31 W BARRETT Avenue, Madison Heights, MI 48071
31 W BARRETT Avenue, Madison Heights, MI 48071
31 W BARRETT Avenue, Madison Heights, MI 48071
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Alec Applebaum

Alec Applebaum

+1(248) 866-8784
$275,000
Est. payment /mo
2 Baths
4,356 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Municipality Madison Heights

Subdivision Madison Heights

MLS Listing ID 20261007644

Year Built 1928

Annual Tax Amount $5,501

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 40.00 x 105.00

Source Realcomp

Property Description

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

Location

State MI

County Oakland

Zoning Multi-Family

Direction Enter Street Off John R South Of Lincoln

Interior

Heating Forced Air

Cooling Central Air

Exterior

View Y/N No

Building

Water Public

Structure Type Aluminum Siding

Others

Tax ID 2523482012

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

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Listed by Keller Williams Paint Creek

Nearby School & Business

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Alec Applebaum

Alec Applebaum

+1(248) 866-8784

Broker License ID: 6502389085

Broker License ID: 6502389085

Name

Name

Phone*

Phone

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