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31 W Barrett Ave, Madison Heights, MI, 48071

4beds
2baths
1,584sqft
$275,000
$174price/sqft
$1,991/moest. monthly cost
$79,640/yrincome needed

About This Home

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

Getting Around

56
WalkingSomewhat Walkable
0
TransitVery Limited Transit
50
BikeBikeable

Schools

2/10
Madison Elementary SchoolGrades PK-51.1 mi
3/10
Wilkinson Middle SchoolGrades 6-80.6 mi

Construction

Condition

  • Year built: 1928

Materials

  • Foundation: Basement,Block
  • Roof: Asphalt
  • Construction materials: Aluminum Siding

Notable Dates

  • Major remodel year: 2025

Type & Style

  • Home type: MultiFamily
  • Architectural style: Bungalow
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Finished area above ground: 1,584

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Ceiling Fans,Central Air

Interior Area

  • Total interior livable area: 1,584 sqft

Property

Details

  • Parcel number: 2523482012
  • Zoning description: MultiFamily
  • Special condition: Short Sale No,Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Covered

Lot

  • Lot size: 4,356 sqft
  • Lot size dimensions: 40.00 x 105.00