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31 W BARRETT Ave Madison Heights, MI 48071

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For Sale
$275,000

Cash-flowing duplex with value-add potential in Madison Heights.

Type:Investment
Added:
Apr 24, 2026
Days on Market:
5
Last Refresh:
Apr 24 at 8:04 pm

Property Features for 31 W BARRETT Ave

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1928

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Listing Contact
Evan Bassy

Listing agent Evan Bassy

Listing office M77 LLC

Listing date Apr 24, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of M77 LLC


Overview

Madison Heights Duplex with Upside

Located in Madison Heights, this upper-lower duplex presents an investment opportunity with potential for increased cash flow. The property consists of two separate units, both currently occupied by tenants on month-to-month leases. The upper unit participates in Section 8. The lower unit offers significant value-add potential. Tenants are responsible for their own utilities, while the landlord covers water expenses, which are then reimbursed through a bill-back system. The property was appraised at $290,000 in December 2025. The location is considered somewhat walkable, with a walk score of 64, and bikeable, with a bike score of 50. This property is suited for investors seeking rental income or owner-occupants interested in house hacking while benefiting from nearby local amenities.
Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

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

Location Insight

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

FAQs

What type of property is this?
Duplex - Cash-flowing duplex with value-add potential in Madison Heights.
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 $275,000.
What are key features of this property?
This property features: 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)
More about this property
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