174 Columbus St · Bedford, OH 44146

$119,900

3 bd · 1.5 ba · 1,370 sqft · SingleFamily public records · 43 Days on market

Built 1891 0.27 ac lot $88/sqft · 38% below area Est $194k · 38% under

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Why this score? — see what drove the C+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +21.7/30.0
• ARV discount +15.0/15.0
• DSCR +6.9/10.0
• 1% rule +6.5/10.0
• Rent growth +4.0/5.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks

Attention investors! Come see this 3-bedroom, 1-bath home in Bedford, Ohio with a 4 car detached garage. Priced to move, this property offers a great opportunity to add to your rental portfolio or take on your next investment project. Don’t miss out—schedule your showing today!

Key facts

• 0.27 acre lot
• 4 garage spots
• Built 1891

Property features AI

Exterior

• Parking: Detached garage; 4-car garage
• Utilities: Public water; Public sewer
• Home design: 2-story house; Wood siding exterior; Asphalt/fiberglass roof
• Construction: Built according to public records; Wood siding construction; Asphalt/fiberglass roof
• Exterior features: Public water; Public sewer

Interior

• Kitchen: Kitchen on first floor (10 x 8)
• Bedrooms: Second-floor bedroom (12 x 10) with hardwood floors; Second-floor bedroom (14 x 12) with hardwood floors; First-floor bedroom (11 x 9)
• Flooring: Hardwood flooring in upstairs bedrooms
• Bathrooms: 1 full bathroom; 1 half bathroom; 1 main-level bathroom
• Heating & cooling: Forced-air gas heating
• Interior features: Partial basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $120k.

Deal economics

• At list price, monthly cash flow is $184 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $120k).
• Recommended offer: $116k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.1% vs local median 5.3% in Bedford — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 73/100 on livability (#324 in OH) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, employment D-.
• Bedford City (suburban): math 19% / reading 32% proficiency, ranked #597 of 656 in OH (top 91%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Central Primary School (math 17% / reading 22%, grade F, #1,293 of 1,584 statewide, top 83%, 397 students, 76% FRL); Heskett Middle School (math 21% / reading 27%, grade F, #593 of 654 statewide, top 91%, 573 students, 69% FRL); Bedford High School (math 12% / reading 52%, grade F, #607 of 781 statewide, top 78%, 862 students, 69% FRL).
• Market conditions: Rents rising fast (+5.8%/yr); 107 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals leasing fast (median 10d on market — plan ~1-2 weeks tenant-placement turnaround); 1,441 units permitted in Cuyahoga County in 2024 (700 in 5+ unit buildings).
• This rent runs 30% of the median local income ($55k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $829 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Cuyahoga County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 5.8% rent growth), your $34k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 43 days — a 3% lower offer ($116k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $41k; list at $120k implies a 192% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1891 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $116,303 (3.0% below list)

Questions for the listing agent

1. It's been on market 43 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1891 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.15% ✓
• Cap rate: 8.14%
• Cash-on-cash: 6.58%
• DSCR: 1.29
• GRM: 7.3

CMA / ARV

• ARV (median comp): $193,846
• List price: $119,900
• Delta: -38.15%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
704 Lincoln Blvd	0.16mi	3/1.0	1,376 (+0%)	9mo	$230,000	$167	83
109 Avalon Dr	0.34mi	3/2.5	1,400 (+2%)	4mo	$239,000	$171	73
58 Elm St	0.25mi	3/1.5	1,260 (-8%)	11mo	$102,000	$81	66
116 Forest Dr	0.66mi	3/1.5	1,402 (+2%)	6mo	$211,000	$150	60
730 Washington Ct	0.23mi	4/1.0 (+1)	1,188 (-13%)	2mo	$195,000	$164	59
250 Center Rd	0.44mi	3/1.0	1,232 (-10%)	8mo	$99,000	$80	54
61 Berwyn Dr	0.27mi	3/2.0	1,174 (-14%)	10mo	$80,000	$68	53
24 Eldred Ave	0.61mi	3/2.0	1,282 (-6%)	11mo	$178,000	$139	49
706 Archer Rd	0.62mi	3/2.5	1,242 (-9%)	4mo	$268,000	$216	48
53 Powers Rd	0.48mi	3/2.0	1,188 (-13%)	10mo	$195,000	$164	45
78 Gould Ave	0.63mi	3/1.0	1,188 (-13%)	8mo	$165,000	$139	40
179 Willard Ave	0.71mi	4/3.0 (+1)	1,512 (+10%)	6mo	$210,000	$139	34

