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    Alma, MI Residential Income Properties for Sale

    7 results
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    Commercial Building with Two Apartments
    Pending
    $100,000
    3,800 SF

    Commercial Building with Two Apartments

    1242 E Superior St, Alma, MI 48801

    Versatile commercial space with residential income potential in Alma, MI.

    • Prime commercial space of approximately 3,800 sq. ft. on a highly traveled route with excellent visibility.
    • Two income‑producing apartments (approx. 900 sq. ft. each) on the second floor, one move‑in ready.
    • New 220‑amp electrical system on the main level and updated PVC/PEX plumbing throughout.
    • Flexible leasing configurations with three separate electrical meters.
    • Conveniently located 1 mile from downtown Alma and 2.5 miles from US‑127.
    Updated: Jan 27
    View details
    Three-Unit Multifamily Property Near College
    $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: Jan 23
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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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    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
    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 Ave, 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
    View details
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 7 Active listings in Alma, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

    Automotive Business with Residential Home
    $279,900
    7,775 SF

    Automotive Business with Residential Home

    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
    Commercial Land with Rental Income
    $699,900
    2.63 Acres

    Commercial Land with Rental Income

    2.63 acres with frontage and existing rental income.

    4205 S Isabella Rd, Mt Pleasant, MI 48858
    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
    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.

    39 Acres of Hunting Land
    $255,000
    39.00 Acres

    39 Acres of Hunting Land

    High and dry 39-acre property perfect for hunting or building.

    39A N Pingree Rd, Alma, MI 48801
    View details

    Alma, MI Residential Income Properties Investment Opportunities Market Analysis

    Explore 7 residential income properties for sale in Alma, MI, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 352,836 square feet of properties for sale, with an estimated market value of $2,463,900.

    Prices for residential income properties in Alma, MI start at $100,000, averaging $351,985, 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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    Browse Residential income properties for Sale Near Alma, MI

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