Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Berea Duplex with Garage Title is generated by Realmo AI

    877 Arden Avenue, Berea, OH 44017

    View on Map
    Claim this Listing
    Pending
    $290,000

    MULTI_FAMILY - Berea, OH

    Lot size:
    0.23 Acres
    Added:
    May 13, 2026
    Days on Market:
    9
    Last Refresh:
    May 21 at 10:06 am

    Property Features for 877 Arden Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    4
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 6, Bedroom 5, Bathroom 3, Bathroom 2, Bathroom 1, Bathroom 4, Bedroom 3, Laundry Room, Bedroom 4
    Parking features
    Garage
    Interior features
    EatInKitchen
    Exterior features
    UncoveredCourtyard
    Standard status
    Pending
    APN
    361-20-037
    Lot size
    0.23 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    18-6 S/L 264 ALL 0263 NP
    Tax Annual Amount
    5557

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard, Heat Pump (Heating), Electric (Heating)
    Water source
    Public

    Building Details

    Year built
    1977
    Floors in Building
    2
    Building materials
    AluminumSiding, Brick, Frame
    Roof type
    Asphalt, Shingle, Fiberglass

    We can help!

    Listing Contact
    Colleen C Logue

    Listing agent Colleen C Logue License #2002006706

    Listing office $2100$ Realty Sellers Choice, 36608 Haverford Place, Avon, OH

    Listing date May 13, 2026

    MLS# 5206930 Listing URL

    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.

    HighLights

    • Rare side‑by‑side duplex in Berea.
    • Each unit has 3 large bedrooms with ample closet space.
    • New roof installed in 2024.
    • 2+ car detached garage with additional parking for oversized vehicles.
    • Located near college, airport, shopping, dining, and Metro Parks.
    • No basement and no history of flooding.

    Overview

    This side-by-side duplex is located in Berea. Each unit features 3 bedrooms on the upper floor with closet space and a full bath. The first floor includes an eat-in kitchen, a back door hall with laundry and a half bath. A formal dining room is located off the kitchen, along with an oversized living room, and a front hall coat closet. The property includes a 2+ car detached garage and additional parking for up to 3 oversized vehicles. The property is located near the college, airport, shopping and dining at Berea Commons, and walkable Metro Parks. A new roof was installed on the house in 2024. The property has no basement and is not subject to flooding. The lot size is 0.2308 acres. This property is an investment opportunity that requires flooring and paint.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Accounting Firm Skin Care Clinic Kitchen & Bath Showroom

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Berea
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.862547
    Latitude
    41.389241

    Nearby Similar for Sale

    • $650,000
      13,000 SF

      Berea Commercial Building with Frontage

      13,000 sq ft building on 0.91 acres.
      237 Depot Street, Berea, OH 44017
      View Details
    • $225,000
      1,310 SF

      Berea Duplex: Investment Opportunity

      Well-maintained duplex in high-demand rental market, ideal for investors.
      93 W 5th Avenue, Berea, OH 44017
      View Details
    • $1,300,000
      7,736 SF

      Retail Building with Brewery Restaurant

      Two-story retail building with a fully equipped brewery restaurant.
      58 Front St, Berea, OH 44017
      View Details
    • $265,000
      1,500 SF

      Berea Commercial Building with Dual Frontage

      Single-story commercial building in Berea, ideal for startups.
      24 Beech Street, Berea, OH 44017
      View Details
    • $1,350,000
      13,069 SF

      13,069 SF Office Building For Sale

      Downtown office building with storefronts and office space for sale.
      111 Front Street, Berea, OH 44017
      View Details
    • $900,000

      Downtown Berea Retail Building

      Two-story retail building in downtown Berea, Ohio.
      70 Front St, Berea, OH 44017
      View Details
    • $1,300,000
      4,000 SF

      Renovated Office Space Available

      Contiguous office space for rent, renovated in 1989.
      58 Front St, Berea, OH
      View Details
    • $1,000,000
      3,049 SF

      Turnkey Restaurant For Sale

      Freestanding, fully equipped restaurant with ample parking and outdoor patio.
      30 Depot St, Berea, OH
      View Details
    • $5,950,000
      57,948 SF

      Industrial Property in Berea, Ohio

      57,948 SF industrial property available in Berea, Ohio.
      140 Blaze Industrial Pkwy, Berea, OH 44017
      View Details
    • Contact for pricing
      19,233 SF

      Student Housing Near Baldwin Wallace

      Three-story student housing with modern amenities and parking.
      83 West Bagley Road, Berea, OH, 44017
      View Details
    • Contact for pricing
      3,182 SF

      Retail Property on 0.90 Acres

      Retail space for sale with ample parking and frontage.
      799 Front Street, Berea, OH, 44017
      View Details
    • Contact for pricing
      6,000 SF

      Bakery with Apartments For Sale

      6,000 SF bakery with two apartments near university.
      70 Front St, Berea, OH 44017
      View Details

    FAQs

    What type of property is this?
    Duplex - Side-by-side duplex near college, airport, and shopping.
    Where is this duplex located?
    The property is located at 877 Arden Avenue Berea, OH.
    What is the asking price?
    The asking price for this property is $290,000.
    What are key features of this property?
    This property features: Rare side‑by‑side duplex in Berea.; Each unit has 3 large bedrooms with ample closet space.; New roof installed in 2024.
    (440) 364-5965
    We can help!
    Listing Contact
    Colleen C Logue
    Real Estate License ID: 2002006706
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    877 Arden Avenue, Berea, OH 44017
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!