421 Prospect Avenue Alma, MI ^$ 169,900

421 Prospect Avenue

^$ 169,900

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421 Prospect Avenue

Alma, MI, 48801

^$ 169,900

Studio Baths0.0

Monthly Estimate*

^$ 1,046

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Studio

Multi-Family Home for sale in Alma, MI

for $169,900. This home was built in 1917 on a lot size of 0.19.

With life changes comes great opportunities. This amazing 3 unit that's generating almost 3,000 a month is on the market. With all 3 rented out month to month and when rating nice income. Amazing opportunity close to alma college, a block off of downtown, close to shopping, restaurants, and night life. With a two year old roof, remodeled bathroom, new paint, flooring, and many updates this is an investors dream. Or possibly live in one unit and rent the other two out. This has endless possibilities and location location location. Set up your showing today! Won't last long!!!!Laiting agent and self are related

Multi-Family Active

Price

^$ 169,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 3,400

Style

Lot Size

0.19

Year Built

1917

Town/City

Alma

County/Region

Gratiot

MLS | Web ID

70503100

Features

General

Heating Forced Air

Garage Additional Garage(s)

Status Active Active

Year Built 1917

County Gratiot

Class MULTIFAMILY

Type Multi-Family

Municipality Alma

Zoning Residential

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Alma (29017)

Primary City Alma

Directions from w superior drive head north on prospect one block and its on the corner or downie and prospect

City Alma

School District Alma Public Schools

Financial Terms Cash Conventional VA

Legal Description COM 27 RDS 6 FT W & 17 RDS 5 1/2 FT N OF SE COR OF SW 1/4 OF SW 1/4 OF SEC 34-12-3 TH W 81 FT N 55 FT E 10 FT N 55 FT 8 IN E 71 FT S 110 FT 8 IN TO BEG.

DOM 71

Postal Code 48801

Public Remarks With life changes comes great opportunities. This amazing 3 unit that's generating almost 3

Exterior

Exterior Aluminum Vinyl Siding

Frontage 0

Lot Size Area 0.19

Lot Dimensions 0

Roads Paved Street

Waterfront Y/N No

Interior

Total Number of Units 3

Fuel Type Natural Gas

* Excluded Features

List By

Shane Vansyckle

Listing Agent

Properties With Bobbi Llc

Broker

homeswithshane@gmail.com

Affordability Calculator

$1,329

Per Month

Monthly Principal & Interest: $1,046
Monthly Property Taxes: $283
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Alma, MI

Average List Price ^$275,056

Percent of Sale Price 62%

About Alma, MI

9,004 Population

-3% Since 2002

^$35,817 Median Income

31.88 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1609007 Elementary School

1609005 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/23/2026	$169,900	-5.56%	Price Down
12/1/2025	$179,900	-5.27%	Price Down
11/4/2025	$189,900		Listed Price

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421 Prospect Avenue, Alma, MI, 48801 is a Multi-Family Home for sale at $169,900 with a lot size of 0.19. 421 Prospect Avenue is a studio with 0.0 baths and was built in 1917. The property's zip code is 48801 which is in Alma, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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421 Prospect Avenue

Multi-Family Home for sale in Alma, MI

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