Real Estate Investment Properties for Sale in Alma, MI

Looking for investment property in Alma, MI with high ROI ?

Explore a variety of short-term homes & houses in Alma, MI. Invest wisely with VRBO & Alma, MI Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Multi Family for Sale in Alma, MI

Search for Multi Family for Sale in Alma, Michigan. Browse all of Mashvisor’s Multi Family listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 4 Multi Family listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
130 Grafton Avenue Alma, MI Updated Duplex - Live in One, Rent the Other! This well-maintained duplex offers both comf...	3 beds \| 2 baths \| 1,475 sq.ft.	$125,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.78% Airbnb Rental Income: $null Traditional Rental Income: $1800 Airbnb ROI: N/A Traditional ROI: 11.78%
421 Prospect Avenue Alma, MI With life changes comes great opportunities. This amazing 3 unit that's generating almost ...	5 beds \| 4 baths \| 3,900 sq.ft.	$189,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.43% Airbnb Rental Income: $null Traditional Rental Income: $2473 Airbnb ROI: N/A Traditional ROI: 10.43%
256 Ely Street Alma, MI Great Investment Opportunity in Alma! This 2-story triplex offers a total of approximatel...	5 beds \| 3 baths \| 2,080 sq.ft.	$119,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.34% Airbnb Rental Income: $null Traditional Rental Income: $760 Airbnb ROI: N/A Traditional ROI: 3.34%
126 Holiday Alma, MI GREAT STARTER INVESTMENT PROPERTY!! Here's where it makes sense to begin building equity a...	4 beds \| 2 baths \| 1,320 sq.ft.	$87,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.88% Airbnb Rental Income: $null Traditional Rental Income: $760 Airbnb ROI: N/A Traditional ROI: 4.88%
Other Investment Properties for Sale in Alma
750 Pennsylvania Avenue Alma , MI NEW ROOF on the house! NEWLY AVAILABLE ONCE AGAIN! Welcome to this delightful 3-bedroom, 1...	3 beds \| 2 baths \| 1,400 sq.ft.	$168,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.26% Airbnb Rental Income: $null Traditional Rental Income: $1561 Airbnb ROI: N/A Traditional ROI: 7.26%
811 N River Avenue Alma , MI Spacious 5-bedroom, 2-bath home conveniently located in town. This property features recen...	5 beds \| 2 baths \| 1,948 sq.ft.	$180,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.43% Airbnb Rental Income: $null Traditional Rental Income: $850 Airbnb ROI: N/A Traditional ROI: 2.43%
625 Slater Street Alma , MI Check out this adorable 2-bedroom, 1-bath home right in the heart of the city! Youâll lo...	2 beds \| 1 baths \| 806 sq.ft.	$129,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.03% Airbnb Rental Income: $null Traditional Rental Income: $1437 Airbnb ROI: N/A Traditional ROI: 9.03%
214 Philadelphia Avenue Alma , MI Welcome home! This beautifully updated 4-bedroom, 2-bath residence offers comfort, style, ...	4 beds \| 2 baths \| 2,149 sq.ft.	$238,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.43% Airbnb Rental Income: $null Traditional Rental Income: $1800 Airbnb ROI: N/A Traditional ROI: 5.43%
5811 N Luce Road Alma , MI Discover 2,200 sq. ft. of luxurious, single-level living in this fully renovated brick exe...	3 beds \| 3 baths \| 2,200 sq.ft.	$412,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.38% Airbnb Rental Income: $null Traditional Rental Income: $2611 Airbnb ROI: N/A Traditional ROI: 4.38%
1510 Luce Court Alma , MI This charming, authentic log cabin, built in 1999 and offers over 1,700 square feet of liv...	3 beds \| 2 baths \| 1,780 sq.ft.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.44% Airbnb Rental Income: $null Traditional Rental Income: $1771 Airbnb ROI: N/A Traditional ROI: 2.44%
1310 Rosedale Street Alma , MI Charming 4-bedroom, 1-bath ranch-style home featuring a cozy fireplace in the spacious liv...	4 beds \| 1 baths \| 1,660 sq.ft.	$165,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.57% Airbnb Rental Income: $null Traditional Rental Income: $1824 Airbnb ROI: N/A Traditional ROI: 8.57%
3927 W Tyler Road Alma , MI Totally new inside and out just 5 miles from town!! Move in and not do a thing for years t...	3 beds \| 2 baths \| 1,320 sq.ft.	$259,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.81% Airbnb Rental Income: $null Traditional Rental Income: $1641 Airbnb ROI: N/A Traditional ROI: 3.81%
5705 N State Road Alma , MI This 3.45-acre mixed-use property offers a unique investment opportunity with both steady ...	N/A beds \| N/A baths \| 2,579 sq.ft.	$499,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.75% Airbnb Rental Income: $null Traditional Rental Income: $1855 Airbnb ROI: N/A Traditional ROI: 0.75%
929 Mill Street Alma , MI Welcome home to this beautifully updated two-story residence offering 4 bedrooms, 2.5 bath...	4 beds \| 3 baths \| 2,460 sq.ft.	$270,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.64% Airbnb Rental Income: $null Traditional Rental Income: $2886 Airbnb ROI: N/A Traditional ROI: 8.64%
726 Pennsylvania Avenue Alma , MI This beautifully updated 2-bedroom, 1-bathroom home offers modern living just minutes from...	2 beds \| 1 baths \| 1,050 sq.ft.	$146,900	Airbnb cash on cash: N/A Traditional cash on cash: 7% Airbnb Rental Income: $null Traditional Rental Income: $1352 Airbnb ROI: N/A Traditional ROI: 7%
426 N State Street Alma , MI Prime 5-Unit Multi-Family Property Near Downtown Alma!! Looking for a great investment op...	N/A beds \| N/A baths \| 2,800 sq.ft.	$169,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.74% Airbnb Rental Income: $null Traditional Rental Income: $1760 Airbnb ROI: N/A Traditional ROI: 6.74%
147 Valley Avenue Alma , MI Cute 2-bedroom house in Alma! This home is well-maintained and all on one level! The layou...	2 beds \| 1 baths \| 718 sq.ft.	$114,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.97% Airbnb Rental Income: $null Traditional Rental Income: $1322 Airbnb ROI: N/A Traditional ROI: 8.97%
1113 Euclid Avenue Alma , MI Updated agent comment. Welcome to a rare opportunity in the heart of Alma! Nestled in a ...	3 beds \| 2 baths \| 1,100 sq.ft.	$160,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.51% Airbnb Rental Income: $null Traditional Rental Income: $1849 Airbnb ROI: N/A Traditional ROI: 8.51%

