31 W Barrett Ave Madison Heights, MI 48071
Madison Heights AreaEstimated payment $1,968/month
Highlights
- Forced Air Heating and Cooling System
- Ceiling Fan
- 5-minute walk to Monroe Park
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
- Block Foundation
- Asphalt Roof
- Aluminum Siding
Interior Spaces
- 2 Full Bathrooms
- 1,584 Sq Ft Home
- Ceiling Fan
- 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,316 | $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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $265,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $204,000 | Liberty Title | |
| Quit Claim Deed | -- | 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $217,500 | New Conventional | |
| Closed | $212,000 | New Conventional | |
| Previous Owner | $147,750 | New Conventional | |
| Previous Owner | $126,558 | New Conventional | |
| Previous Owner | $45,000 | New Conventional |
Source: Realcomp
MLS Number: 20261007644
APN: 25-23-482-012
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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Ask me questions while you tour the home.