230 Ely, Alma, MI 48801

Alma
Local realty services provided by:ERA Prime Real Estate Group
230 Ely,Alma, MI 48801
$50,043
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: micah kemler
Office: 43 north realty
MLS#:79080069394
Source:MI_REALCOMP

Price summary

  • Price:$50,043

About this home

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...

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Home facts

  • Year built:1959
  • Listing ID #:79080069394
  • Added:40 day(s) ago
  • Updated:July 16, 2026 at 10:06 AM

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1959
  • Lot area:0.13 Acres
  • Architectural Style:Duplex
  • Exterior Features:Porch
  • Foundation Description:Crawl Space
  • Levels:Two

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$50,043
  • Tax amount:$2,656
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