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 5.83% rent growth · sell at horizon

5-year hold

• IRR: -2.8%
• Equity multiple: 0.89×
• Total profit: $-3,615
• Equity at exit: $17,877

10-year hold

• IRR: 10.0%
• Equity multiple: 1.88×
• Total profit: $29,711
• Equity at exit: $10,367

Cash invested: $33,572 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 73 Landlord-Friendly
• State Ohio: 73 Landlord-Friendly · R+6
• County: — inherits STATE
• City: — inherits STATE

3-day notice; Cleveland / Columbus have some habitability code enforcement; otherwise landlord-leaning.

Methodology + full state rankings →

ZIP-level market 44146

• Rents YoY: 5.8%
• Active inventory: 107
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $1,374 high
• Mortgage (P&I): −$629
• Tax from tax record: −$222 /mo · $2,669/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$288
• Net cashflow: $184

Break-even live

Break-even rent $1,141

Max offer price $119,900

Occupancy floor 82%

Sensitivity live

Price	-10% $252	-5% $218	+0% $184	+5% $150	+10% $116
Rent	-10% $76	-5% $130	+0% $184	+5% $238	+10% $293
Rate	-1.0pp $245	-0.5pp $215	base $184	+0.5pp $153	+1.0pp $121

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $29,975
• Closing costs: $3,597
• Reserves months: —
• Total cash needed: —

Rent comps 18 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
681 Washington St Unit 1496061P Bedford, OH	3.0	1.0	1151	$3,518	$3.06	9d	1	0.20mi
14 Ennis Ave Bedford, OH	3.0	2.0	1064	$1,495	$1.41	46d	1	0.33mi
204 Solon Rd Apt 2 Bedford, OH	2.0	1.0	900	$1,200	$1.33	6d	1	0.64mi
204 Solon Rd Bedford, OH	2.0	1.0	900	$1,200	$1.33	5d	1	0.64mi
243 Grand Blvd Bedford, OH	3.0	2.0	1170	$1,500	$1.28	46d	1	0.89mi
199 Dalepark Dr Bedford, OH	2.0	1.0	896	$1,300	$1.45	46d	1	0.90mi
215 Dalepark Dr #4 Bedford, OH	2.0	1.0	896	$1,400	$1.56	19d	1	0.93mi
286 W Grace St Bedford, OH	3.0	1.0	1254	$1,500	$1.20	18d	1	0.96mi
6055 Bear Creek Dr Bedford Heights, OH	1.0–2.0	1.0–1.5	815	$1,091	$1.34	0d	30	1.01mi
5383 Sunnyslope Rd Unit 48 Maple Heights, OH	3.0	1.5	1100	$1,125	$1.02	0d	1	1.24mi
5383 Sunnyslope Rd Maple Heights, OH	1.0–2.0	1.0–1.5	847	$1,075	$1.27	6d	2	1.27mi
601 W Glendale St Bedford, OH	3.0	1.0	944	$1,197	$1.27	18d	1	1.37mi
5535 Oakwood Ave Maple Heights, OH	3.0	1.0	1116	$1,350	$1.21	9d	1	1.40mi
5535 Oakwood Ave Maple Heights, OH	3.0	1.0	1116	$1,350	$1.21	6d	1	1.40mi
153 Henry St Bedford, OH	2.0	1.5	1176	$1,350	$1.15	12d	1	1.43mi
5303 Northfield Rd Bedford Heights, OH	2.0	1.0–2.0	712	$1,210	$1.70	0d	26	1.47mi
5566 Beechwood Ave Maple Heights, OH	2.0	1.0	1000	$1,800	$1.80	21d	1	1.47mi
18413 Waterbury Ave Maple Heights, OH	3.0	1.5	1175	$1,850	$1.57	0d	1	1.47mi

