321 Ely Street

Alma, MI
$ 100,000 Beds 3 Baths 1 Sq 1,270
Monthly Estimate* How much can I afford?

Welcome to your own little slice of waterfront living! This 3-bedroom, 1-bath home sits along the beautiful Pine River, offering peaceful views and a relaxing setting right outside your door. The home is currently livable but does need some TLC and updating, making it a great opportunity for someone looking to build equity and make a home their own. Whether you're searching for a year-round residence, weekend getaway, or investment property, there's plenty of potential here. Imagine enjoying your morning coffee overlooking the river, spending summer days by the water, and ending the evening listening to the river flow. With a little work and your personal touches, this could become an incredible waterfront retreat. Waterfront opportunities like this don't come along every day. Bring your ideas and make this Pine River property your own!

Active

  • Price
  • $ 100,000
  • City
  • Alma
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • GRATIOT
  • Half Bathrooms
  • 0
  • Area
  • Gratiot
  • Lot Size
  • 0.62 Acres
  • Zip
  • 48801
  • Sqr Footage
  • 1,270
  • Year Built
  • 1920
  • Taxes
  • $ 1556
  • Style
  • MLS#
  • 1950481
Listed By: Rachel Shoemaker at FIVE STAR REAL ESTATE - MT. PLEASANT - 616-791-1500
Data Source: Northern Great Lakes REALTORS® MLS (NGLRMLS)

Features

General

Sewer Public Sewer
Heating Forced Air,Natural Gas
Possession Close Of Escrow
Roof Asphalt
Appliances Refrigerator,Oven/Range
Association Fee Includes None
Patio/Porch Features Deck,Porch
Construction Materials Frame,Wood Siding
Pets Allowed false
Year Built 1920
View Water
Stories Count 2
Township City of Alma
Levels Two
Property Subtype Single Family Residence
Waterfront Features River
Community Features None
Accessibility None
Assoc Fee Paid Per Annually
County Gratiot
New Construction No
Property Type Residential
Attached Garage No
Subdivision Name NA
Garage Y/N No
Other Structures None
Full Baths 1
Status Active
Directions Superior to State South to Ely. East. One house past the tracks on the north side
City Alma
High School District Alma Public Schools
Zoning Description Residential
Lot Size Units Acres
Lot Size Square Feet 27007.2
Carport Y/N No
Tax Annual Amount 1556.08
Home Warranty Y/N No
Property Condition Fixer
Lease Renewal Y/N No
Lease Considered Y/N No
Primary Bedroom Level Main
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Alma Public Schools
Elementary School District Alma Public Schools
Tax Assessed Value 25005
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description ORIGINAL TOWN. COM AT SW COR OF BLK 39,N TO PINE RIVER SW'LY ALONG SAID R/W TO ELY ST.,TH E TO BEG,BEING PART OF LOT 6,BLK 38 AND PINE AVE S OF PINE RIVER. 321 ELY ST SUBJECT TO RIVERWALK EASEMENT
Freehold VOW,BBO,IDX

Interior Features

Interior Amenities Formal Dining Room,Ceiling Fan(s),High Speed Internet,Cable TV,WiFi
Basement Michigan Basement,Unfinished,Interior Entry
Fireplace Features None
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 1270
Laundry Features Main Level
Total Bedrooms 3
Living Room Level Main
Main Level Bedrooms 1
Main Level Bathrooms 1
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 1
Primary Bathroom Features Shared
Kitchen Area 101.75
Kitchen Length 18.5
Kitchen Width 5.5
Primary on Main 130
Second Bedroom Length 10
Second Bedroom Width 13
Bedroom 3 Area 273
Bedroom 3 Length 21
Bedroom 3 Width 13
Dining Room Area 9
Dining Room Width 13
Living Room Area 149.5
Living Room Length 11.5
Living Room Width 13
Primary Bedroom Area 120
Primary Bedroom Length 12
Primary Bedroom Width 10
Dining Room Area 117
Bedroom 3 Level Upper
Second Bedroom Level Upper

Exterior Features

Parking Features Gravel,None
Lot Features Rolling Slope,Subdivided
Water Source Public
Lot Size Area 0.62
Foundation Details Stone
Number of Buildings 1
Spa No
Lot Dimensions 164x164
Lot Size Acres 0.62
Road Surface Type Asphalt
Waterfront Y/N No
Other Equipment Dish TV
Road Responsibility Public Maintained Road
Horse Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Mount Pleasant, MI office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/12/2026 Listed $100,000

Property vs Zip Code Average in 48801

Price
AVG $230K
$100K
Taxes
AVG $2,842
$1,556
Year Built
AVG 1954
1920
Visits
AVG 35
11
Data Provided by Inside Real Estate®

321 Ely Street Alma, MI is a Single Family Home for sale at $100000 with 1270 sqft and a lot size of 0.62 Acres Acre(s). 321 Ely Street Alma has 3 bedrooms, 1 baths and was built in 1920. The property's zip code is 48801 which is in Alma, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.