1754 Algonac Road
Description
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:
ā¢ Lower Unit: $1,250/month (lease: 7/1/25ā6/14/26)
ā¢ Upper Unit: $1,087/month (lease: 7/26/25ā7/25/26)
ā¢ Gross Rents: $2,337/month...1754 Algonac Rd, Cleveland, OH 44112 ā 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:
ā¢ Lower Unit: $1,250/month (lease: 7/1/25ā6/14/26)
ā¢ Upper Unit: $1,087/month (lease: 7/26/25ā7/25/26)
ā¢ Gross Rents: $2,337/month ($28,044/year)
ā¢ Price: $139,000
Highlights:
ā¢ Fully rehabbed inside and out ā updated kitchens, modern baths, new flooring, fresh paint, and all major systems upgraded. Financials:
ā¢ Lower Unit: $1,250/month (lease: 7/1/25ā6/14/26)
ā¢ Upper Unit: $1,087/month (lease: 7/26/25ā7/25/26)
ā¢ Gross Rents: $2,337/month ($28,044/year)
ā¢ Price: $139,000
Highlights:
ā¢ Fully rehabbed inside and out ā updated kitchens, modern baths, new flooring, fresh paint, and all major systems upgraded ā¢ All new hot water tank, all new furnace, all new utilities. ā¢ All new hot water tank, all new furnace, all new utilities ā¢ All new appliances
ā¢ Tenants pay all utilities besides water
ā¢ Both units occupied with reliable tenants and long-term leases already in place. ā¢ All new appliances
ā¢ Tenants pay all utilities besides water
ā¢ Both units occupied with reliable tenants and long-term leases already in place ā¢ Strong rent-to-price ratio exceeding the 1% rule, making it a true cash-flow performer. ā¢ Strong rent-to-price ratio exceeding the 1% rule, making it a true cash-flow performer ā¢ Professionally managed with a $300 property reserve in place for smooth operations. ā¢ Professionally managed with a $300 property reserve in place for smooth operations ā¢ Low maintenance and high return ā 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.
Recent comparable sales
Median sold price
$138,300
Avg days on market
27
Sale-to-list ratio
101.1%
Cleveland, OH
9 comparable properties found
$139,500
Sold 12/23/25
- 4
- Bedrooms
- 2
- Bathrooms
- 2,006
- Square Feet
- 0.09
- Acres
$127,000
Sold 11/08/24
- 4
- Bedrooms
- 2
- Bathrooms
- 2,138
- Square Feet
- 0.14
- Acres
$138,300
Sold 04/11/25
- 4
- Bedrooms
- 2
- Bathrooms
- 1,948
- Square Feet
- 0.17
- Acres
$160,000
Sold 08/19/25
- 4
- Bedrooms
- 2
- Bathrooms
- 2,253
- Square Feet
- 0.13
- Acres
$115,000
Sold 09/29/26
- 4
- Bedrooms
- 2
- Bathrooms
- 1,910
- Square Feet
- 0.12
- Acres
$149,000
Sold 11/18/25
- 4
- Bedrooms
- 2
- Bathrooms
- 1,824
- Square Feet
- 0.07
- Acres
$115,000
Sold 12/08/25
- 4
- Bedrooms
- 2
- Bathrooms
- 1,722
- Square Feet
- 0.18
- Acres
$157,000
Sold 11/19/25
- 4
- Bedrooms
- 2
- Bathrooms
- 1,954
- Square Feet
- 0.09
- Acres
Location
Sold By Keller Williams Living
$1,015 per month
30 year fixed, 7.03% Interest
$745
$271
$0
1Property Information for 1754 Algonac Road
Property Details
- Taxes: $3,248 / year
- MLS Type: Residential Income / Duplex
- County: Cuyahoga County
- Subdivision Name: Imperial Road Allotment
- Has Waterfront: No
Building Information
- Stories: 2
- Year Built: 1928
- Lot Size: 0.12 AC / 5,266 SF
Summary
- Directions: Off Euclid Ave
