# 903 Franklin Street, Sandusky, OH 44870

> **TL;DR:** residential multi family, $149,900, built 1930. Est. $650/mo. Listed 25 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $149,900 |
| Year Built | 1930 |
| Lot Size | 3,367 sqft (0.08 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 25 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $650 |
| **Total** | **$650** |

## Property Highlights

- Built in 1930
- 0.08 acre lot
- 2 stories

## Description

### Agent Description
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.

## Location

- **Address:** 903 Franklin Street, Sandusky, OH 44870
- **County:** Erie
- **Neighborhood:** Southwark Addition
- **Coordinates:** 41.449858, -82.702769
- **Google Maps:** https://www.google.com/maps?q=41.449858,-82.702769

## Listing Agent

- **Name:** Ross M Boesch
- **Brokerage:** Weichert, Realtors-Morgan Realty Group
- **Phone:** (419) 732-0941
- **Email:** ross@morganrealtygroup.com

## Primary Photo

![903 Franklin Street - Primary Photo](http://lh.rdcpix.com/aae47f4a16001586ab2719465c65dac3l-f1662334586r.jpg)

*3 total photos available on [listing page](https://www.propertysimple.com/listing/903-franklin-street-sandusky-oh-44870-20261659)*

---

**MLS#:** 20261659 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/903-franklin-street-sandusky-oh-44870-20261659)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "903 Franklin Street, Sandusky, OH 44870",
  "description": "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 ",
  "url": "https://www.propertysimple.com/listing/903-franklin-street-sandusky-oh-44870-20261659",
  "image": "http://lh.rdcpix.com/aae47f4a16001586ab2719465c65dac3l-f1662334586r.jpg",
  "datePosted": "2026-06-18",
  "price": 149900,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "903 Franklin Street",
    "addressLocality": "Sandusky",
    "addressRegion": "OH",
    "postalCode": "44870",
    "addressCountry": "US"
  },
  "geo": {
    "@type": "GeoCoordinates",
    "latitude": 41.449858,
    "longitude": -82.702769
  },
  "yearBuilt": 1930
}
```