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1754 Algonac Road, Cleveland, OH 44112

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For Sale
Sale Pending

$139,000

4 beds • 2 baths • 2,024 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • Newly Listed
    Time on Century 21

  • $68.68
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 5171728

Courtesy Of Keller Williams Citywide

(440) 892-2211

Property Features

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

Map and Directions

Directions to 1754 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.