31 W BARRETT Avenue Madison Heights, MI $ 285,000
31 W BARRETT Avenue
$ 285,000
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31 W BARRETT Avenue

Madison Heights, MI, 48071
$ 285,000
Baths2.0 Sq 1,584

Monthly Estimate*

$ 1,755

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Studio

Multi-Family Home for sale in Madison Heights, MI

for $285,000 with 2 full baths. This 1,584 square foot home was built in 1928 on a lot size of 0.1.

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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Multi-Family Active

Price

$ 285,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 5,501

Style

Bungalow

Lot Size

0.1

Year Built

1928

Town/City

Madison Heights

County/Region

Oakland

MLS | Web ID

60968168

Features
General
Heating Forced Air
Cooling Ceiling Fan(s) Central A/C
Possession Negotiable (Possession)
Water Public Water
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1928
Subdivision SLATER PARK SUB MI
Style Bungalow
County Oakland
Class MULTIFAMILY
Type Multi-Family
Net Income 32400
Ownership Private
Municipality Madison Heights
Zoning Multi-Family
Sale/Rent For Sale
Status Detail 0
Structure Style 2 Story
Area Madison Heights (63252)
Primary City Madison Heights
Directions Enter Street Off John R South Of Lincoln
City Madison Heights
School District Madison Public Schools
Financial Terms Cash Conventional FHA VA
Legal Description T1N R11E SEC 23 SLATER PARK SUB LOT 54
DOM 1
Postal Code 48071
Price Per Sq Ft Total AG 179.92
Public Remarks Welcome to 31 Barrett a prime upper–lower duplex offering strong cash flow and value-add upside. This property was appraised at $290
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Interior
Basement Block
Fireplace? No
Total Number of Units 2
Fuel Type Natural Gas
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Exterior
Exterior Aluminum
Frontage 40
Lot Size Area 0.1
Lot Dimensions 40.00 x 105.00
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Evan Bassy

Listing Agent

Keller Williams Paint Creek

Broker

bassysellsre@gmail.com

Email

Affordability Calculator

$2,213
Per Month
79%
21%
0%
Monthly Principal & Interest
$1,755
Monthly Property Taxes
$458
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4756510 Elementary School
4756512 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/5/2026$285,000 Listed Price

Map


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31 W BARRETT Avenue, Madison Heights, MI, 48071 is a Multi-Family Home for sale at $285,000 with 1,584 sqft and a lot size of 0.1. 31 W BARRETT Avenue is a studio with 2.0 baths and was built in 1928. The property's zip code is 48071 which is in Madison Heights, MI