Welcome to 31 Barrett, a prime upperââ?¬â??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
Madison Heights is located in Michigan. Madison Heights, Michigan has a population of 28,719. Madison Heights is less family-centric than the surrounding county with 24.18% of the households containing married families with children. The county average for households married with children is 32.55%.
The median household income in Madison Heights, Michigan is $58,537. The median household income for the surrounding county is $86,275 compared to the national median of $69,021. The median age of people living in Madison Heights is 41 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 19 degrees. The average rainfall is approximately 33.3 inches per year, with 30.5 inches of snow per year.
