1754 Algonac Road, Cleveland, OH 44112
Local realty services provided by:ERA Real Solutions Realty
Listed by: mark a colucci
Office: keller williams citywide
MLS#:5171728
Source:OH_NORMLS
Price summary
- Price:$139,000
- Price per sq. ft.:$68.68
About this home
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.
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Home facts
- Year built:1928
- Listing ID #:5171728
- 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:2,024 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1928
- Building area:2,024 sq. ft.
- Lot area:0.12 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$139,000
- Price per sq. ft.:$68.68
- Tax amount:$3,248 (2024)
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