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Triplex with Basement
For Sale
$185,000

625 Oak Street, Paw Paw, MI 49079

Multi Family, Paw Paw, MI

Property SizeContact for details
Lot Size0.26 Acres
Days on Market37

Property Features for 625 Oak Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 2
Full bathrooms 3
Rooms Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 3, Basement, Bathroom 1, Bedroom 1
Parking 3
Parking features Driveway
Lot features Corner Lot
Elementary school district Paw Paw
Middle school district Paw Paw
High school district Paw Paw
Standard status Active
APN 80-47-252-004-00
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 1273 3-14 591-765 1707-454 1707-817 1737-722 *** LOT 4, ALSO COM 4 R 10 FT W'LY ON ST FROM SE COR BLK 2 TH N'LY PAR WITH DYCKMAN ST TO N L LOT 5 W'LY TO NW COR LOT 5 S'LY ON W L TO ST E'LY ON ST TO BEG, BEING A PT 1273 OF LOT 5 BLK 2 DYCKMAN & WOODMAN'S ADDITION.
Tax Annual Amount 3246
Legal Description 1273 3-14 591-765 1707-454 1707-817 1737-722 *** LOT 4, ALSO COM 4 R 10 FT W'LY ON ST FROM SE COR BLK 2 TH N'LY PAR WITH DYCKMAN ST TO N L LOT 5 W'LY TO NW COR LOT 5 S'LY ON W L TO ST E'LY ON ST TO BEG, BEING A PT 1273 OF LOT 5 BLK 2 DYCKMAN & WOODMAN'S ADDITION.

Utilities

Heating system Forced Air

Building Details

Year built 1930
Number of units 3
Building materials Shingle Siding, Wood Siding
Listing Agency: Kalamazoo Realty
Listed By: Ryan C Rarick · License #6504431378
Added: Jul 29 Changed: Aug 27 Last Checked: Sep 3 at 2:06AM
MLS# 26039171

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 1930 triplex contains three residential units, each configured with one bedroom and one bathroom. All units are occupied by long-term tenants. The property includes a basement, forced-air heating, driveway parking, and a combination of shingle and wood siding. Set on 0.26 acres, the building provides a compact multifamily configuration suited to residential income ownership.

The property is located at 625 Oak Street in Paw Paw, Michigan, near downtown, shopping, restaurants, schools, and the bus line. Its in-town setting places everyday services and public transportation within the surrounding area. The three-unit layout and existing tenancy provide a straightforward operating structure for an owner seeking a small multifamily asset.

Key Highlights

  • Three‑unit triplex with three 1‑bedroom, 1‑bathroom units
  • All three units are occupied by long‑term tenants
  • 0.26‑acre lot at 625 Oak Street, Paw Paw, MI 49079

Property Analytics

Current Use

Triplexes

Suggested Use

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

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

423
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
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Frequently Asked Questions

What type of property is this?
Triplex - Three occupied apartments offer established tenancy, forced-air heating, and driveway parking in Paw Paw.
Where is this triplex located?
The property is located at 625 Oak Street Paw Paw, MI.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Three‑unit triplex with three 1‑bedroom, 1‑bathroom units; All three units are occupied by long‑term tenants; 0.26‑acre lot at 625 Oak Street, Paw Paw, MI 49079
More about this property
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