310 W Superior Street Alma, MI $ 189,000
310 W Superior Street
$ 189,000
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310 W Superior Street

Alma, MI, 48801
$ 189,000
Baths3.0 Sq 1,700

Monthly Estimate*

$ 1,193

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Studio

Multi-Family Home for sale in Alma, MI

for $189,000 with 3 full baths. This 1,700 square foot home was built in 1967 on a lot size of 0.23.

Ready to start or add the perfect multi-unit property to your investment portfolio in the heart of downtown Alma? Well, look no further! Check out this well-maintained, income-producing triplex in one of Alma’s most desirable rental locations. Generating nearly $2,100 per month in rental income, this property has a proven track record of strong occupancy and consistent cash flow, with all three units enjoying an excellent rental history. Location is everything, and this property definitely checks that box! Situated in the heart of downtown Alma, tenants can walk to Alma College, downtown shopping, coffee shops, restaurants, churches, convenience stores, and many other local amenities, making it highly attractive to renters year after year. Each of the three one-bedroom, one-bathroom apartments offers convenient living spaces, including two main-floor units and a spacious upper-level unit. The property features separate gas and electrical meters for each apartment, keeping landlord expenses low, and maximizing cashflow. The owner is responsible for only one monthly utility bill covering water/sewer and trash service, making this an efficient and easy-to-manage investment. Whether you’re looking to expand your investment portfolio or purchase your first income property, this turnkey triplex offers the ideal combination of location, strong rental history, and dependable income. Seller is a licensed real estate broker in the State of Michigan.

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Multi-Family Active

Price

$ 189,000

Bedrooms

Studio

Full Bath

3

Property Type

Multi-Family

Taxes

$ 4,948

Style

Lot Size

0.23

Year Built

1967

Town/City

Alma

County/Region

Gratiot

MLS | Web ID

1948587

Features
Interior
Interior Amenities None High Speed Internet Cable TV
Fireplace Features None
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 3
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General
Sewer Public Sewer
Heating Forced Air Natural Gas
Possession Subject To Tenant Rights
Roof Asphalt
Appliances Refrigerator Oven/Range
Patio/Porch Features Covered
Construction Materials Frame Vinyl Siding
Pets Allowed false
Year Built 1967
Stories Count 2
Township City of Alma
Levels Two
Property Subtype Multi Family
Tax Year 2021
Waterfront Features None
Community Features None
Accessibility None
Assoc Fee Paid Per Annually
County Gratiot
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name James Dress Addition
Garage Y/N N
Other Structures None
Rent Includes Trash Collection Water Sewer
Status New
Directions Superior Street East of Wright Avenue North side of the street
City Alma
High School District Alma Public Schools
Zoning Description Residential Multi-Family
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 10018.8
Carport Y/N N
Tax Annual Amount 4948.78
Electric Expense 0
Home Warranty Y/N N
Ok to Lease Month To Month 12 Months
Lease Renewal Y/N N
Lease Considered Y/N N
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Alma Public Schools
Elementary School District Alma Public Schools
Tax Assessed Value 77156
Total Actual Rent 2075
Ownership Type Corporation
Leasehold Rent $/Mo 700
Lease Amount Frequency Annually
Legal Description COM 15 RODS 13 FEET 6 INCHES EAST AND 33 FEET N OF THE SW COR OF SEC 34-12-3 THENCE N 161.75 FT E 92.71 FT S 161.75 FT W 91.96 FT TO POB BEING PART OF LOT 9 OF JAMES DRESS ADDITION.
Freehold IDX
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Exterior
Parking Features None
Water Source Public
Lot Size Area 0.23
Foundation Details Block
Number of Buildings 1
Spa N
Lot Dimensions 91 X 165
Lot Size Acres 0.23
Road Surface Type Asphalt
Waterfront Y/N N
Other Equipment Dish TV
Road Responsibility Public Maintained Road
Horse Y/N N
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* Excluded Features
List By
43 North Realty

Broker

mkemler7@gmail.com

Email

Affordability Calculator

$1,606
Per Month
74%
26%
0%
Monthly Principal & Interest
$1,193
Monthly Property Taxes
$412
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
2034338 Elementary School
2034404 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/29/2026$189,000 Listed Price

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310 W Superior Street, Alma, MI, 48801 is a Multi-Family Home for sale at $189,000 with 1,700 sqft and a lot size of 0.23. 310 W Superior Street is a studio with 3.0 baths and was built in 1967. The property's zip code is 48801 which is in Alma, MI