31 W Barrett Ave Madison Heights, MI 48071
Estimated payment $1,927/month
Highlights
- Covered Patio or Porch
- Forced Air Heating and Cooling System
- 5-minute walk to Monroe Park
- Bungalow
- Ceiling Fan
About This Home
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
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1928 | Remodeled in 2025
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 40.00 x 105.00
Home Design
- Bungalow
- Block Foundation
- Asphalt Roof
Interior Spaces
- 2 Full Bathrooms
- 1,584 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Unfinished Basement
Outdoor Features
- Covered Patio or Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 2523482012
Community Details
Overview
- 2 Units
- Slater Park Sub Subdivision
Pet Policy
- Call for details about the types of pets allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,940 | $100,530 | $0 | $0 |
| 2024 | $4,463 | $92,850 | $0 | $0 |
| 2023 | $4,278 | $83,600 | $0 | $0 |
| 2022 | $5,181 | $77,520 | $0 | $0 |
| 2021 | $4,578 | $71,060 | $0 | $0 |
| 2020 | $2,210 | $66,330 | $0 | $0 |
| 2019 | $2,729 | $59,130 | $0 | $0 |
| 2018 | $2,689 | $41,950 | $0 | $0 |
| 2017 | $2,615 | $41,950 | $0 | $0 |
| 2016 | $2,510 | $37,960 | $0 | $0 |
| 2015 | -- | $32,770 | $0 | $0 |
| 2014 | -- | $28,500 | $0 | $0 |
| 2011 | -- | $33,340 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/22/2026 02/22/26 | Price Changed | $275,000 | -1.4% | $174 / Sq Ft | |
| 02/16/2026 02/16/26 | Price Changed | $279,000 | -0.4% | $176 / Sq Ft | |
| 02/10/2026 02/10/26 | Price Changed | $280,000 | -1.8% | $177 / Sq Ft | |
| 02/05/2026 02/05/26 | For Sale | $285,000 | +7.5% | $180 / Sq Ft | |
| 05/06/2024 05/06/24 | Sold | $265,000 | -0.6% | $167 / Sq Ft | View Prior Sale |
| 03/25/2024 03/25/24 | Pending | -- | -- | -- | |
| 03/22/2024 03/22/24 | For Sale | $266,500 | +30.6% | $168 / Sq Ft | |
| 12/21/2022 12/21/22 | Sold | $204,000 | -2.9% | $112 / Sq Ft | View Prior Sale |
| 11/21/2022 11/21/22 | Pending | -- | -- | -- | |
| 11/11/2022 11/11/22 | For Sale | $210,000 | +24.4% | $115 / Sq Ft | |
| 12/31/2020 12/31/20 | Sold | $168,744 | -0.7% | $93 / Sq Ft | View Prior Sale |
| 11/17/2020 11/17/20 | Pending | -- | -- | -- | |
| 11/07/2020 11/07/20 | For Sale | $170,000 | +178.7% | $93 / Sq Ft | |
| 11/12/2015 11/12/15 | Sold | $61,000 | 0.0% | $68 / Sq Ft | View Prior Sale |
| 11/12/2015 11/12/15 | Sold | $61,000 | -12.7% | $33 / Sq Ft | View Prior Sale |
| 11/01/2015 11/01/15 | Pending | -- | -- | -- | |
| 11/01/2015 11/01/15 | Pending | -- | -- | -- | |
| 08/22/2015 08/22/15 | For Sale | $69,900 | -17.8% | $38 / Sq Ft | |
| 06/08/2015 06/08/15 | For Sale | $85,000 | 0.0% | $94 / Sq Ft | |
| 05/12/2013 05/12/13 | Rented | $650 | -6.5% | -- | |
| 05/07/2013 05/07/13 | Under Contract | -- | -- | -- | |
| 04/18/2013 04/18/13 | For Rent | $695 | -0.7% | -- | |
| 12/29/2012 12/29/12 | Rented | $700 | -3.4% | -- | |
| 12/29/2012 12/29/12 | Under Contract | -- | -- | -- | |
| 10/31/2012 10/31/12 | For Rent | $725 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $265,000 | None Listed On Document | |
| Warranty Deed | $265,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | Liberty Title | |
| Warranty Deed | $204,000 | Liberty Title | |
| Warranty Deed | $204,000 | Liberty Title | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $168,744 | First Premier Title | |
| Warranty Deed | $61,000 | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $42,500 | Chirco Title Agency Inc | |
| Warranty Deed | $22,000 | Fidelity Natl Title Ins Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $212,000 | New Conventional | |
| Closed | $212,000 | New Conventional | |
| Previous Owner | $147,750 | No Value Available | |
| Previous Owner | $45,000 | New Conventional |
Source: Realcomp
MLS Number: 20261007644
APN: 25-23-482-012
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2026 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
- 103 W Dallas Ave
- 376 W Rowland Ave
- 30 W Kalama Ave
- 304 W Kalama Ave
- 438 W Brockton Ave
- 127 E Mahan Ave
- 592 E Dallas Ave
- 555 E Mahan Ave
- 26026 Brush St
- 26059 Brush St
- 634 W Harwood Ave
- 26066 Barrington St
- 872 E Rowland Ave
- 26103 Palmer Blvd
- 568 E Coy Ave
- 896 E Dallas Ave
- 644 E Brickley Ave
- 119 W Mapledale Ave
- 957 E Dallas Ave
- 936 E Mahan Ave
- 95 E Dallas Ave
- 353 W Brockton Ave
- 100 W Harwood Ave
- 641 E Brockton Ave
- 84 W Shevlin Ave
- 861 E Dallas Ave
- 891 E Harwood Ave
- 2224 Guthrie Ave
- 808 Wellesley Ave
- 1198 E Hudson Ave
- 3340 Edgeworth St
- 1410-1450 Lincoln Ave
- 1816 Dallas Ave
- 1045 E Woodward Heights Blvd
- 26505 Northeastern Hwy
- 1918 Moorhouse St
- 3363 Mcdowell St
- 1251 E Woodward Heights Blvd Unit 17
- 429 S Kenwood Ave
- 1241 E Woodward Heights Blvd Unit 5
Ask me questions while you tour the home.