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Two-Unit Duplex with Long-Term Tenants
For Sale
$150,000

302 N Van Buren Street, Paw Paw, MI 49079

MULTI_FAMILY - Paw Paw, MI

Property SizeContact for details
Lot Size0.31 Acres
Days on Market10

Property Features for 302 N Van Buren Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 1
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 2, Bedroom 3, Bedroom 1, Basement, Laundry Room, Bathroom 1, Bathroom 2, Bathroom 3
Parking 4
Lot features Corner Lot
Elementary school district Paw Paw
Middle school district Paw Paw
High school district Paw Paw
Standard status Active
APN 80-47-149-001-01
Lot size 0.31 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 1172 12-3-14 840-871 881-823 973-138 1653-387 1737-722 1754-518 *** LOTS 1 & 4. EX BEG AT SE COR OF SD LOT 4, TH N ALG E L OF SD LOT 66', TH W PAR WITH S L OF SD LOT 51', TH SLY 66' TO A PT ON THE S L OF SD LOT 51.5' W OF BEG, TH E ALG S L OF SD LOT TO BEG. BLOCK 49 VILLAGE OF PAW PAW, ORIGINAL PLAT SPLIT FROM: 80-47-149-001-00.
Tax Annual Amount 5096
Legal Description 1172 12-3-14 840-871 881-823 973-138 1653-387 1737-722 1754-518 *** LOTS 1 & 4. EX BEG AT SE COR OF SD LOT 4, TH N ALG E L OF SD LOT 66', TH W PAR WITH S L OF SD LOT 51', TH SLY 66' TO A PT ON THE S L OF SD LOT 51.5' W OF BEG, TH E ALG S L OF SD LOT TO BEG. BLOCK 49 VILLAGE OF PAW PAW, ORIGINAL PLAT SPLIT FROM: 80-47-149-001-00.

Utilities

Heating system Forced Air

Building Details

Year built 1920
Number of units 2
Building materials Vinyl Siding, Wood Siding
Roof type Composition
Listing Agency: Kalamazoo Realty
Listed By: Ryan C Rarick · License #6504431378
Added: Jul 29 Changed: Aug 3 Last Checked: Aug 7 at 8:06AM
MLS# 26039189

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.

Built in 1920, this duplex includes one two-bedroom, one-and-a-half-bath residence and a second one-bedroom, one-bath residence. The property has vinyl and wood siding, forced-air heating, a composition roof, laundry space, and a basement. Long-term tenants are already occupying both units.

The 0.31-acre property is located at 302 N Van Buren Street in Paw Paw, near downtown, shopping, restaurants, schools, and bus service. Its two-unit format and varied floor plans provide a straightforward residential income configuration, while the lot includes additional outdoor area beyond the existing improvements.

Key Highlights

  • Two‑unit duplex with one 2‑bedroom, 1.5‑bath unit and one 1‑bedroom, 1‑bath unit
  • Long‑term tenants in place across both residences
  • 0.31‑acre lot at 302 N Van Buren Street, Paw Paw, MI 49079

Property Analytics

Current Use

Duplexes

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

Multi-tenant
Tenancy

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
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Frequently Asked Questions

What type of property is this?
Duplex - Long-term occupants are in place across two distinct units with different bedroom and bath configurations.
Where is this duplex located?
The property is located at 302 N Van Buren Street Paw Paw, MI.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Two‑unit duplex with one 2‑bedroom, 1.5‑bath unit and one 1‑bedroom, 1‑bath unit; Long‑term tenants in place across both residences; 0.31‑acre lot at 302 N Van Buren Street, Paw Paw, MI 49079
More about this property
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