Search
Five-Unit Apartment Building
For Sale
$360,000

621 Oak Street, Paw Paw, MI 49079

MULTI_FAMILY - Paw Paw, MI

Property SizeContact for details
Lot Size0.16 Acres
Days on Market8

Property Features for 621 Oak Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 6
Full bathrooms 5
Rooms Bathroom 1, Basement, Bathroom 3, Bathroom 5, Bedroom 6, Bathroom 2, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 4, Bathroom 6, Bedroom 7, Bedroom 4, Bedroom 5
Parking 7
Parking features Paved or Surfaced
Basement Full
Accessibility Accessible Approach with Ramp
Elementary school Paw Paw Early Elementary School
Middle school Paw Paw Middle School
High school Paw Paw High School
Elementary school district Paw Paw
Middle school district Paw Paw
High school district Paw Paw
Standard status Active
APN 80-47-252-001-00 & 80-47-148-008-00
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 1270 12-3-14 765-587 856-222 1522-554 1579-786 1613-221 1650-259 *** LOT 1. BLOCK 2 DYCKMAN & WOODMAN'S ADDITION. and 1170 12-3-14 765-587 856-222 1522-554 1579-786 1613-221 1650-259 * THAT PART OF FOLL DESC LYING S OF N L OF LOT 8; BEG AT SE COR OF LOT 8, TH W 30', TH NLY TO A POINT ON N L OF LOT 7 15' W OF NE COR OF SAID LOT 7, TH E 15' TO SAID NE COR OF LOT 7, TH SLY TO BEG. BLOCK 48 ORIGINAL P
Tax Annual Amount 4406
Legal Description 1270 12-3-14 765-587 856-222 1522-554 1579-786 1613-221 1650-259 *** LOT 1. BLOCK 2 DYCKMAN & WOODMAN'S ADDITION. and 1170 12-3-14 765-587 856-222 1522-554 1579-786 1613-221 1650-259 * THAT PART OF FOLL DESC LYING S OF N L OF LOT 8; BEG AT SE COR OF LOT 8, TH W 30', TH NLY TO A POINT ON N L OF LOT 7 15' W OF NE COR OF SAID LOT 7, TH E 15' TO SAID NE COR OF LOT 7, TH SLY TO BEG. BLOCK 48 ORIGINAL P

Utilities

Utilities Electricity Available
Heating system Radiant
Cooling system Wall Unit(s)

Amenities

ramped entrance
community laundry center
wall AC units
fully equipped kitchen

Building Details

Year built 1909
Number of units 5
Building materials Vinyl Siding
Roof type Metal
Listing Agency: Five Star Real Estate
Listed By: Colleen Mencl
Added: Aug 14 Last Checked: Aug 21 at 3:06AM
MLS# 26042712

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This five-unit apartment property includes two two-bedroom residences, two one-bedroom residences, and one studio with a private entrance. Each unit has a full bathroom and kitchen, while air conditioning is provided by wall-mounted units. The property also includes shared laundry facilities and an entrance ramp. Unit-specific features include a roll-in or walk-in shower in one two-bedroom apartment and tub-shower combinations in others.

Built in 1909, the building has vinyl siding, a metal roof, radiant heat, paved parking, and electricity available. The property occupies 0.16 acres at 621 Oak Street in downtown Paw Paw, Michigan. Its layouts provide a mix of apartment configurations within a single multifamily building.

Key Highlights

  • Five apartments: two 2‑bedroom units, two 1‑bedroom units, and one studio
  • 0.16‑acre multifamily property at 621 Oak Street in downtown Paw Paw
  • Shared laundry facilities and fully equipped kitchens in each apartment

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) Store Garden Center Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

454
Businesses Nearby

Demographics for 49079, MI

13,766
Population
6,019
Households
2.3
Avg Household Size
42
Median Age
25%
College-Educated
93%
High-School Grad
83.4 sq mi
ZIP Area
165
Density / Sq Mi
$72,119
Median Household Income
$41,376
Median Earnings
$841
Median Rent
$214,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Downtown property offers varied layouts, ramp access, shared laundry, kitchens, and wall-mounted air conditioning.
Where is this apartment building located?
The property is located at 621 Oak Street Paw Paw, MI.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Five apartments: two 2‑bedroom units, two 1‑bedroom units, and one studio; 0.16‑acre multifamily property at 621 Oak Street in downtown Paw Paw; Shared laundry facilities and fully equipped kitchens in each apartment
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message