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Triplex with Three One-Bedroom Units
For Sale
$190,000

625 Oak Street, Paw Paw, MI 49079

MULTI_FAMILY - Paw Paw, MI

Property SizeContact for details
Lot Size0.26 Acres
Days on Market10

Property Features for 625 Oak Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 2
Full bathrooms 3
Rooms Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 3, Basement
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 3 Last Checked: Aug 7 at 6:06AM
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 triplex features three one-bedroom, one-bathroom units, each currently occupied by long-term tenants. The property includes a basement and driveway parking. Construction materials include shingle siding and wood siding, and the building is heated with forced air.

Located at 625 Oak Street in Paw Paw, Michigan (Van Buren County), the property is described as being convenient to downtown, shopping, restaurants, schools, and the bus line.

Built in 1930, this is a low-maintenance multi-family structure designed for investors or owner-occupants seeking an income-producing residential property with established tenancy.

Key Highlights

  • Three occupied one‑bedroom, one‑bath units in a single triplex
  • 0.26‑acre lot
  • Forced‑air heating

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

603
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
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Frequently Asked Questions

What type of property is this?
Triplex - Triplex on 0.26 acres with three occupied one-bedroom, one-bath units and forced-air heating.
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 $190,000.
What are key features of this property?
This property features: Three occupied one‑bedroom, one‑bath units in a single triplex; 0.26‑acre lot; Forced‑air heating
More about this property
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