Madison Heights, MI Multifamily properties for sale

Updated: Feb 5

Madison Heights Duplex with Upside

31 W BARRETT Avenue, Madison Heights, MI 48071

$275,000

1,584 sqft 0.10 AC lot

Upper‑lower duplex with 2 separate units and tenants on month‑to‑month leases
Upper unit is Section 8 and also rented month to month
Lower unit is month to month and offers value‑add potential for new owners
Year built 1928; bungalow architectural style
Central air and forced‑air heating; cooling includes ceiling fans

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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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Updated: Feb 26

Madison Heights Investment Opportunity

740 W 11 Mile Rd, Madison Heights, MI 48071

$549,000

Investment opportunity
Two buildings on the property
Located in Madison Heights
Additional property details available
Take advantage of this opportunity

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Madison Heights Duplex with Upside

31 W BARRETT Ave, Madison Heights, MI 48071

$275,000

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

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 3 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, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Renovated Duplex with Enclosed Porch

306 N Kenwood Avenue, Royal Oak, MI 48067

$320,000

1,396 sqft 0.14 AC lot

Two-unit duplex with updated kitchens and baths, enclosed front porch, shared basement storage, and detached two-car garage.

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Duplex with Multiple Kitchens and Baths

634 E Lewiston Avenue, Ferndale, MI 48220

$335,000

1,466 sqft 0.13 AC lot

Ferndale duplex with dual kitchens and baths, updated interiors, and two forced-air HVAC systems with central AC.

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Renovated Duplex with Detached Garage

306 N Kenwood Ave, Royal Oak, MI 48067

$320,000

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

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Two-Unit Residential Income Duplex

1936 Farrow St, Ferndale, MI 48220

$275,000

Two move-in ready units each with dedicated living and kitchen spaces, plus a shared unfinished basement and fenced backyard.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Expansive Land with Development Potential

VL N Fleming Road, Fowlerville, MI 48836

$6,900,000

354.27 AC lot

350+ acres of prime land with two scenic lakes.

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Eastlake Marina District Land

35783 Lake Shore Boulevard, Eastlake, OH 44095

$765,000

5.66 AC lot

5.66 acres in Eastlake's Marina District, primed for development.

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Residential Land in Riverdale

N Lumberjack Road, Riverdale, MI 48877

Contact for pricing

0.67 AC lot

Vacant residential land suitable for building or mobile home placement.

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Sanford Vacant Land with Utilities

978 timberlynn trail, Sanford, MI 48657

Contact for pricing

0.80 AC lot

Two lots with water and electric hookups, lake access.

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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.

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 4 multifamily properties for sale in Madison Heights, MI, showcased through 3 active listings 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 $275,000.

Sale prices for multifamily properties in Madison Heights, MI start at $275,000, averaging $275,000, and reaching up to $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.

Neighborhood	Average Price
48071	$425K

Neighborhood

Average Price

48071

$425K

Madison Heights, MI Multifamily Properties for Sale

31 W BARRETT Avenue, Madison Heights, MI 48071

740 W 11 Mile Rd, Madison Heights, MI 48071

31 W BARRETT Ave, Madison Heights, MI 48071