16 Columbus Street, Bedford, OH, 44146

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$335,000
77 Days On Site

16 Columbus Street
Bedford, OH 44146

For Sale|Triplex|Active
5
Beds
3
Total Baths
1
Full Bath
2
Partial Baths
3,708
SqFt
$90
/SqFt
1920
Built
Subdivision:
Bedford
County:
Cuyahoga
Call Now: 330-440-3253
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330-440-3253
16 Columbus Street16 Columbus Street16 Columbus Street16 Columbus Street
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Generate $3,550/month in rental income today with projected cash flow of nearly $1,000/month after debt service using typical financing. Located in Historic Downtown Bedford, this fully occupied mixed-use investment offers diversified income with two street-level commercial suites and one spacious 5-bedroom, 1-bath apartment. The salon and boutique each pay $900/month on month-to-month leases and have expressed interest in renewing, giving new ownership the opportunity to secure longer lease terms while increasing rents. The remodeled residential unit rents for $1,750/month and features updated LVP flooring, new kitchen cabinets and countertops, in-suite laundry, and two new hot water tanks. The commercial spaces have also been tastefully updated by their tenants. Current financials produce a 7.58% cap rate with a projected 9.05% cap rate through market rent adjustments, equating to approximately $326 per unit, per month in projected cash flow after debt service before principal paydown. Walkable to restaurants, shops, parks, and local businesses with convenient access to I-271 and I-480. Complete financial package and video walkthrough available upon request.

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Listing Snapshot
Price 
$335,000
Days On Site 
77 Days
Bedrooms 
5
Inside Area (SqFt) 
3,708 sqft
Total Baths 
3
Full Baths 
1
Partial Baths 
2
Lot Size 
0.1025 Acres
Year Built 
1920
MLS® Number 
5229555
Status 
Active
Property Tax 
$4,018.92
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoPrice changed to $335,000
a month agoListing updated with changes from the MLS®
3 months agoListing first seen on site
General Features
Acres 
0.1025
Levels 
Three Or MoreTwo
Number Of Stories 
3
Parking 
Driveway
Property Sub Type 
Triplex
Sewer 
Public Sewer
SqFt Above 
2765
SqFt Below 
943
Water Source 
Public
Interior Features
Basement 
PartialUnfinished
Cooling 
Wall/Window Unit(s)
Heating 
Hot WaterSteam
Laundry Features 
Main Level
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Exterior Features
Construction Details 
Brick
Roof 
AsphaltFlat
Community Features
School District 
Bedford CSD - 1803
Township 
Bedford
Schools
School District
Bedford CSD - 1803
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Erin Thomas of Keller Williams Living



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged. Information Deemed Reliable But Not Guaranteed. Copyright 2026 - Multiple Listing Service, Inc. – All Rights Reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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