430 Bridge Avenue Alma, MI $ 305,000
430 Bridge Avenue
$ 305,000
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430 Bridge Avenue

Alma, MI, 48801
$ 305,000
Baths6.0 Sq 4,288

Monthly Estimate*

$ 1,926

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Studio

Multi-Family Home for sale in Alma, MI

for $305,000 with 6 full baths. This 4,288 square foot home was built in 1944 on a lot size of 0.32.

This home has been privately owned and not offered to the public for many years, presenting a truly unique opportunity. It offers a rareopportunity to secure a truly income-producing asset with multiple revenue streams. The main home features 4 bedrooms, 2 bathrooms,two full kitchens, first floor laundry and several additional rooms that can easily function as extra bedrooms or flexible living spaces.1021 sq ft of basement provides valuable storage. A newer 1176 sq ft apartment has 2-bedroom, 2-bath and a large covered deck isideal for premium rental income. Plus, the property also includes two single-room studio units, perfect for consistent, low-maintenancecash flow. There is also a 13 x 38 storage area/workshop. The location adds even more value: the property is less than two miles froma vibrant downtown district, the local hospital, and major shopping centers — all strong drivers of year-round tenant demand. A largeconcrete driveway offers ample parking for multiple vehicles, enhancing convenience for residents and visitors alike. Overall, this is aversatile, high-yield investment with strong rental potential.

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Multi-Family Active

Price

$ 305,000

Bedrooms

Studio

Full Bath

6

Property Type

Multi-Family

Taxes

$ 3,377

Style

Apartment

Lot Size

0.32

Year Built

1944

Town/City

Alma

County/Region

Gratiot

MLS | Web ID

1948743

Features
Interior
Interior Amenities In-Law Floorplan None
Basement Full
Fireplace Features None
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Entry Level 1
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 6
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General
Sewer Public Sewer
Heating Forced Air Natural Gas
Possession Within 30 Days
Roof Asphalt
Appliances Refrigerator Oven/Range Washer Dryer Cooktop
Patio/Porch Features Deck Porch
Architectural Style Apartment
Construction Materials Frame Aluminum Siding
Pets Allowed false
Year Built 1944
Stories Count 1
Township City of Alma
Levels One and One Half
Property Subtype Multi Family
Tax Year 2024
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
Energy Efficient Not Applicable
Subdivision Name Metes and Bounds
Garage Y/N N
Green Water Conservation Not Applicable
Other Structures Workshop Guest House
Rent Includes None
Status New
Directions From Superior Street north on Bridge Avenue
City Alma
High School District Alma Public Schools
Zoning Description Residential Multi-Family
Number Of Units Total 5
Lot Size Units Acres
Lot Size Square Feet 13939.2
Carport Y/N N
Tax Annual Amount 3377.12
Home Warranty Y/N N
Ok to Lease Other
Lease Renewal Y/N N
Lease Considered Y/N N
Structure Type Quadruplex
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Alma Public Schools
Elementary School District Alma Public Schools
Tax Assessed Value 62949
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description COM 323 FT N & 33 FT E OF SW COR OF SEC 35-12-3 TH E 157 FT N 90 FT W 157 FT S 90 FT TO BEG
Freehold IDX
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Exterior
Exterior Amenities Balcony Rain Gutters
Parking Features None RV Access/Parking
Water Source Public
Lot Size Area 0.32
Foundation Details Block
Number of Buildings 3
Spa N
Lot Dimensions 97 x 150
Lot Size Acres 0.32
Road Surface Type Asphalt
Other Parking RV Parking
Waterfront Y/N N
Horse Y/N N
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* Excluded Features
List By
43 North Realty

Broker

(989) 560-9898

Phone

Affordability Calculator

$2,207
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,926
Monthly Property Taxes
$281
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
7/31/2026$305,000 Listed Price

Map


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430 Bridge Avenue, Alma, MI, 48801 is a Multi-Family Home for sale at $305,000 with 4,288 sqft and a lot size of 0.32. 430 Bridge Avenue is a studio with 6.0 baths and was built in 1944. The property's zip code is 48801 which is in Alma, MI