230 Ely Street

Alma, MI 48801

$50,043
Price
—
Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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Description

Investor opportunity on Alma’s south side! This top/bottom duplex offers strong potential for the right buyer looking to renovate and build equity. The property experienced a recent fire, leaving the interior as a blank slate—perfect for customizing finishes and layout to your own vision. Each unit is designed as a 2-bedroom, 1-bath, with market rents estimated between $650–$750 per month per unit once completed. With approximately 3,720 total square feet, there is plenty of space to create...Investor opportunity on Alma’s south side! This top/bottom duplex offers strong potential for the right buyer looking to renovate and build equity. The property experienced a recent fire, leaving the interior as a blank slate—perfect for customizing finishes and layout to your own vision. Each unit is designed as a 2-bedroom, 1-bath, with market rents estimated between $650–$750 per month per unit once completed. With approximately 3,720 total square feet, there is plenty of space to create a solid income-producing property. Located just south of downtown Alma, this property is close to shopping, dining, and everyday conveniences, making it an attractive option for future tenants. This property will require full rehabilitation and proper permitting. Due to the condition, all potential buyers must sign a hold harmless agreement prior to entry. Seller is offering a $10,000 credit to the buyer, to be held in escrow and released upon completion of at least 50% of the reconstruction. Bring your vision and turn this property into a strong addition to your investment portfolio!
  1. Listed by Micah Kemler • 43 NORTH REALTY
    P: (989)-330-4037 mkemler7@gmail.com

Property Details for 230 Ely Street

Architectural Style
2 Story
Subdivision Name
City of Alma
Waterfront
No
Zoning Description
Multi-Family,Residential
LISTING UPDATED: 06/17/2026 03:07 PM

Property Details for 230 Ely Street

StatusActive
MLS #80069394
Days on Market8
Taxes$2,656 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1959
Lot Size0.13 AC / 5,662 SF
CountyGratiot County
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Location

Listing Courtesy of 43 NORTH REALTY
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Building Information for 230 Ely Street

Stories2Residences2Year Built1959Building Size-Lot Size0.13 AC / 5,662 SF

Payment Calculator

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$471 per month

30 year fixed, 6.36% Interest

Principal and Interest

$249

Property Taxes

$221

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 230 Ely Street

Summary
Location and General Information
  • Carrier Route: C006
  • Directions: SUPERIOR ST TO WOODWORTH AVE SOUTH TO ELY ST EAST TO PROPERTY
  • Latitude: 43.374135
  • Longitude: -84.659287
  • MLS Area Major: Alma (29017)
Taxes and HOA
  • Parcel Number: 51-031-547-00
  • Tax Annual Amount: $2,656.49
Property
Lot Information
  • Lot Size Acres: 0.13
Property and Assessments
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Raw Mls Documents Count: 4
  • Raw Mls Lot Size: 58 x 96
  • Raw Mls Modification Timestamp: 06-11-2026 10:05:46 AM
  • Raw Mls Photos Change Timestamp: 06-08-2026 04:45:37 PM
  • Raw Mls Photos Count: 7
  • Raw Mls Property Sub Type: Multi-Family
  • Raw Mls Stories Total: 2.0
  • Year Built: 1959
Building Features
  • Stories Total: 2
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Community Features: Sidewalks
  • Patio And Porch Features: Porch
Interior Features
  • Basement: Crawl Space
  • Basement: No
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
Multi Family
Multi Family Information
  • Number Of Units Total: 2

Property History for 230 Ely Street

DateEvent & SourcePriceAppreciation
Jun 7, 2026

Listed (Active)

MiRealSource #80069394

$50,043—
Mar 14, 2025

Sold (Public Record)

Public Record #1553978963

$53,000—
DateEvent & SourcePrice
06/07/2026

Listed (Active)

MiRealSource #80069394

$50,043
03/14/2025

Sold (Public Record)

Public Record #1553978963

$53,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 230 Ely Street

Taxable ValueLand-Additions-Total-
Tax Record2023$2,516 ($210 / month)
Home Facts
Beds0Lot Size5,663 SqFtStyleSingle Family ResidenceCountyGRATIOTAPN51-031-547-00

Schools near 230 Ely Street

This home is within Alma Public Schools.
Rating
School
Type
Grades
Distance
Hillcrest Elementary School
Public - 1 to 3
Pine Avenue Elementary School
Public - 4 to 5
Donald L. Pavlik Middle School
Public - 6 to 8
Alma Senior High School
Public - 9 to 12
Rating
School
Distance
Hillcrest Elementary School
Public1 to 3

Pine Avenue Elementary School
Public4 to 5

Donald L. Pavlik Middle School
Public6 to 8

Alma Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 230 Ely Street, Alma, MI 48801

230 Ely Street is a multi-family home for sale in Alma, MI 48801. This property was listed for sale on June 7, 2026 by 43 NORTH REALTY, it's currently listed at $50,043. It has been on the market for a total of 8 days and was last sold on March 14, 2025. This listing's school district is Alma Public Schools. Nearby schools include Hillcrest Elementary School, Pine Avenue Elementary School and Donald L. Pavlik Middle School. 230 Ely Street is a 0-bed, 0-bath, multi-family home built in 1959.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of 43 NORTH REALTY

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