430 Bridge Ave, Alma, MI, 48801
About This Home
This home has been privately owned and not offered to the public for many years, presenting a truly unique opportunity. It offers a rare opportunity to secure a truly income-producing asset with multiple revenue streams. The main home features 4 bedrooms, 2 bathrooms, two full kitchens, first floor laundry and several additional rooms that can easily function as extra bedrooms or flexible living spaces. 1021 sq ft of basement provides valuable storage. A newer 1176 sq ft apartment has 2-bedroom, 2-bath and a large covered deck is ideal for premium rental income. Plus, the property also includes two single-room studio units, perfect for consistent, low-maintenance cash flow. There is also a 13 x 38 storage are/workshop. The location adds even more value: the property is less than two miles from a vibrant downtown district, the local hospital, and major shopping centers — all strong drivers of year-round tenant demand. A large concrete driveway offers ample parking for multiple vehicles, enhancing convenience for residents and visitors alike. Overall, this is a versatile, high-yield investment with strong rental potential. The seller is in the process of adjusting the concrete elevation to help prevent water intrusion in the basement. If the work is not completed prior to closing, the seller will escrow funds to cover the cost.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1944
Materials
- Foundation: Block
- Roof: Asphalt
- Construction materials: Frame,Aluminum Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Apartment
- Property subType: Single Family Residence,Apartment
Interior
Appliances
- Appliances included: Refrigerator,Oven/Range,Washer,Dryer,Cooktop
- Laundry features: Main Level
Bedroom2
- Level: Upper
- Area: 143.96
Bedroom3
- Level: Upper
- Area: 97.2
Bedroom4
- Level: Upper
- Area: 132
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 5
- Full bathrooms: 5
- Main level bathrooms: 2
- Main level bedrooms: 1
Dining Room
- Level: Main
- Area: 119.78
Features
- Walk-In Closet(s),Beamed Ceilings,In-Law Floorplan
- Flooring: Carpet,Vinyl,Tile
- Fireplace features: None
- Finished area below ground: 0
- Finished area above ground: 4,288
Heating
- Heating features: Forced Air,Natural Gas
Interior Area
- Total structure area: 4,288
- Total interior livable area: 4,288 sqft
Kitchen
- Level: Main
- Area: 126.5
Living Room
- Level: Main
- Area: 237.3
Master Bathroom
- Features: Private
Master Bedroom
- Level: Main
- Area: 120.36
Property
Accessibility
- Accessibility features: Hand Rails
Details
- Parcel number: 295135478100
- Zoning description: Residential
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Deck,Porch
- Exterior features: Balcony,Rain Gutters
- Waterfront features: None
Lot
- Lot size: 0.32 Acres
- Features: Level,Subdivided
- Lot size dimensions: 90 x 157
Parking
- Parking features: None,RV Access/Parking,Concrete
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Strong Wind
- Tornado
- Winter Weather
- Cold Wave
- Inland Flooding
- Hail
- Ice Storm
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters in Gratiot County and Michigan
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,542 | $18,504 |
| Home Insurance * | $252 | $3,024 |
| Property Taxes | $590 | $7,080 |
| Electricity | $467 | $5,612 |
| Total | $2,851 | $34,212 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-12-17 | Listed for sale | $305,000 |
| 2002-05-28 | Sold | $150,000 |
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