256 Ely St, Alma, MI 48801
Property image
Property image
SOLD
JAN 14, 2026

256 Ely St
Alma, MI 48801

  • 5 Beds
  • 3 Baths
  • 2,080 sqft

$110,000

Last Sold: Jan 14, 2026
8% below list $119K
$53/sqft
Est. Refi. Payment $751/mo*
Refinance Your Home

$110,000

Last Sold: Jan 14, 2026
8% below list $119K
$53/sqft
Est. Refi. Payment $751/mo*
Refinance Your Home
5 Beds
3 Baths
2,080 sqft

Local Information

  • Map ViewExplore the area around 256 Ely St.
  • Schools1 Preschool School3 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1956
Living Area
2,080 sqft
Price/Sqft
$53/sqft
Parking
None

About this House

Great Investment Opportunity in Alma! This 2-story triplex offers a total of approximately 2,080 square feet and is conveniently located near the river, local parks, and downtown Alma—just steps away from shopping, dining, and entertainment. Unit #1 features 2 bedrooms, 1 bath, and around 750 sq. ft. of living space, currently rented for $675 per month. Unit #2 is another 2-bedroom, 1-bath layout with approximately 700 sq. ft., bringing in $625 per month. Unit #3 offers 1 bedroom, 1 bath, and about 600 sq. ft., with rent at $525 per month. This property provides steady rental income with reliable tenants already in place. Whether you’re looking to expand your investment portfolio or start with your first rental property, this triplex delivers both value and location.
256 Ely St, Alma, MI 48801 is a 5 bedroom, 3 bathroom, 2,080 sqft multi-family built in 1956. It last sold for $110,000 on Jan 14, 2026 (8% below the $119,000 asking price). It is currently off market. The Trulia Estimate is $115,100, with a rent estimate of $1,065/month.

Home Details for 256 Ely St

Interior Features

Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 3
Dimensions and Layout
Living Area: 2080 Square Feet
Appliances & Utilities
Appliances: Refrigerator, Oven/RangeRefrigerator
Heating & Cooling
Heating: Forced Air,Wall Furnace,Natural GasHeating Fuel: Forced Air
Fireplace & Spa
Fireplace: NoneNo FireplaceNo Spa
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoAccessibility: None
View
No View

Exterior Features

Exterior Home Features
Roof: AsphaltOther Structures: NoneExterior: NoneFoundation: BlockNo Private Pool
Parking & Garage
No CarportNo GarageNo Open ParkingParking: None
Frontage
Waterfront: NoneRoad Surface Type: AsphaltNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Cumulative Days on Market: 83

Property Information

Year Built
Year Built: 1956
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Frame, Vinyl SidingNot a New ConstructionAttached To Another StructureDoes Not Include Home Warranty
Property Information
Parcel Number: 5103155200

Price & Status

Price
List Price: $119,000Price Per Sqft: $53/sqftPrice Range: $110,000 - $119,000
Status Change & Dates
Off Market Date: Wed Jan 14 2026Possession Timing: Close Of Escrow

Active Status

MLS Status: Sold Co-op Member

Location

Direction & Address
City: AlmaCommunity: Rockingham Place
School Information
Elementary School District: Alma Public SchoolsJr High / Middle School District: Alma Public SchoolsHigh School District: Alma Public Schools

Building

Building Area
Building Area: 2080 Square Feet

Community

Community Features: None

Lot Information

Lot Area: 10018.8 sqft

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Conventional, Cash, FHA, MSHDA, USDA Loan, VA Loan

Rental Terms, Policies & Fees

Rent Includes: Exterior Maintenance, Electricity

Miscellaneous

Mls Number: 1939869

Additional Information

None
Last check for updates: about 3 hours ago
Listed by Micah Kemler
43 NORTH REALTY, (989) 463-1219
Bought with: Jonas Saia, EXP REALTY LLC, (888) 501-7085
Source: NGLRMLS, MLS#1939869

Price History for 256 Ely St

DatePriceEventSource
01/14/2026$110,000Sold
NGLRMLS #1939869
10/24/2025$119,000Listed For SaleNGLRMLS #1939869

