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About This Home

This 3-bedroom, 1-bathroom single family at 516 Yale Avenue in Alma, MI is listed for $170,000 ($160 per sqft). Built in 1956, the home offers 1,060 sqft of living space on a 0.16 acres lot.

Agent Description

Charming ranch home in a highly desirable location just one block from Alma College! This 3-bedroom, 1-bath home offers a perfect blend of character, updates, and convenience—ideal for homeowners or investors alike. Recent updates include brand new appliances, a new central A/C unit, and a larger water heater—providing peace of mind and modern comfort.

Inside, you’ll love the beautiful hardwood floors and functional layout. The attached garage with direct interior access adds everyday convenience. The full basement offers excellent storage and future potential for additional finished living space. Added bonus: transferable basement waterproofing warranties provide extra value and confidence.

Situated in a strong resale area within walking distance to campus, parks, and amenities, this property is a fantastic opportunity whether you’re looking for a primary residence, rental, or college-area investment. Homes in this location don’t last!

Key Features

  • Built in 1956
  • 0.16 acre lot

Property Details

1 full
1956

Amenities

Basement

Monthly Cost Estimate

$909/mo

20% down · 6.5% · 30 years

Principal$123
Interest$737
Insurance$50

Estimates only. Actual payments may vary.

Location

516 Yale Avenue

Alma, MI 48801

Features & Amenities

Interior Features

Built-in Bookcase

Exterior Features

VinylOut Building

Property Details

Heating

Forced Air

Appliances

DryerFreezerMicrowaveRangeRefrigerator

Questions & Answers

This 3-bedroom, 1-bathroom single family at 516 Yale Avenue is listed at $170,000 ($160/sqft). The estimated monthly payment is $737 based on 20% down at 6.5% interest.

Key features include: Built in 1956, 0.16 acre lot. Interior Features: Built-in Bookcase. Exterior Features: Vinyl, Out Building.

This property is listed by Dave Feger and can be reached at 9899653075 or dfeger17@gmail.com.

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DF

Dave Feger

Agent at EXP REALTY LLC

(989) 965-3075

Listed by EXP REALTY LLC · View on Broker Site

MLS# 1943247· Source: listhub· Updated 15 days ago

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

516 Yale Avenue, Alma, MI 48801

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