Sign Up Successful!
You now have access to more from Realmo!
    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.
    AI Search
    List
    Map

    Alma, MI Residential Income Properties for Sale

    9 results
    Notify Me
    New
    Three-Unit Multifamily Property Near College
    $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.
    Last Update: Dec 9
    View details
    Alma Investment Opportunity: Multi-Unit Potential
    $138,000
    0.32 Acres

    Alma Investment Opportunity: Multi-Unit Potential

    318 Woodworth Ave, Alma, MI 48801

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

    • Prime investment opportunity in Alma, MI, a promising rental market.
    • Blank canvas property, completely gutted and ready for renovation, offering creative freedom.
    • Potential for 3‑4 rental units, allowing for flexible design and income potential.
    • Convenient location near Alma College, downtown, parks, and schools.
    • All major demolition work is complete, streamlining the renovation process.
    Last Update: Feb 28
    View details
    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
    View details
    Five-Unit Multifamily Property in Alma
    $169,000
    2,800 SF

    Five-Unit Multifamily Property in Alma

    Fully rented five-unit property near downtown Alma.
    426 N State St, Alma, MI 48801
    View details
    Well-Kept Duplex in Alma, MI
    $87,000
    1,320 SF

    Well-Kept Duplex in Alma, MI

    Two-story duplex with two units, great for investment.
    126 Holiday St, Alma, MI 48801
    View details
    Two-Story Triplex in Alma, MI
    $119,000
    2,080 SF

    Two-Story Triplex in Alma, MI

    Two-story triplex near downtown Alma with steady rental income.
    256 Ely St, Alma, MI 48801
    View details
    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
    View details
    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
    View details
    Turnkey Apartment Building Investment
    $899,000
    10,320 SF

    Turnkey Apartment Building Investment

    Fully leased 8-unit apartment building with strong income potential.
    421 N State St, Alma, MI 48801
    View details
    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 9 Active listings in Alma, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 3 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.

    Commercial Property with Residential Component
    $279,900
    7,775 SF

    Commercial Property with Residential Component

    Commercial property with auto shop, outbuilding, and residential home.
    1729 W Monroe Rd, 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
    Single Wide Trailer on Acreage
    $105,000
    980 SF

    Single Wide Trailer on Acreage

    Three-bedroom trailer with pole barn on 1.80 acres.
    8893 Sanders Rd, Vestaburg, MI 48891
    View details
    Single Wide Trailer on Acreage
    $105,000
    980 SF

    Single Wide Trailer on Acreage

    Three-bedroom single wide trailer with pole barn on 1.8 acres.
    8893 Sanders Rd, Vestaburg, MI 48891
    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.

    Vacant Residential Lot Near US-127
    Contact for pricing
    0.19 Acres

    Vacant Residential Lot Near US-127

    Residential vacant land with high-traffic exposure near US-127.
    1532 E Superior St, Alma, MI 48801
    View details
    Residential Land Near River
    Contact for pricing
    0.39 Acres

    Residential Land Near River

    Vacant lot near Alma College and Heartland Trail.
    Tbd Riverview, Alma, MI 48801
    View details
    Commercial Land For Sale, Alma
    $49,900
    1.00 Acre

    Commercial Land For Sale, Alma

    One acre of commercial land available in Alma, Michigan.
    Tbd Smith Rd, Alma, MI 48801
    View details

    Alma, MI Residential Income Properties Investment Opportunities Market Analysis

    Explore 9 residential income properties for sale in Alma, MI, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 367,646 square feet of properties for sale, with an estimated market value of $2,689,900.

    Prices for residential income properties in Alma, MI start at $87,000, averaging $298,877, 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.

    List
    Map

    Browse Residential income properties for Sale Near Alma, MI

    Popular Searches in Alma, MI

    Popular Categories

    Most Searched ZIP Codes in Alma, MI

    • 48801

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.