USAMIAlmaCity of Alma230 Ely St
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230 Ely St, Alma, MI

House

For Sale

Listed price in listed location currency (USD).
$50,043

000

MLS® 79080069394

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage 
Taxes $2,656
Days Active 2
Lot Size 
Approx. Age 1959
MLS® Number 79080069394

Property Address: 230 Ely St, Alma, MI, 48801-2439

Average square foot calculated using Size range provided by listing agent.

Description

Investor opportunity on Alma’s south side! This top/bottom duplex offers strong potential for the right buyer looking to renovate and build equity. The property experienced a recent fire, leaving the interior as a blank slateâ€"perfect for customizing finishes and layout to your own vision. Each unit is designed as a 2-bedroom, 1-bath, with market rents estimated between $650â€"$750 per month per unit once completed. With approximately 3, 720 total square feet, there is plenty of space to create a solid income-producing property. Located just south of downtown Alma, this property is close to shopping, dining, and everyday conveniences, making it an attractive option for future tenants. This property will require full rehabilitation and proper permitting. Due to the condition, all potential buyers must sign a hold harmless agreement prior to entry. Seller is offering a $10, 000 credit to the buyer, to be held in escrow and released upon completion of at least 50% of the reconstruction. Bring your vision and turn this property into a strong addition to your investment portfolio!
MLS® Number79080069394
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1959
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 8, 2026List Date
$50,043List Price
-End Date
Not Sold YetSold Price

For Sale

Jun 8, 2026List Date
$50,043List Price
  • Commute

Commute

Starting Address
Destination Address
230 Ely St, Alma, MI

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