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1035 First Street

Sandusky, OH 44870
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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 in come 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $7,550,000

AD Id : 74199073

MLS Id : 20260276

Year Built : --

County : Erie

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Feature Features

  • Room Information

    Basement: Crawl Space
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air

  • Listing Price Information

    Listing Price: $7550000

  • Tax Information

    Parcel Number: PARCEL ID NOT FOUND

  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
329 Oakland Avenue, Sandusky, OH, 44870 $229,000 -- -- 2,124 2,124 SqFt
732 Warren Street, Sandusky, OH, 44870 $279,000 -- -- --
903 Franklin Street, Sandusky, OH, 44870 $144,400 -- -- --
421 E Adams Street, Sandusky, OH, 44870 $179,900 -- -- --
519 Huron Ave Ave, Sandusky, OH, 44870 $433,500 -- -- 5,562 5,562 SqFt
715 Wayne Street, Sandusky, OH, 44870 $165,000 -- -- 1,640 1,640 SqFt
333 E Washington Street, Sandusky, OH, 44870 $2,995,000 -- -- 4,527 4,527 SqFt
423 Hancock Street, Sandusky, OH, 44870 $259,000 -- -- --
801 Hayes Avenue, Sandusky, OH, 44870 $799,900 -- -- 13,468 13,468 SqFt
219 Center Street, Sandusky, OH, 44870 $101,900 -- -- 1,376 1,376 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange of the Firelands Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Firelands Association of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 06/07/2026 @ 00:32

MLS: 20260276 LISTED BY: Tarina Sidoti, Berkshire Hathaway HomeServices Pro. - Sandusky SOURCE: Firelands Association of REALTORS

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