230 Ely St
Alma, MI 48801
Studio
3,720 sqft
Studio
3,720 sqft
Home Highlights
Parking
None
Outdoor
Yes
Price/Sqft
$13
Listed
73 days ago
Climate Control
Forced Air, Natural Gas Heating & Cooling
Local Information
- Map ViewExplore the area around 230 Ely St.
- Schools1 Preschool School3 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
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!
Last check for updates: about 6 hours ago
Listing courtesy of Micah Kemler
43 NORTH REALTY, (989) 463-1219
Source: NGLRMLS, MLS#1946299
Home Details for 230 Ely St
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Interior Details Basement: Crawl Space |
Dimensions and Layout Living Area: 3720 Square Feet |
Appliances & Utilities Appliances: None |
Heating & Cooling Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Multi UnitsHeating Fuel: Forced Air |
Fireplace & Spa Fireplace: NoneNo FireplaceNo Spa |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoAccessibility: None |
View No View |
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Exterior Home Features Roof: Asphalt MetalPatio / Porch: CoveredOther Structures: NoneExterior: SidewalkNo Private Pool |
Parking & Garage No CarportNo GarageNo Open ParkingParking: None |
Frontage Waterfront: NoneResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: AsphaltNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Farm & Range Not Allowed to Raise Horses |
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Cumulative Days on Market: 67Days on Market: 73 |
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Year Built Year Built: 1959 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: DuplexArchitecture: Duplex |
Building Construction Materials: Frame, Vinyl SidingNot a New ConstructionAttached To Another StructureDoes Not Include Home Warranty |
Property Information Condition: FixerParcel Number: 5103154700 |
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Price List Price: $50,043Price Per Sqft: $13 |
Status Change & Dates Possession Timing: Close Of Escrow |
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MLS Status: Active |
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Direction & Address City: AlmaCommunity: City of Alma |
School Information Elementary School District: Alma Public SchoolsJr High / Middle School District: Alma Public SchoolsHigh School District: Alma Public Schools |
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Listing Agent Listing ID: 1946299 |
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Building Area Building Area: 3720 Square Feet |
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Community Features: None |
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Lot Area: 5662.8 sqft |
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Listing Agreement Type: Exclusive Right To SellListing Terms: Cash |
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Rent Includes: Not For Lease |
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Mls Number: 1946299 |
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None |
Around this home
What Locals Say about Alma
At least 54 Trulia users voted on each feature.
86 % Say it's dog friendly
81 % Say parking is easy
81 % Say kids play outside
80 % Say car is needed
79 % Say yards are well-kept
78 % Say there's holiday spirit
77 % Say there are sidewalks
75 % Say people would walk alone at night
66 % Say it's walkable to restaurants
66 % Say it's quiet
59 % Say there's wildlife
59 % Say streets are well-lit
51 % Say neighbors are friendly
49 % Say it's walkable to grocery stores
39 % Say they plan to stay for at least 5 years
29 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Alma
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
48
5MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.06 | Multi-Family Home | $110,000 | 01/14/26 | 5 | 3 | 2,080 | |
0.34 | Multi-Family Home | $76,000 | 12/18/25 | 4 | 2 | 1,320 | |
0.13 | Multi-Family Home | $125,000 | 11/19/25 | 3 | 2 | 1,475 | |
0.42 | Multi-Family Home | $150,000 | 04/21/26 | 3 | 5 | 2,800 | |
0.46 | Multi-Family Home | $165,000 | 03/04/26 | 5 | 4 | 3,900 | |
0.41 | Multi-Family Home | $162,000 | 04/14/26 | 4 | 2 | 1,710 | |
3.40 | Multi-Family Home | $107,150 | 07/31/26 | 4 | 2 | 1,200 | |
6.09 | Multi-Family Home | $120,000 | 04/30/26 | 6 | 4 | 2,550 | |
5.90 | Multi-Family Home | $80,000 | 04/27/26 | 5 | 3 | 1,400 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | $102,100 | 5 | 2 | 1,834 | Off Market | |
0.04 | $121,000 | 2 | 1 | 864 | Recently Sold | |
0.05 | $169,700 | 3 | 1.5 | 1,768 | Off Market | |
0.06 | $167,300 | 4 | 2 | 1,228 | Off Market | |
0.06 | $110,000 | 5 | 3 | 2,080 | Recently Sold | |
0.06 | $126,500 | 3 | 1 | 1,194 | Off Market | |
0.08 | $149,900 | 4 | 2 | 1,364 | Recently Sold | |
0.07 | $145,000 | 3 | 1 | 924 | Recently Sold | |
0.08 | $158,900 | 3 | 2 | 1,296 | Off Market | |
0.10 | $122,000 | 3 | 1 | 1,444 | Recently Sold |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 8, 2026 Source: NGLRMLS #1946299 | Listed For Sale | $50,043 |
Mar 20, 2025 Source: N/A | Sold | $53,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,640 | $118,200 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Micah Kemler, 43 NORTH REALTY, (989) 463-1219
The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
Copyright 2026 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
Copyright 2026 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
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Frequently asked questions about 230 Ely St
- What is the estimated monthly payment for 230 Ely St?Based on a $50,043 list price with 20% down at today's rates, the estimated monthly payment for 230 Ely St in Alma, MI is approximately $391 (about $263 principal & interest, $53 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Alma?Residents describe Alma, MI as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See homes for sale in Alma, MI.
- What are the closest schools to 230 Ely St?The closest schools to 230 Ely St in Alma, MI are Alma Senior High School (rated 4/10), Donald L. Pavlik Middle School (rated 6/10), Hillcrest Elementary School (rated 5/10).
- Does 230 Ely St have air conditioning?Yes, 230 Ely St in Alma, MI has air conditioning.
230 Ely St, Alma, MI 48801 is a studio, 3,720 sqft multi-family built in 1959. This property is currently available for sale and was listed by NGLRMLS on Jun 8, 2026. The MLS # for this home is MLS# 1946299.