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903 Franklin Street Sandusky, OH $ 149,900
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$ 149,900 Get more info
903 Franklin Street
$ 149,900
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903 Franklin Street

Sandusky, OH, 44870
$ 149,900
Baths0.0

Monthly Estimate*

$ 923

903 Franklin Street, Sandusky, OH 44870 - Image 1
903 Franklin Street, Sandusky, OH 44870 - Image 2
903 Franklin Street, Sandusky, OH 44870 - Image 3
Studio

Multi-Family Home for sale in Sandusky, OH

for $149,900. This home was built in 1930 on a lot size of 0.0773.

Turnkey duplex investment with immediate cash flow in Sandusky! This fully occupied 2-unit property features a 2BR/1BA lower unit and 1BR/1BA upper unit, both with recently renewed leases, providing stable, day-one income.Current net operating income of $25,392 annually delivers strong returns, and at the current list price of $149,900, the property projects an approximate 16+ cap rate - a rare opportunity for both new and seasoned investors.Owner currently pays upper electric along with entire building water, gas, and trash, offering clear upside through expense optimization and increased long-term yield.Proven rental history, strong tenant demand, and a convenient location near downtown amenities make this an ideal addition to any portfolio or a great entry point for investors seeking immediate cash flow with future upside. Owner is licensed agent in Ohio.

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Multi-Family Active

Price

$ 149,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,184

Style

Multiple Units

Lot Size

0.0773

Year Built

1930

Town/City

Sandusky

County/Region

Erie

MLS | Web ID

20261659
Features
General
Sewer Public Sewer
Heating Electric
Possession At Closing
Garage Spaces 0.00
Architectural Style 2 Story
Year Built 1930
Age 0
Property Subtype Multiple Units
Tax Year 0
Auction No
Gross Income 25392.00
County Erie
Net Operating Income 0.00
Operating Expense 0.00
Property Type Multiple Units
Subdivision Name Southwark Addition
Close Price 0.00
Status Active
City Sandusky
High School District Sandusky
MLS Area N/A
Lot Size Units Acres
Lot Size Square Feet 3367.00
Home Warranty Y/N 0
Availability Date 1800-01-01
Legal Description 39FRANKLIN WH EX N 2RDS EX N1/
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Interior
Heating System Baseboard
Electricity ON
3/4 Baths 0
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Exterior
Parking Features Off Street
Water Source Public
Flood Plan Unknown
Exterior Construction Stucco
Substructure Crawl Space
Lot Size Acres 0.0773
Waterfront Y/N No
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Internal Only
Street Number 1 903
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* Excluded Features
List By
Ross Boesch

Listing Agent

Sandusky - Weichert, Realtors - Morgan Realty Group

Broker

Affordability Calculator

$1,022
Per Month
90%
10%
0%
Monthly Principal & Interest
$923
Monthly Property Taxes
$99
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1271948 Elementary School
1271821 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
5/7/2026$149,900 Listed Price

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903 Franklin Street, Sandusky, OH, 44870 is a Multi-Family Home for sale at $149,900 with a lot size of 0.0773. 903 Franklin Street is a studio with 0.0 baths and was built in 1930. The property's zip code is 44870 which is in Sandusky, OH

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