$7,550,000

1035 1st St Sandusky, OH 44870

Estimated payment $38,997/month

Total Views 2,843
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

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.

Listing Agent

Tarina Sidoti

BHHS Professional Realty License #2009004588 Listed on: 01/30/2026

BHHS Professional Realty

Co-Listing Agent

Default zSystem

zSystem Default

Property Details

Home Type

  • Multi-Family

Home Design

Basement

  • Crawl Space

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • 87 Units

Listing and Financial Details

  • Assessor Parcel Number PARCEL ID NOT FOUND

Property Details

Home Type

Multi-Family

Lot Details

0 Sq Ft Lot

Listing Details

  • PropertySubType: Multi Family
  • PropertyType: Residential Income
  • MLS Status: Active
  • Year Built Details: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Foundation Details: Crawl Space

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling Y N: No
  • Heating: See Remarks, Forced Air
  • HeatingYN: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected
  • Water Source: Public

Lot Info

  • Parcel Number: PARCEL ID NOT FOUND

Multi Family

  • Number Of Units Total: 87

Map

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,229 $31,496 $2,061 $29,435
2023 $1,292 $26,855 $2,425 $24,430
2022 $1,430 $26,851 $2,425 $24,426
2021 $1,374 $26,860 $2,430 $24,430
2020 $1,201 $21,570 $2,430 $19,140
2019 $1,234 $21,570 $2,430 $19,140
2018 $1,236 $21,570 $2,430 $19,140
2017 $855 $23,990 $3,150 $20,840
2016 $855 $23,990 $3,150 $20,840
2015 $772 $23,990 $3,150 $20,840
2014 $767 $23,990 $3,150 $20,840
2013 $361 $23,990 $3,150 $20,840
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2026 01/30/26 For Sale $7,550,000 -- --
Source: Firelands Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $56,250 Fidelity National Title
Warranty Deed $70,400 Hartung Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $51,200 Unknown
Source: Public Records

Source: Firelands Association of REALTORS®

MLS Number: 20260276

APN: 57-04013-000

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