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    Madison Heights, MI
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    Madison Heights, MI Duplexes for Sale

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    Hazel Park, MI Royal Oak, MI Ferndale, MI Warren, MI Pleasant Ridge, MI Detroit, MI Huntington Woods, MI Highland Park, MI
    Upper-Lower Duplex with Bungalow Style
    Updated: Feb 5
    Upper-Lower Duplex with Bungalow Style

    31 W BARRETT Avenue, Madison Heights, MI 48071

    $275,000
    1,584 sqft 0.10 AC lot
    Bungalow‑style upper‑lower duplex built in 1928
    Two units with tenants on month‑to‑month leases; upper unit described as Section 8
    1,584 SF total building area on a 0.1‑acre lot
    Utilities paid by tenants; water paid by landlord and reimbursed via bill‑back
    Forced air heating with ceiling fans and central air
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    This listing looks promising.

    Here's a quick look at some key insights for

    31 W BARRETT Avenue, Madison Heights, MI 48071

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    • Est. Cap Rate

      7.6%
      Above avg (5.9%)

    • Est. NOI

      $21K
      Annual

    • Price @ 7% Cap

      $300K
      Above asking

    • Property Type

      Single Family Residence
      Built 1928
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    Madison Heights Duplex with Upside
    Updated: Apr 24
    Madison Heights Duplex with Upside

    31 W BARRETT Ave, Madison Heights, MI 48071

    $275,000
    Strong cash flow potential with value‑add upside
    Flexibility to raise rents due to month‑to‑month leases
    Utilities paid by tenants (except water, which is reimbursed)
    Appraised at $290,000 in December 2025
    Suitable for both investors and owner‑occupants (house hacking)
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Madison Heights, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Rented Duplex with Three-Bedroom Units
    Rented Duplex with Three-Bedroom Units

    449 W Evelyn Avenue, Hazel Park, MI 48030

    $185,000
    1,134 sqft 0.07 AC lot

    Two rented duplexes with three-bedroom, two-bath layouts on a small multi-family zoned lot in Hazel Park.

    View details
    Duplex with Enclosed Front Porch
    Duplex with Enclosed Front Porch

    306 N Kenwood Avenue, Royal Oak, MI 48067

    $309,900
    1,396 sqft 0.14 AC lot

    Well-maintained duplex with fenced yard and enclosed front porch, featuring updated lower and upper units.

    View details
    Rented Duplex Investment with Two Units
    Rented Duplex Investment with Two Units

    449 W Evelyn Ave, Hazel Park, MI 48030

    $185,000

    Duplex property featuring two spacious 4-bedroom, 2-bath units already rented and generating cash flow.

    View details
    Renovated Duplex with Detached Garage
    Renovated Duplex with Detached Garage

    306 N Kenwood Ave, Royal Oak, MI 48067

    $309,900

    Each unit offers 2 bedrooms and 1 full bath, plus an enclosed front porch, shared basement storage, and a detached 2-car garage.

    View details

    Madison Heights, MI Duplexes Market Trends and Statistics

    Explore 2 duplexes for sale in Madison Heights, MI on our real estate platform. These investment opportunities span a total of 1,584 square feet of properties for sale, with an estimated market value of $550,000.

    Sale prices for duplexes in Madison Heights, MI average $275,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 2

    Demographics Overview

    Population 28K
    Population Growth (5Y) -6.0%
    Median Household Income $66,726
    College Educated 40.9%

    High-Yield Neighborhoods for Investment

    Identify Madison Heights submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48071 $275K

    Taxes & Financing

    Tax Rate (average for all types) 4.20%
    Property Tax per SF $40.95 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Oakland County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Madison Heights fall within the 25,000 to 50,000 square foot range.

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