Sold

$165,000

421 Prospect Ave, Alma, MI 48801

5beds

4baths

3,900sqft

2 to 4 Units

Built in 1917

-- sqft lot

$168,300 Zestimate^®

$42/sqft

$1,262 Estimated rent

Home value

$168,300

Estimated sales range

Not available

$1,262/mo

Zestimate^® history

Owner options

List your home for rent

$1,262/mo

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$1,262/mo

Rent Zestimate^®

Refinance and save

$1,098/mo

Est. payment

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$1,098/mo

Est. payment

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What's special

New paintRemodeled bathroom

With life changes comes great opportunities. This amazing 3 unit that's generating almost 3,000 a month is on the market. With all 3 rented out month to month and when rating nice income. Amazing opportunity close to alma college, a block off of downtown, close to shopping, restaurants, and night life. With a two year old roof, remodeled bathroom, new paint, flooring, and many updates this is an investors dream. Or possibly live in one unit and rent the other two out. This has endless possibilities and location location location. Set up your showing today! Won't last long!!!! Laiting agent and self are related

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4

Heating

Forced Air

Cooling

Window Unit(s)

Appliances

Laundry: In Basement

Features

Basement: Full

Interior area

Total interior livable area: 3,900 sqft

Property

Parking

Total spaces: 3
Parking features: Concrete, Driveway

Lot

Size: 8,276 sqft
Features: Corner Lot

Details

Parcel number: 5134479600
Zoning description: residential

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 to 4 Units

Materials

Aluminum Siding, Vinyl Siding
Roof: Composition

Condition

New construction: No
Year built: 1917

Utilities & green energy

Sewer: None
Water: None
Utilities for property: Cable Available, Natural Gas Connected

Community & neighborhood

Location

Region: Alma

Other

Other facts

Listing terms: VA Loan,Cash,Conventional
Road surface type: Paved

Price history

Date	Event	Price
3/4/2026	Sold	$165,000-2.9%$42/sqft
Source: MichRIC #25056452 Report a problem
2/10/2026	Pending sale	$169,900$44/sqft
Source: MichRIC #25056452 Report a problem
1/23/2026	Price change	$169,900-5.6%$44/sqft
Source: MichRIC #25056452 Report a problem
1/14/2026	Pending sale	$179,900$46/sqft
Source: MichRIC #25056452 Report a problem
11/30/2025	Price change	$179,900-5.3%$46/sqft
Source: MichRIC #25056452 Report a problem
11/3/2025	Listed for sale	$189,900+26.6%$49/sqft
Source: MichRIC #25056452 Report a problem
10/2/2024	Sold	$150,000-11.8%$38/sqft
Source: Public Record Report a problem
8/29/2024	Contingent	$170,000$44/sqft
Source: Greater Lansing AOR #281734 Report a problem
6/28/2024	Listed for sale	$170,000+126.7%$44/sqft
Source: Greater Lansing AOR #281734 Report a problem
7/6/2010	Sold	$75,000$19/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,102 +2.9%	$103,700 +9%
2024	$3,986	$95,100 +13.5%
2023	--	$83,800 -1.6%
2022	--	$85,200 +7.4%
2021	--	$79,300 +4.8%
2020	--	$75,700 +20%
2019	--	$63,100 +5.3%
2018	--	$59,900 -1.6%
2017	--	$60,900 +16%
2016	--	$52,500 +4.4%
2015	--	$50,300 -3.1%
2014	--	$51,900 +1.4%
2013	--	$51,200 -4.3%
2012	--	$53,500 -2.2%
2011	--	$54,700