421 Prospect Avenue Alma, MI $ 179,900
421 Prospect Avenue
$ 179,900
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421 Prospect Avenue

Alma, MI, 48801
$ 179,900
Baths0.0

Monthly Estimate*

$ 1,122

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Studio

Multi-Family Home for sale in Alma, MI

for $179,900. 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 two units rented out month to month and the third soon to be. 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

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Multi-Family Active

Price

$ 179,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,400

Style

2 to 4 Units

Lot Size

0.19

Year Built

1917

Town/City

Alma

County/Region

Gratiot

MLS | Web ID

25056452

Features
General
Sewer None
Heating Forced Air
Cooling Window Unit(s)
Utilities Cable Available Natural Gas Connected
Possession Close Of Escrow
Roof Composition
Construction Materials Aluminum Siding Vinyl Siding
Year Built 1917
Tenant Pays Electric Trash Gas
Township Alma
Property Subtype 2 to 4 Units
Tax Year 2025
County Gratiot
New Construction N
Property Type Multi Family
Attached Garage N
Status Active
Directions from w superior drive head north on prospect one block and its on the corner or downie and prospect
City Alma
High School District Alma
Zoning Description residential
Number Of Units Total 3
MLS Area Gratiot County - 11
Lot Size Units Acres
Lot Size Square Feet 8276.0
Listing Terms VA Loan Cash Conventional
Land Lease Y/N N
Tax Annual Amount 3400.0
Lease Renewal Y/N N
MLS Area Minor Gratiot County - 11
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 103700
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.
Senior Community None
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Interior
Basement Full
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Laundry Features In Basement
Total Baths 0
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Exterior
Parking Features Concrete Driveway
Lot Features Corner Lot
Water Source None
Total Parking 3.0
Lot Size Area 0.19
Number of Buildings 1
Spa N
Lot Dimensions 0
Lot Size Acres 0.19
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 421
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* Excluded Features
List By
Properties With Bobbi Llc

Broker

homeswithshane@gmail.com

Email

Affordability Calculator

$1,406
Per Month
80%
20%
0%
Monthly Principal & Interest
$1,122
Monthly Property Taxes
$283
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
3644982 Elementary School
3644981 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/30/2025$179,900 -5.27% Price Down
11/4/2025$189,900 Listed Price

Map


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421 Prospect Avenue, Alma, MI, 48801 is a Multi-Family Home for sale at $179,900 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