$139,500
SOLD DEC 23, 2025
4 Beds
2 Baths
2,024 Sq Ft
5,266 Sq Ft Lot

Recently Sold

$69 Per Sq Ft

1 Day on Market

About This Home

As of December 2025

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.

Last Agent to Sell the Property

Mark Colucci

Keller Williams Citywide Brokerage Email: markcolucci@kw.com, 440-590-5219 License #2020004747 Listed on: 11/12/2025

Keller Williams Citywide

Last Buyer's Agent

Journey Toole

Keller Williams Living License #2021004623

Keller Williams Living

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,248

Year Built

  • Built in 1928

Lot Details

  • 5,266 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,024 Sq Ft Home
  • 2-Story Property
  • Unfinished 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 117-03-030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,248

Year Built

Built in 1928

Lot Details

5,266 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1928
  • Attribution Contact: markcolucci@kw.com, 440-590-5219
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Imperial Road Allotment
  • Above Grade Finished Sq Ft: 2024.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Tax Year: 2024
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.1209
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway

Utilities

  • 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: 117-03-030

Tax Info

  • Tax Annual Amount: 3248.0
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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
12/23/2025 12/23/25 Sold $139,500 +0.4% $69 / Sq Ft
11/13/2025 11/13/25 Pending -- -- --
11/12/2025 11/12/25 For Sale $139,000 +152.7% $69 / Sq Ft
01/15/2025 01/15/25 Sold $55,000 -15.3% $18 / Sq Ft View Prior Sale
01/03/2025 01/03/25 Pending -- -- --
10/11/2024 10/11/24 For Sale $64,900 +18.0% $22 / Sq Ft
07/27/2021 07/27/21 Sold $55,000 -15.3% $18 / Sq Ft View Prior Sale
06/15/2021 06/15/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $64,900 +1198.0% $22 / Sq Ft
08/12/2014 08/12/14 Sold $5,000 -52.4% $2 / Sq Ft View Prior Sale
08/01/2014 08/01/14 Pending -- -- --
06/09/2014 06/09/14 For Sale $10,500 -- $5 / Sq Ft
Source: MLS Now

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,306 $34,475 $4,410 $30,065
2024 $2,305 $34,475 $4,410 $30,065
2023 $792 $10,220 $1,750 $8,470
2022 $788 $10,220 $1,750 $8,470
2021 $780 $10,220 $1,750 $8,470
2020 $754 $8,540 $1,470 $7,070
2019 $699 $24,400 $4,200 $20,200
2018 $739 $8,540 $1,470 $7,070
2017 $787 $9,310 $770 $8,540
2016 $781 $9,310 $770 $8,540
2015 $809 $9,310 $770 $8,540
2014 $809 $9,600 $810 $8,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5171728

MLS Now

APN: 117-03-030

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