903 Franklin Street, Sandusky, OH 44870

Building Details

Year built

1930

Floors in Building

2

Building materials

Stucco

Architectural style

Other

Listing agent Ross M Boesch Show Phone

Listing office Weichert, Realtors-Morgan Realty Group a***@hotmail.com 232 Jackson Street, Suite 108, Port Clinton, OH Show Phone

Listing date May 7, 2026

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MLS# 20261659 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.

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Overview

This turnkey two-unit duplex is fully occupied and set up for income on day one. The lower unit is a 2BR/1BA layout and the upper unit is a 1BR/1BA layout, and both residents have recently renewed leases. The property is described as delivering stable rental performance with current occupancy in place.

The duplex is located at 903 Franklin Street in Sandusky, Ohio (Erie County), with remarks citing convenience to downtown amenities. The lot size is listed at 0.0773 acres.

From an ownership perspective, the current expense structure is a key consideration for underwriting. According to the remarks, the owner currently pays upper electric plus the entire building’s water, gas, and trash, which may be a factor buyers will want to review in connection with their operating plan. For buyers seeking a residential income property with two separate units already leased and in place, this duplex offers a straightforward configuration and an immediate path to occupancy-based cash flow. The seller is also noted as a licensed agent in Ohio.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Sandusky

County

Erie

State

Ohio

Longitude

-82.702769

Latitude

41.449858

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FAQs

What type of property is this?

Duplex - Fully occupied duplex with a recently renewed 2BR/1BA lower unit and 1BR/1BA upper unit.

Where is this duplex located?

The property is located at 903 Franklin Street Sandusky, OH.

What is the asking price?

The asking price for this property is $134,500.

What are key features of this property?

This property features: Fully occupied 2‑unit duplex with recently renewed leases for the lower 2BR/1BA and upper 1BR/1BA units; Current net operating income (NOI) of $25,392 annually; Listed at $141,900 with an approximate 16+ cap rate based on provided figures