256 Ely Street, Alma, MI

$119,000

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2,080

Square feet

0.23

Acres

About 256 Ely Street

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.

Features of 256 Ely Street

MLS® # 1939869
Price $119,000
Square Footage 2,080
Acres 0.23
Year Built 1956
Type Multi-Family
Sub-Type 2 Story
Status New
Association Rockingham Place

Community Information

Address 256 Ely Street
Subdivision Rockingham Place
City Alma
County Gratiot
State MI
Zip Code 48801

Amenities

Utilities Municipal
Garages None
Is Waterfront No
Waterfront None
Has Pool No

Interior

Interior Features None
Appliances Refrigerator, Oven/Range
Heating Natural Gas,Forced Air,Wall
Has Basement No
Basement Block
Fireplace No
Fireplaces None

Exterior

Exterior Vinyl Siding
Exterior Features None
Roof Asphalt
Construction Frame

School Information

District Alma Public Schools

Additional Information

Date Listed October 23rd, 2025
Days on Market 1
Zoning Residential, Rental History
Short Sale No
RE / Bank Owned No

Listing Details

Office17733

Listing Map

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