Search
Duplex With Garage
For Sale
$299,000

351 S Mansfield St, Ypsilanti, MI 48197

The property combines two leased residential units with a separately leased garage.

Property SizeContact for details
Days on Market8

Property Features for 351 S Mansfield St

General Information

Standard status Active
Property subtype Investment
Occupancy 100%

Units

Unit Mix 1 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units 2

Additional Details

Gross Income $38,460

Taxes and HOA fees

Annual Taxes $5,635

Amenities

in-unit washer/dryer

Building Details

Year Built 1950
Units 2
Listing Agency: The Charles Reinhart Company
Listed By: Ayad Ridha · License #6506044647
Source: Elliman
Added: Aug 14 Changed: Aug 17 Last Checked: Aug 20 at 7:45AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Charles Reinhart Company

Investment Insights

Based on property information with market context.

This 1950-built duplex contains two residential units and a garage, with each space leased separately. The larger residence offers three bedrooms, one bathroom, and an in-unit washer and dryer; its lease runs through 7/26/27. The second unit includes two bedrooms and one bathroom, with a lease extending to 8/1/27. The garage is leased through 11/14/26.

Property improvements include a roof installed in 2015 and some newer HVAC equipment. The address is 351 S Mansfield St, YpsilantiCity_Washtenaw, MI 48197. Walk Score is 91, Bike Score is 66, and Transit Score is 57.

Key Highlights

  • Two‑unit duplex with a separately leased garage
  • Unit 1 includes 3 bedrooms, 1 bathroom, and an in‑unit washer and dryer
  • Unit 2 includes 2 bedrooms and 1 bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Kitchen & Bath Showroom HVAC Service Skin Care Clinic Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

216
Businesses Nearby

Demographics for 48197, MI

67,895
Population
28,649
Households
2.4
Avg Household Size
33
Median Age
47%
College-Educated
94%
High-School Grad
41.2 sq mi
ZIP Area
1,648
Density / Sq Mi
$70,913
Median Household Income
$39,314
Median Earnings
$1,203
Median Rent
$274,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - The property combines two leased residential units with a separately leased garage.
Where is this duplex located?
The property is located at 351 S Mansfield St Ypsilanti, MI.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Two‑unit duplex with a separately leased garage; Unit 1 includes 3 bedrooms, 1 bathroom, and an in‑unit washer and dryer; Unit 2 includes 2 bedrooms and 1 bathroom
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message