625 Oak Street, Paw Paw, MI 49079 (MLS# 26039171)

625 Oak Street, Paw Paw, MI 49079

New Listing

$190,000

Property Type: Multi Family Lot Size (sq. ft.): 11,476 Status: Active

Current Price: $190,000 List Date: 7/29/2026 Last Modified: 7/29/2026

Overview

Description

Fantastic investment opportunity in the heart of Paw Paw! This well-maintained triplex features three 1-bedroom, 1-bathroom units, each occupied by long-term tenants, providing immediate and consistent rental income. Conveniently located just minutes from downtown, shopping, restaurants, schools, and the bus line, this property offers excellent accessibility and strong tenant appeal. Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this low-maintenance multi-family is a great opportunity. Don't miss your chance to own a cash-flowing property in a desirable location with stable rental history.

Listing Details MLS# 26039171

Location Property Info

County: Van Buren
Street #: 625
Street Name: Oak
Suffix: Street
State: MI
Zip Code: 49079

General Property Info

Lot Measurement: Acres
Lot Square Footage: 11476
Lot Acres: 0.26
Lot Dimensions: irregular 123 x 134
Year Built: 1930
New Construction: No
Financial Available: Yes
Road Frontage: 123
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: Yes
Total Parking Spaces: 3
Waterfront: No
School District: Paw Paw
Association YN: No
Basement: Yes

Tax Info

Tax ID #: 80-47-252-004-00
Taxable Value: 44863
SEV: 100200
For Tax Year: 2025
Seller's Annual Property Tax: 3246
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: No

Access Feat

Accessibility Features: No

Unit 1

Unit Description: First Floor
Occupied: Yes
Monthly Rent: 750
Bathrooms: Yes
Full Baths: Yes
Range Oven: Yes
Refrigerator: Yes

More Information

Unit 2

Unit Description: First Floor
Occupied: Yes
Monthly Rent: 500
Bathrooms: Yes
Full Baths: Yes
Range/Oven: Yes
Refrigerator: Yes

Unit 3

Unit Description: Upstairs
Occupied: Yes
Monthly Rent: 650
Bathrooms: Yes
Full Baths: Yes
Range/Oven: Yes
Refrigerator: Yes

Location & Property Info

Cross Streets: Oak and E Michigan
Property Sub-Type: 2 to 4 Units
Municipality: Paw Paw Vllg
Ownership Type: Private Owned

Office/Contract Info

Auction or For Sale: For Sale

Remarks & Misc

Public Remarks: Fantastic investment opportunity in the heart of Paw Paw! This well-maintained triplex features three 1-bedroom, 1-bathroom units, each occupied by long-term tenants, providing immediate and consistent rental income. Conveniently located just minutes from downtown, shopping, restaurants, schools, and the bus line, this property offers excellent accessibility and strong tenant appeal. Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this low-maintenance multi-family is a great opportunity. Don't miss your chance to own a cash-flowing property in a desirable location with stable rental history.
Legal: 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.

Lot Description

Corner Lot: Yes

Street Type

Paved: Yes

Util Avail at Street

High Speed Internet: Yes

Utilities Attached

Electricity Connected: Yes
Natural Gas Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Terms Available

Cash: Yes
Conventional: Yes

Mineral Rights

Unknown: Yes

Exterior Material

Shingle Siding: Yes
Wood Siding: Yes

Roofing

Other: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Air Conditioning

None: Yes

Tenant Pays

Electric: Yes
Gas: Yes

Driveway

Aggregate: Yes

Substructure

Michigan Basement: Yes

Extras

Sep Electric Meter: Yes
Sep Gas Meter: Yes

Owner Pays

Sewer: Yes
Trash Collection: Yes
Water: Yes

Possession

Close Of Escrow: Yes
Subject To Tenant Rights: Yes

Property Features

Exterior Material: Shingle Siding; Wood Siding Roofing: Other Substructure: Michigan Basement Lot Description: Corner Lot Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: High Speed Internet Extras: Sep Electric Meter; Sep Gas Meter Owner Pays: Sewer; Trash Collection; Water Tenant Pays: Electric; Gas Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: None Driveway: Aggregate Street Type: Paved Mineral Rights: Unknown Terms Available: Cash; Conventional Possession: Close Of Escrow; Subject To Tenant Rights Sale Conditions: None Unit 1: Range Oven; Refrigerator Unit 2: Range/Oven; Refrigerator Unit 3: Range/Oven; Refrigerator

Listing Office: Kalamazoo Realty

Listing Agent: Ryan C Rarick

Last Updated: July - 29 - 2026

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