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For sale
  • $189,000

    310 W Superior St, Alma, MI 48801

    3beds
    3baths
    1,700sqft
    Multi Family
    Built in 1967
    -- sqft lot
    $187,000 Zestimate®
    $111/sqft
    $-- HOA

    What's special

    Spacious upper-level unitTwo main-floor units
    Ready to start or add the perfect multi-unit property to your investment portfolio in the heart of downtown Alma? Well, look no further! Check out this well-maintained, income-producing triplex in one of Alma’s most desirable rental locations. Generating nearly $2,100 per month in rental income, this property has a proven track record of strong occupancy and consistent cash flow, with all three units enjoying an excellent rental history. Location is everything, and this property definitely checks that box! Situated in the heart of downtown Alma, tenants can walk to Alma College, downtown shopping, coffee shops, restaurants, churches, convenience stores, and many other local amenities, making it highly attractive to renters year after year. Each of the three one-bedroom, one-bathroom apartments offers convenient living spaces, including two main-floor units and a spacious upper-level unit. The property features separate gas and electrical meters for each apartment, keeping landlord expenses low, and maximizing cashflow. The owner is responsible for only one monthly utility bill covering water/sewer and trash service, making this an efficient and easy-to-manage investment. Whether you’re looking to expand your investment portfolio or purchase your first income property, this turnkey triplex offers the ideal combination of location, strong rental history, and dependable income. Seller is a licensed real estate broker in the State of Michigan.
    25 days
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    528
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    12
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    Zillow last checked:

    Listing updated:

    Listed by:

    Micah Kemler,

    43 NORTH REALTY 989-463-1219

    Source: NGLRMLS,MLS#: 1948587MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      Heating
      • Forced Air, Natural Gas
      Appliances
      • Included: Refrigerator, Oven/Range
      Features
      • None, Cable TV, High Speed Internet
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 1,700
      • Total interior livable area: 1,700 sqft

      Property

      Parking
      • Parking features: None
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered
      • Waterfront features: None
      Lot
      • Size: 10,018 Square Feet
      • Dimensions: 91 x 165
      Details
      • Additional structures: None
      • Parcel number: 5134478400
      • Zoning description: Residential,Multi-Family
      • Other equipment: Dish TV

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Frame, Vinyl Siding
      • Foundation: Block
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1967

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: None
      • Subdivision: James Dress Addition
      Location
      • Region: Alma

      Financial & listing details

      • Price per square foot: $111/sqft
      • Tax assessed value: $77,156
      • Annual tax amount: $4,948
      • Price range: $189K - $189K
      • Date on market: 7/29/2026
      • Cumulative days on market: 26 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Conventional,Cash,FHA,MSHDA,USDA Loan,VA Loan
      • Ownership type: Corporation
      • Lease term: Month To Month,12 Months
      • Total actual rent: 2075
      • Road surface type: Asphalt

        Estimated market value

        $187,000

        $178,000 - $196,000

        $1,150/mo

        Price history

        DateEventPrice
        7/29/2026Listed for sale$189,000+122.4%$111/sqft
        Source: NGLRMLS #1948587 Report a problem
        3/10/1998Sold$85,000$50/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,772 +2.9%$86,800 +9.2%
        2024$4,639 $79,500 +14.6%
        2023-- $69,400 -0.6%
        2022-- $69,800 +7.9%
        2021-- $64,700 +4.7%
        2020-- $61,800 +19.3%
        2019-- $51,800 +10.2%
        2018-- $47,000 +16%
        2017-- $40,500 +29.4%
        2016-- $31,300 +4.7%
        2015-- $29,900 -4.8%
        2014-- $31,400 +0.6%
        2013-- $31,200 -4%
        2012-- $32,500 -1.5%
        2011-- $33,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 48801

        Getting around

        68 / 100
        Somewhat Walkable
        67 / 100
        Bikeable

        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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