31 W BARRETT Avenue Madison Heights MI 48071 MLS #20261007644

31 W BARRETT Avenue
Madison Heights, MI, 48071
$275,000
Beds
2 Baths
1,584 SqFt
0.1 Acres
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MLS #20261007644 image #0
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

Property Details

Price:
$275,000
MLS #:
20261007644
Status:
Active
Beds:
0
Baths:
2
Type:
Single Family
Subtype:
MultiFamily
Subdivision:
SLATER PARK SUB
Neighborhood:
area02252madisonheights
Listed Date:
Feb 5, 2026
Finished Sq Ft:
1,584
Year Built:
1928
Short SaleBungalowArea02252madisonheightsArea02252madisonheightsSlater Park SubMadisonmadisonhtsCall

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Schools

School District:
MadisonMadisonHts

Interior

Above Grade Finished Area
1584
Bathrooms
2 Full Bathrooms
Cooling
Ceiling Fans, Central Air
Heating
Forced Air, Natural Gas
Levels
Two

Exterior

Architectural Style
Bungalow
Construction Materials
Aluminum Siding
Patio And Porch Features
Covered
Roof
Asphalt

Financial

Net Operating Income
$32,400
Taxes
$5,501

Map

Community

Market Summary

Current real estate data for Single Family in Madison Heights as of Jul 15, 2026
94
Single Family Listed
54
Avg DOM
238
Avg $ / SqFt
$313,394
Avg List Price

Property Summary

    Located in the SLATER PARK SUB subdivision, 31 W BARRETT Avenue Madison Heights MI is a Single Family for sale in Madison Heights, MI, 48071. It is listed for $275,000 and features 0 beds, 2 baths, and has approximately 1,584 square feet of living space, and was originally constructed in 1928. The current price per square foot is $174. The average price per square foot for Single Family listings in Madison Heights is $238. The average listing price for Single Family in Madison Heights is $313,394. To schedule a showing of MLS#20261007644 at 31 W BARRETT Avenue in Madison Heights, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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31 W BARRETT Avenue
Madison Heights, MI