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. Once known as the iconic Wagner Palace, this unique offering includes a mix of commercial and residential space, along with an additional lot zoned for local business. The ground floor features four commercial storefronts, two of which are currently leased by long-term tenants. Three of the commercial units have updated furnaces, with two also offering air conditioning and newer hot water tanks.Upstairs, the property offers three spacious apartments, all occupied by long-term residents. These units have received numerous updates over the past decade, including remodeled kitchens with appliances, newer furnaces, A/C units, hot water tanks, select new windows, and individual laundry. Each residential unit has its own HVAC, hot water, and laundry setup. The beautiful roof was recently completed in 2025, making this an even stronger investment opportunity.Addresses included: 801, 806, 823, and 904 Hayes Ave., along with 901 and 903 Columbus Ave., Sandusky, OH 44870.This is a rare chance to own a recognizable Sandusky property with multiple income streams, long-term tenants, commercial frontage, residential units, and 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.
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.
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.
Well-maintained and updated duplex offering strong cash flow and flexibility for future use. The property features a 3-bedroom, 1-bath lower unit and a 2-bedroom, 1-bath upper unit, both updated and equipped with central air. The lower unit is occupied for $1200 a month on a 6 month lease, while the upper unit vacant remolded and ready to be rented. Tenants responsible for gas and electric, with landlord covering water and rubbish, keeping operating expenses predictable. Property also includes off-street parking for added tenant convenience. Unique value-add opportunity: this property can easily be converted into a spacious 5-bedroom, 2-bath single-family home by removing the front door partition wall ideal for an owner-occupant or resale strategy. Whether you're looking for a turnkey investment or a property with future flexibility, this duplex checks all the boxes.
Check out this CASH FLOWING duplex just blocks away from Sandusky's downtown district. This property would be a wonderful owner occupied property or a great addition to any investors portfolio. (2) One bedroom, one bath units generating $1,725 a month. Tenants are also responsible for their own utilities.
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!
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 income 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.
Excellent investment opportunity in the heart of Sandusky! This fully rented 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. Both units are currently occupied, making this a true turnkey income-producing property. 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.
Don't miss this incredible income-producing opportunity! This property features two houses, each with two spacious apartments, all on two lots (58-01216.000 58-01216.001) lots. With generous room sizes and washer/dryer hookups in every unit, these apartments offer comfort and convenience for tenants. The sale includes four refrigerators and four ranges. Major updates have already been completed, including all newer windows in 1618 and 21 newer windows in 1622 1/2, along with newer entry and screen doors for both houses. Plus, both homes feature glass block windows in the basement with a lifetime guarantee. To make things even easier for an investor, the seller covers water, trash, and insurance. With so many upgrades and minimal maintenance, this is a prime investment opportunity.
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
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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.