Your search for investment property begins and ends here

Multi Family for Sale in Alma, MI

130 Grafton Avenue

Alma, MI

3 beds | 2 baths | 1,475 sq.ft.

$125,000

Airbnb cash on cash: N/A

Traditional cash on cash: 11.78%

Airbnb Rental Income: $null

Traditional Rental Income: $1800

Airbnb ROI: N/A

Traditional ROI: 11.78%

421 Prospect Avenue

Alma, MI

5 beds | 4 baths | 3,900 sq.ft.

$189,900

Airbnb cash on cash: N/A

Traditional cash on cash: 10.43%

Airbnb Rental Income: $null

Traditional Rental Income: $2473

Airbnb ROI: N/A

Traditional ROI: 10.43%

256 Ely Street

Alma, MI

5 beds | 3 baths | 2,080 sq.ft.

$119,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.34%

Airbnb Rental Income: $null

Traditional Rental Income: $760

Airbnb ROI: N/A

Traditional ROI: 3.34%

126 Holiday

Alma, MI

4 beds | 2 baths | 1,320 sq.ft.

$87,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.88%

Airbnb Rental Income: $null

Traditional Rental Income: $760

Airbnb ROI: N/A

Traditional ROI: 4.88%

Other Investment Properties for Sale in Alma

Alma , MI

3 beds | 2 baths | 1,400 sq.ft.

$168,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.26%

Airbnb Rental Income: $null

Traditional Rental Income: $1561

Airbnb ROI: N/A

Traditional ROI: 7.26%

Alma , MI

5 beds | 2 baths | 1,948 sq.ft.

$180,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.43%

Airbnb Rental Income: $null

Traditional Rental Income: $850

Airbnb ROI: N/A

Traditional ROI: 2.43%

Alma , MI

2 beds | 1 baths | 806 sq.ft.

$129,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.03%

Airbnb Rental Income: $null

Traditional Rental Income: $1437

Airbnb ROI: N/A

Traditional ROI: 9.03%

Alma , MI

4 beds | 2 baths | 2,149 sq.ft.

$238,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.43%

Airbnb Rental Income: $null

Traditional Rental Income: $1800

Airbnb ROI: N/A

Traditional ROI: 5.43%

Alma , MI

3 beds | 3 baths | 2,200 sq.ft.