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Sold for $265,000
    • $265,000

    31 W Barrett Ave, Madison Heights, MI 48071

    4beds
    1,584sqft
    Duplex
    Built in 1928
    -- sqft lot
    $272,100 Zestimate®
    $167/sqft
    $1,435 Estimated rent

    Home value

    $272,100

    $258,000 - $286,000

    $1,435/mo

    Zestimate® history
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    What's special

    This exceptional investment opportunity is conveniently located just minutes away from downtown Royal Oak, with quick access to I-696 and I-75! Featuring two distinct units, each boasting 2 bedrooms and 1 full bathroom, this property is rental certified by Madison Heights. It underwent inspection in April 2023. Front porch was rebuilt and upper unit bathroom was updated in April 2023. Please note that showings are not permitted until an offer has been accepted. Both units are currently tenant occupied until August 2025.

    Zillow last checked:

    Listing updated:

    Listed by:

    Andrea Stephan 586-216-6990,

    The Stephan Group

    Bought with:

    Andrea Stephan, 6502432679

    The Stephan Group

    Source: Realcomp II,MLS#: 20240017332MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air, Natural Gas
    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
    • Pool features: None
    Lot
    • Size: 4,356 Square Feet
    • Dimensions: 40 x 35
    Details
    • Parcel number: 2523482012
    • Zoning description: MultiFamily
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Duplex
    • Property subtype: Duplex
    Materials
    • Aluminum Siding
    • Foundation: Basement, Block
    Condition
    • New construction: No
    • Year built: 1928

    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: $167/sqft
    • Tax assessed value: $83,600
    • Annual tax amount: $5,245
    • Date on market: 3/22/2024
    • Cumulative days on market: 6 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,Va Loan

    Price history

    DateEventPrice
    9/2/2026Listing removed$275,000$174/sqft
    Source: Realcomp II #20261007644 Report a problem
    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
    6/25/2015Listed for sale$79,900+12192.3%$50/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
    2025$5,940 +11.7%$100,530 +8.3%
    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

    Neighborhood: 48071

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    Estimated market value
    $272,100
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    Estimated market value
    $272,100

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