31 W Barrett Ave Madison Heights, MI 48071
Estimated payment $2,005/month
Highlights
- Bungalow
- Ceiling Fan
- 5-minute walk to Monroe Park
- Forced Air Heating and Cooling System
About This Home
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. Rental certified with Madison Heights and located just minutes from I-696 and I-75, this property is perfectly positioned for convenience and long-term growth. With both units already rented and minimal maintenance required, it’s ideal for investors or owner-occupants looking to live in one unit and rent out the other. Interior access available after an acceptable offer is received. Please do not disturb tenants. Don’t miss out on this cash-flowing duplex listed at a great price of $285,000!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1928
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
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 |
|---|---|---|---|---|
| 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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2025 07/25/25 | Price Changed | $283,900 | 0.0% | $179 / Sq Ft |
| 05/29/2025 05/29/25 | Price Changed | $284,000 | -0.4% | $179 / Sq Ft |
| 05/10/2025 05/10/25 | For Sale | $285,000 | +7.5% | $180 / Sq Ft |
| 05/06/2024 05/06/24 | Sold | $265,000 | -0.6% | $167 / Sq Ft |
| 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 |
| 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 |
| 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 |
| 11/12/2015 11/12/15 | Sold | $61,000 | -12.7% | $33 / Sq Ft |
| 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 | |
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | 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 | |
| Previous Owner | $147,750 | No Value Available | |
| Previous Owner | $126,558 | New Conventional | |
| Previous Owner | $45,000 | New Conventional |
Source: Realcomp
MLS Number: 20250033486
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 2025 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
- 38 E Dallas Ave
- 305 W Hudson Ave
- 44 W Mahan Ave
- 30 W Kalama Ave
- 520 E Hudson Ave
- 313 W Harwood Ave
- 321 W Harwood Ave
- 80 E Mahan Ave
- 125 E Brickley Ave
- 127 E Shevlin Ave
- 634 W Harwood Ave
- 528 E Coy Ave
- 26066 Dartmouth St
- 644 E Brickley Ave
- 5820 Heights Dr Unit 17 / Building 9
- 26122 Barrington St
- 1018 S Stephenson Hwy
- 2404 Rowland Ave
- 626 E Shevlin Ave
- 116 E Mahan Ave
- 27 W Garfield Ave
- 26147 Barrington St
- 2400 Dallas Ave
- 445 W Garfield Ave
- 2224 Guthrie Ave
- 2204 Barrett Ave
- 348 Jeff Keeton Dr Unit Condo
- 2326 Garfield St
- 2298 Browning St
- 2298 Browning St
- 320 Chestnut Ave
- 25512 Miracle Dr
- 1410-1450 Lincoln Ave
- 62 Manatee Ave
- 1045 E Woodward Heights Blvd
- 1251 E Woodward Heights Blvd Unit 13
- 1721 E Lincoln Ave
- 27066 Brettonwoods St
- 27098 Delton St