Excellent investment opportunity in the heart of Sandusky! This duplex offers immediate cash flow and a strong addition to any portfolio. The upper unit features 2 bedrooms and 1 full bathroom, while the lower unit offers 3 bedrooms and 1 full bathroom, providing flexible rental appeal. One unit is currently occupied, one is vacant making this a house hackers dream! Live in one rent the other. Located in a desirable and convenient area near shopping, dining, schools, and major routes, this property is well-positioned for long-term rental demand. Whether you're expanding your portfolio or stepping into investment ownership, this is a smart addition to any portfolio.
Excellent opportunity to own a well-maintained duplex in a desirable location! This income-producing property features two spacious units with long-term tenants who take great care of the property and would love to remain, providing immediate, stable rental income.The lower unit offers 3 bedrooms and is equipped with a gas forced-air furnace and gas water heater. The upper unit features 2 bedrooms and also includes its own gas forced-air furnace and gas water heater.One of the property's standout features is the exceptional garage and workshop space. An approximately 18' x 18' workshop is connected to a 24' x 24' two-car garage, making it perfect for an owner who needs storage or workspace for maintenance of other rental properties, hobbies, or a small business. The garage also offers excellent potential for additional rental income as storage space.Tenants are responsible for their own gas, electric, and garbage, while the owner pays only the water bill, helping keep operating expenses low.Whether you're looking to expand your investment portfolio or purchase a turnkey rental with dependable tenants already in place, this duplex is an outstanding opportunity offering strong cash flow potential, low maintenance, and additional value through its versatile garage and workshop.
Completely updated duplex located just seconds from Firelands Hospital and only minutes from downtown Sandusky! Whether you're looking for an investment property, an owner-occupied home, or a spacious single-family residence, this property offers incredible flexibility.Major updates include a brand-new roof, a completely updated heating system, and new flooring throughout both units, making this a truly move-in-ready opportunity.The lower unit features 2 bedrooms, beautiful new flooring, a huge laundry room, and access to a massive, exceptionally clean basement offering incredible storage space. The upper unit also offers 2 bedrooms, its own private laundry room, and a third-floor loft that would be perfect for a family room, home office, playroom, or additional sleeping area.Outside, you'll love the huge backyard with plenty of room to relax, entertain, garden, or play.This property would make an outstanding owner-occupied home, allowing the buyer to offset a large portion of the mortgage payment with rental income from the second unit. It could also work perfectly as a multi-generational home with a private in-law suite, or be enjoyed as one large single-family residence with an abundance of living space.With Firelands Hospital just seconds away and downtown Sandusky, Lake Erie, shopping, restaurants, and entertainment only minutes away, this is a rare opportunity to own a beautifully updated property in an exceptionally convenient location. Whether you're an investor or searching for your next home, you'll appreciate the quality updates, spacious layout, large yard, and countless possibilities this property has to offer.
1501 Hayes Ave is a beautiful, well-maintained 2-unit property located on the corner of Hayes Ave and W. Osborne, just seconds from the hospital and minutes from Downtown Sandusky and Cedar Point. The lower unit has operated as a hair salon for at least the past 50 years and offers great flexibility to continue as a salon, retail space, office, or other business use. The lower unit is currently vacant, making the transition to the purchaser simple and convenient. With RBB/Residential Business zoning, this property may also offer potential for transient rental use, subject to proper approvals. If desired, the lower level could potentially be converted into living space, creating a spacious open apartment or possibly reconfigured with additional walls to add bedrooms. The upstairs unit is already set up as a very spacious 2-bedroom apartment and includes a fire escape for safe egress. Potential rents are estimated at approximately $1,300 per month for the lower unit and $1,000 per month for the upper unit, giving this property strong income-producing potential in a highly visible and convenient Sandusky location.
Welcome to a rare opportunity to own a landmark property in the heart of Sandusky. Formerly known as the iconic Wagner Palace, this unique mixed-use investment features 4 commercial storefronts, 3 spacious residential apartments, and an additional lot zoned for local business.The commercial level includes four storefronts, two occupied by long-term tenants. Three commercial units have updated furnaces, with two also featuring central air and newer hot water tanks. Upstairs, all three apartments are occupied by long-term tenants and have been updated over the past decade with remodeled kitchens, appliances, newer furnaces, central air, hot water tanks, select replacement windows, and individual laundry. Each apartment has its own HVAC system, hot water tank, and laundry. A beautiful new roof was completed in 2025.The property generates approximately $96,600 in gross annual income with estimated operating expenses of $16,100, resulting in an impressive Net Operating Income of approximately $80,500 per year.Includes 801, 806, 823 & 904 Hayes Ave. and 901 & 903 Columbus Ave., Sandusky, OH. A rare opportunity to own one of Sandusky's most recognizable investment properties offering multiple income streams, long-term tenants, commercial frontage, residential units, and outstanding future potential.
