229 Union Street, Lawton, MI 49065
Van Buren County
Key Facts
Description
Strong income potential meets smart updates in this well-maintained duplex located in the heart of downtown Lawton. This 2-unit property features split utilities, a newer roof (2023), and two updated water heaters (2024 & 2026), giving you confidence that the big-ticket items are already handled. Unit A also includes in-unit laundry. Situated on a spacious 0.55-acre lot, the property offers a garage on one side and covered parking on the other--rare features that boost rental appeal. One unit is currently leased, while the second is vacant, allowing for immediate occupancy or the opportunity to rent at current market rates. Previously generating $2,225/month in rental income, this is a great option for investors looking to expand their portfolio or owner-occupants wanting to offset their mortgage. A clean, low-maintenance property with solid updates already in place! Rental history and lease documentation available upon request.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1925
Lot Size
0.59 acres
Lot Dimensions
90 X 200 X 125 X 200
Parking Spaces
2
Days on Market
57
MLS® Listing#
26021998
Property Features
Heating
Basement
Parking
Laundry
Construction
Utilities
Sewer
Water Source
Schools
- District:
- Lawton
Financial Details
Annual Taxes
$5,191
Tax year 2025
Assessed Value
$75,500
Parcel Number
80-45-650-021-00
Directions
From I-94, take Exit 60 for Lawton/Paw Paw (M-40), head south into Lawton for about a mile, then turn right onto West Union Street and continue a few blocks to 229 Union St on the right
Affordability Calculator
$38,000
Estimated monthly payment
$1,011/mo
Principal $152,000 · Est. interest $212,054 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Lawton, MI
- $275,000
- Median Listing Price
- 27
- Median Days on Market
- 1,418
- Median Sq Ft
- $185
- Median Price / Sq Ft
- 18
- Active Listings
- This home’s price is 31% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Lawton, MI.
Location
Points of Interest in Lawton, MI
Showing the Lawton area map.
Nearby Schools
Lawton Community Schools
Secondary · 0.5 mi away
Lawton Community Schools
Elementary · 0.6 mi away
Lawton High School
Secondary · 1.0 mi away
Lawton Middle School
Secondary · 1.2 mi away
Paw Paw High School
Secondary · 3.7 mi away
St Mary's School
School · 3.7 mi away
Trinity Lutheran School
School · 3.9 mi away
Paw Paw Public Schools
School · 3.9 mi away
Elementary Edge
Elementary · 4.0 mi away
Cedar Street Community & Family Center
Secondary · 4.1 mi away
Paw Paw Community Ed
School · 4.1 mi away
Paw Paw Middle School
School · 4.1 mi away
Paw Paw Public Schools
School · 4.2 mi away
Mattawan Consolidated School
Secondary · 4.4 mi away
Paw Paw Later Elementary School
Elementary · 4.6 mi away
Tri-County Head Start
School · 4.8 mi away
Community Based Transition Center
Secondary · 4.8 mi away
Paw Paw Early Elementary School
Elementary · 4.8 mi away
Davis Elementary School
Elementary · 7.5 mi away
Decatur Middle School
Elementary · 7.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 120 Union Street, Lawton, MI | $159,900 | 3 | 2 | 1,666 |
| 415 S Main Street, Lawton Village, MI | $189,900 | 2 | 1 | 1,360 |
| 415 S Main Street, Lawton, MI | $189,900 | 2 | 1 | 1,360 |
| 229 Union Street, Lawton Village, MI | $190,000 | 6 | — | — |
| 403 E 2nd Street, Lawton Village, MI | $219,900 | 3 | 2 | 1,188 |
| 403 E 2nd Street, Lawton, MI | $219,900 | 3 | 2 | 1,188 |
Moving Cost Estimate
EXIT Agents in Lawton
Listing Courtesy: Five Star Real Estate - 2694597898
Presented by: Colleen Mencl