Add Listing
    Alma, MI
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Alma, MI Residential Income Properties for Sale

    Notify Me
    List
    Map
    Saint Louis, MI Ithaca, MI Elwell, MI
    7 results
    Mixed-Use Property with Income Potential
    $440,000
    3.45 Acres

    Mixed-Use Property with Income Potential

    Alma, MI 48801

    3.45-acre property with residential and commercial rental income.

    • Mixed‑use property offering both residential and commercial income.
    • Four fully‑rented apartment units, with a fifth nearing completion.
    • Commercial building features store frontage, office space, and an 80x40 barn.
    • 40x80 pole building offering business expansion or storage potential.
    • Newer 400‑foot, 5‑inch well.
    Updated: Apr 26
    View details
    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

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

    5705 N State Road, Alma, MI 48801
    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
    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.

    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.

    Saint Louis, MI 48880
    View details
    Well-Maintained Duplex on Corner Lot
    $99,900

    Well-Maintained Duplex on Corner Lot

    Reliable investment property with strong rental history and remodeled features.

    501 N Pine River St, Ithaca, MI 48847
    View details
    Historic St. Louis Home
    $249,000
    1,500 SF

    Historic St. Louis Home

    Remodeled home with attached apartment near downtown St. Louis.

    Saint Louis, MI 48880
    View details
    Investment
    $160,000

    Investment

    Quadplexes

    302 N Pine River St, 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.

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

    Vacant Corner Lot Near US-127

    Vacant residential lot with high-traffic exposure near US-127.

    1532 E Superior Street, Alma, MI 48801
    View details
    Residential Corner Lot in Alma
    Contact for pricing
    0.10 Acres

    Residential Corner Lot in Alma

    Corner lot suitable for residential development with city variance approval.

    427 E Downie Street, Alma, MI 48801
    View details
    Residential Lot in Gemstone Fields
    Contact for pricing
    0.54 Acres

    Residential Lot in Gemstone Fields

    Vacant lot for building a new home in Alma, MI.

    248 Ruby Court, Alma, MI 48801
    View details
    Residential Land in Alma, MI
    Contact for pricing
    0.41 Acres

    Residential Land in Alma, MI

    Vacant lot for building a new home in Alma.

    278 Ruby Court, 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 59,785 square feet of properties for sale, with an estimated market value of $2,219,000.

    Sale prices for residential income properties in Alma, MI start at $440,000, averaging $554,750, 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

    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.
    Sign Up Successful!
    You now have access to more from Realmo!