1754 Algonac Road

Cleveland OH 44112

2024 sq. ft.

0.12 ac.

Duplex

Last sold for $139,500

Mark Colucci, last sold this property on 23 December 2025 after 40 days on market.

Overview

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.

Features

4 bedrooms

2 bathrooms

2024 sq. ft. floor area

0.12 ac. lot size

Duplex

Estimated Value

Based on this property and similar 4 bedroom duplexes sold in Cleveland over the last 12 months, the estimated median property value of 1754 Algonac Road is $88.64k.

Median value

$88.64k

Estimated value range

$10k - $180k

Median days on market

Estimated value trend

58%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Cleveland. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.