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Four-Unit Residential Income Property
For Sale
$82,000

3412 & 3414 Monroe St, Bellaire, OH 43906

Two two-bedroom apartments and two one-bedroom apartments are arranged across the main and lower levels.

Property SizeContact for details
Days on Market11

Property Features for 3412 & 3414 Monroe St

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multi-Family

Property Condition

Severity Major Repairs Needed
Evidence gutted

Units

Unit Mix 2 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units 4

Building Details

Year Built 1981
Listing Agency: RE/MAX Broadwater
Listed By: Kelsey Cromar 304-242-2600, travisbroadwater@gmail.com
Source: Themucciteam
Added: Sep 14 Changed: Sep 24 Last Checked: Sep 24 at 3:07PM

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 RE/MAX Broadwater

Investment Insights

Based on property information with market context.

This 1981 residential income property contains four apartments: two two-bedroom, one-bath units on the main level and two one-bedroom, one-bath units below. Three apartments are near tenant-ready condition; the fourth has been gutted for renovation. Each side has separate utilities, with two furnaces and two hot water tanks. The furnaces and hot water tanks are newer, and all appliances are included.

A detached two-car garage with remote-controlled doors is part of the property. Gas, water, and sewer service have been off since December 2025. The property is offered as-is.

Key Highlights

  • Four apartments: two 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units
  • Three units are near tenant‑ready condition; the fourth has been gutted for renovation
  • Separate utilities for each side, with two furnaces and two hot water tanks

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Parking Lot & Garage Grocery & Convenience Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

396
Businesses Nearby

Demographics for 43906, OH

7,952
Population
4,202
Households
1.9
Avg Household Size
45
Median Age
11%
College-Educated
89%
High-School Grad
32.2 sq mi
ZIP Area
247
Density / Sq Mi
$41,635
Median Household Income
$27,269
Median Earnings
$695
Median Rent
$106,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Two two-bedroom apartments and two one-bedroom apartments are arranged across the main and lower levels.
Where is this quadplex located?
The property is located at 3412 & 3414 Monroe St Bellaire, OH.
What is the asking price?
The asking price for this property is $82,000.
What are key features of this property?
This property features: Four apartments: two 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units; Three units are near tenant‑ready condition; the fourth has been gutted for renovation; Separate utilities for each side, with two furnaces and two hot water tanks
More about this property
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