31 W Barrett Avenue, Madison Heights, MI 48071

Madison Heights
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
  • Subdivision & Development:SLATER PARK SUB
  • Listing ID #:20261007644
  • Added:208 day(s) ago
  • Updated:September 02, 2026 at 10:00 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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