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 $19,500 Annually Delivers Strong Returns, And At The Current List Price Of $125,000, The Property Projects An Approximate 15+ 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.
Under contract
Price cut: $6.5K (7/21)
$118,500
903 Franklin St, Sandusky, OH 44870
3beds
2baths
--sqft
Multi Family
Built in 1930
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 107 days |
- 193 |
- 9 |
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
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: $118.5K - $118.5K
- Date on market: 5/7/2026
- Date available: 01/01/1800
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,265/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2026 | Contingent | $118,500 |
Source: Firelands MLS #20261659 Report a problem | ||
| 7/21/2026 | Price change | $118,500-5.2% |
Source: Firelands MLS #20261659 Report a problem | ||
| 7/8/2026 | Price change | $125,000-7.1% |
Source: Firelands MLS #20261659 Report a problem | ||
| 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 |
|---|---|---|
| 2025 | $1,185 -1% | $30,390 |
| 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
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
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