#5117330, John Currid, Listing Office: VSD Realty, LLC.
7511 Jeffries Ave Garfield Heights, OH 44105
Property details
About 7511 Jeffries Ave
Discover this exceptional, income-generating property that offers both stability potential for growth. This meticulously updated mixed-use asset features two fully renovated residential units (side-by-side duplex) and three commercial garage spaces currently leased to a long-term tenant—all generating a total of $3,750 in monthly rent (18% cash on cash)! Each residential unit has undergone a comprehensive renovation, including: Brand new flooring + fresh paint, Updated light fixtures and modern hardware, Refinished ceilings + complete kitchen + bath remodels, New furnaces + hot water tanks, Updated electrical panels, newer sump pump, Numerous newer windows and Newer Roof! Exterior highlights include durable vinyl siding, private entrances, + a partially fenced backyard. The property also boasts a large parking lot,+ with two dedicated spaces per residential unit, and additional open land at the rear offering added privacy—an ideal feature on a quiet dead-end street. Residential Unit B includes a refreshed basement with generous storage + is currently rented on a 1-year lease at $1,250/month starting May 15. Residential Unit A is rent-ready and currently vacant, offering the flexibility to place your own tenant. (A prospective tenant is already identified and ready to pay $1,000/mo. if the buyer chooses.) The commercial component consists of 3 garage bays (used as auto/mechanic shop) leased together at $1,500/month on a new five-year lease beginning June 1 with 3% annual increases. The garage also includes a private office, + the tenant—who has been occupying the space for over six years—has expressed interest in staying on as PM for just $200/month, representing approximately 5% of gross income. Each residential unit is separately metered, + property will be delivered Point-of-Sale Compliant! Zoned commercial. With proximity to parks, major highways, healthcare facilities, retail, dining, + recreation, this is a highly desirable investment in a prime location!
Highlights
Summary
- Full Bathrooms: 2
- Basement: Yes
- Total Bedroom Count: 8
- Garage Space: 3 spaces
- Attached Garage: No
- Private Pool: No
- Parking: Parking Lot
- Heating: Natural Gas
- Cooling: None
- List Price: $275,000
- Price/SqFt: $41
- Annual Tax Amount: $5,191
- Tax Year: 2023
- Directions: West off Warner Road, From Broadway Ave.
- Year Built: 1949
- Stories: 1
- Living Area: 6,600 SqFt
- Lot Size: 0.85 Acres
- MLS Number: 5122248
- MLS Name: NOWDD
- Office Name: Coldwell Banker Schmidt Realty
- Office Phone: (440) 570-9514
- Office Email: leilani7b@gmail.com
- Listing Agent: Leilani M Bowersock
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Last updated on: 5/19/2025, 12:20:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$275,000
7511 Jeffries Ave
$3,266
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 27, 2007 | Home Sold | $115,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $38,470 | $5,191 |
2022 | $38,470 | $4,171 |
2021 | $38,470 | $4,168 |
2020 | $37,730 | $3,875 |
2019 | $37,740 | $4,275 |
2018 | $37,740 | $4,231 |
2017 | $38,260 | $4,348 |
History based on county public records data.
Nearby schools
8
Cuyahoga Hts Elementary School
Public District PK-5
0.9 mi
•4880 E 71st St
5
Constellation Schools: Eastside Arts Academy
Public Charter KG-6
1.1 mi
•6700 Lansing Ave
4
Elmwood Elementary School
Public District KG-5
2.0 mi
•5275 Turney Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $51,131. Residents of Garfield Heights, OH typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have high school diploma education.
Similar homes for sale
This home is located at 7511 Jeffries Ave in Garfield Heights, OH and zip code 44105. This 6,600 square foot home, which was built in 1949, sits on a 0.85 acre lot. Features: 8 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 13, 2025 and is currently priced at $275,000.
While more than 16 listings in Garfield Heights, OH in April 2025 were sold above asking price, there were more than 5 listings sold at asking price, and more than 15 were sold below. The number of homes for sale in Garfield Heights, OH increased by 12.9% between March and April 2025. While the average time on the market in April 2025 was 36 days, the median list price was $140,000.