16 Columbus St Bedford, OH 44146
Bedford AreaEstimated payment $2,259/month
Highlights
- Cooling System Mounted To A Wall/Window
- Hot Water Heating System
- Heating System Uses Steam
About This Home
Generate $3,550/month in rental income today with projected cash flow of nearly $1,000/month after debt service using typical financing. Located in Historic Downtown Bedford, this fully occupied mixed-use investment offers diversified income with two street-level commercial suites and one spacious 5-bedroom, 1-bath apartment. The salon and boutique each pay $900/month on month-to-month leases and have expressed interest in renewing, giving new ownership the opportunity to secure longer lease terms while increasing rents. The remodeled residential unit rents for $1,750/month and features updated LVP flooring, new kitchen cabinets and countertops, in-suite laundry, and two new hot water tanks. The commercial spaces have also been tastefully updated by their tenants. Current financials produce a 7.58% cap rate with a projected 9.05% cap rate through market rent adjustments, equating to approximately $326 per unit, per month in projected cash flow after debt service before principal paydown. Walkable to restaurants, shops, parks, and local businesses with convenient access to I-271 and I-480. Complete financial package and video walkthrough available upon request.
Listing Agent
Keller Williams Living Brokerage Email: Erinthomas@kwcommercial.com, 440-670-2300 License #2019005940 Listed on: 07/22/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,019
Year Built
- Built in 1920
Lot Details
- 4,465 Sq Ft Lot
Parking
- Driveway
Home Design
- Triplex
- Flat Roof Shape
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- 2-Story Property
- Unfinished Basement
- Partial Basement
- Laundry on main level
Bedrooms and Bathrooms
- 5 Bedrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Hot Water Heating System
- Heating System Uses Steam
Community Details
- Bedford Subdivision
- Operating Expense $16,058
Listing and Financial Details
- Assessor Parcel Number 812-13-002
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,836 | $38,080 | $6,265 | $31,815 |
| 2024 | $3,808 | $38,080 | $6,265 | $31,815 |
| 2023 | $3,671 | $34,900 | $6,900 | $28,000 |
| 2022 | $3,319 | $34,895 | $6,895 | $28,000 |
| 2021 | $3,309 | $34,900 | $6,900 | $28,000 |
| 2020 | $3,234 | $31,710 | $6,270 | $25,450 |
| 2019 | $3,178 | $90,600 | $17,900 | $72,700 |
| 2018 | $2,611 | $31,710 | $6,270 | $25,450 |
| 2017 | $2,107 | $20,270 | $5,530 | $14,740 |
| 2016 | $2,087 | $20,270 | $5,530 | $14,740 |
| 2015 | $3,488 | $20,270 | $5,530 | $14,740 |
| 2014 | $3,488 | $23,040 | $6,270 | $16,770 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/22/2026 07/22/26 | For Sale | $350,000 | -- | $94 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $95,000 | Modern Title | |
| Survivorship Deed | $37,400 | Erie Title Agency Inc | |
| Deed | $50,000 | -- | |
| Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $41,108 | Commercial | |
| Previous Owner | $60,500 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $90,000 | Commercial | |
| Previous Owner | $75,000 | Commercial |
Source: MLS Now
MLS Number: 5229555
APN: 812-13-002
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
- 579 Broadway Ave
- 775 Broadway Ave
- 174 Columbus St
- 443 Broadway Ave
- 864 Lincoln Blvd
- 164 Forest Dr
- 246 Center Rd
- 78 W Glendale St
- 99 Ellenwood Ave
- 215 Forest Dr
- 114 Avalon Dr
- 69 Wandle Ave
- 70 Union St
- 694 Mckinley Ave
- 260 Deborah Ln
- 152 Gould Ave
- 753 High St
- 201 W Glendale St
- 47 Southwick Dr
- 0 Hubbell Cir
- 687 Broadway Ave
- 687 Broadway Ave
- 679 Washington St Unit SI FL2-ID1496068P
- 679 Washington St Unit SI ID1496108P
- 681 Washington St Unit SI ID1496061P
- 106 W Grace St Unit Down Unit
- 106 W Grace St Unit 106 W Grace St - Dow
- 840 Broadway Ave
- 105 Solon Rd Unit 3
- 37 Magnolia Ave
- 35 Ellenwood Ave Unit 35 Ellenwood Ave
- 450 Turney Rd
- 19955 Rockside Rd
- 401 Mortimer Dr
- 59 Sector Dr
- 6055 Bear Creek Dr
- 600 Turney Rd
- 18713 Waterbury Ave
- 5635 South Blvd
- 18412 Waterbury Ave
Ask me questions while you tour the home.