Sold for $139,500 on 12/23/25
$139,500
1754 Algonac Rd, Cleveland, OH 44112
4beds
2,024sqft
Duplex, Multi Family
Built in 1928
-- sqft lot
$139,200 Zestimate®
$69/sqft
$1,135 Estimated rent
Home value
$139,200
$132,000 - $146,000
$1,135/mo
Zestimate® history
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What's special
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.
Zillow last checked: 8 hours ago
Listing updated: December 23, 2025 at 07:43pm
Listing Provided by:
Mark A Colucci 440-590-5219 markcolucci@kw.com,
Keller Williams Citywide
Bought with:
Journey Toole, 2021004623
Keller Williams Living
Source: MLS Now,MLS#: 5171728
Originating MLS: Akron Cleveland Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Gas
Cooling
- None
Features
- Basement: Unfinished
Interior area
- Total structure area: 2,024
- Total interior livable area: 2,024 sqft
- Finished area above ground: 2,024
Property
Parking
- Parking features: Driveway
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,266 sqft
Details
- Parcel number: 11703030
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Cleveland
- Subdivision: Imperial Road Allotment
Price history
| Date | Event | Price |
|---|---|---|
| 12/23/2025 | Sold | $139,500+0.4%$69/sqft |
Source: | ||
| 11/13/2025 | Pending sale | $139,000$69/sqft |
Source: | ||
| 11/12/2025 | Listed for sale | $139,000+152.7%$69/sqft |
Source: | ||
| 7/29/2025 | Listing removed | $1,000 |
Source: Zillow Rentals | ||
| 5/5/2025 | Listed for rent | $1,000 |
Source: Zillow Rentals | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,305 +191% | $34,480 +237.4% |
| 2023 | $792 +0.6% | $10,220 |
| 2022 | $788 +0.9% | $10,220 |
Find assessor info on the county website
Neighborhood: Euclid Green
Nearby schools
GreatSchools rating
- 5/10Euclid Park Elementary SchoolGrades: PK-8Distance: 0.5 mi
- 3/10Collinwood High SchoolGrades: 3,9-12Distance: 0.7 mi
- 3/10Ginn AcademyGrades: K,5,8-12Distance: 0.9 mi
Schools provided by the listing agent
- District: Cleveland Municipal - 1809
Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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Get a free Zillow Showcase℠ listing and you could sell for .
$139,200
2% more+ $2,784
With Zillow Showcase(estimated)
$141,984


