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.
Active
Price cut: $5K (8/27)
$185,000
625 Oak St, Paw Paw, MI 49079
3beds
3baths
--sqft
2 to 4 Units
Built in 1930
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Well-maintained triplex
- 38 days
- 363
- 15
Zillow last checked:
Listing updated:
Listed by:
Ryan C Rarick 269-271-4276,
Kalamazoo Realty 269-888-1270
Source: MichRIC,MLS#: 26039171
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Heating
- Forced Air
Cooling
- None
Features
- Basement: Michigan Basement
Property
Parking
- Total spaces: 3
- Parking features: Aggregate, Driveway
Lot
- Size: 0.26 Acres
- Dimensions: irregular 123 x 134
- Features: Corner Lot
Details
- Parcel number: 804725200400
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Shingle Siding, Wood Siding
- Roof: Other
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Utilities for property: Natural Gas Connected, Electricity Connected
Community & HOA
Location
- Region: Paw Paw
Financial & listing details
- Tax assessed value: $44,863
- Annual tax amount: $3,246
- Date on market: 7/29/2026
- Listing terms: Cash,Conventional
- Tenant pays: Electricity, Gas
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,410/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2026 | Price change | $185,000-2.6% |
Source:  MichRIC #26039171 Report a problem | ||
| 7/29/2026 | Listed for sale | $190,000 |
Source: MichRIC #26039171 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,074 +4.8% | $94,900 +6.7% |
| 2024 | $2,934 +4.9% | $88,900 +13.1% |
| 2023 | $2,796 | $78,600 +15.9% |
| 2022 | -- | $67,800 -3.6% |
| 2021 | -- | $70,300 +44.7% |
| 2020 | -- | $48,600 +20.3% |
| 2018 | -- | $40,400 -2.4% |
| 2017 | $1,026 +0.9% | $41,400 -0.7% |
| 2016 | $1,017 +1.2% | $41,700 |
| 2015 | $1,005 +1.9% | $41,700 +19.6% |
| 2014 | $987 | $34,856 +5.6% |
| 2013 | -- | $33,000 +2.5% |
| 2012 | -- | $32,200 -1.5% |
| 2011 | -- | $32,700 -9.2% |
| 2010 | -- | $36,000 -5% |
| 2009 | -- | $37,900 |
| 2008 | -- | $37,900 +2.7% |
| 2007 | -- | $36,900 +7.6% |
| 2006 | -- | $34,300 -10.4% |
| 2005 | -- | $38,300 -4.3% |
| 2004 | -- | $40,000 +0.8% |
| 2003 | -- | $39,700 +2.1% |
| 2002 | -- | $38,900 +3.7% |
| 2001 | -- | $37,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 49079
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