903 Franklin Street
Sandusky, OH 44870
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Bed
0
Bath
0.08Acre(Lot)
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 im
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Room Information
Basement: Crawl Space -
Roofing Information
Asphalt -
Interior Features
Roof: Asphalt -
Heating & Cooling
Has Heating: Yes Heating: Electric, Baseboard
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Building Information
Year Built: 1930 Construction Materials: Stucco Private Pool: No
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Lot Information
Lot Size Acres: 0.0773 Lot Size Square Feet: 3367Property Information
Subdivision: Southwark Addition Source Property Type: Residential Income Postal Code Plus 4: 3609 Property SubType: Multi Family Property Age: 96
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Listing Price Information
Listing Price: $118500 Original Price: $149900
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Tax Information
Parcel Number: 5703097000 Tax Legal Desc: 39FRANKLIN WH EX N 2RDS EX N1/
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Parking Information
Off Street
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Utility Information
Electricity Connected -
Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 909 First Street, Sandusky, OH, 44870 | $230,000 | -- | -- | -- | |
| 5010 Campbell Street, Sandusky, OH, 44870 | $199,900 | -- | -- | 2,002 | 2,002 SqFt |
| 519 Huron Ave Ave, Sandusky, OH, 44870 | $428,500 | -- | -- | 5,562 | 5,562 SqFt |
| 715 Wayne Street, Sandusky, OH, 44870 | $150,000 | -- | -- | 1,640 | 1,640 SqFt |
| 333 E Washington Street, Sandusky, OH, 44870 | $2,750,000 | -- | -- | 4,527 | 4,527 SqFt |
| 801 Hayes Avenue, Sandusky, OH, 44870 | $749,900 | -- | -- | 13,468 | 13,468 SqFt |
| 1501 Hayes Avenue, Sandusky, OH, 44870 | $199,900 | -- | -- | 3,426 | 3,426 SqFt |
| 831 Decatur Street, Sandusky, OH, 44870 | $259,900 | -- | -- | 2,245 | 2,245 SqFt |
| 811 W Osborne St Street, Sandusky, OH, 44870 | $225,000 | -- | -- | 2,416 | 2,416 SqFt |
| 1618 Mcdonough St, Sandusky, OH, 44870 | $400,000 | -- | -- | 4,666 | 4,666 SqFt |
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ByOwner last updated this listing 08/02/2026 @ 06:22
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