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    31 W Barrett Ave Madison Heights, MI 48071

    For Sale
    $279,000

    Bungalow - Madison Heights, MI

    Property size:
    1,584 SF
    Lot size:
    0.10 Acres
    Days on Market:
    46
    Last Refresh:
    Dec 7 at 6:06 pm

    Property Features for 31 W Barrett Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Multi-Family
    Rooms
    Basement, Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    2523482012
    Basement Y/N
    1
    Size
    1,584 SF
    Lot size
    0.10 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Ceiling Fan(s), Central Air

    Building Details

    Year built
    1928
    Floors in Building
    2
    Roof type
    Asphalt
    Architectural style
    Bungalow

    M77 LLC (248) 649-7200 [email protected]

    Listing agent Evan Bassy (248) 649-7200

    Listing date Oct 23, 2025

    MLS# 20251037675 Listing URL

    Copyright © 2025 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Madison Heights Duplex: High-ROI Investment

    This is a high-ROI duplex located in Madison Heights, Michigan, suitable as a turnkey investment. The property is fully occupied, providing immediate cash flow. The first-floor unit features 2 bedrooms and 1 bathroom within 924 square feet, while the upper unit includes 2 bedrooms and 1 bathroom in 900 square feet and has a private entrance. Both units have separate utilities, excluding water, and all appliances are included with the property. The property is rental certified with Madison Heights and is situated minutes from I-696 and I-75. The property, with a lot size of 0.1 acres, is positioned for convenience and long-term growth. The total property size is 1584 square feet. Both units are currently rented, requiring minimal maintenance. It is suitable for investors or owner-occupants looking to live in one unit and rent out the other. The property's zoning is Multi-Family.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Madison Heights
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1054304
    Latitude
    42.4788697

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    FAQs

    What type of property is this?
    Duplex - Turnkey, fully occupied duplex in Madison Heights with immediate cash flow.
    Where is this duplex located?
    The property is located at 31 W Barrett Ave Madison Heights, MI.
    What is the asking price?
    The asking price for this property is $279,000.
    What are key features of this property?
    This property features: - High-ROI duplex providing immediate cash flow from day one.; - Fully occupied with two rental units, ensuring consistent income.; - Convenient location minutes from I-696 and I-75, enhancing tenant appeal.
    (248) 649-7200
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    31 W Barrett Ave Madison Heights, MI 48071
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