NOT LISTED FOR SALE

500 E Main St Paw Paw, MI 49079

Paw Paw Area

Estimated Value: $182,000 - $245,000

Studio
-- Baths
-- Sq Ft
10,800 Sq Ft Lot

Sale Details

Date Sold: May 9, 2016

Last sale price $67,000

Est. 214% increase in value since last sale

Current estimated payment $1,363 / mo

19 Days on Market

About This Home

As of May 2016

Great income potential in the heart of the village of Paw Paw. This charming 3 unit home features two main floor, one bedroom units and a two bedroom, one full bath upper unit. Lower units complete with newer vinyl windows, spacious living and bedroom, including high ceilings. All three units have separate gas/electric meters and private entrances along with ample parking at the rear of the property. Two units have long standing tenants that are paying $420 per month. Property is Bank Owned and is being sold AS IS.

Last Agent to Sell the Property

Missy Dahlinger

Berkshire Hathaway HomeServices MI Listed on: 02/26/2016

Berkshire Hathaway HomeServices MI

Last Buyer's Agent

Trisha Downard

Lakes & Country Real Estate Inc

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1902

Lot Details

  • 10,800 Sq Ft Lot
  • Lot Dimensions are 60x180

Home Design

  • Composition Roof
  • Wood Siding

Basement

  • Michigan Basement

Parking

  • 6 Parking Spaces
  • Unpaved Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tenant pays for gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1902

Lot Details

10,800 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1902
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 57.62
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 60x180
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2333.9
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Substructure:Michigan Basement: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Extras:Sep Gas Meter: Yes
  • Driveway:Shared Unpaved: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 74900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Sq Ft: 10800.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 2333.9
  • Tax Year: 2015

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Paw Paw, MI

  • Brian Waite Real Estate Agent - RE/MAX by the Lake

    Brian Waite

    RE/MAX by the Lake

    (269) 466-1599

    122 Total Sales

    1 in Paw Paw

    $160,000 Price

    Brian Waite
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  • Ian Volchoff Real Estate Agent - Century 21 Trophy Class

    Ian Volchoff

    Century 21 Trophy Class

    (231) 366-4384

    62 Total Sales

    2 in Paw Paw

    $195K - $730K Price Range

    Ian Volchoff
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  • Amy Krumm Real Estate Agent - Five Star Real Estate

    Amy Krumm

    Five Star Real Estate

    (269) 457-5175

    93 Total Sales

    4 in Paw Paw

    $178K - $205K Price Range

    Amy Krumm
     Section Image
  • Crystal Halstead Real Estate Agent - Khoury Real Estate

    Crystal Halstead

    Khoury Real Estate

    (269) 443-1261

    100 Total Sales

    1 in Paw Paw

    $185,000 Price

    Crystal Halstead
     Section Image
  • Tim Mitchell Real Estate Agent - Cressy & Everett Real Estate

    Tim Mitchell

    Responds Quickly

    Cressy & Everett Real Estate

    (269) 468-0928

    176 Total Sales

    7 in Paw Paw

    $95K - $490K Price Range

    Tim Mitchell
     Section Image
  • Randy Blankenship Real Estate Agent - Real Broker LLC

    Randy Blankenship

    Real Broker LLC

    (269) 775-4626

    193 Total Sales

    2 in Paw Paw

    $385,000 Price Range

    Randy Blankenship
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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/09/2016 05/09/16 Sold $67,000 -10.5% --
03/16/2016 03/16/16 Pending -- -- --
02/26/2016 02/26/16 For Sale $74,900 -- --
Source: MichRIC

Agents Affiliated with this Home

  • Missy Dahlinger Real Estate Agent - Berkshire Hathaway HomeServices MI

    Seller's Agent in 2016

    Missy Dahlinger

    Berkshire Hathaway HomeServices MI

    (269) 358-3800

    65 Total Sales

    Missy Dahlinger
    Section Image
  • Trisha Downard Real Estate Agent - Lakes & Country Real Estate Inc

    Buyer's Agent in 2016

    Trisha Downard

    Lakes & Country Real Estate Inc

    (269) 217-2130

    185 Total Sales

    Trisha Downard
    Section Image
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Map

Source: MichRIC

MLS Number: 16007759

MichRIC

APN: 80-47-140-002-00

Michigan Van Buren County Paw Paw 49079

500 E Main St, Paw Paw, MI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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