For Sale
31 W BARRETT Avenue, Madison Heights, MI 48071
$275,000
MLS # 20261007644 (Realcomp)
Built 19280.1 acres
1 / 26
Listing 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
Source: SparkMLS
About this home
2-bath home in Madison Heights in Madison Heights built in 1928.
Currently offered at $275,000.
Property tax estimate: $5,501 per year ($458/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company. Fiber internet is available at this address with download speeds up to 5,000 Mbps across 10 providers.
Listing Property Details
Property TypeMulti Family
Bathrooms2
Lot Size0.1 acres
Year Built1928
Location
CityMadison Heights
MunicipalityMadison Heights
Zip Code48071
CountyOakland
Construction & Systems
ConstructionAluminum Siding
HeatingForced Air
WaterPublic
Sale & Financing
Listed2/4/2026
Original Price$285,000
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$5,501
State Equalized Value$100,530
Taxable Value$100,530
Parcel #2523482012
Source: Public Records
Legal Description
T1N, R11E, SEC 23 SLATER PARK SUB LOT 54
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Evan Bassy
Keller Williams Paint Creek
Frequently Asked Questions about 31 W BARRETT Avenue, Madison Heights, MI 48071
What financing options are available for 31 W BARRETT Avenue, Madison Heights, MI 48071?
Per MLS# 20261007644, this listing accepts Cash, Conventional, FHA, VA Loan financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 31 W BARRETT Avenue, Madison Heights, MI 48071?
Per public tax records, annual property taxes for this property are $5,501. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 31 W BARRETT Avenue, Madison Heights, MI 48071 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 31 W BARRETT Avenue, Madison Heights, MI 48071 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 31 W BARRETT Avenue, Madison Heights, MI 48071. The maximum advertised download speed is 5.0 Gbps. 10 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 31 W BARRETT Avenue, Madison Heights, MI 48071?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Oakland County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Monthly payment$1,784
Principal & interest$1,784
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Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
10 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
31 W BARRETT Avenue, Madison Heights, MI 48071
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Municipality
Madison Heights
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County
Oakland County
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