1743 Algonac Road, Cleveland, OH 44112
Local realty services provided by:ERA Real Solutions Realty
Listed by: mark a colucci
Office: keller williams citywide
MLS#:5171725
Source:OH_NORMLS
Price summary
- Price:$139,000
- Price per sq. ft.:$69.29
About this home
1743 Algonac Rd, Cleveland, OH 44112 — Fully Rehabbed Duplex Investment Opportunity CASH FLOW DAY 1 GROSS RENTS 1982$ a month
Turnkey duplex in Cleveland delivering strong, reliable cash flow — perfect for out-of-state or passive investors seeking a proven, income-producing property.
Financials:
• Down Unit: $1,150/month (lease: 10/17/25–10/31/26)
• Up Unit: $832/month (lease: 5/30/25–6/26/26)
• Gross Rents: $1,982/month ($23,784/year)
• Price: $139,000
Highlights:
• Fully renovated throughout with modern kitchens, updated baths, new flooring, paint, and fixtures.
• All new hot water tank, all new furnace, all new utilities.
• All new appliances
• Tenants pay all utilities besides water
• Both units are occupied with leases in place through 2026 — stable, dependable cash flow from day one.
• Strong rental returns that easily exceed the 1% rule.
• Professionally managed with a $300 property reserve already set up.
• Ideal for Section 8 or traditional tenants with low ongoing maintenance needs.
This is a fully rehabbed, fully rented money maker priced at just $139,000. A rare opportunity to own a high-performing Cleveland duplex offering immediate income and long-term value.
Seller also selling 1754 Algonac Road, Cleveland, Ohio 44112
Contact your agent today before this turnkey investment is gone.
Contact an agent
Home facts
- Year built:1925
- Listing ID #:5171725
- Added:1 day(s) ago
- Updated:November 13, 2025 at 10:44 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Living area:2,006 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1925
- Building area:2,006 sq. ft.
- Lot area:0.09 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$139,000
- Price per sq. ft.:$69.29
- Tax amount:$3,002 (2024)
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