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Off market
  • Tax assessed value
    $89,990

    1035 1st St, Sandusky, OH 44870

    --beds
    --baths
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $1,249 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,249/mo

    Zestimate® history
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    What's special

    A rare opportunity to acquire a large, assembled real estate portfolio spanning 50+ parcels comprised of 36 single-family homes and 11 multifamily properties (87 units) throughout downtown Sandusky, Ohio. This collection of properties creates a substantial footprint across the city's core residential neighborhoods, all within close proximity to the waterfront, downtown business district, and major travel corridors.Offered as a single package, the portfolio provides immediate scale, geographic density, and operational efficiency that would be extremely difficult to replicate through individual purchases.The properties currently generate $76,435 in monthly rental income, with documented market rents supporting approximately $88,100 per month. This reflects an estimated $140,000+ in annual income potential through rent normalization alone. Many leases are at-will or below market, offering a clear path to increased revenue without major renovations.This is a value-add opportunity driven by management and positioning.Beyond current cash flow, the concentration and location of these parcels offer long-term flexibility for future infill, redevelopment potential, or strategic hold as downtown Sandusky continues to benefit from ongoing waterfront and community improvements. This offering combines immediate income with control of a significant residential presence in a highly desirable lakefront market.See Attached Brochure for details.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Source: BHHS broker feed,MLS#: 20260276

    Facts & features

    Interior

    Heating
    • Forced Air
    Features
    • Has basement: No

    Property

    Details
    • Parcel number: 5704013000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family

    Community & neighborhood

    Location
    • Region: Sandusky

    Price history

    DateEventPrice
    7/2/2026Listing removed$7,550,000
    Source: BHHS broker feed #20260276 Report a problem
    1/31/2026Listed for sale$7,550,000+9966.7%
    Source: Firelands MLS #20260276 Report a problem
    5/23/2022Sold$75,000+6.5%
    Source: Public Record Report a problem
    3/10/2017Sold$70,400
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,292 -5.8%$31,500 +17.3%
    2023$1,371 +0.7%$26,860
    2022$1,362 -0.9%$26,860
    2021$1,374 +14.5%$26,860 +24.5%
    2020$1,201 -2.7%$21,570
    2019$1,234 -0.1%$21,570
    2018$1,236 +44.5%$21,570 -10.1%
    2017$855 +336.4%$23,990
    2016$196 -74.6%$23,990
    2015$772 +0.6%$23,990
    2014$767 +112.4%$23,990
    2013$361 -52.3%$23,990
    2012$758 +18.8%$23,990 +3.1%
    2011$638 -7.8%$23,270
    2010$692 +0.4%$23,270
    2009$689 +2.8%$23,270
    2008$671 +0%$23,270
    2007$671 +35.9%$23,270
    2006$494 +2.3%$23,270 +10.2%
    2005$483 -0.4%$21,110
    2004$484 -50.3%$21,110
    2003$975 +20.2%$21,110 +15.1%
    2002$811 -0.3%$18,340
    2001$814 -0.3%$18,340
    2000$817 $18,340

    Find assessor info on the county website

    Neighborhood: 44870

    Nearby schools

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