The MJA CompanyNational Realty Centers (248) 780-8944
505 E Guthrie Avenue, Madison Heights, MI 48071505 E Guthrie Avenue, Madison Heights, MI 48071 photo 2505 E Guthrie Avenue, Madison Heights, MI 48071 photo 3505 E Guthrie Avenue, Madison Heights, MI 48071 photo 4505 E Guthrie Avenue, Madison Heights, MI 48071 photo 5
$120,000 For sale

505 E Guthrie Avenue

Madison Heights, MI 48071

2beds
1baths
545sqft
0.09acres
1942built
$220per sqft
9days listed

Single Family Residence · MLS # 20261089127 · Listing courtesy of Berkshire Hathaway HomeServices Kee Realty Bham

About this home

Step into this beautifully refreshed 2-bedroom, 1-bathroom Madison Heights gem — a fully turn-key home that’s ready for your next chapter. Whether you’re a first-time buyer, looking to downsize, or hunting for a high-demand rental, this 545 sq. ft. corner-lot cutie delivers big impact in a compact footprint. Inside, you’ll love the brand-new LVP flooring, fresh paint, and a completely updated kitchen featuring granite countertops, new appliances, and modern finishes that make cooking feel like a treat. The updated bathroom continues the clean, contemporary vibe — move in and enjoy without lifting a finger. Outside, the home sits on a corner lot with a fully fenced backyard, perfect for pets, gardening, or creating your own outdoor hangout space. And with easy freeway access, your commute, errands, and weekend adventures stay effortlessly convenient. This is the kind of home that checks all the boxes: updated, low-maintenance, and positioned in one of Madison Heights’ most accessible pockets. Turn the key and start living — or start earning — right away. This home may offer attractive financing options. Please consult your real estate professional for details.

Interior

Bedrooms2
Full baths1
Half baths0
Living area545 sqft
AppliancesFree Standing Gas Oven, Free Standing Refrigerator, Microwave, Washer Dryer Stacked
LaundryElectric Dryer Hookup, Washer Hookup
LevelsOne

Systems and utilities

HeatingForced Air, Natural Gas
Water heaterElectric
WaterPublic
SewerPublic Sewer

Exterior and lot

StyleRanch
Year built1942
Year remodeled2026
ConstructionAluminum Siding
FoundationCrawl Space
Garage spaces0
ParkingNo Garage
Lot size0.09 acres
Lot dimensions40X106
Patio and porchPatio, Porch
Exterior featuresAwnings
Other structuresSheds
PoolNone

Taxes, HOA and more

Annual taxes$2,961
Summer taxes$2,321
Winter taxes$640
SubdivisionJOHN R PARK
MunicipalityMadison Heights
CountyOakland
PossessionAt Close
Sale termsCash, Conventional
Special conditionsShort Sale No, Standard

Schools

School districtMadison Madison Hts

How it compares in Madison Heights

Over the last 90 days, 91 homes sold in Madison Heights for a median of $230,000, about $158 per square foot, and the typical one went under contract in 14 days. This home is listed at $120,000, or $220 per square foot, 39% above the city median, and has been on the market 9 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Madison Heights sales or ask us for the comparable sales on this one.

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes when listed. Ask us for a lender quote.

Location

IDX information provided courtesy of Realcomp II Ltd. via The MJA Company at National Realty Centers, © 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data updated Nov 14, 2026, 5:27 PM.

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