Two-Unit Duplex
For Sale
Contact for pricing
244 CTR RD, Bedford, OH 44146
Turnkey package of two fully rented, recently remodeled duplexes with updated mechanicals and defined unit mix.
Property Size3,476 SF
Price / SF$69.02
Days on Market60
Property Features for 244 CTR RD
General Information
Standard status
Active
Size
3,476 SF
Property subtype
Multifamily
Occupancy
100%
Financials
Cap Rate
11.3%
Business Included
Yes
Additional Details
Multifamily Units
4
Building Details
Year Built
1914
Tenancy
Multi
Listing Agency:
Green Bridge Real Estate
Listed By:
Jason Griffith · License #OH
Source:
Crexi
Added: Jun 4
Changed: Jul 10
Last Checked: Jul 31 at 12:28PM
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 two duplex properties presented as a turnkey, fully occupied rental portfolio. The Bedford, OH asset at 244 Center Rd features a side-by-side layout with two 3-bedroom, 1-bath units. The Garfield Heights, OH property at 12010 Derby Rd is an up/down duplex with one 2-bedroom, 1-bath unit and one 1-bedroom, 1-bath unit. The offering includes numerous mechanical upgrades and capital improvements completed over time, and the properties are described as fully occupied and recently remodeled.
The package can be purchased together or individually, providing flexibility for investors and operators. As provided in the overview, both duplexes are currently fully occupied. The Bedford and Garfield Heights properties are each positioned as residential income assets within Northeast Ohio.
For buyers seeking a ready-to-operate duplex acquisition, this portfolio combines an established unit mix with in-place occupancy. The Bedford duplex is listed at $1,400 per month for each of its two 3-bedroom units, while the Garfield Heights duplex includes one 2-bedroom and one 1-bedroom unit. The seller also describes the condition as updated, with no major projects currently needed, and the package is offered at $399,900 with an estimated 11.3% cap rate.
The package can be purchased together or individually, providing flexibility for investors and operators. As provided in the overview, both duplexes are currently fully occupied. The Bedford and Garfield Heights properties are each positioned as residential income assets within Northeast Ohio.
For buyers seeking a ready-to-operate duplex acquisition, this portfolio combines an established unit mix with in-place occupancy. The Bedford duplex is listed at $1,400 per month for each of its two 3-bedroom units, while the Garfield Heights duplex includes one 2-bedroom and one 1-bedroom unit. The seller also describes the condition as updated, with no major projects currently needed, and the package is offered at $399,900 with an estimated 11.3% cap rate.
Key Highlights
- Package includes two fully rented duplexes: 244‑246 Center Rd, Bedford, OH 44146 and 12010 Derby Rd, Garfield Heights, OH 44125.
- Bedford side‑by‑side duplex has two 3‑bed, 1‑bath units, each renting for $1,400/month.
- Garfield Heights up/down duplex includes one 2‑bed, 1‑bath unit and one 1‑bed, 1‑bath unit.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
669
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
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Frequently Asked Questions
What type of property is this?
Duplex - Turnkey package of two fully rented, recently remodeled duplexes with updated mechanicals and defined unit mix.
Where is this duplex located?
The property is located at 244 CTR RD Bedford, OH.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Package includes two fully rented duplexes: 244‑246 Center Rd, Bedford, OH 44146 and 12010 Derby Rd, Garfield Heights, OH 44125.; Bedford side‑by‑side duplex has two 3‑bed, 1‑bath units, each renting for $1,400/month.; Garfield Heights up/down duplex includes one 2‑bed, 1‑bath unit and one 1‑bed, 1‑bath unit.
