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    FOR SALE
    Duplexes

    31 W Barrett Ave Madison Heights, MI 48071

    Built 1928
    Property ID
    US43-4977080
    31 W Barrett Ave, Madison Heights, MI 48071 For Sale 1 / 26
    $275,000
    31 W Barrett Ave, Madison Heights, MI 48071
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    Property summary
    AI-generated overview

    Welcome to 31 Barrett, a prime upper–lower duplex offering strong cash flow and value-add upside. This property was appraised at $290,000 in December 2025 and features two separate units with tenants currently on month-to-month leases, providing flexibility for an investor to come in, make improvements, and raise rents. The upper unit is Section 8 and rented month to month, while the lower unit offers significant value-add potential and is also month to month. Utilities are paid directly by the tenants, with water paid by the landlord and reimbursed through a bill-back system. This is an excellent opportunity for an investor seeking a solid rental or an owner-occupant looking to house hack while enjoying nearby local conveniences. Seller is open to a mortgage takeover with a minimum of 25% down (non-negotiable). Don’t miss your chance to secure a great cash-flowing duplex with upside potential bikeScore: 50, Bikeable walkScore: 64, Somewhat Walkable

    Property profile
    Verified
    Property type Duplexes
    Year built 1928
    UPID US43-4977080
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Zoning & alternative use
    Permitted uses
    Permitted uses
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