19
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$139,000
Est. payment /mo
4 Beds
2 Baths
2,006 SqFt
Pending
1743 Algonac RD Cleveland, OH 44112
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Square Footage 2,006 sqft
Price per Sqft $69
Subdivision Imperial Road Allotment
MLS Listing ID 5171725
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 2,006
Year Built 1925
Annual Tax Amount $3,002
Tax Year 2024
Lot Size 4,011 Sqft
Acres 0.0921
Property Sub-Type Duplex
Stories Two
Story Two
Property Description
1743 Algonac Rd, Cleveland, OH 44112 — Fully Rehabbed Duplex Investment Opportunity CASH FLOW DAY 1 GROSS RENTS 1982$ 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.
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.
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
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 117-05-016
Special Listing Condition Standard
Listed by Mark A Colucci • Keller Williams Citywide • markcolucci@kw.com, 440-590-5219
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