BEDS0
BATHS2 full
SQUARE FEET1,584
MLS#20261007644
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONSLATER PARK SUB
SCHOOLMadison (Madison Hts.)
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
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Cooling: Ceiling Fan(s), Central Air
Fuel Type: Natural Gas
Heating: Forced Air
Home Style: Bungalow
Lot Size: 0.10 Acres
Year Built: 1928
Feature Descriptions
Architecture: Bungalow
Days on Site: 109
Exterior: Aluminum
Foundation: Basement
Frontage Feet: 40
Lot Dimensions: 0.10 Acre(s)
Road Frontage: Paved
Summer Tax: $4463.0000
Winter Tax: $1038.0000
Year Remoldeled: 2025
Local Schools
School District: Madison (Madison Hts.)
Listed By / Shown By
Listed By
Agency Name: Keller Williams Paint Creek
Agency Phone: (248) 609-8000
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
Estimate Your Payment
Estimated Payment
$ 1,618.48 per month $1,538.27 Principal & Interest $0.00 Property Tax (data not provided by mls) $80.21 Homeowner's Insurance
31 W Barrett Avenue | MLS# 20261007644
This multi-family property located at 31 W Barrett Avenue, Madison Heights, MI 48071 is currently listed for sale with an asking price of $275,000. W Barrett Avenue is located within the Madison (Madison Hts.) school district. Search Madison Heights real estate on www.ikeyrealty.com today.