Property Description
Investor-focused duplex with in-place cash flow and clear value-add upside. Each with 2 bed/1 bath - units rent around $950/month for $1,900/month ($22,800/year) gross income, supported by steady demand at this price point in South Broadway and near Mill Creek. Recent inspection identified roof and foundation issues disclosed and priced for investors who can address repairs and capture post-rehab appreciation and rent growth. Classic up/down layout, straightforward operations, and potential to optimize utilities (buyer to verify separations/RUBS). Central location under 20 minutes to Downtown, Cleveland Clinic, Hopkins Airport, Lake Erie, CSU, and CWRU with easy corridor/transit access. Cash offers preferred; quick close available for qualified buyers.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Unfinished
Basement: Yes
Cooling: None
Days on Market: 232
Heating: Forced Air
Lot Size: 0.10 Acres
Roof Type: Asphalt, Fiberglass, Shingle
Stories: 2.0
Taxes: $2,313 / year
Year Built: 1925
Feature Descriptions
Exterior: Vinyl Siding
Lot: City Lot
Parcel#: 134-20-012
Parking: Driveway, On Street
Sewer: Public Sewer
View: City Lights, City
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
8511 Jeffries Avenue | MLS# 5159897
This multi-family property located at 8511 Jeffries Avenue, Cleveland, OH 44105 is currently listed for sale with an asking price of $119,900. Jeffries Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.kaszycarealestate.com today.