Recently Listed Open House 11/6 4pm - 6pm
505 E Guthrie Avenue
Madison Heights, MI, 48071 $ 120,000
Bedrooms2 Baths1.0 Sq 545 Monthly Estimate*
$ 829
for $120,000 with 2 bedrooms and 1 full bath. This 545 square foot home was built in 1942 on a lot size of 0.09.
Step into this beautifully refreshed 2-bedroom, 1-bathroom Madison Heights gem — a smart, stylish, and fully turn-key home that’s ready for your next chapter. Whether you’re a first-time buyer, looking to downsize, or hunting for a high-demand rental, this 545 sq. ft. corner-lot cutie delivers big impact in a compact footprint. Inside, you’ll love the brand-new LVP flooring, fresh paint, and a completely updated kitchen featuring granite countertops, new appliances, and modern finishes that make cooking feel like a treat. The updated bathroom continues the clean, contemporary vibe — move in and enjoy without lifting a finger. Outside, the home sits proudly on a corner lot with a fully fenced backyard, perfect for pets, gardening, or creating your own outdoor hangout space. And with easy freeway access, your commute, errands, and weekend adventures stay effortlessly convenient. This is the kind of home that checks all the boxes: updated, low-maintenance, and positioned in one of Madison Heights’ most accessible pockets. Turn the key and start living — or start earning — right away. This home may offer attractive financing options. Please consult your real estate professional for details.
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Open House
11/6/2026 4:00 PM - 6:00 PM
11/7/2026 12:00 PM - 2:00 PM
11/8/2026 2:00 PM - 4:00 PM
505 E Guthrie Avenue Madison Heights, MI
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralSewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Appliances FreeStandingGasOven FreeStandingRefrigerator Microwave WasherDryerStacked
Garage Spaces 0.0
Patio/Porch Features Patio Porch
Architectural Style Ranch
Pool Features None
Security Features CarbonMonoxideDetectors SmokeDetectors
Construction Materials AluminumSiding
Year Built 1942
Levels One
Property Subtype SingleFamilyResidence
County Oakland
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name JOHN R PARK
Garage Y/N N
Other Structures Sheds
Total Rooms 4
Full Baths 1
Status Active
Directions Battelle Avenue & Guthrie Avenue
City MadisonHeightsCity_Oakland
Disclosures TaxesNotHomesteadExempt
Entry Location GroundLevelwSteps
Senior Community Y/N N
High School District MadisonMadisonHts
MLS Area Area02252MadisonHeights
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 2961.0
Home Warranty Y/N N
Property Condition PlattedSub
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 43890
Expected Active Date 2026-11-06
Legal Description T1N R11E SEC 24 JOHN R PARK LOT 172
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ExteriorExterior Amenities Awnings
Parking Features NoGarage
Water Source Public
Foundation Details CrawlSpace
Spa N
Lot Dimensions 40X106
Lot Size Acres 0.09
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorFurnished Y/N Unfurnished
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 545.0
Half Baths 0
Laundry Features ElectricDryerHookup WasherHookup
Total Bedrooms 2
Above Grade Finished Area Unit Type SquareFeet
Total Baths 1
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* Excluded FeaturesList ByBerkshire Hathaway Homeservices Kee Realty BhamBroker
Affordability Calculator
- Monthly Principal & Interest
- $829
- Monthly Property Taxes
- $247
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbySingle family listings in Madison Heights, MI
Average List Price $238,812
Percent of Sale Price 99%
About Madison Heights, MI 29,568 Population
-5% Since 2002
$ 44,337 Median Income
40.27 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
4909233 Elementary School
4909307 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/4/2026 | $120,000 | | Listed Price |