Charming Income-Producing Duplex in Alma!! Discover an exceptional investment opportunity with this well-maintained top and bottom duplex conveniently located near downtown Alma. With over 2 years of consistent rental income and long-term tenants in place, this property offers reliable cash flow and hassle-free ownership. Lower Unit: -Spacious 3-bedroom, 1-bath layout with nearly 1,200 sq. ft. -Monthly rent: $795 -Features include hardwood floor accents, a stylish brick accent wall, and main-level laundry facilities for added convenience. Upper Unit: -Cozy 2-bedroom, 1-bath layout with approximately 700 sq. ft. -Monthly rent: $620 -Perfect for tenants seeking an affordable and comfortable home close to city amenities. The property is situated just minutes from downtown Alma, offering easy access to shops, dining, and entertainment. Whether you're an experienced investor or new to real estate, this duplex is an excellent addition to your portfolio. Don't miss this opportunity for steady income and a prime location! Both tenants are on month to month leases. Water/sewer and gas meters are shared, and units are separately metered for electrical. Schedule your showing today (Please give 24 hour notice to show). Seller is a licensed real estate broker in the State of Michigan.
Sold for $96,000 on 03/28/25
$96,000
236 Ely St, Alma, MI 48801
5beds
2baths
1,834sqft
Multi Family
Built in 1900
-- sqft lot
$98,300 Zestimate®
$52/sqft
$882 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: March 28, 2025 at 08:45am
Listed by:
Micah Kemler,
43 NORTH REALTY 989-463-1219
Bought with:
Brandon Tilson, 6501444345
43 NORTH REALTY
Source: NGLRMLS,MLS#: 1929774
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Heating
- Forced Air, Natural Gas
Appliances
- Included: Refrigerator, Oven/Range, Gas Water Heater
Features
- None, Cable TV, High Speed Internet
- Windows: Blinds
- Has fireplace: Yes
- Fireplace features: Stove
Interior area
- Total structure area: 1,834
- Total interior livable area: 1,834 sqft
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered
- Waterfront features: None
Lot
- Size: 8,712 sqft
- Dimensions: 66 x 132
Details
- Additional structures: None
- Parcel number: 51-031-548-00
- Zoning description: Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Frame, Vinyl Siding, Block
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1900
- Major remodel year: 2019
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: None
Location
- Region: Alma
- Subdivision: N/A
HOA & financial
Other financial information
- Total actual rent: 1415
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,Cash,FHA,MSHDA,USDA Loan
- Ownership type: Corporation
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$98,300
2% more+$1,966
With Zillow Showcase(estimated)$100,266