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236 Ely Street, Alma, MI 48801

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For Sale

$104,000

1,834 sqft

Estimated Payment

$ 785 /mo. †

6.63% APR for 30 yrs.
$3,021 in taxes
Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $56.71
    Price per square foot

  • Basement
    Rooms

Explore this Property

Charming Income-Producing Duplex in Alma!! Discover an exceptional investment opportunity with this well-maintained top and bottom duplex conveniently located near downtown Alma. With over 2 years of consistent rental income and long-term tenants in place, this property offers reliable cash flow and hassle-free ownership. Lower Unit: -Spacious 3-bedroom, 1-bath layout with nearly 1,200 sq. ft. -Monthly rent: $795 -Features include hardwood floor accents, a stylish brick accent wall, and main-level laundry facilities for added convenience. Upper Unit: -Cozy 2-bedroom, 1-bath layout with approximately 700 sq. ft. -Monthly rent: $620 -Perfect for tenants seeking an affordable and comfortable home close to city amenities. The property is situated just minutes from downtown Alma, offering easy access to shops, dining, and entertainment. Whether you're an experienced investor or new to real estate, this duplex is an excellent addition to your portfolio. Don't miss this opportunity for steady income and a prime location! Both tenants are on month to month leases. Water/sewer and gas meters are shared, and units are separately metered for electrical. Schedule your showing today (Please give 24 hour notice to show). Seller is a licensed real estate broker in the State of Michigan.
MLS# 1929774

Courtesy Of 43 NORTH REALTY
202 E Superior Street, Alma, MI 48801
(989) 463-1219

Property Features

  • Appliances
    Range, Refrigerator
  • Architecture Style
    Other
  • Heating System
    Forced Air
  • Lot Size
    0.2 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement, Kitchen, Living Room

Map and Directions

Directions to 236 Ely Street, Alma, MI 48801

Home seller CENTURY 21 Lee-Mac Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Lee-Mac Realty

(989) 463-6085
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $533
  • Property Taxes
    $251
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $785

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Luce Road Elementary School

Grades PK-1 Public School

Alma, MI 48801 1.6 miles
6265 n luce rd

285 total students
13:1 Student teacher ratio

School Details

Hillcrest Elementary School

Grades 2-3 Public School

Alma, MI 48801 0.4 miles
515 e elizabeth st

284 total students
18:1 Student teacher ratio

School Rating: C

School Details

Pine Avenue Elementary School

Grades 4-5 Public School

Alma, MI 48801 0.9 miles
1025 pine ave

274 total students
16:1 Student teacher ratio

School Rating: D

School Details

Donald L Pavlik Middle School

Grades 6-8 Public School

Alma, MI 48801 1.5 miles
1700 pine ave

459 total students
19:1 Student teacher ratio

School Rating: C+

School Details

Alma Senior High School

Grades 9-12 Public School

Alma, MI 48801 1.2 miles
1500 pine ave

652 total students
18:1 Student teacher ratio

School Rating: B-

School Details
Other Nearby Schools Distance Type Grades School Rating
St Mary School 0.5 miles Private PK-6
Eugene M Nikkari Elementary School 3 miles Public 3-5 C-
Link Learning St Louis 3.5 miles Public 9-12 D
St Louis High School 3.7 miles Public 9-12 B
Ts Nurnberger Middle School 3.9 miles Public 6-8 C+
Carrie Knause Early Childhood Learning Center 4 miles Public PK-2
Ithaca Seventy-day Adventist School 5.4 miles Private KG-7

St Mary School

Distance: 0.5 miles

Type Private

Grades: PK-6

Eugene M Nikkari Elementary School

Distance: 3 miles

Type Public

Grades: 3-5

C-

Link Learning St Louis

Distance: 3.5 miles

Type Public

Grades: 9-12

D

St Louis High School

Distance: 3.7 miles

Type Public

Grades: 9-12

B

Ts Nurnberger Middle School

Distance: 3.9 miles

Type Public

Grades: 6-8

C+

Carrie Knause Early Childhood Learning Center

Distance: 4 miles

Type Public

Grades: PK-2

Ithaca Seventy-day Adventist School

Distance: 5.4 miles

Type Private

Grades: KG-7

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Alma, MI 48801

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Alma, MI 48801

This community’s employment is highest in the production occupations and administrative support industries. The area’s overall household expenses are below the national average.

84° July
Hottest Average Month
14° February
Coldest Average Month
4,673 Total Households in Area
-1% Increase in population since the year 2010
26%
of households
have children
20 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Alma, MI 48801

Alma, MI 48801 has a population of 12,735 people in 4,673 households with a median age of 35.9 years old.

-1%
Decrease in population
since the year 2010
Population is Trending down
4,638
Total households as of 2010
3.3%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 35.9 years old. The smallest percentage group is 18-24 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 85%
Hispanic 11%
Other 5%
Black 3%
Asian 1%
Native American <1%
The most prevalent ethnicity is White at 85%, followed by Hispanic at 11%, Other at 5%, and Black at 3%.

Economics
for Alma, MI 48801

183 /sq mi
Population Density
$53,341 /yr
Median Household Income
$132,750
Median Sales Price
20 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 20.45% of the households.

Transportation to Work

  • Drive 83%
  • Work from Home 10%
  • Walk or Bike 5%
  • Public Transit 1%

Occupancy by Type

Owned 3,169 63%
Rented 1,504 30%
Vacant 359 7%

White vs Blue Collar Jobs







White Collar 74%
Blue Collar 26%

Family & Education Facts
for Alma, MI 48801

35.9 Median Age

Average Household Size

2.4
persons per
household

48.6%

Married Households

Community Population By Education

High School Graduate 39%
Some College 22%
Bachelors Degree 15%
Associates Degree 10%
Graduate Degree 8%
Some High School 5%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 39.25% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
26% of households have children

Weather
for Alma, MI 48801

The weather for this area ranges from a high of 84° F in July to a low of 14° F in February

84° July
Hottest Average Month
14° February
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
14°
30°
Feb
14°
32°
Mar
23°
42°
Apr
34°
57°
May
45°
69°
Jun
54°
79°
Jul
58°
84°
Aug
57°
81°
Sep
49°
73°
Oct
39°
61°
Nov
30°
46°
Dec
20°
34°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Alma, MI 48801!
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Copyright © 2025 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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