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    Gratiot County, MI Multifamily Properties for Sale

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    Remodeled 1.5-Story Duplex
    Updated: Jun 18
    Remodeled 1.5-Story Duplex

    313 Pleasant Avenue, Alma, MI 48801

    $160,000
    1,280 sqft 0.34 AC lot
    Remodeled 1.5‑story duplex built in 1967 with two separate units
    Lower unit: 2 bedrooms, 1 bathroom, living room, kitchen, and back deck
    Upper unit: 1 bedroom, 1 bathroom, living room, and kitchen
    Major updates since Fall 2024 include new flooring and paint, one furnace, electrical, numerous plumbing updates, and updated lighting
    Metal roof with frame construction, plus sidewalk and gutters
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    Two-Unit Duplex Investment Property
    Updated: Jul 2
    Two-Unit Duplex Investment Property

    Saint Louis, MI 48880

    $119,000
    1,200 sqft 0.18 AC lot
    Top/bottom duplex with 2 bedrooms and 1 full bathroom per unit
    Each unit offers approximately 600 sq ft of living space
    Lower unit is occupied by a long‑term tenant paying $575 per month
    Upper unit is vacant, allowing the new owner to select a tenant and adjust rent
    Metal roof and frame construction
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    Remodeled Historic Duplex with Apartment
    Remodeled Historic Duplex with Apartment

    Saint Louis, MI 48880

    $249,000
    1,504 sqft 0.21 AC lot

    Fully remodeled historic home with an attached apartment, 2-car garage, covered deck, and fenced yard for flexible living or rental income.

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    Historic St. Louis Home
    Historic St. Louis Home

    Saint Louis, MI 48880

    $249,000
    1,500 sqft

    Remodeled home with attached apartment near downtown St. Louis.

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    Top-Bottom Duplex Investment
    Top-Bottom Duplex Investment

    230 Ely Street, Alma, MI 48801

    $50,043
    3,720 sqft 0.13 AC lot

    Top-bottom duplex requiring full rehabilitation, offering two-bedroom, one-bath units in a residential multi-family zone.

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    Two-Unit Residential Investment Duplex
    Two-Unit Residential Investment Duplex

    104 E Sexton Street, Breckenridge, MI 48615

    $159,000
    1,960 sqft 0.30 AC lot

    Well-suited two-unit duplex with shared basement laundry and included appliances, offering flexibility for owner-occupancy or leasing.

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    Remodeled 8-Unit Apartment Building
    Remodeled 8-Unit Apartment Building

    421 N State Street, Alma, MI 48801

    $899,000
    10,320 sqft 0.23 AC lot

    Fully leased, remodeled eight-unit multifamily property with a mix of one- and two-bedroom apartments.

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    Mixed-Use Property with Income Potential
    Mixed-Use Property with Income Potential

    Alma, MI 48801

    $375,000
    3.45 AC lot

    3.45-acre property with residential and commercial rental income.

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    Two-Story Fourplex Income Property
    Two-Story Fourplex Income Property

    316 Euclid Street, Alma, MI 48801

    $149,000
    1,290 sqft 0.25 AC lot

    Well-maintained four-unit building with separate utility meters and furnaces, offering immediate partial occupancy.

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    Remodeled Up-Down Duplex
    Remodeled Up-Down Duplex

    Saint Louis, MI 48880

    $129,000
    2,200 sqft 0.18 AC lot

    Fully remodeled duplex with two vacant units, offering flexible rental income opportunity in a multi-family zoned setting.

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    Fire-Damaged Duplex With Rehab
    Fire-Damaged Duplex With Rehab

    230 Ely St, Alma, MI 48801

    $50,043
    3,720 sqft

    Top/bottom duplex requiring full rehabilitation, offering a blank-slate interior to support your customized renovation plan.

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    Mixed-Use Multi-Family with Retail
    Mixed-Use Multi-Family with Retail

    5705 N State Road, Alma, MI 48801

    $375,000
    2,579 sqft 3.45 AC lot

    Four fully rented apartments plus a leased commercial building provide combined residential and income-producing space.

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    Mixed-Use Property with Storefront
    Mixed-Use Property with Storefront

    5705 N State Road, Alma, MI 48801

    $375,000
    23,443 sqft 3.45 AC lot

    3.45-acre mixed-use property with four rented apartment units, a storefront commercial space, and multiple outbuildings.

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    Remodeled Duplex in Downtown St. Louis
    Remodeled Duplex in Downtown St. Louis

    Saint Louis, MI 48880

    $129,000
    2,200 sqft 0.18 AC lot

    Fully remodeled duplex with steady cash flow in downtown St. Louis.

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    3-4 Unit Renovation Property
    3-4 Unit Renovation Property

    318 Woodworth Avenue, Alma, MI 48801

    $138,000
    0.32 AC lot

    Gutted and ready for renovation, offering the flexibility to create up to four rental units with off-street parking and outdoor space.

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    Remodeled 1.5-Story Duplex
    Remodeled 1.5-Story Duplex

    313 Pleasant Ave, Alma, MI 48801

    $160,000

    Remodeled duplex with two separate units and updates including flooring, paint, electrical, and plumbing.

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    Alma Investment Opportunity: Multi-Unit Potential
    Alma Investment Opportunity: Multi-Unit Potential

    318 Woodworth Avenue, Alma, MI 48801

    $138,000

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

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 17 Active Listings in Gratiot County, MI, we suggest to view alternatives - similar 2 Off-Market properties to explore as potential leads.

    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.

    13320 27 Mile Rd
    Multifamily properties

    13320 27 Mile Rd, Washington, MI 48094

    Value Estimation by Request
    133.50 AC lot
    View details
    115 Pine River St
    Individual retail properties

    115 Pine River St, Ithaca, MI 48847

    Value Estimation by Request
    4,818 sqft
    View details

    Gratiot County, MI Multifamily Properties Market Trends and Statistics

    Explore 19 multifamily properties for sale in Gratiot County, MI, showcased through 17 active listings on our real estate platform. These investment opportunities span a total of 56,916 square feet of properties for sale, with an estimated market value of $3,092,086.

    Sale prices for multifamily properties in Gratiot County, MI start at $50,043, averaging $237,852, 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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