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
For sale
$275,000
31 W Barrett Ave, Madison Heights, MI 48071
4beds
1,584sqft
Multi Family
Built in 1928
-- sqft lot
$273,500 Zestimate®
$174/sqft
$-- HOA
What's special
Two separate units
- 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#: 20261007644
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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
Zestimate®
$273,500
Estimated sales range
$260,000 - $287,000
Rent Zestimate®
$1,393/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/22/2026 | Price change | $275,000-1.4%$174/sqft |
Source: | ||
| 2/17/2026 | Price change | $279,000-0.4%$176/sqft |
Source: | ||
| 2/10/2026 | Price change | $280,000-1.8%$177/sqft |
Source: | ||
| 2/5/2026 | Listed for sale | $285,000+2.2%$180/sqft |
Source: | ||
| 12/30/2025 | Listing removed | $279,000$176/sqft |
Source: | ||
| 9/18/2025 | Listed for sale | $279,000-1.7%$176/sqft |
Source: | ||
| 9/16/2025 | Listing removed | $283,900$179/sqft |
Source: | ||
| 8/21/2025 | Listed for sale | $283,900$179/sqft |
Source: | ||
| 8/21/2025 | Listing removed | $283,900$179/sqft |
Source: | ||
| 7/25/2025 | Price change | $283,9000%$179/sqft |
Source: | ||
| 5/29/2025 | Price change | $284,000-0.4%$179/sqft |
Source: | ||
| 5/10/2025 | Listed for sale | $285,000+7.5%$180/sqft |
Source: | ||
| 5/6/2024 | Sold | $265,000-0.6%$167/sqft |
Source: | ||
| 3/25/2024 | Pending sale | $266,500$168/sqft |
Source: | ||
| 3/22/2024 | Listed for sale | $266,500+30.6%$168/sqft |
Source: | ||
| 12/21/2022 | Sold | $204,000-2.9%$129/sqft |
Source: | ||
| 11/21/2022 | Pending sale | $210,000$133/sqft |
Source: | ||
| 11/11/2022 | Listed for sale | $210,000+24.4%$133/sqft |
Source: | ||
| 8/7/2021 | Listing removed | -- |
Source: Zillow Rental Network_1 Report a problem | ||
| 7/29/2021 | Price change | $1,100+16.4%$1/sqft |
Source: Zillow Rental Network_1 Report a problem | ||
| 7/10/2021 | Listed for rent | $945$1/sqft |
Source: Zillow Rental Network_1 Report a problem | ||
| 1/20/2021 | Sold | $168,744-0.7%$107/sqft |
Source: Public Record Report a problem | ||
| 11/7/2020 | Listed for sale | $170,000+178.7%$107/sqft |
Source: Keller Williams Lakeside #2200092063 Report a problem | ||
| 11/12/2015 | Sold | $61,000-12.7%$39/sqft |
Source: Public Record Report a problem | ||
| 8/17/2015 | Price change | $69,900-12.5%$44/sqft |
Source: Powell Real Estate #215045096 Report a problem | ||
| 6/25/2015 | Price change | $79,900-6%$50/sqft |
Source: Powell Real Estate #215045096 Report a problem | ||
| 6/9/2015 | Listed for sale | $85,000+12976.9%$54/sqft |
Source: Powell Real Estate #215045096 Report a problem | ||
| 5/12/2013 | Sold | $650-98.5% |
Source: Agent Provided Report a problem | ||
| 8/1/2012 | Sold | $42,500$27/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | $27,630 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll 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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 48071
Nearby schools
GreatSchools rating
- 2/10Madison Elementary SchoolGrades: PK-6Distance: 1.1 mi
- 3/10Wilkinson Middle SchoolGrades: 6-8Distance: 0.6 mi
- NAMadison Preparatory High SchoolGrades: 9-12Distance: 1 mi
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