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903 Franklin Street, 
Sandusky, OH 44870

$149,900

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Active

Listed by

Ross M Boesch

Weichert, Realtors-Morgan Realty Group

ross@morganrealtygroup.com

Last updated:

May 30, 2026, 03:13 PM

MLS#

20261659

Source:

OH FMLS

About This Home

903 Franklin Street

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 $149,900, 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.

Home Facts

Multi-Family

Built in 1930

Price Summary

149,900

MLS #:

20261659

Last Updated:

May 30, 2026, 03:13 PM

Added:

24 day(s) ago

Structure

Structure

Year Built:

1930

Lot

Lot Size (Sq. Ft):

3,367

Finances & Disclosures

Finances

Price:

$149,900

Source:OH FMLS
The information being provided by Firelands Association Of REALTORS® Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Firelands Association Of REALTORS® Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.