MylesShephard.com Myles Shephard

Alma multi-family property for sale

316 Euclid Street

Alma, MI 48801

$149,000 Type: Multi-family

Property information

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!

Status Active On market 7/2/26 Updated 7/30/26 Type Income
Year built 1949 Lot acres 0.25
MLS 80070643 Schools Alma Public Schools

Interior

  • Range/Oven
  • Refrigerator

Exterior

  • Porch

Systems

  • Wall Furnace
  • Forced Air
  • Wall/Window Unit(s)
  • Public
  • Public Sanitary

Listing Courtesy of MiRealSource. Listing Office 43 NORTH REALTY (989) 463-1219. For buyer's agent representation click here.

Listing information is provided for personal, non-commercial use and may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing. Information is refreshed from MiRealSource.

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