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For sale
  • $275,000

    31 W Barrett Ave, Madison Heights, MI 48071

    4beds
    1,584sqft
    : 
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    Multi Family
    Built in 1928
    -- sqft lot
    $273,500 Zestimate®
    $174/sqft
    $-- HOA

    What's special

    Two separate units
    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
    158 days
    |
    361
    |
    31
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Evan Bassy 586-663-0473,

    Keller Williams Paint Creek 248-609-8000

    Source: Realcomp II,MLS#: 20261007644MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Ceiling Fans, Central Air
      Features
      • Basement: Unfinished
      • Has fireplace: No
      Interior area
      • Total interior livable area: 1,584 sqft
      • Finished area above ground: 1,584

      Property

      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered
      • Pool features: None
      Lot
      • Size: 4,356 Square Feet
      • Dimensions: 40.00 x 105.00
      Details
      • Parcel number: 2523482012
      • Zoning description: MultiFamily
      • Special conditions: Short Sale No,Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Bungalow
      • Property subtype: Multi Family
      Materials
      • Aluminum Siding
      • Foundation: Basement, Block
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1928
      • Major remodel year: 2025

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: SLATER PARK SUB
      Location
      • Region: Madison Heights

      Financial & listing details

      • Price per square foot: $174/sqft
      • Tax assessed value: $87,780
      • Annual tax amount: $5,501
      • Date on market: 2/5/2026
      • Cumulative days on market: 158 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,Va Loan

        Estimated market value

        $273,500

        $260,000 - $287,000

        $1,393/mo

        Price history

        DateEventPrice
        2/22/2026Price change$275,000-1.4%$174/sqft
        Source: Realcomp II #20261007644 Report a problem
        2/17/2026Price change$279,000-0.4%$176/sqft
        Source: Realcomp II #20261007644 Report a problem
        2/10/2026Price change$280,000-1.8%$177/sqft
        Source: Realcomp II #20261007644 Report a problem
        2/5/2026Listed for sale$285,000+2.2%$180/sqft
        Source: Realcomp II #20261007644 Report a problem
        12/30/2025Listing removed$279,000$176/sqft
        Source: Realcomp II #20251037675 Report a problem
        9/18/2025Listed for sale$279,000-1.7%$176/sqft
        Source: Realcomp II #20251037675 Report a problem
        9/16/2025Listing removed$283,900$179/sqft
        Source: Realcomp II #20251029667 Report a problem
        8/21/2025Listed for sale$283,900$179/sqft
        Source: Realcomp II #20251029667 Report a problem
        8/21/2025Listing removed$283,900$179/sqft
        Source: Realcomp II #20250033486 Report a problem
        7/25/2025Price change$283,9000%$179/sqft
        Source: Realcomp II #20250033486 Report a problem
        5/29/2025Price change$284,000-0.4%$179/sqft
        Source: Realcomp II #20250033486 Report a problem
        5/10/2025Listed for sale$285,000+7.5%$180/sqft
        Source: Realcomp II #20250033486 Report a problem
        5/6/2024Sold$265,000-0.6%$167/sqft
        Source: Realcomp II #20240017332 Report a problem
        3/25/2024Pending sale$266,500$168/sqft
        Source: Realcomp II #20240017332 Report a problem
        3/22/2024Listed for sale$266,500+30.6%$168/sqft
        Source: Realcomp II #20240017332 Report a problem
        12/21/2022Sold$204,000-2.9%$129/sqft
        Source: Realcomp II #20221060564 Report a problem
        11/21/2022Pending sale$210,000$133/sqft
        Source: Realcomp II #20221060564 Report a problem
        11/11/2022Listed for sale$210,000+24.4%$133/sqft
        Source: Realcomp II #20221060564 Report a problem
        8/7/2021Listing removed--
        Source: Zillow Rental Network_1 Report a problem
        7/29/2021Price change$1,100+16.4%$1/sqft
        Source: Zillow Rental Network_1 Report a problem
        7/10/2021Listed for rent$945$1/sqft
        Source: Zillow Rental Network_1 Report a problem
        1/20/2021Sold$168,744-0.7%$107/sqft
        Source: Public Record Report a problem
        11/7/2020Listed for sale$170,000+178.7%$107/sqft
        Source: Keller Williams Lakeside #2200092063 Report a problem
        11/12/2015Sold$61,000-12.7%$39/sqft
        Source: Public Record Report a problem
        8/17/2015Price change$69,900-12.5%$44/sqft
        Source: Powell Real Estate #215045096 Report a problem
        6/25/2015Price change$79,900-6%$50/sqft
        Source: Powell Real Estate #215045096 Report a problem
        6/9/2015Listed for sale$85,000+12976.9%$54/sqft
        Source: Powell Real Estate #215045096 Report a problem
        5/12/2013Sold$650-98.5%
        Source: Agent Provided Report a problem
        8/1/2012Sold$42,500$27/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$5,316 +2.6%$92,850 +11.1%
        2023$5,181 +13.2%$83,600 +7.8%
        2022$4,578 +63.1%$77,520 +9.1%
        2021$2,806 $71,060 +7.1%
        2020-- $66,330 +12.2%
        2019$2,731 +4.4%$59,130 +41%
        2018$2,615 +4.2%$41,950
        2017$2,510 $41,950 +10.5%
        2016$2,510 $37,960 +15.8%
        2015-- $32,770 +15%
        2014-- $28,500 -14.5%
        2011-- $33,340 -24%
        2010$2,189 $43,890 -32.7%
        2009-- $65,250 +26.2%
        2002-- $51,700 +81.3%
        2001$1,636 +3.1%$28,510 +3.2%
        2000$1,587 $27,630
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 48071

        Getting around

        56 / 100
        Somewhat Walkable
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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