31 W Barrett Avenue, Madison Heights, MI 48071
Local realty services provided by:ERA Prime Real Estate Group
31 W Barrett Avenue,Madisonheights, MI 48071
$275,000
- - Beds
- 2 Baths
- 1,584 sq. ft.
- Multi-family
- Active
Listed by: evan bassy
Office: keller williams paint creek
MLS#:20261007644
Source:MI_REALCOMP
Price summary
- Price:$275,000
- Price per sq. ft.:$173.61
About this home
Welcome to 31 Barrett, a prime upper–lower duplex offering strong cash flow and value-add upside. This property was appraised at $290,000 in December 2025 and features two separate units with tenants currently on month-to-month leases, providing flexibility for an investor to come in, make improvements, and raise rents. The upper unit is Section 8 and rented month to month, while the lower unit offers significant value-add potential and is also month to month. Utilities are paid directly by the tenants, with water paid by the landlord and reimbursed through a bill-back system. This is an excellent opportunity for an investor seeking a solid rental or an owner-occupant looking to house hack while enjoying nearby local conveniences. Seller is open to a mortgage takeover with a minimum of 25% down (non-negotiable). Don’t miss your chance to secure a great cash-flowing duplex with upside potential
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Home facts
- Year built:1928
- Listing ID #:20261007644
- Added:165 day(s) ago
- Updated:July 21, 2026 at 09:54 AM
Rooms and interior
- Total bathrooms:2
- Full bathrooms:2
- Basement Description:Unfinished
- Living area:1,584 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Asphalt
- Year built:1928
- Building area:1,584 sq. ft.
- Lot area:0.1 Acres
- Architectural Style:Bungalow
- Construction Materials:Aluminum Siding
- Exterior Features:Covered
- Foundation Description:Basement, Block
- Levels:Two
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$275,000
- Price per sq. ft.:$173.61
- Tax amount:$5,501
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