31 W BARRETT AVE, Madison Heights, MI 48071
31 W BARRETT AVE, Madison Heights, MI 48071
31 W BARRETT AVE, Madison Heights, MI 48071
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$275,000
Est. payment /mo
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2 Baths
1,584 SqFt
Active

31 W BARRETT AVE Madison Heights, MI 48071

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Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 1,584 sqft

Price per Sqft $173

Subdivision Slater Park Sub

MLS Listing ID 20261007644

Style Bungalow

Full Baths 2

Year Built 1928

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type MultiFamily

Property Description

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

Location

State MI

County Oakland

Area Area02252Madisonheights

Rooms

Basement Unfinished

Interior

Heating Forced Air, Natural Gas

Cooling Ceiling Fans, Central Air

Fireplace No

Exterior

Pool None

View Y/N No

Roof Type Asphalt

Garage false

Building

Foundation Basement, Block

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Madison Madison Hts

Others

Senior Community false

Acceptable Financing Cash, Conventional, FHA, VaLoan

Listing Terms Cash, Conventional, FHA, VaLoan

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Call


Realcomp MLS
Listed by Evan Bassy of Keller Williams Paint Creek

NEARBY SCHOOL & BUSINESS

Estrella Morales Mendez
Estrella Morales Mendez

Realtor | License ID: 6501422740

+1(248) 736-1612 | estrellamoralesmendez@epique.me

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31 W BARRETT AVE