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256 Ely, 
Alma, MI 48801

$119,000

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Active

Listed by

Micah Kemler

43 North Realty

989-463-1219

Last updated:

January 2, 2026, 11:11 AM

MLS#

80063097

Source:

MI REALSOURCE

About This Home

256 Ely

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.

Home Facts

Multi-Family

Built in 1956

Price Summary

119,000

MLS #:

80063097

Last Updated:

January 2, 2026, 11:11 AM

Added:

2 month(s) ago

Structure

Structure

Year Built:

1956

Lot

Lot Size (Sq. Ft):

10,018

Finances & Disclosures

Finances

Price:

$119,000

Source:MI REALSOURCE
The information being provided by Michigan Mls/Mirealsource is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Michigan Mls/Mirealsource All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.