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Rebuilt Two-Home Duplex Property
For Sale
$847,000

5568 Paw Paw Lake Road, Coloma, MI 49038

Multi Family, Coloma, MI

Property SizeContact for details
Lot Size1.32 Acres
Days on Market352

Property Features for 5568 Paw Paw Lake Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description MF
Bedrooms 4
Full bathrooms 2
Rooms Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 4, Bathroom 1
Parking 20
Parking features Driveway
Lot features Level
Elementary school district Coloma
Middle school district Coloma
High school district Coloma
Directions Use GPS
Subdivision Southwestern Michigan - S
Standard status Active
APN 11-08-0015-0001-06-6
Lot size 1.32 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description PT OF SEC 15 T3S R17W COM AT NW COR OF LOT 28 SMITH'S PAW PAW LAKE SUB TH N TO A PT 627'S OF N LN OF SEC 15 TH E 275'TH S TO N LN LOT 33 SD PLAT TH W 275'TO BEG Five additional tax id's 11-08-7250-0030-01-4 1108-7250-003-10-02 11-08-7250-00300-06 11-08-7250-003-20-09 11-08-7250-003-30-05
Tax Annual Amount 4000
Legal Description PT OF SEC 15 T3S R17W COM AT NW COR OF LOT 28 SMITH'S PAW PAW LAKE SUB TH N TO A PT 627'S OF N LN OF SEC 15 TH E 275'TH S TO N LN LOT 33 SD PLAT TH W 275'TO BEG Five additional tax id's 11-08-7250-0030-01-4 1108-7250-003-10-02 11-08-7250-00300-06 11-08-7250-003-20-09 11-08-7250-003-30-05

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Ductless (Heating)
Cooling system Ductless
Water source Well
Water front features Lake
Water front 1

Amenities

barn

Building Details

Year built 1940
Number of units 2
Building materials Vinyl Siding
Roof type Composition
Listing Agency: WRE Sales LLC
Listed By: Gina Johnston-Small · License #6501428177
Added: Oct 8, 2025 Changed: Sep 16 Last Checked: Sep 24 at 7:06PM
MLS# 25051880

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 duplex property includes two homes rebuilt in 2023, each arranged with an open-concept living area, two bedrooms, one bathroom, and updated designer finishes. The improvements are furnished with minimal exclusions and include ductless heating and cooling, vinyl siding, composition roofing, and driveway parking. A separate barn adds substantial enclosed space for gatherings, hobbies, creative work, or collections.

The property encompasses 1.32 acres along Paw Paw Lake Road in Coloma, with lake waterfront features and proximity to a public lake. Each residence has its own well and water-treatment system according to the property information; sewer details are not characterized consistently, so they are not included here. Cable is available, and the offering supports multi-household living or residential income use as described.

Key Highlights

  • Two homes rebuilt in 2023, each with 2 bedrooms and 1 bathroom
  • 1.32‑acre property with lake waterfront features
  • Separate barn provides additional space for gatherings, hobbies, or collections

Property Analytics

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Current Use

Duplexes

Suggested Use

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

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

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

34
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Furnished residences with modern interiors and a separate barn occupy a 1.32-acre lake-area property.
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 homes rebuilt in 2023, each with 2 bedrooms and 1 bathroom; 1.32‑acre property with lake waterfront features; Separate barn provides additional space for gatherings, hobbies, or collections
More about this property
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