10 days on rocket

236 Ely St, Alma, MI, 48801

$109,000

Home List Price

$1,294*

Closing Credit

2 Baths
1,834 SqFt
$59/SqFt
House

Location

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236 Ely St, Alma$109,000

Buyer Closing Credits

$1,294*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

ParkingNone
Year Built1900
HeatingForced Air
WaterfrontNone
FireplaceStove
MLS #1929774
Lot Size0.20 Acres
StatusActive

About 236 Ely St

Charming Income-Producing Duplex in Alma!! Discover an exceptional investment opportunity with this well-maintained top and bottom duplex conveniently located near downtown Alma. With over 2 years of consistent rental income and long-term tenants in place, this property offers reliable cash flow and hassle-free ownership. Lower Unit: -Spacious 3-bedroom, 1-bath layout with nearly 1,200 sq. ft. -Monthly rent: $795 -Features include hardwood floor accents, a stylish brick accent wall, and main-level laundry facilities for added convenience. Upper Unit: -Cozy 2-bedroom, 1-bath layout with approximately 700 sq. ft. -Monthly rent: $620 -Perfect for tenants seeking an affordable and comfortable home close to city amenities. The property is situated just minutes from downtown Alma, offering easy access to shops, dining, and entertainment. Whether you're an experienced investor or new to real estate, this duplex is an excellent addition to your portfolio. Don't miss this opportunity for steady income and a prime location! Schedule your showing today. Seller is a licensed real estate broker in the State of Michigan.

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story
  • Year Built: 1900
  • Living Area: 1,834 SqFt

Listing Office:

  • Office Name: 43 NORTH REALTY
  • Office Phone: (989) 463-1219
  • Listing Agent: Micah Kemler

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Gas Water Heater
  • Interior: None
  • Fireplace: Stove

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Covered Porch, Vinyl Siding, Block

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: SUPERIOR TO WOODWORTH, SOUTH TO ELY, WEST TO HOME

Price Information

Listing Price Info

Price Summary:

  • List Price: $109,000
  • Price Per SqFt: $59/SqFt
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Housing Market Comparison

See how this home compares to others in Alma, MI.

Med. Sold Price

$161K

Med. Price/SqFt

$105

Avg. Days On Market

116

# of Sold Homes

11

236 Ely St vs Alma

10 DAYS ON ROCKET

-106 Days

$109,000

-$52K Less

$59/SqFt

-$47 Less

KEY TAKEAWAY

This property is $52K less than the Median Sold Price and $47/SqFt less than other homes in Alma, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CMIAR
  • MLS Number: #1929774

Listing Office:

  • Office Name: 43 NORTH REALTY
  • Office Phone: (989) 463-1219
  • 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: 1/2/2025, 11:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021 - $42,500
2020 - $44,100
2019 - $36,400
2018 - $31,000
2017 - $31,400

History based on county public records data.

Payment Calculator

$612

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$393

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-62445
4
/10
  • Hillcrest Elementary School

  • 515 E Elizabeth St

  • 0.35 miles

  • Public District Grades 2-3

school-card-donut-62446
3
/10
  • Pine Avenue Elementary School

  • 1025 Pine Ave

  • 0.94 miles

  • Public District Grades 4-5

school-card-donut-62447
3
/10
  • Eugene M Nikkari Elementary School

  • 301 W State St

  • 3.03 miles

  • Public District Grades 3-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,444. The most common annual income of people living in Alma, MI is less than $35k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 236 Ely St

What is the listing price of this property?

The listing price of 236 Ely St property is $109,000.

What type of property is this?

The property 236 Ely St is a house located in Alma, Michigan, 48801.

Is this property for sale now?

Active Listing: 236 Ely St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 236 Ely St has 2 bathrooms..

What is the square footage of this property?

The property 236 Ely St is 1,834 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 236 Ely St is 1900.

Rocket Homes›Michigan›Gratiot County›Alma›48801›236 Ely St

This home is located at 236 Ely St in Alma, MI and zip code 48801. This 1,834 square foot home, which was built in 1900, sits on a 0.20 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since December 24, 2024 and is currently priced at $109,000.

In December 2024, from all listings sold in Alma, MI there were more than 1 sold above asking price, over 9 sold below and more than 1 were sold right at the asked price. The inventory of homes for sale in Alma, MI between November 2024 and December 2024 decreased by 6.3%. Listings spent 116 days on the market in December 2024, and had a median list price of $161,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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