Beautiful 5-unit apartment property located on the corner of E. Perkins and and Putnam just on the edge of Sandusky near Perkins Township. This well maintained investment property offers a strong rental setup with tenants paying their own electric and heat, while the owner currently pays for gas for hot water and garbage.The property features a great unit mix, including a 2-bedroom second-floor unit, a 2-bedroom first-floor unit, a 1-bedroom first-floor unit, a 1-bedroom stand-alone home, and a first-floor efficiency. This setup gives an investor multiple income streams with a variety of unit types that appeal to different rental needs.The property has been very well cared for and includes an extremely clean basement, two boilers that are approximately 2 years old, water heater that is approximately 2 years old and roof is about 10 years old with much life left. There is also a one-car garage for storage and enough off-street parking for approximately 10 cars, which is a major benefit for a multi-unit property.As it currently sits, the property offers a solid cap rate, but with a few minor adjustments, there is potential to increase the cap rate up to approximately 15.5%, making this an excellent income-producing opportunity.This property could also be an excellent owner-occupied opportunity. Live in one unit and let the rental income from the other units help pay your mortgage. Whether you are an experienced investor, a first-time investor, or someone looking to reduce your monthly housing cost, this property offers strong income potential, a convenient Sandusky location, valuable parking, updated mechanicals, and upside for future returns.
The Washington is a professionally remodeled 8‑unit vacation rental property positioned in one of Sandusky's most desirable corridors. Located at 333 E. Washington, this landmark building blends historic character with modern upgrades, creating a turnkey investment opportunity in a market known for strong tourism and year‑round demand.Each unit has been thoughtfully updated to support guest comfort, operational efficiency, and consistent occupancy. The building's scale, layout, and recent improvements make it well suited for continued short‑term rental use or for an investor seeking a stable, income‑producing asset with long‑term upside. Its location offers quick access to the waterfront, marinas, downtown restaurants, Cedar Point, and major regional attractions, enhancing both appeal and performance.The Washington stands out as a rare combination of architectural charm, professional renovation, and proven rental potential in a growing destination market.Financial information is available with a signed non‑disclosure agreement and proof of funds or buyer financing.
7-unit historic brick multifamily building in downtown Sandusky, Ohio. Featuring a mix of two 2-bedroom, two 1-bedroom, and three efficiency units with large rear parking. Major capital improvements already completed including a new roof in 2024 and four new furnaces in 2023, with cosmetic updates throughout most units. Professionally managed and truly turnkey for the next owner.
Investor's Dream! This newly renovated duplex is ideally located just minutes from Cedar Point, Kalahari Water Park, and Lake Erie Arms, making it a prime addition to any investment portfolio. The property is currently bringing in $3,000 per month. With low yearly expenses and insurance at $1,117 and taxes at $1,662 for a combined total of $2,779 you'll enjoy an impressive net income. Both units have been extensively updated, featuring separate electric, upgraded HVAC and AC, tankless hot water systems, rebuilt kitchens and bathrooms, and brand-new appliances. Outside, the property includes a detached garage, a driveway, and a backyard that adds appeal for tenants. This is a truly turnkey opportunity. Make it yours and start enjoying immediate income!
Andrea D. Conner, License BRKP.2017002935, Xome Inc., License REC.2015001703, [email protected], 844-400-XOME (9663), 11427 Read Hartman Hwy, Suite 236, Cincinnati, OH 45241
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. Copyright 2026, Firelands Association of REALTORS, all rights reserved.
Sandusky is located in Ohio. Sandusky, Ohio has a population of 25,066. Sandusky is less family-centric than the surrounding county with 14.64% of the households containing married families with children. The county average for households married with children is 21.06%.
The median household income in Sandusky, Ohio is $42,140. The median household income for the surrounding county is $60,149 compared to the national median of $69,021. The median age of people living in Sandusky is 36.9 years.
The average high temperature in July is 81.6 degrees, with an average low temperature in January of 20 degrees. The average rainfall is approximately 34.6 inches per year, with 23.6 inches of snow per year.
