Active

$360,000

621 Oak St, Paw Paw, MI 49079

7beds

5baths

--sqft

$2,585/mo

Get pre-qualified

5+ Units

Built in 1909

-- sqft lot

$342,200 Zestimate^®

$--/sqft

$-- HOA

What's special

Ramped entranceNice layoutFull sized bathroomsWall ac unitsFully equipped kitchen

Great investment opportunity right downtown Paw Paw. This apartment features a ramped entrance, a community laundry center and 5 spacious units ranging from 1 to 2 bedrooms with full sized bathrooms. Unit 1 offers 2 bedrooms, 1 bathrooms, and a walk in or roll in shower. Unit 2 includes two bedrooms, 1 bathrooms, and a shower/tub combo. Unit 3 and 4 are one bedroom, one bathroom with a shower/tub combo, and unit 5 has a separate entrance with a studio layout and full bathroom. Each unit has a nice layout, wall AC units, and a fully equipped kitchen to comfortably accommodate multiple residents. With high rental demand and an ideal location near town, this property delivers immediate income potential for investors. Do not miss your chance to acquire a turnkey multi family asset in Paw Paw!

22 days
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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 5

Heating

Radiant

Cooling

Wall Unit(s)

Appliances

Laundry: Common Area

Features

Basement: Full

Property

Parking

Total spaces: 7
Parking features: Unpaved

Accessibility

Accessibility features: 36 Inch Entrance Doo, 36' or + Hallway, Covered Entrance, Grab Bar Mn Flr Bath, Low Threshold Shower, No Step Entrance, Accessible Approach with Ramp

Lot

Size: 6,969 Square Feet

Details

Parcel number: 804725200100 & 804714800800

Construction

Type & style

Home type: MultiFamily
Property subtype: 5+ Units

Materials

Vinyl Siding
Roof: Metal

Condition

New construction: No
Year built: 1909

Utilities & green energy

Utilities for property: Electricity Available, Electricity Connected, Cable Connected

Community & HOA

Location

Region: Paw Paw

Financial & listing details

Tax assessed value: $62,515
Annual tax amount: $4,406
Date on market: 8/14/2026
Listing terms: Cash,Conventional
Tenant pays: None
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

$342,200

$325,000 - $359,000

Not available

Price history

Date	Event	Price
8/14/2026	Listed for sale	$360,000+355.7%
Source: MichRIC #26042712 Report a problem
1/8/2015	Sold	$79,000
Source: MichRIC #13064031 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,284 +4.8%	$125,600 +17.8%
2024	$4,088 +4.9%	$106,600 +13.3%
2023	$3,896	$94,100 +10.6%
2022	--	$85,100 -4.2%
2021	--	$88,800 +53.1%
2020	--	$58,000 +18.4%
2018	--	$49,000 -6%
2017	$1,513 +4.5%	$52,100 -1.1%
2016	$1,448 +6.7%	$52,700
2015	$1,357 +3.5%	$52,700 +14.7%
2014	$1,312	$45,942 +6.1%
2013	--	$43,300 +2.9%
2012	--	$42,100 -1.9%
2011	--	$42,900 -7.9%
2010	--	$46,600 -5.7%
2009	--	$49,400
2008	--	$49,400 +3.1%
2007	--	$47,900 +8.6%
2006	--	$44,100 -12%
2005	--	$50,100 -5.3%
2004	--	$52,900 +0.8%
2003	--	$52,500 +2.5%
2002	--	$51,200 +3.6%
2001	--	$49,400