$179,900
$10K PRICE DROP

421 Prospect Ave Alma, MI 48801

Estimated payment $1,223/month

Total Views 6,752
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Corner Lot: Yes
  • Forced Air Heating System
  • 2-minute walk to Alma Dam
  • Window Unit Cooling System
  • 3 Car Garage

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: 11/03/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,400

Year Built

  • Built in 1917

Lot Details

  • 8,276 Sq Ft Lot
  • Corner Lot: Yes

Home Design

  • Composition Roof
  • Aluminum Siding
  • Vinyl Siding

Basement

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

Parking

  • 3 Car Garage
  • Driveway

Utilities

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

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,400

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1917
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 0
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: residential
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Corner Lot: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Laundry Features In Basement: Yes
  • Sewer None2: Yes
  • Water None6: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Cable Available: Yes
  • Remarks Misc: Public Remarks: 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
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding
  • List Price: 179900.0
  • Lot Features: Corner Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0
  • Extras:Garages: Yes

Utilities

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

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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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
2022 $292 $85,200 $0 $0
2021 $292 $79,300 $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
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