Listing history 18 events

1. 2026-06-21
   days on market $119,900 Active 43 DOM
2. 2026-06-18
   days on market $119,900 Active 40 DOM
3. 2026-06-17
   status $119,900 Active 39 DOM
4. 2026-06-17
   days on market $119,900 Contingent 39 DOM
5. 2026-06-16
   days on market $119,900 Contingent 38 DOM
6. 2026-06-15
   days on market $119,900 Contingent 37 DOM
7. 2026-06-13
   days on market $119,900 Contingent 35 DOM
8. 2026-06-09
   days on market $119,900 Contingent 31 DOM
9. 2026-06-08
   days on market $119,900 Contingent 30 DOM
10. 2026-06-07
    days on market $119,900 Contingent 29 DOM
11. 2026-06-05
    days on market $119,900 Contingent 26 DOM
12. 2026-06-03
    days on market $119,900 Contingent 25 DOM
13. 2026-06-02
    days on market $119,900 Contingent 24 DOM
14. 2026-06-01
    days on market $119,900 Contingent 23 DOM
15. 2026-05-31
    days on market $119,900 Contingent 22 DOM
16. 2026-05-09
    listed $119,900 Active 290-char remark
17. 1985-05-07
    soldstatus $41,000
18. 1977-05-01
    soldstatus $28,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast OH · Partial reset (capped growth)

• Current annual tax: $2,669 · $222/mo
• Projected year-2 tax: $2,669 · $222/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥94°F today · 17 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,485
• − Mortgage interest: −$6,716
• − Property taxes: −$2,669
• − Insurance: −$600
• − Repairs & maintenance: −$1,319
• − Management: −$1,319
• − Depreciation: −$3,488
• Taxable income: $375
• Est. tax owed @ 24.0%: −$90
• After-tax cash flow: $2,120/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Bedford City
• NCES district ID: 3910017
• Math proficiency: 19% ▼ -23.00%
• Reading proficiency: 32% ▼ -16.00%
• Median HH income: $42,353
• Composite: 21.69/100
• National rank: #8273
• State rank: #597 of 656 in OH

Livability — Bedford

• Score: 73/100
• State rank: #324
• US rank: #5334

Category grades

Amenities F Commute F Cost of living A+ Crime A+ Employment D- Housing A+ Health & safety B User ratings C+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bedford, OH
• County: Cuyahoga County · 1,090,369 people
• City population: 29,349
• Metro: Cleveland-Elyria, OH
• Population (ZIP): 29,349
• Household income: $54,925
• Rent vs Own: 42.9% rent · 57.1% own
• Severe rent burden: 1314.0

Population outlook (Cuyahoga County) Hauer SSP2

• Today (2025): 1,244,621 people
• By 2030: 1,230,093 · -1.2%
• By 2040: 1,189,108 · -4.5%
• By 2050: 1,145,706 · -7.9%
• By 2075: 1,076,557 · -13.5%
• By 2100: 978,987 · -21.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority Black (59%)
• Race & ethnicity: Black 59% White 33% Two or more races 6% Hispanic / Latino 3%
• Common ancestry: Romanian 5% Serbian 1% Armenian 1%
• Foreign-born: 2% · Canada
• Languages at home: 96% English-only · Spanish 2% Arabic 1%

Political lean MEDSL · Cuyahoga

• 2024 margin: Solid D (+31.5) · D 65.4% · R 33.9%
• 2008→2024 swing: -7.4pp toward R · 2008: 38.9pp · 2024: 31.5pp
• All cycles: 2024: D+31.5 2020: D+34.1 2016: D+35.0 2012: D+38.7 2008: D+38.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -114.08%
• Current HPI: 172.9421
• Rent YoY: ▲ 5.83%
• Metro: Cleveland-Elyria, OH
• State GDP YoY: ▲ 1.98%
• F500 in state: 48

Industry mix (Fortune 500 HQ in OH)

Industry	F500 HQs	Revenue
▸Insurance	3	$145B
▸Industrial Machinery	3	$49B
▸Financial Services	3	$24B
▸Consumer Goods	2	$93B
▸Aerospace / Defense	2	$47B
▸Utilities	2	$33B

Price history

+320.7% since first listed

5 events — show timeline

• 2026-06-17 Relisted — MLSNOW
• 2026-05-19 Contingent — MLSNOW
• 2026-05-09 Listed $119,900 MLSNOW
• 1985-05-07 Sold (Public Records) $41,000 Public Records
• 1977-05-01 Sold (Public Records) $28,500 Public Records

Property tax history

+7.6%/yr

Latest (2025): $2,669 · +1.0% YoY. Source: county tax records.