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Street View
$50,043
Monthly Est:$249
-- Bed
-- Bath
--sqft
230 Ely St, Alma, MI 48801
$50,043
$249/moEst:
Get Pre-Approved
Multi Family
Built in 1959
$-- HOA
5,662.8 sqft lot
--/sqft
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!
- Houzeo last checked: 12 minutes ago
- Listing updated: October 5, 2026 at 1:24 pm
- Listing Provided by: Micah Kemler | 43 NORTH REALTY (989) 463-1219
- Source: Realcomp MLS-MI | MLS#: 79080069394
- Originating MLS: Central Michigan Association of REALTORS
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1959
HOA Fees
-
Finished Area
- sqft
Lot Size
5,662.8 sqft lot
Basement Area
- sqft
MLS Name
Realcomp MLS
MLS Number
79080069394
MLS Status
Active
Days on Market
124
Cumulative Days on Market
120
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Public Sewer
Heating
Forced Air, Natural Gas
Construction
Year Built
Year Built: 1959
Home type
Multi Family
Architectural Style
Duplex
Foundation Details
Crawl Space
Utilities & Energy
Water Source
Public
Other Features
Subdivision Name
City Of Alma
Patio And Porch Features
Porch
Price History
| Date | Event | Price |
|---|---|---|
10/02/2026 Source: | Listed for Sale | $50,043 $0/sqft |
09/21/2026 Source: | Contingent (Active Under Contract) | $50,043 $0/sqft |
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Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Oct 10, 2026, 10:00PM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. © 2024 Realcomp II Ltd. MLS. All Rights Reserved.
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