Cleveland, OH 44112,1754 Algonac RD
Cleveland, OH 44112,1754 Algonac RD
Cleveland, OH 44112,1754 Algonac RD
9
$139,500
$139,000
0.4%
Est.Price: ?

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4 BD
2 BA
2,024 SqFt

1754 Algonac RD Cleveland, OH 44112

Est. payment /mo
SOLD DATE : 12/23/2025

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Key Details

Sold Price $139,500

Property Type Single Family Home

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,024 sqft

Price per Sqft $68

Subdivision Imperial Road Allotment

MLS Listing ID 5171728

Sold Date 12/23/25

Bedrooms 4

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 2,024

Total Fin. Sqft 2024

Year Built 1928

Annual Tax Amount $3,248

Tax Year 2024

Lot Size 5,266 Sqft

Acres 0.1209

Property Sub-Type Duplex

Property Description

1754 Algonac Rd, Cleveland, OH 44112 — Fully Rehabbed Duplex Investment Opportunity CASH FLOW DAY 1 SECTION 8 GROSS RENTS $2,337 a month

Turnkey and fully occupied duplex in Cleveland offering excellent cash flow and strong long-term leases. Ideal for out-of-state or passive investors seeking a clean, renovated, income-producing property at an affordable price.

Financials:
    •    Lower Unit: $1,250/month (lease: 7/1/25–6/14/26)
    •    Upper Unit: $1,087/month (lease: 7/26/25–7/25/26)
    •    Gross Rents: $2,337/month ($28,044/year)
    •    Price: $139,000

Highlights:
    •    Fully rehabbed inside and out — updated kitchens, modern baths, new flooring, fresh paint, and all major systems upgraded.
    •    All new hot water tank, all new furnace, all new utilities.
    •    All new appliances
    •    Tenants pay all utilities besides water
    •    Both units occupied with reliable tenants and long-term leases already in place.
    •    Strong rent-to-price ratio exceeding the 1% rule, making it a true cash-flow performer.
    •    Professionally managed with a $300 property reserve in place for smooth operations.
    •    Low maintenance and high return — a perfect addition to any investment portfolio.

This is a fully rented, turn-key money maker priced at just $139,000. A rare opportunity to own a stable, renovated duplex in Cleveland producing immediate income and long-term growth potential.

Seller also selling 1743 Algonac Road, Cleveland, Ohio 44112

Contact your agent today before this high-performing investment is gone.

Location

State OH

County Cuyahoga

Rooms

Basement Unfinished

Interior

Heating Forced Air, Gas

Cooling None

Fireplace No

Exterior

Parking Features Driveway

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Garage false

Private Pool No

Building

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 117-03-030

Financing Conventional

Special Listing Condition Standard

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VOW - Northern Ohio Regional MLS (YES-MLS) /MLS Now
Listed by Mark A Colucci • Keller Williams Citywide • markcolucci@kw.com, 440-590-5219
Bought with Journey Toole • Keller Williams Living

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Tony Parra

Tony Parra

Agent | License ID: 2015001967

+1(440) 491-4362

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