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31 W BARRETT Avenue, Madison Heights, MI 48071 (Sold on )

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  • Price Reduced$4,000
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  • PENDING UNDER CONTRACT
  • The seller has accepted an offer on this property.

 $275,000

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  • 0 BedBeds
  • 2 BathBaths
  • 1,584 SqftSqft
  • TypeMulti Family
  • Active
  • MLS# 20261007644

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Property Description

Welcome to 31 Barrett, a prime upperlower 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). Dont miss your chance to secure a great cash-flowing duplex with upside potential


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Property Details 31 W BARRETT Avenue, Madison Heights, MI 48071

General

  • MLS#: 20261007644
  • Property Type: Multi Family
  • Property Sub Type: Multi Family
  • List Date: 02/05/2026
  • Year Built: 1928
  • Area: 02252 - Madison Heights
  • Subdivision: SLATER PARK SUB
  • County: Oakland
  • Full Bath: 2
  • Total Baths: 2
  • Annual Property Taxes: $5,501

Exterior Features

  • Pool Type: None

Schools

  • School District: Madison (Madison Hts.)

Structure

  • Style: Bungalow
  • Roof: Asphalt
  • Foundation: Basement, Block
  • Style: Bungalow
  • Basement Type: Unfinished
  • Construction Materials: Aluminum Siding

Size & Lot

  • Sq.Ft.: 1,584
  • Acres: 0.1000
  • Lot Dimensions: 40.00 x 105.00

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Sewer: Public Sewer
  • Water: Public
  • Heating Fuel: Forced Air, Natural Gas

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