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4 Baths
1,290 sqft

$144,000

316 Euclid Street, Alma MI, 48801

Price per sqft$111.63
Built in1949
Property size1,290 sqft
Property typeMulti-family
Listed by Micah Kemler with 43 NORTH REALTY Listing Contact:

Overview

Active

Listed Jul 3, 2026

Updated 3 weeks ago

Looking to expand your investment portfolio? This well-maintained 2-story four-plex is a fantastic opportunity just steps from downtown Alma. With a long and successful rental history, this property has consistently proven to be a strong income-producing investment. Currently, three of the four units are occupied, and the fourth has a potential tenant awaiting buyer approval, giving you the opportunity to reach full occupancy quickly. Each unit features its own electrical panel and meter, as well as a separate furnace and heat source. This setup allows tenants to pay their own utilities, helping keep operating costs low and maximizing your return. Located within walking distance of downtown shopping, restaurants, and entertainment, this property offers the convenience and location that tenants are looking for. Current market rents exceed $2,000 per month, making this an excellent opportunity for both seasoned and first-time investors. Don't miss your chance to own a proven income-producing property in one of Alma's most desirable rental locations!

$958/mo

Est. mortgage payment based on a $144,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1947570

Interior Features

Bathrooms
4
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.25 Acres

Other Property Details

Taxes
$2,024
Tax Frequency
Annually
Association Fee Frequency
Yearly
MLS provider logo

Listed by Micah Kemler with 43 NORTH REALTY
Listing Contact:  

The IDX display contains information sourced from the Northern Great Lakes REALTORS® MLS as of 9/17/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Northern Great Lakes REALTORS® MLS all rights reserved.

Data last updated on 9/17/2026 at 12:32 AM UTC

 

 

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