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256 Ely Street, Alma, MI 48801

$110,000
: 3
BA
: 2,080
SqFt

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Sold Price: $110,000
List Price: $119,000
Closing Date: Jan 14, 2026
Days on Market: 83
Status: SOLD CO-OP MEMBER
MLS#: 1939869
Bathrooms: 3
Living Area: 2,080
Lot Size (Acres): 0.23
Year Built: 1956

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Property Description

Great Investment Opportunity in Alma! This 2-story triplex offers a total of approximately 2,080 square feet and is conveniently located near the river, local parks, and downtown Alma—just steps away from shopping, dining, and entertainment. Unit #1 features 2 bedrooms, 1 bath, and around 750 sq. ft. of living space, currently rented for $675 per month. Unit #2 is another 2-bedroom, 1-bath layout with approximately 700 sq. ft., bringing in $625 per month. Unit #3 offers 1 bedroom, 1 bath, and about 600 sq. ft., with rent at $525 per month. This property provides steady rental income with reliable tenants already in place. Whether you’re looking to expand your investment portfolio or start with your first rental property, this triplex delivers both value and location.

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Additional Information

Building Name: Rockingham Place
Taxes: $2,520
Stories: 2
Interior Features: None
Amenities: None
Exterior Features: None
Heating: Forced Air, Wall Furnace, Natural Gas
Water: Public
Sewer: Public Sewer
School District: Alma Public Schools