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Madison Heights, MI Multifamily Home for Sale

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    $284,000

    • 4 Beds
    • 2 Baths
    • 1,584 Sq Ft

    31 W Barrett Ave, Madison Heights, MI 48071

    Great opportunity to own a high-ROI duplex in Madison Heights! This turnkey investment is fully occupied, offering immediate cash flow. The first-floor unit features 2 bedrooms and 1 bathroom across 924 sq ft, while the upper unit offers 2 bedrooms and 1 bathroom in 900 sq ft with a private entrance. Both units have separate utilities (excluding water), and all appliances stay with the property.

    Evan Bassy LPT Realty, LLC

    31 W Barrett Ave, Madison Heights, MI 48071

Why Live in Madison Heights

Madison Heights, MI, a small city within Metro Detroit, offers a friendly, close-knit atmosphere with a diverse community and ample homebuying and career opportunities. Known for its "Little Saigon," Madison Heights boasts a rich dining scene with authentic Vietnamese cuisine at restaurants like Pho Hang and Pho Tài, alongside other options such as old-fashioned burgers and Mexican fare along John R Road. Shopping needs are met with local shops, Costco, and Target. The city hosts various community events, including Restaurant Week, Movies in the Park, and the annual Festival in the Park at Civic Center Park. Outdoor enthusiasts can enjoy biking at Rosie’s Park, soccer at Red Oaks Youth Soccer Complex, and golfing at Red Oaks Golf Course. The Red Oaks Nature Center offers a 1.5-mile trail for nature walks. Homes in Madison Heights range from bungalows and brick ranch styles to newly built two-story residences, featuring driveways and spacious yards. Students attend Lamphere Public Schools, which are highly rated for their quality of teachers. Madison Heights is conveniently located 12.8 miles from Detroit, with easy access to Interstates 696 and 75. The Madison Heights Police Department provides online safety resources and regular patrols to ensure community well-being.

Home Trends in Madison Heights, MI

Housing Trends

Median Sale Price
$226,000
Median Single Family Sale Price
$225,000
Median Townhouse Sale Price
$130,000
Median 2 Bedroom Sale Price
$215,000
Median 1 Bedroom Sale Price
$110,000
Average Price Per Sq Ft
$208
Number of Homes for Sale
41
Last 12 months Home Sales
428
Months of Supply
1.10
Median List Price
$234,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
6%
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