40 barn.
  • Prime location just off US‑127, offering convenient access.
  • Newer 400‑foot, 5‑inch well.
Updated: Mar 11
View details
Mixed-Use Property with Rental Income
$440,000
2,579 SF

Mixed-Use Property with Rental Income

3.45-acre property with residential and commercial rental income.

5705 N State Road, Alma, MI 48801
View details
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 Street, Alma, MI 48801
View details
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 Avenue, Alma, MI 48801
View details
Mixed-Use Property with Income Potential
$440,000
23,443 SF

Mixed-Use Property with Income Potential

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

5705 N State Road, Alma, MI 48801
View details
Alma Investment Opportunity: Multi-Unit Potential
$138,000

Alma Investment Opportunity: Multi-Unit Potential

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

318 Woodworth Avenue, Alma, MI 48801
View details
Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 7 Active listings in Alma, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

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.

Saint Louis, MI 48880
View details
Ithaca Duplex with Rental History
$99,900
1,400 SF

Ithaca Duplex with Rental History

Well-maintained duplex with strong rental history on spacious corner lot.

501 N Pine River Street, Ithaca, MI 48847
View details
St. Louis Duplex with Income
$249,000
1,504 SF

St. Louis Duplex with Income

Remodeled duplex near downtown St. Louis with income potential.

Saint Louis, MI 48880
View details
4 - Plex, 2 Story - Ithaca, MI
$160,000
2,550 SF

4 - Plex, 2 Story - Ithaca, MI

Quadplexes · 2,550 SF

302 N Pine River Street, Ithaca, MI 48847
View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Land in Riverdale
Contact for pricing
0.67 Acres

Residential Land in Riverdale

Vacant residential land suitable for building or mobile home placement.

TBD N Lumberjack Road, Riverdale, MI 48877
View details
Recreational Land in Gated Community
$44,000
0.75 Acres

Recreational Land in Gated Community

0.75-acre lot with hookups in White Birch Lakes Association.

4537 Pine Run, Farwell, MI 48622
View details
Residential Lot in Prudenville, MI
Contact for pricing
0.48 Acres

Residential Lot in Prudenville, MI

Partially wooded lot, perfect for a mobile home.

206 Middle Drive, Prudenville, MI 48651
View details
Recreational Land with Boat Slip
$32,900
0.01 Acres

Recreational Land with Boat Slip

Low-maintenance seasonal living with trailer, addition, and boat slip.

831 S Main Street, Au Gres, MI 48703
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 332,363 square feet of properties for sale, with an estimated market value of $2,076,000.

Sale prices for multifamily properties in Alma, MI start at $138,000, averaging $415,200, 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.

List
Map