$55,000
SOLD JAN 15, 2025
4 Beds
2 Baths
2,999 Sq Ft
4,012 Sq Ft Lot

Recently Sold

$18 Per Sq Ft

15% Below List Price

84 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • Wood Siding

About This Home

As of January 2025

Prime Investment Opportunity—1743 Algonac Rd, Cleveland, OH
Unlock the potential of this duplex investment property located at 1743 Algonac Rd. Each unit features 2 bedrooms and 1 full bath, offering excellent rental income potential. Ideal for investors looking for a value-add opportunity, this property is perfect for renovation, modernization, and maximizing returns.

Situated in a neighborhood poised for revitalization, this duplex is ready for a new owner to take charge. The seller will make no repairs, giving investors the freedom to update the property as they see fit.

Last Agent to Sell the Property

Yarden Portnoy

Metro Space Realty Brokerage Email: 216-509-8208 david@metrospacerealty.com License #2018003114 Listed on: 10/11/2024

Last Buyer's Agent

Yarden Portnoy

Metro Space Realty Brokerage Email: 216-509-8208 david@metrospacerealty.com License #2018003114 Listed on: 10/11/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $586

Year Built

  • Built in 1925

Lot Details

  • 4,012 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Imperial Road Allotment Subdivision

Listing and Financial Details

  • Assessor Parcel Number 117-05-016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$586

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1925
  • Attribution Contact: 216-509-8208 david@metrospacerealty.com
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Imperial Road Allotment
  • Above Grade Finished Sq Ft: 2006.0
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Tax Year: 2023
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Common Basement
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 993.0
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.0921
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Paved

Utilities

  • LaundryFeatures: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Cleveland Municipal - 1809

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 117-05-016
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 586.0

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/15/2025 01/15/25 Sold $55,000 -15.3% $18 / Sq Ft
01/03/2025 01/03/25 Pending -- -- --
10/11/2024 10/11/24 For Sale $64,900 +49.2% $22 / Sq Ft
07/27/2021 07/27/21 Sold $43,500 -27.4% $15 / Sq Ft View Prior Sale
06/15/2021 06/15/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $59,900 -- $20 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5074224

MLS Now

APN: 117-05-016