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Alma multi-family property for sale

430 Bridge Avenue

Alma, MI 48801

$305,000 Beds: 8 · Baths: 5 · Sq ft: 4,288 · Type: Multi-family

Property information

This home has been privately owned and not offered to the public for many years, presenting a truly unique opportunity. It offers a rare opportunity 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 is ideal for premium rental income. Plus, the property also includes two single-room studio units, perfect for consistent, low-maintenance cash flow. There is also a 13 x 38 storage area/workshop. The location adds even more value: the property is less than two miles from a vibrant downtown district, the local hospital, and major shopping centers — all strong drivers of year-round tenant demand. A large concrete driveway offers ample parking for multiple vehicles, enhancing convenience for residents and visitors alike. Overall, this is a versatile, high-yield investment with strong rental potential. The seller is in the process of adjusting the concrete elevation to help prevent water intrusion in the basement. If the work is not completed prior to closing, the seller will escrow funds to cover the cost.

Status Active On market 12/15/25 Updated 6/15/26 Type Single family,Apartment
Beds 8 Baths 5 Year built 1944 Finished sq ft 4,288 Lot acres 0.32
MLS 80064384 Schools Alma Public Schools

Interior

  • Walk-In Closet(s)
  • Dryer
  • Range/Oven
  • Refrigerator
  • Washer
  • Main Level

Exterior

  • Balcony
  • Deck
  • Porch

Systems

  • Natural Gas
  • Forced Air
  • Public
  • Community

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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