1501 Hayes Avenue Sandusky, OH $ 199,900
1501 Hayes Avenue
$ 199,900
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1501 Hayes Avenue

Sandusky, OH, 44870
$ 199,900
Baths0.0 Sq 3,426

Monthly Estimate*

$ 1,231

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Studio

Multi-Family Home for sale in Sandusky, OH

for $199,900. This 3,426 square foot home was built in 1940 on a lot size of 0.367.

1501 Hayes Ave is a beautiful, well-maintained 2-unit property located on the corner of Hayes Ave and W. Osborne, just seconds from the hospital and minutes from Downtown Sandusky and Cedar Point. The lower unit has operated as a hair salon for at least the past 50 years and offers great flexibility to continue as a salon, retail space, office, or other business use. The lower unit is currently vacant, making the transition to the purchaser simple and convenient. With RBB/Residential Business zoning, this property may also offer potential for transient rental use, subject to proper approvals. If desired, the lower level could potentially be converted into living space, creating a spacious open apartment or possibly reconfigured with additional walls to add bedrooms. The upstairs unit is already set up as a very spacious 2-bedroom apartment and includes a fire escape for safe egress. Potential rents are estimated at approximately $1,300 per month for the lower unit and $1,000 per month for the upper unit, giving this property strong income-producing potential in a highly visible and convenient Sandusky location.

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Multi-Family Active

Price

$ 199,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,546

Style

Duplex

Lot Size

0.367

Year Built

1940

Town/City

Sandusky

County/Region

Erie

MLS | Web ID

20262265

Features
General
Sewer Public Sewer
Heating Gas
Possession At Closing
Garage Spaces 0.00
Architectural Style 2 Story
Extras Refrigerator
Year Built 1940
Age 0
Property Subtype Duplex
Tax Year 2026
Auction No
Gross Income 27600.00
County Erie
Net Operating Income 21960.00
Operating Expense 5640.00
Property Type Multiple Units
Close Price 0.00
Status Active
City Sandusky
High School District Sandusky
Zoning Description RRB (Residential/Business)
MLS Area N/A
Lot Size Units Acres
Lot Size Square Feet 15987.00
Home Warranty Y/N 0
Availability Date 1800-01-01
Legal Description 1 HAYES AVE NE COR 32'X61'
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Interior
Basement Full
Heating System Hot Water
Electricity ON
3/4 Baths 0
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Exterior
Water Source Public
Flood Plan Unknown
Exterior Construction Composition
Substructure Basement
Lot Dimensions 32 x 60 irregular
Lot Size Acres 0.3670
Waterfront Y/N No
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Internal Only
Street Number 1 1501
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* Excluded Features
List By
Jeffrey S. Smith

Listing Agent

Bhhs Professional Realty

Broker

(419) 239-3472

Phone

Affordability Calculator

$1,360
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,231
Monthly Property Taxes
$129
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
Pricing History
DatePricePrice ChangeDescription
6/16/2026$199,900 Listed Price

Map


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1501 Hayes Avenue, Sandusky, OH, 44870 is a Multi-Family Home for sale at $199,900 with 3,426 sqft and a lot size of 0.367. 1501 Hayes Avenue is a studio with 0.0 baths and was built in 1940. The property's zip code is 44870 which is in Sandusky, OH