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Gratiot County, MI Multifamily Properties for Sale

8 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
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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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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
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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
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 8 Active listings in Gratiot County, MI, we suggest exploring several alternatives: similar 2 Off-Market properties to explore as potential leads

Explore Off-Market Properties in Gratiot County, MI

Consider similar Off-Market properties in Gratiot County, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

115 Pine River St

115 Pine River St

Individual retail properties • 4,818 SF
Value Estimation by Request
115 Pine River St, Ithaca, MI 48847
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Gratiot County, MI Multifamily Properties Investment Opportunities Market Analysis

Explore 9 multifamily properties for sale in Gratiot County, MI, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 360,677 square feet of properties for sale, with an estimated market value of $2,602,900.

Prices for multifamily properties in Gratiot County, MI start at $100,000, averaging $325,362, 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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