514 Franklin St Sandusky, OH 44870
Estimated payment $1,110/month
Highlights
- Thermal Pane Windows
- Heating System Uses Natural Gas
- 1-minute walk to Huron Park
- 4 Car Garage
About This Home
Great Income-Producing Duplex with a bonusGarage/Workshop! Don't miss this fantastic money-making opportunity! This beautiful duplex features two spacious 2-bedroom unit up and a 2 bedroom unit down. The property is well-maintained and full of character, offering strong rental potential. Owner currently covers gas/heat, water, and garbage; tenants responsible for their own electric.Bonus: A 4-car garage/workshop in the back adds incredible value perfect for storage, projects, or additional rental income. Whether you're a seasoned investor or just getting started, this is a smart addition to your portfolio! *** Property next door is also listed for sale and would be a good combo purchase Seller is selling portfolio of 3 SFR's and 2 Duplexes. If interested in the entire portfolio, more properties could be added.
Co-Listing Agent
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,586
Year Built
- Built in 1896
Lot Details
- 5,676 Sq Ft Lot
- Lot Dimensions are 43 x 132
Parking
- 4 Car Garage
Home Design
- Duplex
- Vinyl Siding
Interior Spaces
- 2,058 Sq Ft Home
- 2-Story Property
- Thermal Pane Windows
- Range
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Utilities
- No Cooling
- Heating System Uses Natural Gas
- 100 Amp Service
Listing and Financial Details
- Assessor Parcel Number 5600500000
Community Details
Overview
- 2 Units
Building Details
- Operating Expense $8,440
- Gross Income $24,000
- Net Operating Income $15,560
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,586 | $40,270 | $3,608 | $36,662 |
2023 | $1,586 | $31,755 | $2,828 | $28,927 |
2022 | $1,610 | $31,755 | $2,828 | $28,927 |
2021 | $1,625 | $31,760 | $2,830 | $28,930 |
2020 | $779 | $14,000 | $2,830 | $11,170 |
2019 | $1,646 | $28,760 | $2,830 | $25,930 |
2018 | $1,648 | $28,760 | $2,830 | $25,930 |
2017 | $1,683 | $29,280 | $3,680 | $25,600 |
2016 | $1,870 | $29,280 | $3,680 | $25,600 |
2015 | $1,719 | $29,280 | $3,680 | $25,600 |
2014 | $1,717 | $29,280 | $3,680 | $25,600 |
2013 | $1,709 | $29,280 | $3,680 | $25,600 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/20/2025 06/20/25 | For Sale | $179,900 | -- | $87 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $90,000 | -- | |
Warranty Deed | $80,000 | Southern Title Of Ohio Ltd | |
No Value Available | -- | -- | |
Deed | $51,200 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | -- | No Value Available | |
Previous Owner | $50,000 | Future Advance Clause Open End Mortgage | |
Previous Owner | $46,050 | New Conventional |
Source: Firelands Association of REALTORS®
MLS Number: 20252104
APN: 56-00500-000
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