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    Alma, MI
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    Alma, MI Single Family Properties for Sale

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    American Foursquare Bed & Breakfast Home
    Updated: Nov 23, 2025
    American Foursquare Bed & Breakfast Home

    623 N State Street, Alma, MI 48801

    $435,000
    4,766 sqft 0.88 AC lot
    Over 6,000 sq ft American Foursquare‑style home built in 1910 with wood siding and forced‑air heating.
    Updates include a new roof, updated HVAC with central heating/air plus mini‑splits, and updated painting.
    New windows and skylights added to the large attic bonus area.
    Expanded concrete parking and a large 2nd‑story back deck with added concrete underneath.
    Walkout basement with potential to finish, plus a carriage house with a 2‑car garage and unfinished loft.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Alma, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Commercial Business and Ranch Home Package
    Commercial Business and Ranch Home Package

    19055 12 Mile Road, Big Rapids, MI 49307

    $794,000
    4,085 sqft 0.83 AC lot

    Package includes an established deer processing business and a large executive ranch home with a heated, oversized garage.

    View details
    Residential Income Property
    Residential Income Property

    602 S Warren Avenue, Big Rapids, MI 49307

    $259,900
    0.26 AC lot

    Four-bedroom residence with two living areas, hardwood floors, and a laundry room on a corner lot near Ferris State University.

    View details
    Residential Income Property with Two Homes
    Residential Income Property with Two Homes

    4205 & 4173 S Isabella Road, Mt Pleasant, MI 48858

    $699,900
    2.63 AC lot

    Two rental homes on 2.63 acres with substantial road frontage and annual rental income.

    View details
    Residential Income Property Corner Lot
    Residential Income Property Corner Lot

    4497 S Isabella Road, Mt Pleasant, MI 48858

    $325,000
    1.23 AC lot

    Stoplight corner at a busy intersection, subject to a current residential lease.

    View details

    Alma, MI Single Family Properties Market Trends and Statistics

    Explore 1 single family properties for sale in Alma, MI on our real estate platform. These investment opportunities span a total of 4,766 square feet of properties for sale, with an estimated market value of $435,000.

    Sale prices for single family properties in Alma, MI average $435,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 21
    Apartment buildings 6
    Duplexes 5
    Quadplexes 4
    Triplexes 2

    Demographics Overview

    Population 13K
    Population Growth (5Y) +5.6%
    Median Household Income $57,449
    College Educated 19.2%

    Taxes & Financing

    Tax Rate (average for all types) 4.53%
    Tax Rate vs County Average 0.57 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Gratiot County

    New Delisted

    Total CRE Inventory on Market (SF)

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