Multifamily

Madison Heights, MI Multifamily Properties for Sale

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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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Madison Heights Investment Opportunity
Updated: Feb 26
Madison Heights Investment Opportunity

740 W 11 Mile Rd, Madison Heights, MI 48071

Contact for pricing
Investment opportunity
Two buildings on the property
Located in Madison Heights
Additional property details available
Take advantage of this opportunity
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See what stands out in Oakland County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Madison Heights, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Two-Story Duplex
Two-Story Duplex

306 N Kenwood Avenue, Royal Oak, MI 48067

$295,000
1,396 sqft 0.14 AC lot

Two residential units share basement storage, a fenced yard, and a detached garage.

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Tenant-Occupied Duplex
Tenant-Occupied Duplex

3021 Goodrich Street, Ferndale, MI 48220

$310,000
1,580 sqft 0.12 AC lot

Two occupied units include updated interiors, separate access, and on-site laundry.

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Duplex Investment Opportunity
Duplex Investment Opportunity

217 E Drayton Street, Ferndale, MI 48220

$330,000
0.04 AC lot

Well-maintained duplex with an upper unit under lease and a vacant lower unit, plus 2024 major updates.

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Renovated Duplex with Detached Garage
Renovated Duplex with Detached Garage

306 N Kenwood Avenue, Royal Oak, MI 48067

$320,000

Two-unit residential property with updated interiors, basement storage, and a detached garage.

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Off-Market Properties in Madison Heights, MI

Consider similar Off-Market properties in Madison Heights, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

12 Mile Rd
Multifamily properties

12 Mile Rd, Madison Heights, MI 48071

Value Estimation by Request
1,485 sqft
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Madison Heights, MI Multifamily Properties Market Trends and Statistics

Explore 3 multifamily properties for sale in Madison Heights, MI on our real estate platform.

Sale prices for multifamily properties 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 1

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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