$2,636 Closing Credit¹
#1927374, Marci Browne, Listing Office: AMERICA'S CHOICE REALTY LLC
$179,000 List price
426 N State St Alma, MI 48801
$2,126
Closing credit¹
5 baths
2,800 sqft
0.2 acres
$64 / sqft
House
Property details
About 426 N State St
Prime 5-Unit Multi-Family Property Near Downtown Alma!! Looking for a great investment opportunity? This fully rented 5-unit multi-family property is located right in the heart downtown Alma, offering convenience for tenants and steady income for owners. The building features durable vinyl siding and a low-maintenance metal roof, ensuring long-term durability. Each of the five apartments is a 1-bedroom, 1-bath unit with a cozy kitchen and a main living space, perfect for singles or couples. With gross rents totaling $2,750 per month, this property is already generating strong cash flow. Its proximity to downtown Alma means tenants are close to shopping, dining, and local amenities. Don’t miss out on this ready-to-go investment! Schedule a showing today and see the potential for yourself! All measurements are approximated and should be verified by a professional. Seller is a licensed real estate broker in the State of Michigan.
Highlights
HeatingSteam
StatusActive
Size2,800 sqft
Lot size0.18 Acres
Year built1970
ParkingAttached
MLS #1929756
Attached garageYes
FireplaceStove
Summary
- MLS Number: 1929756
- MLS Name: CMIAR
- Office Name: 43 NORTH REALTY
- Office Phone: (989) 463-1219
- Office Email: mkemler7@gmail.com
- Listing Agent: Micah Kemler
Copyright © 2025 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$179,000
426 N State St
$2,126
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $86,200 | $4,266 |
| 2023 | $80,100 | $- |
| 2022 | $70,000 | $- |
| 2021 | $65,400 | $- |
| 2020 | $63,200 | $- |
| 2019 | $56,400 | $- |
| 2018 | $62,800 | $- |
| 2017 | $45,800 | $- |
History based on county public records data.
Nearby schools
3
Pine Avenue Elementary School
Public District 4-5
0.6 mi
•1025 Pine Ave
4
Hillcrest Elementary School
Public District 2-3
0.7 mi
•515 E Elizabeth St
3
Eugene M Nikkari Elementary School
Public District 3-5
3.0 mi
•301 W State St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $52,083. The majority of Alma, MI residents have income between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
34%
<35k
44%
35k-100k
22%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
50%
Single, No Kids
7%
Single, with Kids
24%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
9%
12-17 yrs old
22%
18-34 yrs old
43%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Extreme Sports
Figure Skating
College Football
Where do the neighbors shop?
Academy Sports & Outdoors
Kmart
Express/Express For Men
Where do the neighbors go to eat?
Little Caesars
Bob Evans
Sonic
What do the neighbors drive?
Chevrolet
Buick
Kia
What do the neighbors listen to?
Country
Oldies
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 426 N State St
This home is located at 426 N State St in Alma, MI and zip code 48801. This 2,800 square foot home, which was built in 1970, sits on a 0.18 acre lot. Features: 5 bathrooms. It has been listed on Rocket Homes since December 21, 2024 and is currently priced at $179,000.
While more than 1 listings in Alma, MI in February 2025 were sold above asking price, there were more than 2 listings sold at asking price, and more than 2 were sold below. The inventory of homes for sale in Alma, MI between January and February 2025 increased by 7.5%. The median list price of listings available in February 2025 was $156,500, while the average time on the real estate market was 49 days.
From Rocket Homes Real Estate and based on county public records data.