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Alma, MI Triplexes for Sale

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Three-Unit Multifamily Property Near College
$179,900
0.19 Acres

Three-Unit Multifamily Property Near College

421 Prospect Ave, Alma, MI 48801

Three-unit property near Alma College generating approximately $3,000 monthly.

  • High income potential: Generating almost $3,000/month from 3 rented units.
  • Prime location: Close to Alma College, downtown, shopping, restaurants, and nightlife.
  • Updated features: Includes a two‑year‑old roof, remodeled bathroom, new paint, and new flooring.
  • Multi‑unit property: Offers flexibility for investors or owner‑occupants to live in one unit and rent out the others.
  • Month‑to‑month rentals: Provides immediate income and flexibility with tenant leases.
Last Update: Dec 9
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Two-Story Triplex in Alma, MI
$119,000
2,080 SF

Two-Story Triplex in Alma, MI

256 Ely St, Alma, MI 48801

Two-story triplex near downtown Alma with steady rental income.

  • Steady rental income with reliable tenants in place.
  • Great investment opportunity as a triplex.
  • Convenient location near the river, local parks, and downtown Alma.
  • Three units provide a total of approximately 2,080 square feet.
  • Unit #1 features 2 bedrooms and 1 bath, currently rented for $675/month.
Last Update: Oct 23
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Alma, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Explore Opportunities in Nearby Cities

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

Mt Pleasant Triplex For Sale
$239,900

Mt Pleasant Triplex For Sale

Three-unit residential property in Mt Pleasant, ideal for owner occupants.
706 S Arnold St, Mount Pleasant, MI 48858
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Well-Maintained Triplex Near CMU
$184,900

Well-Maintained Triplex Near CMU

Triplex near CMU and Downtown, a great investment opportunity.
221 W Locust St, Mount Pleasant, MI 48858
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Saginaw Multi-Family Investment Opportunity
$80,000
1,776 SF

Saginaw Multi-Family Investment Opportunity

Three-unit property with rental income potential in Saginaw, Michigan.
1819 Niagra, Saginaw, MI 48602
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Saginaw Multi-Unit Residential Property
$109,900
2,160 SF

Saginaw Multi-Unit Residential Property

Well-maintained three-unit residential property in Saginaw, Michigan.
1014 Hancock St, Saginaw, MI 48602
View details

Alma, MI Triplexes Investment Opportunities Market Analysis

Explore 2 triplexes for sale in Alma, MI on our real estate platform. These investment opportunities span a total of 18,295 square feet of properties for sale, with an estimated market value of $298,900.

Prices for three-family homes in Alma, MI start at $119,000, averaging $149,450, and reaching up to $179,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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