Turnkey Duplex Investment
For Sale
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12010 DERBY AVE, Garfield Heights, OH 44125
Two fully leased duplexes across Bedford and Garfield Heights, recently remodeled with multiple mechanical upgrades.
Property Size2,304 SF
Price / SF$73.74
Days on Market63
Property Features for 12010 DERBY AVE
General Information
Standard status
Active
Size
2,304 SF
Property subtype
Multifamily
Occupancy
100%
Financials
Cap Rate
11.3%
Business Included
Yes
Additional Details
Multifamily Units
4
Building Details
Year Built
1925
Listing Agency:
Green Bridge Real Estate
Listed By:
Jason Griffith · License #OH
Source:
Crexi
Added: Jun 4
Changed: Jul 10
Last Checked: Aug 5 at 12:07PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Green Bridge Real Estate
Investment Insights
Based on property information with market context.
Pines Duplex Package offers a turnkey multifamily setup consisting of two fully leased duplexes. The Bedford property is a side-by-side duplex with two 3-bedroom, 1-bath units. The Garfield Heights property is an up-down duplex with one 2-bedroom, 1-bath unit and one 1-bedroom, 1-bath unit. The portfolio is described as recently remodeled and includes numerous mechanical upgrades and capital improvements completed over time.
The duplexes are located in proven Northeast Ohio rental markets at 244-246 Center Rd, Bedford, OH 44146 and 12010 Derby Rd, Garfield Heights, OH 44125. The package is presented as a stabilized, in-place occupancy opportunity with tenants already in residence at the time of offering.
For investors or owners looking to add stabilized income-producing multifamily assets, the package is positioned for a smooth transition in management because both duplexes are fully leased. Ownership can purchase the properties individually or together as a package, allowing buyers to match their acquisition strategy while still maintaining the benefits of a duplex-scale portfolio.
The duplexes are located in proven Northeast Ohio rental markets at 244-246 Center Rd, Bedford, OH 44146 and 12010 Derby Rd, Garfield Heights, OH 44125. The package is presented as a stabilized, in-place occupancy opportunity with tenants already in residence at the time of offering.
For investors or owners looking to add stabilized income-producing multifamily assets, the package is positioned for a smooth transition in management because both duplexes are fully leased. Ownership can purchase the properties individually or together as a package, allowing buyers to match their acquisition strategy while still maintaining the benefits of a duplex-scale portfolio.
Key Highlights
- Two fully leased duplexes in Northeast Ohio: 244‑246 Center Rd (Bedford) and 12010 Derby Rd (Garfield Heights).
- Bedford side‑by‑side duplex with two 3‑bedroom, 1‑bath units renting for $1,400/month each.
- Garfield Heights up‑down duplex with one 2‑bedroom, 1‑bath unit and one 1‑bedroom, 1‑bath unit.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
378
Businesses Nearby
Explore this area
Business Placement
Demographics for 44125, OH
29,663
Population
12,849
Households
2.3
Avg Household Size
39
Median Age
17%
College-Educated
90%
High-School Grad
14.0 sq mi
ZIP Area
2,119
Density / Sq Mi
$55,524
Median Household Income
$37,292
Median Earnings
$1,103
Median Rent
$107,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Two fully leased duplexes across Bedford and Garfield Heights, recently remodeled with multiple mechanical upgrades.
Where is this duplex located?
The property is located at 12010 DERBY AVE Garfield Heights, OH.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: Two fully leased duplexes in Northeast Ohio: 244‑246 Center Rd (Bedford) and 12010 Derby Rd (Garfield Heights).; Bedford side‑by‑side duplex with two 3‑bedroom, 1‑bath units renting for $1,400/month each.; Garfield Heights up‑down duplex with one 2‑bedroom, 1‑bath unit and one 1‑bedroom, 1‑bath unit.
