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    Gratiot County, MI Residential Income Properties for Sale

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    Multifamily Property with Covered Deck
    Updated: Jul 30
    Multifamily Property with Covered Deck

    430 Bridge Avenue, Alma, MI 48801

    $305,000
    4,288 sqft 0.32 AC lot
    0.32‑acre lot with large concrete driveway and RV parking
    Main home: 4 bedrooms, 2 bathrooms, two full kitchens, first‑floor laundry
    1,021 SF basement for storage
    Newer 1,176 SF apartment: 2 beds, 2 baths, large covered deck
    Two single‑room studio units plus 13 x 38 storage/workshop
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    Two-Building Multifamily Property
    Updated: Aug 8
    Two-Building Multifamily Property

    1107 Michigan Avenue, Alma, MI 48801

    $275,000
    2,782 sqft 0.29 AC lot
    Two buildings included: former church and neighboring parsonage
    2,782 square feet on a 0.29‑acre lot
    Parsonage includes 3 bedrooms and 1.5 baths
    Former church includes 2 bedrooms and a half bath
    Residential zoning
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    Triplex with Covered Porch
    Triplex with Covered Porch

    310 W Superior Street, Alma, MI 48801

    $189,000
    1,700 sqft 0.23 AC lot

    Frame triplex built in 1967 with a covered porch and three one-bedroom, one-bath apartments.

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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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    Remodeled Duplex with Back Deck
    Remodeled Duplex with Back Deck

    313 Pleasant Avenue, Alma, MI 48801

    $160,000
    1,280 sqft 0.34 AC lot

    Lower unit has 2 bedrooms and a back deck, and the upper unit has 1 bedroom and 1 bath.

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    Remodeled Duplex with Attached Apartment
    Remodeled Duplex with Attached Apartment

    Saint Louis, MI 48880

    $249,000
    1,504 sqft 0.21 AC lot

    Duplex with a 2-car garage, fenced yard, and attached apartment for additional income potential.

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    Duplex with Metal Roof
    Duplex with Metal Roof

    Saint Louis, MI 48880

    $119,000
    1,200 sqft 0.18 AC lot

    Top/bottom duplex in Residential, Multi-Family zoning with a metal roof, screened porch, and one occupied unit.

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    Turnkey 8-Unit Apartment Building
    Turnkey 8-Unit Apartment Building

    421 N State St, Alma, MI 48801

    $899,000
    0.23 AC lot

    Fully leased, remodeled 8-unit apartment building with steady income.

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    Top-Bottom Duplex Fixer-Upper
    Top-Bottom Duplex Fixer-Upper

    230 Ely Street, Alma, MI 48801

    $50,043
    3,720 sqft 0.13 AC lot

    Top/bottom duplex with two 2-bed, 1-bath units requiring full rehabilitation after a recent fire.

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    Duplex with Shared Basement Laundry
    Duplex with Shared Basement Laundry

    104 E Sexton Street, Breckenridge, MI 48615

    $159,000
    1,960 sqft 0.30 AC lot

    Duplex with two units, shared basement laundry, and two sets of washer and dryers, zoned Residential.

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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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    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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    Quadplex with Screened Porch
    Quadplex with Screened Porch

    316 Euclid Street, Alma, MI 48801

    $149,000
    1,290 sqft 0.25 AC lot

    Well-maintained quadplex on a 0.25-acre lot with a screened porch and separate utility service for each unit.

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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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    Up/Down Duplex with Screened Porch
    Up/Down Duplex with Screened Porch

    Saint Louis, MI 48880

    $129,000
    2,200 sqft 0.18 AC lot

    Fully remodeled up/down duplex with two vacant units, multi-family zoning, and deck and screened porch exterior features.

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    Quadplex with Commercial Storefront
    Quadplex with Commercial Storefront

    5705 N State Road, Alma, MI 48801

    $375,000
    2,579 sqft 3.45 AC lot

    Mixed-use quadplex with commercial store frontage, office space, and multiple outbuildings on 3.45 acres.

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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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    Multifamily Renovation Property
    Multifamily Renovation Property

    318 Woodworth Avenue, Alma, MI 48801

    $138,000
    0.32 AC lot

    Gutted multifamily property with completed demolition work and room for a new interior configuration.

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    Quadplex with Apartment and Studios
    Quadplex with Apartment and Studios

    430 Bridge Ave, Alma, MI 48801

    $305,000

    Four-unit property combines a primary residence, apartment, and two studio units with substantial storage and parking.

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    Three-Unit Apartment Property
    Three-Unit Apartment Property

    310 W Superior St, Alma, MI 48801

    $189,000

    Well-maintained investment property with separate gas and electrical meters for each apartment.

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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

    Contact for pricing

    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 22 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 Residential Income Properties Market Trends and Statistics

    Explore 24 residential income properties for sale in Gratiot County, MI, showcased through 22 active listings on our real estate platform. These investment opportunities span a total of 42,243 square feet of properties for sale, with an estimated market value of $5,552,086.

    Sale prices for residential income properties in Gratiot County, MI start at $50,043, averaging $264,385, 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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