$169,900
PENDING $20K PRICE DROP

421 Prospect Ave Alma, MI 48801

Estimated payment $1,155/month

Total Views 3,266
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Corner Lot
  • Forced Air Heating System
  • 2-minute walk to Alma Dam
  • Cooling Available

About This Home

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

Listing Agent

Shane Vansyckle

Properties With Bobbi LLC License #6501457412 Listed on: 01/23/2026

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,400

Year Built

  • Built in 1917

Lot Details

  • 8,276 Sq Ft Lot
  • Corner Lot

Home Design

  • Composition Roof
  • Aluminum Siding
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 3 Parking Spaces
  • Driveway

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Natural Gas Connected
  • Water Not Available
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for water

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,400

Year Built

Built in 1917

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1917
  • General Property Info:Basement: Yes
  • Waterfront Options:Water Access YN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding
  • List Price: 169900.0
  • Lot Features: Corner Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Basement
  • Utilities: Natural Gas Connected, Cable Available
  • Water Source: None

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Dimensions: 0
  • Lot Size Sq Ft: 8276.0
  • Zoning Description: residential

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 3400.0
  • Tax Year: 2025

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,026 $103,700 $0 $0
2024 $4,026 $95,100 $0 $0
2023 $292 $83,800 $0 $0
2020 $292 $75,700 $0 $0
2019 -- $63,100 $0 $0
2018 -- $59,900 $0 $0
2017 -- $60,900 $0 $0
2016 -- $52,500 $0 $0
2015 -- $50,300 $0 $0
2014 -- $51,900 $0 $0
2013 -- $51,200 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/10/2026 02/10/26 Pending -- -- --
01/23/2026 01/23/26 Price Changed $169,900 0.0% --
01/23/2026 01/23/26 For Sale $169,900 -5.6% --
01/13/2026 01/13/26 Pending -- -- --
11/30/2025 11/30/25 Price Changed $179,900 -5.3% --
11/03/2025 11/03/25 For Sale $189,900 +26.6% --
09/30/2024 09/30/24 Sold $150,000 -11.8% $51 / Sq Ft View Prior Sale
08/29/2024 08/29/24 Pending -- -- --
06/28/2024 06/28/24 For Sale $170,000 -- $58 / Sq Ft
Source: MichRIC

Purchase History

Date Type Sale Price Title Company
Warranty Deed $150,000 --
Warranty Deed $75,000 --
Warranty Deed $68,000 --
Source: Public Records

Source: MichRIC

MLS Number: 25056452

MichRIC

APN: 51-344-796-00

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