Residential Income

Gratiot County, MI Residential Income 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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Downtown Retail Building with Two Fronts
Updated: Feb 24
Downtown Retail Building with Two Fronts

Saint Louis, MI 48880

$144,900
6,400 sqft · 0.16 AC lot
Approx. 6,400 SF building with two storefronts in downtown St. Louis, MI, with retail space that can operate as one or two spaces
Recent north‑side renovations include newer flooring, newer front windows, and exposed tin ceilings
Newer membrane roof with a lifetime warranty
Includes approx. 3,200 SF upstairs unfinished space zoned for residential, with room for up to 4 apartments
Parking lot and single‑car garage on site
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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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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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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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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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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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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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Auto Dealership with Pole Barn
Auto Dealership with Pole Barn

Saint Louis, MI 48880

$279,900
7,775 sqft · 2.88 AC lot

Well-maintained automotive dealership plus adjacent pole barn and a small home on a 2.88-acre lot.

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

Alma, MI 48801

$440,000
3.45 AC lot

3.45-acre property with residential and commercial rental income.

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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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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 Income Property
Mixed-Use Income Property

5705 N State Road, Alma, MI 48801

$375,000
23,443 sqft · 3.45 AC lot

Mixed residential and commercial rental income on 3.45 acres, with multiple outbuildings and a producing well.

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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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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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Ithaca Multi-Unit Home For Sale
Ithaca Multi-Unit Home For Sale

928 E Emerson St, Ithaca, MI 48847

$125,000
0.25 AC lot

Multi-unit home in Ithaca with tenant-paid utilities.

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Investment
Investment

302 N Pine River St, Ithaca, MI 48847

$160,000

Quadplexes

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

421 N State Street, Alma, MI 48801

$899,000
10,320 sqft · 0.23 AC lot

Fully leased, remodeled 8-unit apartment building generating over $67,000 annually.

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Well-Maintained Duplex on Corner Lot
Well-Maintained Duplex on Corner Lot

501 N Pine River St, Ithaca, MI 48847

$99,900

Reliable investment property with strong rental history and remodeled features.

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Alma Multifamily Renovation Opportunity
Alma Multifamily Renovation Opportunity

318 Woodworth Avenue, Alma, MI 48801

$138,000
0.32 AC lot

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

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Historic Storefront in Middleton Village
Historic Storefront in Middleton Village

116 N Newton Street, Middleton, MI 48856

$99,900

Redevelopment opportunity in Middleton with flexible mixed-use potential.

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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 23 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
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Gratiot County, MI Residential Income Properties Market Trends and Statistics

Explore 25 residential income properties for sale in Gratiot County, MI, showcased through 23 active listings on our real estate platform. These investment opportunities span a total of 78,011 square feet of properties for sale, with an estimated market value of $4,167,886.

Sale prices for residential income properties in Gratiot County, MI start at $50,043, averaging $297,706, 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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