LKV Realty
Logo
$149,000
$650Reward *
316 Euclid Street, Alma, MI 48801Listing ID 80070643

316 Euclid Street, Alma, MI 48801

Active
Alma (29017)
Time on site: 41 daysLast updated: Jul 30, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Acres
Acres
0.25
Days on Site
Days on Site
40
Cooling
Cooling
Wall/Window Unit(s)
Heating
Heating
Wall Furnace, Forced Air
Year Built
Year Built
1949
Stories
Stories
2

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!

Property Information

Property Details

Location

Address
316 Euclid Street
County
Gratiot
City
Alma
Zip Code
48801
Subdivision
Alma (29017)
School District
Alma Public Schools
MLS Area
Alma (29017)
43 NORTH REALTY, (989) 463-1219

Interior Features

Heating and Cooling

Cooling
Wall/Window Unit(s)
Heating
Wall Furnace, Forced Air

Building

Building Information

Year Built
1949
Stories
2
Construction
Aluminum Siding
Foundation
Basement

Property Taxes

Tax Annual Amount
$2,024

Market Report for 48801

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MiRealSource
MiRealSource logo
Originating MLS: MiRealSource

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource,Inc.

For corrections to this data please contact Brytecore MLS Support.

NGL-C00426