Sandusky Multifamily Investment
1415 Central Avenue, Sandusky, OH 44870
- Added:
- Apr 14, 2026
- Days on Market:
- 33
- Last Refresh:
- May 16 at 2:06 pm
Property Features for 1415 Central Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Open, Carport, Garage - Detached
- Standard status
- Active Under Contract
- APN
- 5800592000
- Lot size
- 18,160.00 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Hot Water(Heating)
- Water source
- Public
Building Details
- Year built
- 1910
- Floors in Building
- 2
- Building materials
- Brick
- Architectural style
- Other
Listing agent Ross M Boesch (419) 732-0941
Listing office Weichert, Realtors-Morgan Realty Group 232 Jackson Street, Suite 108, Port Clinton, OH (419) 502-1022
Listing date Apr 14, 2026
MLS# 20261276
Listing URL
Copyright © 2026 Firelands MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Strong in‑place tenant base with value‑add upside in a proven rental corridor.
- Unit 1 features a long‑term (10+ year) tenant, 2 bedrooms (potential 3rd), 1.5 baths, private basement access, and in‑unit laundry hookup.
- Two garage spaces included with Unit 1, an uncommon amenity for the market.
- Balanced unit mix with long‑term tenancy supports consistent cash flow and reduced turnover risk.
- Units 2 and 3 have established tenancy with recently renewed leases.
- Unit 4 vacancy in late May presents an immediate opportunity to capture market rent or pursue an owner‑occupant strategy.
Overview
This stabilized 4-unit multifamily property is located in Sandusky, Ohio, within an established rental area. The property offers a strong existing tenant base and potential for increased value. It features a mix of unit sizes and long-term tenants, which supports consistent cash flow and reduces turnover risk. Unit 1 is a large unit with 2 bedrooms (with potential for a 3rd), 1.5 bathrooms, and occupies the entire first floor. It includes private basement access and in-unit laundry hookups. The tenant in this unit has been in place for over 10 years, actively monitors the property, and has access to two garage spaces. Units 2 and 3 are each 1-bedroom, 1-bathroom units with established tenants since 2021, with recently renewed leases entering their 3rd year. Unit 4, featuring 2 bedrooms and 1 bathroom, will be vacated in late May, presenting an opportunity to capture market rent or pursue an owner-occupant strategy. The owner is responsible for all utilities except cable and internet. The lot size is 18160 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Sandusky
- County
- Erie
- State
- Ohio
- Longitude
- -82.714709
- Latitude
- 41.443074
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Stabilized 4-unit property with value-add potential in Sandusky, Ohio.
Where is this quadplex located?
The property is located at 1415 Central Avenue Sandusky, OH.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Strong in‑place tenant base with value‑add upside in a proven rental corridor.; Unit 1 features a long‑term (10+ year) tenant, 2 bedrooms (potential 3rd), 1.5 baths, private basement access, and in‑unit laundry hookup.; **Two garage spaces included with Unit 1**, an uncommon amenity for the market.
