1743 Algonac Road, Cleveland, OH 44112

$139,500
4
BD
2
BA
2,006
SqFt

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Sold Price
$139,500
List Price
$139,000
Status
CLOSED
Stories
2
MLS#
5171725
Year Built
1925
Closing Date
Dec 23, 2025
Bedrooms
4
Bathrooms
2
Living Area
2,006
Region
Cleveland
Township
Cleveland
Subdivision / Building
Imperial Road Allotment

Property Description

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.

Additional Information

Taxes
$3,002
Acres
0.09
Sewer
Public Sewer
Roof
Asphalt, Fiberglass
Water
Public
Heating
Forced Air, Gas
Cooling
None
School District
Cleveland Municipal - 1809

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Listing Courtesy of: Mark A Colucci, markcolucci@kw.com With Keller Williams Citywide

Selling Office: Keller Williams Living.

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