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!
Sold for $109,000
$109,000
119 W Downie St, Alma, MI 48801
4beds
2baths
1,800sqft
Multi Family
Built in 1949
-- sqft lot
$156,300 Zestimate®
$61/sqft
$1,116 Estimated rent
Home value
$156,300
$136,000 - $177,000
$1,116/mo
Zestimate® history
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$576/mo
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List your homeWhat's special
Exposed beam ceilingsBeautiful wood floorsCozy covered porch
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#: 1928631
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 sqft
- 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 & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: None
Location
- Region: Alma
- Subdivision: N/A
HOA & financial
Other financial information
- Total actual rent: 1575
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Price range: $109K - $109K
- Listing terms: Conventional,Cash
- Ownership type: Corporation
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 12/13/2024 | Sold | $109,000-8.4%$61/sqft |
Source:  NGLRMLS #1928631 Report a problem | ||
| 10/31/2024 | Listed for sale | $119,000+98.3%$66/sqft |
Source: NGLRMLS #1928631 Report a problem | ||
| 6/9/2020 | Sold | $60,000$33/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 schools
GreatSchools rating
- 8/10Pine Avenue Elementary SchoolGrades: 4-5Distance: 0.6 mi
- 6/10Donald L. Pavlik Middle SchoolGrades: 6-8Distance: 1.1 mi
- 4/10Alma Senior High SchoolGrades: 9-12Distance: 0.9 mi
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
$156,300
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
$156,300
- Michigan
- Gratiot County
- Alma
- 48801
- 119 W Downie St
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