- Latitude: 41.550978
- Longitude: -81.561796
- Township: Cleveland
- Parcel Number: 117-03-030
- Tax Annual Amount: $3,248.00
- Tax Legal Description: 10 IMPRD 0016 ALL
- Tax Year: 2024
- Elementary School District: Cleveland Municipal - 1809
- High School District: Cleveland Municipal - 1809
- Middle or Junior School District: Cleveland Municipal - 1809
- Attached Garage: No
- Carport: No
- Garage: No
- Parking Features: Driveway
- Virtual Tour URL Unbranded 3: https://www.propertypanorama.com/1754-Algonac-Road-Cleveland-OH-44112--5171728/unbranded
Property
- Lot Size Acres: 0.1209
- Lot Size Area: 0.1209
- Lot Size Source: Assessor
- Lot Size Units: Acres
- Above Grade Finished Area: 2024.0
- Above Grade Finished Area Source: Assessor
- Living Area: 2024.0
- Living Area Units: Square Feet
- Year Built: 1928
- Year Built Source: Owner
- Construction Materials: Vinyl Siding
- Levels: Two
- Number of Buildings: 1
- Sewer: Public Sewer
- Water Source: Public
Interior and Exterior Features
- Basement: Unfinished
- Has Basement: Yes
- Full Bathrooms: 2
- Total Bathrooms Integer: 2
- Total Bedrooms: 4
- Cooling: None
- Has Cooling: No
- Heating: Forced Air, Gas
- Has Heating: Yes
- Total Rooms: 10
- Private Pool: No
- Roof: Asphalt, Fiberglass
- Stories: 2
Unit Information
- Actual Rent: $1,087.00
- Total Bathrooms: 1
- Total Bedrooms: 2
- Leased: Yes
- Lease Expires: 07-24-2026 08:00:00 PM
- Occupant Type: Occupied
- Type: Two Bedroom
- Actual Rent: $1,250.00
- Total Bathrooms: 1
- Total Bedrooms: 2
- Leased: Yes
- Lease Expires: 06-13-2026 08:00:00 PM
- Occupant Type: Occupied
- Type: Two Bedroom
Property History for 1754 Algonac Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Dec 23, 2025 | Sold MLS Now #5171728 | $139,500 | ā |
| Dec 22, 2025 | Sold (Public Record) Public Record #1923983320 | $139,500 | +171.0% / yr |
| Nov 13, 2025 | Contract Signed MLS Now #5171728 | ā | |
| Nov 12, 2025 | Listed (Active) MLS Now #5171728 | $139,000 | ā |
| Jan 15, 2025 | Sold (Public Record) Public Record #1548913720 | $55,000 | -15.4% / yr |
| Jan 15, 2025 | Sold MLS Now #5074225 | $55,000 | ā |
| Jan 3, 2025 | Contract Signed MLS Now #5074225 | ā | |
| Oct 11, 2024 | Listed (Active) MLS Now #5074225 | $64,900 | ā |
| Feb 11, 2024 | Temporarily Off Market MLS Now #4475409 | $89,900 | ā |
| Aug 12, 2023 | Listed (Active) MLS Now #4475409 | $89,900 | ā |
| Jul 23, 2022 | Temporarily Off Market MLS Now #4375744 | $86,198 | ā |
| May 23, 2022 | Listed (Active) MLS Now #4375744 | $86,198 | ā |
| Jul 27, 2021 | Sold MLS Now #4287594 | $55,000 | ā |
| Jul 22, 2021 | Sold (Public Record) Public Record #1470708378 | $98,500 | +53.5% / yr |
| Jun 15, 2021 | Contract Signed MLS Now #4287594 | ā | |
| Jun 9, 2021 | Listed (Active) MLS Now #4287594 | $64,900 | ā |
| Aug 12, 2014 | Sold MLS Now #3626759 | $5,000 | ā |
| Aug 9, 2014 | Sold (Public Record) Public Record #433407388 | $5,000 | -39.2% / yr |
| Aug 1, 2014 | Contract Signed MLS Now #3626759 | ā | |
| Jun 9, 2014 | Listed (Active) MLS Now #3626759 | $10,500 | ā |
| Oct 27, 2011 | Sold (Public Record) Public Record #318611199 | $20,000 | ā |
