Under Contract
140 S Mansfield Street, Ypsilanti, MI 48197
$199,900
MLS # 26023410 (Michigan Regional Information Center (MichRIC))
3 beds1 bath1,080 sqftBuilt 19610.28 acres
1 / 25
Listing Description
Opportunity awaits on this fully fenced double-lot property in Ypsilanti Township. Featuring a 3-bedroom layout, 2-car garage, hardwood floors beneath existing bedroom carpeting, and solar power improvements completed within the last decade, this property offers strong upside potential for investors, renovators, or buyers looking to build equity through improvements. The home is being sold as-is and will require updates and repairs. Convenient township location with lower township taxes and plenty of outdoor space for future possibilities.
Source: SparkMLS
About this home
3-bedroom, 1-bath, 1,080 sq ft home in Recreation Park in Ypsilanti built in 1961.
Asking $199,900 (about $185/sq ft).
Annual property taxes run approximately $2,668 ($222/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Living Area1,080 sqft
Lot Size0.28 acres
Year Built1961
Stories1
Location
CityYpsilanti
MunicipalityYpsilanti Twp
Zip Code48197
CountyWashtenaw
School DistrictYpsilanti
Construction & Systems
StyleRanch
ConstructionOther
BasementCrawl Space
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesPhone Connected, Natural Gas Connected, Cable Connected
Sale & Financing
Listed5/18/2026
Original Price$219,900
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$2,668
Tax Year2025
Assessed Value$54,323
Parcel #K-11-40-312-005
Source: SparkMLS
Legal Description
YP#91-302 LOTS 301-302 INCL. STEVEN'S RECREATION PARK SUBDIVISION.
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Hillary Ward
The Charles Reinhart Company
Frequently Asked Questions about 140 S Mansfield Street, Ypsilanti, MI 48197
Which school district serves 140 S Mansfield Street, Ypsilanti, MI 48197?
Per MLS# 26023410, 140 S Mansfield Street, Ypsilanti, MI 48197 is in the Ypsilanti boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Ypsilanti directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 26023410, this listing accepts Cash financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 140 S Mansfield Street, Ypsilanti, MI 48197?
Per public tax records, annual property taxes for this property are $2,668 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 140 S Mansfield Street, Ypsilanti, MI 48197 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 140 S Mansfield Street, Ypsilanti, MI 48197 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 140 S Mansfield Street, Ypsilanti, MI 48197?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Washtenaw County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Monthly payment$1,297
Principal & interest$1,297
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
140 S Mansfield Street, Ypsilanti, MI 48197
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Neighborhood
Recreation Park
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Community
Ypsilanti
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County
Washtenaw County
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