Market trends in Alma

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
53
1MoM
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Property Tax and Assessment

Year2025
Tax$1,896
Assessment$162,200
Home facts updated by county records

Comparable Sales for 256 Ely St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
130 Grafton Ave, Alma, MI
0.07
Multi-Family Home
$125,000
11/19/25
3
2
1,475
421 Prospect Ave, Alma, MI
0.49
Multi-Family Home
$165,000
03/04/26
5
4
3,900
303 W Elizabeth St, Alma, MI
0.46
Multi-Family Home
$162,000
04/14/26
4
2
1,710
426 N State St, Alma, MI
0.43
Multi-Family Home
$150,000
04/21/26
3
5
2,800
126 Holiday St, Alma, MI
0.39
Multi-Family Home
$76,000
12/18/25
4
2
1,320
319 W Saginaw St, Saint Louis, MI
3.35
Multi-Family Home
$107,150
07/31/26
4
2
1,200
501 N Pine River St, Ithaca, MI
5.88
Multi-Family Home
$80,000
04/27/26
5
3
1,400
302 N Pine River St, Ithaca, MI
6.06
Multi-Family Home
$120,000
04/30/26
6
4
2,550

Nearby homes

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Assigned Schools

These are the assigned schools for 256 Ely St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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.
  • Kipp Perdue
    "Quiet, peaceful and secluded area that many don’t even know exists. One of the few condominiums in Alma. "
    0
    Flag
  • Michael Gibson
    "homecoming parades, farmers markets, the yearly fair, downtown activities, decent school district also! great little small town "
    0
    Flag
  • Cynthia
    "scotsdale trailer park is a large park with different areas of single wide and double wide homes. It is just across the road from Meijer & Walmart, & other businesses, a gas station & Taco Bell at the entrance to the park "
    0
    Flag
  • Leroyrichards856
    "good stores and nice restaurants and nice shops and nice cops on the road good churches nice things to do like the parks "
    1
    Flag
  • Leroyrichards856
    "nice place to take kids have good places to eat at and good things all over here others talk to you and ask how are you doing today "
    1
    Flag
  • Leroyrichards856
    "dogs are outside all the time with others people walking with them people talk to you when walking by ur house "
    1
    Flag
  • Tarynjackson
    "Dog owners would like that their are sidewalks and that it is safe to walk dogs at night or early in the morning. During the winter the sidewalks are not salted though so walking in the street may be a better option. People are pretty good at slowing down and giving my dog and I time to walk past them. "
    0
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  • Bjfrench2011
    "Alma has a great atmosphere in regards to feeling safe in the city. Crime rate is low and crime itself seems very basic and non eventful compared to Saginaw or Flint areas just an hour East."
    0
    Flag
  • Bjfrench2011
    "Highland Festival happens annually every memorial weekend in May. This is the biggest event Alma hosts and people come from all over. The schools here are phenomenal as well as preschool options. I would say the only thing Alma is missing is descent outdoor social space for kids and teens. There is a golf course for older folks but as far as a community center or splash park, Alma is definitely lacking."
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  • Bjfrench2011
    "I have lived in this area for three years now and don't mind it. Main street gets crowded on weekends, and there are only 2 parades a year that I have noticed. There is a Dominos Pizza being built so things are looking up for this town. "
    1
    Flag
  • Fred P.
    "This is a great area with everything close by. Very safe, very family friendly."
    0
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Apartments for Rent

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Homes for sale near 256 Ely St

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Off Market Homes Near 256 Ely St

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Frequently asked questions about 256 Ely St

  • What is 256 Ely St estimated to be worth?
    Trulia's estimated value for 256 Ely St in Alma, MI is $115,100.
  • What is the price history for 256 Ely St?
    256 Ely St in Alma, MI last sold for $110,000 in January 2026.
  • Is Alma a buyer's or seller's market?
    Alma is currently a seller's market, based on recent for-sale activity.
  • 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 recently sold homes in Alma, MI.
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.