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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!

Highlights

  • Residential
  • Single Family Residence
  • Built in 1920
  • 0.62 Acre Lot
  • 55 days on Market

  • Bedrooms
    3
  • Bathrooms
    1
  • Year Built
    1920
  • Stories
    2.0
  • Construction Materials
    Wood Siding, Frame
  • Foundation
    Stone
  • Parking Features
    Gravel, None
  • Living Area
    1270.0
  • Interior Features
    High Speed Internet, Ceiling Fan(s)
  • Appliances
    Refrigerator
  • Patio And Porch
    Deck, Porch
  • Heating
    Forced Air, Natural Gas
  • Basement
    Unfinished, Interior Entry

  • Acres
    0.62
  • Lot Features
    Rolling Slope, Subdivided
  • Water Front Features
    River Front
  • View
    Water
  • Utilities
    Cable Connected
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of 321 Ely St?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 321 Ely St.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 321 Ely St?

Click Ask a Question to talk with our team. You already know it is a 3 bed, 1 bath, listed for $90,000. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Alma, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 321 Ely St?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 321 Ely St at around $618. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 321 Ely St?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Gratiot County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 321 Ely St?

In most cases, yes. Whether 321 Ely St is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Alma's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 321 Ely St?

We can handle that for you. Our preferred local agent specializes in residentials in Alma and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $90,000 with 1,270 sqft of space—that comes out to approximately $71 per square foot.

How long has this property been on the market?

321 Ely St was listed on September 12, 2026, which means it's been on the market for 55 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1920, making it approximately 106 years old.

What is the lot size of this property?

321 Ely St sits on a 0.62-acre lot, which is 27,007 square feet.

What are the property taxes for 321 Ely St?

The most recent public record shows annual property taxes for 321 Ely St were approximately $1,556. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 321 Ely St still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright © 2026 Northern Great Lakes REALTORS® MLS. All Rights Reserved.