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 $141,900, 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.
For sale
Price cut: $7.4K (6/26)
$134,500
903 Franklin St, Sandusky, OH 44870
3beds
2baths
--sqft
Multi Family
Built in 1930
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 61 days |
- 531 |
- 24 |
Zillow last checked:
Listing updated:
Listed by:
Ross M. Boesch 419-656-9404 ross@morganrealtygroup.com,
Weichert, Realtors-Morgan Real
Source: Firelands MLS,MLS#: 20261659Originating MLS: Firelands MLS
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Electric, Baseboard
Features
- Basement: Crawl Space
Interior area
- Total structure area: 0
Property
Parking
- Parking features: Off Street
Features
- Levels: Two
Lot
- Size: 3,367 Square Feet
Details
- Parcel number: 5703097000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
Condition
- Year built: 1930
Utilities & green energy
- Electric: ON
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Southwark Addition
Location
- Region: Sandusky
Financial & listing details
- Tax assessed value: $86,830
- Annual tax amount: $1,185
- Price range: $134.5K - $134.5K
- Date on market: 5/7/2026
- Date available: 01/01/1800
Estimated market value
Not available
Estimated sales range
Not available
$1,511/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2026 | Price change | $134,500-5.2% |
Source: Firelands MLS #20261659 Report a problem | ||
| 6/17/2026 | Price change | $141,900-1.7% |
Source: Firelands MLS #20261659 Report a problem | ||
| 6/3/2026 | Price change | $144,400-3.7% |
Source: Firelands MLS #20261659 Report a problem | ||
| 5/12/2026 | Listed for sale | $149,900+199.8% |
Source: Firelands MLS #20261659 Report a problem | ||
| 8/24/2018 | Listing removed | $675 |
Source: Zillow Rental Network Report a problem | ||
| 7/10/2018 | Listed for rent | $675 |
Source: Zillow Rental Network Report a problem | ||
| 7/9/2018 | Sold | $50,000-16.5% |
Source: Public Record Report a problem | ||
| 5/14/2018 | Pending sale | $59,900 |
Source: Stadtmiller Realty #20176090 Report a problem | ||
| 11/28/2017 | Listed for sale | $59,900+360.8% |
Source: Stadtmiller Realty #20176090 Report a problem | ||
| 8/31/2011 | Sold | $13,000 |
Source: Public Record Report a problem | ||
| 6/3/2011 | Listed for sale | $13,000-86.6% |
Source: isNowListed.com Report a problem | ||
| 12/3/2010 | Sold | $96,881+29.2% |
Source: Public Record Report a problem | ||
| 10/23/2000 | Sold | $75,000+233.3% |
Source: Public Record Report a problem | ||
| 5/1/1996 | Sold | $22,500 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,197 -7% | $30,390 +20.5% |
| 2023 | $1,287 +0.7% | $25,220 |
| 2022 | $1,278 -0.9% | $25,220 |
| 2021 | $1,290 -2.7% | $25,220 +5.8% |
| 2020 | $1,326 -2.7% | $23,830 |
| 2019 | $1,364 -0.1% | $23,830 |
| 2018 | $1,365 +1.3% | $23,830 +1.6% |
| 2017 | $1,348 +0% | $23,450 |
| 2016 | $1,347 +10.4% | $23,450 |
| 2015 | $1,220 +0.6% | $23,450 |
| 2014 | $1,213 +1% | $23,450 |
| 2013 | $1,201 +0.2% | $23,450 |
| 2012 | $1,199 -10.8% | $23,450 -14.8% |
| 2011 | $1,344 +8.7% | $27,510 |
| 2010 | $1,237 -63.2% | $27,510 |
| 2009 | $3,358 +171.2% | $27,510 |
| 2008 | $1,238 +0.1% | $27,510 |
| 2007 | $1,237 +106.8% | $27,510 |
| 2006 | $598 -0.8% | $27,510 +6.5% |
| 2005 | $603 -19.1% | $25,830 |
| 2004 | $745 -44.9% | $25,830 |
| 2003 | $1,354 +20.5% | $25,830 +20.2% |
| 2002 | $1,123 -1% | $21,490 |
| 2001 | $1,135 -1% | $21,490 |
| 2000 | $1,146 | $21,490 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 44870
Nearby schools
GreatSchools rating
- NAThe Sandusky Primary SchoolGrades: K-2Distance: 0.6 mi
- 5/10Sandusky Middle SchoolGrades: 7-8Distance: 1.2 mi
- 3/10Sandusky High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- District: Sandusky
Source: Firelands MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Ohio
- Erie County
- Sandusky
- 44870
- 903 Franklin St
Nearby cities
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Other Sandusky Topics
