Triplex with Street-Level Retail
For Sale
$350,000
16 Columbus Street, Bedford, OH 44146
MULTI_FAMILY - Bedford, OH
Property Size3,708 SF
Lot Size0.10 Acres
Price / SF$94.39
Days on Market16
Property Features for 16 Columbus Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Half bathrooms
2
Rooms
Bedroom 2, Bedroom 3, Basement, Bathroom 3, Bedroom 1, Bedroom 4, Bathroom 2, Laundry Room, Bedroom 5, Bathroom 1
Parking features
Driveway
Subdivision
Bedford
Elementary school district
Bedford CSD - 1803
Middle school district
Bedford CSD - 1803
High school district
Bedford CSD - 1803
Directions
South of Rockside Rd
Standard status
Active
APN
812-13-002
Size
3,708 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
46 VILBED EP 252.93FTE OF CL BROADWAY 0061
Tax Annual Amount
4019
Legal Description
46 VILBED EP 252.93FTE OF CL BROADWAY 0061
Utilities
Sewer type
Public Sewer
Heating system
Steam, Hot Water(Heating)
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1920
Floors in Building
2
Building materials
Brick
Roof type
Asphalt, Flat
Listing Agency:
Keller Williams Living · Keller Williams Realty
(440) 318-1620
Listed By:
Erin Thomas · License #2019005940
(440) 670-2300
Added: Jul 22
Changed: Aug 1
Last Checked: Aug 6 at 11:06AM
MLS# 5229555
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This fully occupied mixed-use triplex includes two street-level commercial suites and one residential apartment. The apartment is a spacious 5-bedroom, 1-bath home featuring updated LVP flooring, new kitchen cabinets and countertops, in-suite laundry, and two new hot water tanks. The commercial space has also been tastefully updated by its tenants, and both storefront tenants are on month-to-month leases with interest in renewing.
Built in 1920 with brick construction, the property totals 3,708 SF on a 0.1025-acre lot. Heating is provided via steam and hot water systems, with window unit cooling. Public water and public sewer are available, and parking is served by a driveway.
Current financials reflect a 7.58% cap rate, with projections to 9.05% cap rate through market rent adjustments. The property is located in Historic Downtown Bedford with convenient access to I-271 and I-480 and is walkable to nearby restaurants, shops, parks, and local businesses.
Built in 1920 with brick construction, the property totals 3,708 SF on a 0.1025-acre lot. Heating is provided via steam and hot water systems, with window unit cooling. Public water and public sewer are available, and parking is served by a driveway.
Current financials reflect a 7.58% cap rate, with projections to 9.05% cap rate through market rent adjustments. The property is located in Historic Downtown Bedford with convenient access to I-271 and I-480 and is walkable to nearby restaurants, shops, parks, and local businesses.
Key Highlights
- Fully occupied mixed‑use triplex with two street‑level commercial suites and one 5‑bedroom, 1‑bath apartment
- Remodeled residential unit with updated LVP flooring, new kitchen cabinets and countertops, in‑suite laundry, and two new hot water tanks
- Two storefront suites on month‑to‑month leases with expressed interest in renewing
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
762
Businesses Nearby
Explore this area
Business Placement
Demographics for 44146, OH
29,778
Population
15,270
Households
2
Avg Household Size
46
Median Age
23%
College-Educated
92%
High-School Grad
20.0 sq mi
ZIP Area
1,489
Density / Sq Mi
$53,049
Median Household Income
$40,808
Median Earnings
$1,000
Median Rent
$141,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Fully occupied mixed-use triplex with two street-level commercial suites and one remodeled 5-bedroom apartment.
Where is this triplex located?
The property is located at 16 Columbus Street Bedford, OH.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Fully occupied mixed‑use triplex with two street‑level commercial suites and one 5‑bedroom, 1‑bath apartment; Remodeled residential unit with updated LVP flooring, new kitchen cabinets and countertops, in‑suite laundry, and two new hot water tanks; Two storefront suites on month‑to‑month leases with expressed interest in renewing
