432 E Washington Street Sandusky, OH $ 1,450,000
432 E Washington Street
$ 1,450,000
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432 E Washington Street

Sandusky, OH, 44870
$ 1,450,000
Baths0.0 Sq 12,258

Monthly Estimate*

$ 9,637

432 E Washington Street, Sandusky, OH 44870 - Image 1
Studio

Multi-Family Home for sale in Sandusky, OH

for $1,450,000. This 12,258 square foot home was built in 1975 on a lot size of 0.5.

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

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Multi-Family Active

Price

$ 1,450,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 8,356

Style

Multiple Units

Lot Size

0.5

Year Built

1975

Town/City

Sandusky

County/Region

Erie

MLS | Web ID

20250366

Features
General
Sewer Public Sewer
Heating Gas
Possession TBD
Garage Spaces 0.00
Year Built 1975
Property Subtype Multiple Units
Tax Year 2024
Gross Income 113573.24
County Erie
Net Operating Income 73662.68
Operating Expense 39910.56
Property Type Multiple Units
Close Price 0.00
Status Active
City Sandusky
MLS Area N/A
Lot Size Units Acres
Lot Size Square Feet 21780.00
Waterfront Y/N No
Home Warranty Y/N 0
Availability Date 1800-01-01
Legal Description 26 WASHINGTON ST EX S 4 1/2' E
Interior
Basement Full
3/4 Baths 0
Exterior
Parking Features Paved Drive Off Street
Water Source Public
Lot Size Acres 0.5000
Internal Only
Street Number 1 432
* Excluded Features
List By
Tarina M. Sidoti

Listing Agent

Bhhs Professional Realty

Broker

(419) 706-2365

Phone

Affordability Calculator

$10,333
Per Month
93%
7%
0%
Monthly Principal & Interest
$9,637
Monthly Property Taxes
$696
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1272019 Elementary School
1271802 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/24/2025$1,450,000 -8.81% Price Down
2/23/2025$1,590,000 -0.56% Price Down
2/5/2025$1,599,000 Listed Price

Map


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432 E Washington Street, Sandusky, OH, 44870 is a Multi-Family Home for sale at $1,450,000 with 12,258 sqft and a lot size of 0.5. 432 E Washington Street is a studio with 0.0 baths and was built in 1975. The property's zip code is 44870 which is in Sandusky, OH