$1,450,000
$149K PRICE DROP

422 E Adams St Sandusky, OH 44870

Estimated payment $8,582/month

Total Views 25,589
-- Bed
-- Bath
12,258 Sq Ft
$118 Price per Sq Ft

Highlights

  • 0.5 Acre Lot
  • Cooling System Mounted In Outer Wall Opening
  • 3-minute walk to Huron Park
  • Brick or Stone Mason
  • Forced Air Heating System

About This Home

Prime Downtown Sandusky, Ohio Investment Opportunity!!!!Seize a rare chance to own an entire city block in the heart of Downtown Sandusky, Ohio, just two blocks from the waterfront. This versatile portfolio includes a 12-unit apartment building, a quadplex (4 units), a private parking lot, and a vacant buildable lotideal for future development.Highlights:✅ 12 of 16 units fully upgraded with modern finishes✅ Flexible development potential with full-block frontage✅ Surrounded by new homes valued over $1 million✅ Located near shops, dining, entertainment, and the waterfront✅ Benefiting from multi-million-dollar city improvements: bike trails, grass medians, and upgraded streets✅ Buildable lot included for added growth opportunitiesPerfect for investors seeking a cash-flowing asset with room for creative expansion in one of Ohio's fastest-growing lakefront communities.📞 Contact us today to learn more!AGENT RELATED TO OWNER

Listing Agent

Tarina Sidoti

BHHS Professional Realty License #2009004588 Listed on: 02/05/2025

BHHS Professional Realty

Co-Listing Agent

Default zSystem

zSystem Default

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,358

Year Built

  • Built in 1975

Lot Details

  • 0.5 Acre Lot

Home Design

  • Brick or Stone Mason

Interior Spaces

  • 12,258 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Range

Parking

  • Paved Parking
  • Open Parking
  • Off-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 5600067000

Community Details

Overview

  • 16 Units

Building Details

  • Operating Expense $39,911
  • Gross Income $113,573
  • Net Operating Income $73,663

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,358

Year Built

Built in 1975

Lot Details

0

Listing Details

  • PropertySubType: Multi Family
  • PropertyType: Residential Income
  • Lot Size Acres: 0.5
  • NAV29_Unit_1_Appliances: Range, Refrigerator
  • Total Gross Income: 113573.24
  • MLS Status: Active
  • ResoBuildingAreaSource: Public Records
  • Carport Y N: No
  • Living Area: 12258
  • Year Built: 1975
  • Tax Year: 2024
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Basement

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Paved, Off Street

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 21780
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 5600067000
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 16
  • Net Operating Income: 73662.68
  • Annual Operating Expense: 39910.56

Tax Info

  • Tax Annual Amount: 8357.7

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2025 03/24/25 Price Changed $1,450,000 -8.8% $118 / Sq Ft
02/23/2025 02/23/25 Price Changed $1,590,000 -0.6% $130 / Sq Ft
02/05/2025 02/05/25 For Sale $1,599,000 -- $130 / Sq Ft
Source: Firelands Association of REALTORS®

Source: Firelands Association of REALTORS®

MLS Number: 20250366

Ohio Erie County Sandusky 44870

422 E Adams St, Sandusky, OH

This home is located at 422 E Adams St, Sandusky, OH 44870 and is currently priced at $1,450,000, approximately $118 per square foot. This property was built in 1975. 422 E Adams St is a home located in Erie County with nearby schools including Sandusky High School, Monroe Preparatory Academy, and Sandusky Central Catholic School.

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Tarina Sidoti
Listing Agent
Tarina Sidoti
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BHHS Professional Realty
(419) 567-8298