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Residential Income Property with Barn
For Sale
$847,000

5568 Paw Paw Lake Road, Coloma, MI 49038

Two 2023-rebuilt homes plus a newly constructed barn on 1.32 acres, sold furnished (with minimal exclusions).

Property Size525 SF
Lot Size1.32 Acres
Price / SF$1,613
Days on Market393

Property Features for 5568 Paw Paw Lake Road

General Information

Standard status Active
Size 525 SF
Lot size 1.32 Acres
Property subtype Multi Family / 2 to 4 Units

Additional Details

Furnished Yes

Amenities

barn

Building Details

Year Built 1940
Year Renovated 2023
Listing Agency: WRE Sales LLC
Listed By: Gina Johnston-Small · License #6501428177
Source: Compass
Added: Jul 5, 2025 Changed: Jul 22 Last Checked: Jul 31 at 12:14PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WRE Sales LLC

Investment Insights

Based on property information with market context.

This property features two fully rebuilt homes completed in 2023, with each home offering an open-concept layout, two bedrooms, and one bathroom, along with modern designer finishes. A newly constructed grand barn serves as the centerpiece of the compound, providing substantial gathering or creative space in addition to the two residences. The sale includes furnishings (with minimal exclusions).

The homes and barn are situated on 1.32 acres near a public lake. Each structure is equipped with a brand-new well, septic, and water treatment system.

Key Highlights

  • Two fully rebuilt homes (2023), each with 2 bedrooms and 1 bath, designed with open‑concept layouts
  • Newly constructed barn on 1.32 acres, providing additional space for hosting or creative use
  • Sold furnished with minimal exclusions

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Hair Salon Auto Parts Store Building Supply Big Box & Wholesale Store Auto Repair Shop

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

Location Intelligence

Trade Area within ½ mile

293
Businesses Nearby

Demographics for 49038, MI

8,979
Population
5,124
Households
1.8
Avg Household Size
45
Median Age
21%
College-Educated
92%
High-School Grad
39.0 sq mi
ZIP Area
230
Density / Sq Mi
$60,396
Median Household Income
$41,663
Median Earnings
$944
Median Rent
$196,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two 2023-rebuilt homes plus a newly constructed barn on 1.32 acres, sold furnished (with minimal exclusions).
Where is this duplex located?
The property is located at 5568 Paw Paw Lake Road Coloma, MI.
What is the asking price?
The asking price for this property is $847,000.
What are key features of this property?
This property features: Two fully rebuilt homes (2023), each with 2 bedrooms and 1 bath, designed with open‑concept layouts; Newly constructed barn on 1.32 acres, providing additional space for hosting or creative use; Sold furnished with minimal exclusions
More about this property
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