For sale

$100,000

321 Ely St, Alma, MI 48801

3beds

1,270sqft

$835/mo

Get pre-qualified

Single Family Residence

Built in 1920

0.62 Acres Lot

$-- Zestimate^®

$79/sqft

$-- HOA

What's special

Waterfront livingPeaceful views

Welcome to your own little slice of waterfront living! This 3-bedroom, 1-bath home sits along the beautiful Pine River, offering peaceful views and a relaxing setting right outside your door. The home is currently livable but does need some TLC and updating, making it a great opportunity for someone looking to build equity and make a home their own. Whether you're searching for a year-round residence, weekend getaway, or investment property, there's plenty of potential here. Imagine enjoying your morning coffee overlooking the river, spending summer days by the water, and ending the evening listening to the river flow. With a little work and your personal touches, this could become an incredible waterfront retreat. Waterfront opportunities like this don't come along every day. Bring your ideas and make this Pine River property your own!

24 days
1,847
260

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 1

Rooms

Room types: Dining Room

Primary bedroom

Level: Main
Area: 120
Dimensions: 12 x 10

Bedroom 2

Level: Upper
Area: 130
Dimensions: 10 x 13

Bedroom 3

Level: Upper
Area: 273
Dimensions: 21 x 13

Primary bathroom

Features: Shared

Dining room

Area: 117
Dimensions: 9 x 13

Kitchen

Area: 101.75
Dimensions: 18.5 x 5.5

Living room

Level: Main
Area: 149.5
Dimensions: 11.5 x 13

Heating

Forced Air, Natural Gas

Appliances

Included: Refrigerator, Oven/Range
Laundry: Main Level

Features

Ceiling Fan(s), Cable TV, High Speed Internet, WiFi
Basement: Michigan Basement,Unfinished,Interior Entry
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 1,270
Total interior livable area: 1,270 sqft
Finished area above ground: 1,270
Finished area below ground: 0

Property

Parking

Parking features: None, Gravel

Accessibility

Accessibility features: None

Features

Levels: Two
Stories: 2
Patio & porch: Deck, Porch
Has view: Yes
View description: Water
Water view: Water
Waterfront features: River

Lot

Size: 0.62 Acres
Dimensions: 164 x 164
Features: Rolling Slope, Subdivided

Details

Additional structures: None
Parcel number: 5103133600
Zoning description: Residential
Other equipment: Dish TV

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Frame, Wood Siding
Foundation: Stone
Roof: Asphalt

Condition

Fixer
New construction: No
Year built: 1920

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: None
Subdivision: NA

HOA

Services included: None

Location

Region: Alma

Financial & listing details

Price per square foot: $79/sqft
Tax assessed value: $25,005
Annual tax amount: $1,556
Price range: $100K - $100K
Date on market: 9/12/2026
Cumulative days on market: 25 days
Listing agreement: Exclusive Right Sell
Listing terms: Conventional,Cash
Ownership type: Private Owner
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

$1,173/mo

Price history

Date	Event	Price
9/12/2026	Listed for sale	$100,000+400%$79/sqft
Source: NGLRMLS #1950481 Report a problem
5/13/1996	Sold	$20,000$16/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$1,563 +1%	$47,000 -0.2%
2025	$1,547 +6%	$47,100 +17.8%
2024	$1,459	$40,000 +9.6%
2023	--	$36,500 +28.1%
2022	--	$28,500 +6.3%
2021	--	$26,800 -7.3%
2020	--	$28,900 +39.6%
2019	--	$20,700 +5.6%
2018	--	$19,600 -3.9%
2017	--	$20,400 -6.8%
2016	--	$21,900 +6.3%
2015	--	$20,600 -6.8%
2014	--	$22,100 -5.2%
2013	--	$23,300 -2.5%
2012	--	$23,900 -3.2%
2011	--	$24,700