The article deals with the newly designed mononuclear and asymmetric dinuclear osmium(II) complexesOsII(bpy)2(HL2−) (1) and [(bpy)2OsII(μ-HL2−)OsII(bpy)2](Cl)2 ([2](Cl)2)/[(bpy)2OsII(μ-HL2−)OsII(bpy)2](ClO4)2([2](ClO4)2), respectively, (H3L = 5-(1H-benzo[d]imidazol-2-yl)-1H-imidazole-4-carboxylic acid and bpy = 2,2’-bipyridine). The identity of 1 has been established by its single crystal X-ray structure. The ligand (HL2−)-basedprimary oxidation process (E°298, 0.23 V versus SCE) along with the partial metal contribution (∼20%) in 1 hasbeen revealed by the ligand-dominated HOMO of 1 (HL2−: 88%, Os: 8%), as well as by the Mulliken spindensity distribution of 1+ (HL2−: 0.878, Os: 0.220). Accordingly, 1+ exhibits a free radical type EPR at 77 K witha partial metal-based anisotropic feature (g1 = 2.127, g2 = 2.096, g3 = 2.046; <g> = 2.089; Δg = 0.08).1H-NMR of the dinuclear 22+ in CDCl3 suggests an intimate mixture of two diastereomeric forms in a 1 : 1ratio. The DFT-supported predominantly Os(II)/Os(III)-based couples of asymmetric 22+ at 0.24 V and 0.50 Vversus SCE result in a comproportionation constant (Kc) value of 8.2 × 104. The class I mixed valent state of23+ (S = 1/2) has, however, been corroborated by the Mulliken spin density distribution of Os1: 0.887, Os2:0.005, HL2−: 0.117, as well as by the absence of a low-energy IVCT (intervalence charge transfer) band in thenear-IR region (up to 2000 nm). The appreciable spin accumulation on the bridge in 23+ or 24+ (S = 1, Os1:0.915, Os2: 0.811 and HL2−: 0.275) implies a mixed electronic structural form of [(bpy)2OsIII(μ-HL2−)-OsII(bpy)2]3+(major)/[(bpy)2OsII(μ-HL•−)OsII(bpy)2]3+(minor) or [(bpy)2OsIII(μ-HL2−)OsIII(bpy)2]4+(major)/[(bpy)2-OsIII(μ-HL•−)OsII(bpy)2]4+ (minor), respectively. The mixed valent {OsIII(μ-HL2−)OsII} state in 23+, however, fails toshow EPR at 77 K due to the rapid spin relaxation process. The DFT-supported bpy-based two reductions forboth 1+ and 22+ appear in the potential range of −1.5 V to −1.8 V versus SCE. The electronic transitions in 1nand 2n are assigned by the TD-DFT calculations. Furthermore, the potential anion sensing features of 1 and22+ via the involvement of the available N–H proton in the framework of coordinated HL2− have been evaluatedby different experimental investigations, in conjunction with the DFT calculations, using a wide variety ofanions such as F−, Cl−, Br−, I−, OAc−, SCN−, HSO4− and H2PO4−. This, however, establishes that both 1 and 22+are equally efficient in recognising the F− ion selectively, with log K values of 6.83 and 5.89, respectively.