316 Euclid Street, Alma, MI 48801
- 4 baths |
- 1,290 sqft
Multi-Family Home 
Built in 1949 
0.25acre lot
—— car garage 
$116/sqft 
Listed 3 days ago
Property Description
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!
- Listing Status:
- Active
- Data Last Updated:
- July 7, 2026 at 1:08PM
- Listing Office:
- 43 NORTH REALTY : 989-463-1219
- Listing Agent:
- Micah Kemler :
- MLS ID:
- 1947570
- General: None
- Parking: None
- Roofing: Asphalt
- Windows: Blinds
- General: FrameAluminum Siding2Block
- Road/Access: Asphalt
- HOA Amenities: Annually
- Originating MLS: NGLRMLS API
- School District: Alma Public Schools
- County: Gratiot
- Zoning: ORIGINAL TOWNCITY OF ALMALOT 10BLK 28
- Water: Public
- Sewer: Public Sewer
- Source: NGLRMLS API
- Ownership: Corporation
This listing courtesy of Micah Kemler , 43 NORTH REALTY
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
