For sale

$375,000

Est. $2,981/mo —

—

•

— ba

•

741

sq ft

5705 N State Rd, Alma, MI 48801

About this home

This 3.45-acre mixed-use property offers a unique investment opportunity with both steady residential and commercial rental income. It features four fully-rented apartment units, with a fifth unit nearing completion, as well as a newer 400-foot, 5-inch well. The property also includes a commercial building with store frontage, office space, and a special-purpose 80x40 barn, built in 2011. Currently, a dog grooming business rents the commercial space on a month-to-month basis. Additionally, there is a 40x80 pole building, offering future potential for business expansion or storage use. Conveniently located just off US-127, the property provides a prime location for business opportunities while maintaining consistent rental income from the residential units and commercial tenant. With a mix of residential and commercial space, along with room for further development, this property presents an excellent opportunity for investors looking for versatility and steady returns.

Multi-familyProperty Type

1970Year Built

3.45 acresLot Size

$506Price/Sq.Ft.

Listed by Cody Nevins • AMERICA'S CHOICE REALTY LLC

•989-875-5148 (broker)

Listing updated: May 23, 2026 at 05:04pm

Redfin checked: a minute ago

•Source:MiRealSource-MiMLS #80017526

Payment calculator

$2,981 per month

Principal and interest$1,946

Property taxes

$907

HOA dues

Home insurance

$128

Utilities

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Around this home

Schools

K - 12
Preschool & daycare

Hillcrest Elementary School

Public 1-3 • Assigned • 2.5mi

5/10

Donald L. Pavlik Middle School

Public 6-8 • Assigned • 2.7mi

6/10

Alma Senior High School

Public 9-12 • Assigned • 2.6mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Market insights

5705 N State Rd · $375,000

DAYS ON MARKET

The average home goes pending in 57 days.

SALE-TO-LIST

Most homes are selling 7% below list price.

LIST PRICE

Median list price in this area is $147,506. (61% lower than this home)

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Range/Oven
Refrigerator

Kitchen
Range/Oven
Refrigerator

Heating & cooling
Wall heat
Forced air heating
Wall/Window A/C

Sale and tax history for 5705 N State Rd

Sale History
Tax History

Date

Event

Price

MiRealSource-MiMLS #80017526

May 20, 2026

Price Changed

$375,000

$506/sq ft

Apr 2, 2026

Price Changed

$440,000

$594/sq ft

Mar 26, 2025

Price Changed

$499,000

$673/sq ft

Jan 22, 2025

Price Changed

$575,000

$776/sq ft

Jul 9, 2024

Price Changed

$645,000

$870/sq ft

May 13, 2024

Listed

$675,000

$911/sq ft

REALCOMP #79080017526

May 20, 2026

Price Changed

$375,000

$506/sq ft

Apr 2, 2026

Price Changed

$440,000

$594/sq ft

Mar 26, 2025

Price Changed

$499,000

$673/sq ft

May 13, 2024

Listed

$575,000

$776/sq ft

+34

MiRealSource-MiMLS #1

Mar 26, 2025

Price Changed

$499,000

$673/sq ft

Jan 23, 2025

Price Changed

$575,000

$776/sq ft

Jul 9, 2024

Price Changed

$645,000

$870/sq ft

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

—

Style

Multi-Family (2-4 Unit)

County

Gratiot County

APN

29-01-001-012-01

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on May 13, 2024.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 98° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Alma, MI • 48801

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

81/ 100

Very good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.4 hrs

4.5 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 5705 N State Rd

$364,916

$10K under list price of $375K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $152K to $780K.

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— beds— baths1,150 sq ft
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5550 Paxton Rd, Saint Johns, MI 48879
$326/sq ft
smaller lot
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$780,000 Last sold price
3 beds2.5 baths3,343 sq ft
3575 W Maple Rapids Rd, Saint Johns, MI 48879
$273/sq ft
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SOLD APR 14, 2026
$162,000 Last sold price
— beds— baths855 sq ft
303 Elizabeth St Lot : 19,20, Alma, MI 48801
$317/sq ft
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