Sold
421 Prospect Avenue, Alma, MI 48801
Sold on 03/04/2026 for$165,000
MLS # 25056452 (Michigan Regional Information Center (MichRIC))
3 unitsBuilt 19170.19 acres
1 / 41
Listing Description
With life changes comes great opportunities. This amazing 3 unit that's generating almost 3,000 a month is on the market. With all 3 rented out month to month and when rating nice income. Amazing opportunity close to alma college, a block off of downtown, close to shopping, restaurants, and night life. With a two year old roof, remodeled bathroom, new paint, flooring, and many updates this is an investors dream. Or possibly live in one unit and rent the other two out. This has endless possibilities and location location location. Set up your showing today! Won't last long!!!! Laiting agent and self are related
Source: SparkMLS
About this home
Final sale price: $165,000.
Estimated annual property tax: $3,400, or about $283 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Fiber internet is available at this address with download speeds up to 7,000 Mbps across 13 providers. Electric service is provided by Consumers Energy Company.
Listing Property Details
Property TypeMulti Family
Property Subtype2 to 4 Units
Bathrooms0
Lot Size0.19 acres
Year Built1917
Location
CityAlma
MunicipalityAlma
Zip Code48801
CountyGratiot
School DistrictAlma
Construction & Systems
ConstructionAluminum Siding, Vinyl Siding
BasementFull
HeatingForced Air
WaterNone
SewerNone
UtilitiesCable Available, Natural Gas Connected
Sale & Financing
Listed1/22/2026
Sold Date3/3/2026
Original Price$189,900
Terms AcceptedVA Loan, Cash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$3,400
Tax Year2025
Assessed Value$103,700
Parcel #51-344-796-00
Source: SparkMLS
Legal Description
COM 27 RDS 6 FT W & 17 RDS 5 1/2 FT N OF SE COR OF SW 1/4 OF SW 1/4 OF SEC 34-12-3, TH W 81 FT N 55 FT E 10 FT N 55 FT 8 IN E 71 FT S 110 FT 8 IN TO BEG.
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Shane H Vansyckle
Properties With Bobbi LLC
Frequently Asked Questions about 421 Prospect Avenue, Alma, MI 48801
What school district is 421 Prospect Avenue, Alma, MI 48801 in?
Per MLS# 25056452, this property is served by Alma. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 25056452, the seller has indicated this property accepts the following financing types: VA Loan, Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 25056452, the most recent reported annual property tax for 421 Prospect Avenue, Alma, MI 48801 is $3,400 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 421 Prospect Avenue, Alma, MI 48801 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 421 Prospect Avenue, Alma, MI 48801 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Is fiber internet available at 421 Prospect Avenue, Alma, MI 48801?
Per FCC broadband data, this property has access to fiber internet service. The maximum advertised download speed is 7.0 Gbps. 13 internet providers serve this address. Confirm availability and speeds directly with providers.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Consumers Energy Company. Sewer: None. Water: None. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Alma police department or the Gratiot County sheriff's office.
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Mortgage Calculator
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Monthly payment$1,102
Principal & interest$1,102
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
7 Gbps
Upload
7 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteUnlicensed Fixed WirelessFixed WirelessSatellite
13 providers at this address
FrontierFiber
7 Gbps1 Gbps
SpectrumCable
1 GbpsWinn Telephone CompanyFiber
1 GbpsVerizonLicensed Fixed Wireless
300 MbpsStarlinkGSO Satellite
280 MbpsCMS InternetUnlicensed Fixed Wireless
200 MbpsISP Managemen IncFixed Wireless
100 MbpsViasat IncSatellite
100 MbpsHughesNetSatellite
50 Mbps+ 3 more
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
421 Prospect Avenue, Alma, MI 48801
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Municipality
Alma
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