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1743 Algonac Road, Cleveland, OH 44112

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For Sale
Sale Pending

$139,000

4 beds • 2 baths • 2,006 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $69.29
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 5171725

Courtesy Of Keller Williams Citywide

(440) 892-2211

Property Features

  • Age
    Over 50 Years Old
  • Heating System
    Forced Air
  • Lot Size
    0.09 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement

Map and Directions

Directions to 1743 Algonac Road, Cleveland, OH 44112

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CENTURY 21 HomeStar

(440) 449-9100
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.