1035 1st St, Sandusky, OH 44870
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Property image
OFF MARKET

1035 1st St
Sandusky, OH 44870

  • Studio
Studio

Local Information

  • Map ViewExplore the area around 1035 1st St.
  • Schools1 Preschool School3 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family

Description

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.
1035 1st St, Sandusky, OH 44870 is a studio multi-family. It last sold for $75,000 on May 23, 2022 (99% below the $7,550,000 asking price). It is currently off market. The Trulia Estimate rent is $1,291/month.
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Home Details for 1035 1st St

Interior Features

Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air

Property Information

Property Type / Style
Property Type: Multi Family

Price History for 1035 1st St

DatePriceEventSource
07/02/2026$7,550,000ListingRemovedBHHS broker feed #20260276
01/31/2026$7,550,000Listed For SaleFirelands MLS #20260276
05/23/2022$75,000Sold
N/A
03/10/2017$70,400Sold
N/A

Market trends in Sandusky

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$148K
$7.92KMoM
Sale-to-List Price
—
Price per sq ft
$132
$10MoM
Available listings
101
9MoM
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Property Tax and Assessment

Year2024
Tax$1,292
Assessment$89,990
Home facts updated by county records

Comparable Sales for 1035 1st St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
319 Meigs St, Sandusky, OH
0.47
Multi-Family Home
$69,000
11/25/25
2
1
2,440
1110 3rd St, Sandusky, OH
0.17
Multi-Family Home
$310,000
05/27/26
4
2
3,314
604 Neil St, Sandusky, OH
0.29
Multi-Family Home
$196,000
05/06/26
3
1
-
1034 Warren St, Sandusky, OH
0.39
Multi-Family Home
$160,000
03/13/26
2
1
1,802
516 Franklin St, Sandusky, OH
0.52
Multi-Family Home
$165,000
12/09/25
5
2
2,492
514 Franklin St, Sandusky, OH
0.52
Multi-Family Home
$165,000
12/09/25
5
3
2,058
217-221 Scott St, Sandusky, OH
0.61
Multi-Family Home
$147,500
03/04/26
8
4
5,265
1019 Hancock St, Sandusky, OH
0.59
Multi-Family Home
$160,000
04/29/26
-
-
527 Hancock St, Sandusky, OH
0.62
Multi-Family Home
$150,000
03/25/26
3
3
1,936
628 Hancock St, Sandusky, OH
0.56
Multi-Family Home
$190,000
05/22/26
1
1
-

Nearby homes

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Assigned Schools

These are the assigned schools for 1035 1st St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Sandusky

At least 92 Trulia users voted on each feature.

  • 89 % Say there are sidewalks

  • 82 % Say yards are well-kept

  • 79 % Say parking is easy

  • 76 % Say it's dog friendly

  • 71 % Say car is needed

  • 62 % Say there's holiday spirit

  • 60 % Say kids play outside

  • 55 % Say they plan to stay for at least 5 years

  • 55 % Say streets are well-lit

  • 50 % Say neighbors are friendly

  • 49 % Say people would walk alone at night

  • 47 % Say it's quiet

  • 46 % Say it's walkable to restaurants

  • 46 % Say there's wildlife

  • 25 % Say it's walkable to grocery stores

  • 25 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Ever since moving here a year and a half ago it has been life-changing and more friendly considering I used to live in New York."
    0
    Flag
  • Mbiecheler
    "I have lived in this neighborhood for over 10 years and we love it. The neighbors are amazing and the sense of community is strong! "
    6
    Flag
  • Rachel S.
    "Endless places to walk your dog! And doggie bag posts along the way as well as trash cans and parks! "
    7
    Flag
  • Jrseverjr
    "Not really. Not many sidewalks and gets really busy with cedar point amusement park nearby. I wouldn't feel comfortable walking on the main roads here "
    1
    Flag
  • Thorntondetroit
    "neighbors helping neighbors in a variety of ways, from watching out for one anothers property to help in maintaining it. "
    2
    Flag
  • Laci B.
    "Close to Cedar Point, the roller coaster capital of the world. Smack dab in the middle of both Cleveland and Toledo for easy travel to go to sports games and music/movie events. "
    3
    Flag
  • Deb W.
    "everything in Sandusky is 5 to 10 min away. there are many options for public transportation too. "
    3
    Flag
  • Epankow86
    "its a very quiet neighborhood for the most part. glad to be here instead of my old neighborhood. people take pride in their homes and yards. which wasnt the case where we las lived."
    3
    Flag
  • Airelee P.
    "We have farmers market in the summer and Sandusky is on the rise downtown, up and coming with new stores and lots of business. "
    4
    Flag
  • Anjiegrhm
    "I’ve lived here for almost 10 years and for the most part it’s quiet and I like that. Everyone pretty much Minds their own business but are polite and friendly on the occasion you feel like conversation."
    0
    Flag
  • Thorntondetroit
    "good neighbors well maintained neighborhood. Gas station and convenience store in walking distance. "
    0
    Flag
  • Ljapage
    "It's close to the Cedar Point causeway. It's a neighborhood of off street parking, where we struggle to keep a parking space close to our home. The neighbors and the neighborhood is not welcoming. "
    4
    Flag
  • Sari K.
    "Can walk or bikr downtown 2.3 miles Everything (shopping and services) is within 10 minutes by car."
    0
    Flag

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Apartments for Rent

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Explore by feature - Pet Friendly

8 pet-friendly rentals in Sandusky, OH

Explore by feature - Air Conditioning

20 rentals with air conditioning in Sandusky, OH

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7 rentals with a washer/dryer in Sandusky, OH

Homes for sale near 1035 1st St

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Off Market Homes Near 1035 1st St

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