230 Ely Street, Alma, MI 48801

Townhouse
IDR Rp898,520,482
USD $50,043
Published on: 09 Jun 2026
Last updated on: 03 Jul 2026
230 Ely Street, Alma, MI 48801
230 Ely Street, Alma, MI 48801
230 Ely Street, Alma, MI 48801
+7
230 Ely Street, Alma, MI 48801
  • 7
Property ID: 110108629672
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MULTI_FAMILY - Alma, MI

230 Ely Street, Alma, MI 48801
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 slate-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 $650-$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!

Property Details

Basic Info

Property Type
Townhouse
Listing Status
Active
Land Size
526.09 m2
Building Size
345.60 m2
Year Built
1959
Architecture Style
Other
Num Floors
2
County
Gratiot
Provider
Northern Great Lakes Realtors MLS
Brokerage Office Name
43 NORTH REALTY
Brokerage Office Phone
9894631219
Neighbourhoods
Gratiot
Address
230 Ely Street, Alma, MI 48801
Contact Agent
Micah Kemler
43 NORTH REALTY
202 E Superior Street , Alma, MI
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Micah Kemler
202 E Superior Street , Alma, MI
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      Property ID: 110108629672

      Original Property ID: 3yd-TAAR-1946299
      Data provided by Northern Great Lakes Realtors MLS, MLS #: 1946299
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      Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.