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Sold for $109,000
    • $109,000

    119 W Downie St, Alma, MI 48801

    4beds
    2baths
    1,800sqft
    Multi Family
    Built in 1949
    -- sqft lot
    $143,900 Zestimate®
    $61/sqft
    $1,129 Estimated rent

    Home value

    $143,900

    $124,000 - $164,000

    $1,129/mo

    Zestimate® history
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    What's special

    Exposed beam ceilingsBeautiful wood floorsCozy covered porch
    Turnkey Duplex in Prime Downtown Alma Location Ideal for investors, this turnkey 2-story duplex comes with two long-term tenants already in place. The downstairs tenant pays $825 monthly, while the upstairs tenant pays $600 plus an additional $150 monthly for utilities. The landlord covers all utilities and handles lawn care. Located in the heart of downtown Alma, this charming property features exposed beam ceilings, beautiful wood floors in both units, and a cozy covered porch. Recent updates include a new steam boiler installed in 2024, adding modern efficiency to this classic home. Don’t miss this exceptional opportunity to own a ready-to-go and already cash flowing rental in a highly desirable area!

    Zillow last checked:

    Listing updated:

    Listed by:

    Micah Kemler,

    43 NORTH REALTY 989-463-1219

    Bought with:

    Tish Mallory

    43 NORTH REALTY

    Source: NGLRMLS,MLS#: 1928631MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Steam, Natural Gas
    Appliances
    • Included: Refrigerator, Oven/Range, Gas Water Heater
    • Laundry: Laundry Hook-up
    Features
    • Cable TV, High Speed Internet
    • Basement: Full,Unfinished
    • Has fireplace: Yes
    • Fireplace features: Stove
    Interior area
    • Total structure area: 1,800
    • Total interior livable area: 1,800 sqft

    Property

    Parking
    • Parking features: Carport
    • Has carport: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered
    • Waterfront features: None
    Lot
    • Size: 3,920 Square Feet
    • Dimensions: 45 x 95
    Details
    • Additional structures: None
    • Parcel number: 5134480800
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Frame, Wood Siding
    • Foundation: Block
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1949

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: None
    • Security: Smoke Detector(s)
    • Subdivision: N/A
    Location
    • Region: Alma

    Financial & listing details

    • Price per square foot: $61/sqft
    • Tax assessed value: $63,839
    • Annual tax amount: $4,354
    • Price range: $109K - $109K
    • Date on market: 10/31/2024
    • Cumulative days on market: 44 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Conventional,Cash
    • Ownership type: Corporation
    • Lease term: 12 Months
    • Total actual rent: 1575
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    12/13/2024Sold$109,000-8.4%$61/sqft
    Source: NGLRMLS #1928631 Report a problem
    10/31/2024Listed for sale$119,000+98.3%$66/sqft
    Source: NGLRMLS #1928631 Report a problem
    6/9/2020Sold$60,000$33/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,436 +2.9%$79,300 +9.1%
    2024$4,311 $72,700 +12.7%
    2023-- $64,500 -2.6%
    2022-- $66,200 +7.1%
    2021-- $61,800 +4.9%
    2020-- $58,900 +9.7%
    2019-- $53,700 +9.6%
    2018-- $49,000 +0.2%
    2017-- $48,900 +17.3%
    2016-- $41,700 +4.5%
    2015-- $39,900 -2.2%
    2014-- $40,800 +2%
    2013-- $40,000 -6.5%
    2012-- $42,800 -4.5%
    2011-- $44,800
    Find assessor info on the county website

    Neighborhood: 48801

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Alma Public Schools

    Source: NGLRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $143,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $143,900

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