| Oct 21, 2011 | Sold (Public Record) Public Record #317811050 | $9,100 | ā |
| Oct 21, 2011 | Sold MLS Now #3257318 | $9,000 | ā |
| Oct 18, 2011 | Contract Signed MLS Now #3257318 | ā | |
| Aug 22, 2011 | Listed (Active) MLS Now #3257318 | $19,500 | ā |
| Nov 30, 2010 | Temporarily Off Market MLS Now #3087296 | $27,500 | ā |
| Nov 30, 2009 | Listed (Active) MLS Now #3087296 | $50,000 | ā |
| Aug 30, 2008 | Temporarily Off Market MLS Now #2406888 | $55,900 | ā |
| Sep 2, 2007 | Listed (Active) MLS Now #2406888 | $67,000 | ā |
| Jul 30, 2007 | Temporarily Off Market MLS Now #2334562 | $69,900 | ā |
| Aug 8, 2006 | Listed (Active) MLS Now #2334562 | $71,900 | ā |
| Jul 30, 2006 | Temporarily Off Market MLS Now #2190357 | $75,900 | ā |
| Jan 30, 2005 | Listed (Active) MLS Now #2190357 | $79,900 | ā |
| Date | Event & Source | Price |
|---|---|---|
| 12/23/2025 | Sold MLS Now #5171728 | $139,500 |
| 12/22/2025 | Sold (Public Record) Public Record #1923983320 | $139,500 +171.0% / yr |
| 11/13/2025 | Contract Signed MLS Now #5171728 | ā |
| 11/12/2025 | Listed (Active) MLS Now #5171728 | $139,000 |
| 01/15/2025 | Sold (Public Record) Public Record #1548913720 | $55,000 -15.4% / yr |
| 01/15/2025 | Sold MLS Now #5074225 | $55,000 |
| 01/03/2025 | Contract Signed MLS Now #5074225 | ā |
| 10/11/2024 | Listed (Active) MLS Now #5074225 | $64,900 |
| 02/11/2024 | Temporarily Off Market MLS Now #4475409 | $89,900 |
| 08/12/2023 | Listed (Active) MLS Now #4475409 | $89,900 |
| 07/23/2022 | Temporarily Off Market MLS Now #4375744 | $86,198 |
| 05/23/2022 | Listed (Active) MLS Now #4375744 | $86,198 |
| 07/27/2021 | Sold MLS Now #4287594 | $55,000 |
| 07/22/2021 | Sold (Public Record) Public Record #1470708378 | $98,500 +53.5% / yr |
| 06/15/2021 | Contract Signed MLS Now #4287594 | ā |
| 06/09/2021 | Listed (Active) MLS Now #4287594 | $64,900 |
| 08/12/2014 | Sold MLS Now #3626759 | $5,000 |
| 08/09/2014 | Sold (Public Record) Public Record #433407388 | $5,000 -39.2% / yr |
| 08/01/2014 | Contract Signed MLS Now #3626759 | ā |
| 06/09/2014 | Listed (Active) MLS Now #3626759 | $10,500 |
| 10/27/2011 | Sold (Public Record) Public Record #318611199 | $20,000 |
| 10/21/2011 | Sold (Public Record) Public Record #317811050 | $9,100 |
| 10/21/2011 | Sold MLS Now #3257318 | $9,000 |
| 10/18/2011 | Contract Signed MLS Now #3257318 | ā |
| 08/22/2011 | Listed (Active) MLS Now #3257318 | $19,500 |
| 11/30/2010 | Temporarily Off Market MLS Now #3087296 | $27,500 |
| 11/30/2009 | Listed (Active) MLS Now #3087296 | $50,000 |
| 08/30/2008 | Temporarily Off Market MLS Now #2406888 | $55,900 |
| 09/02/2007 | Listed (Active) MLS Now #2406888 | $67,000 |
| 07/30/2007 | Temporarily Off Market MLS Now #2334562 | $69,900 |
| 08/08/2006 | Listed (Active) MLS Now #2334562 | $71,900 |
| 07/30/2006 | Temporarily Off Market MLS Now #2190357 | $75,900 |
| 01/30/2005 | Listed (Active) MLS Now #2190357 | $79,900 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public records
1754 Algonac Road
Baths
2Total Finished SqFt
2,024 SqFtAbove Grade Finished SqFt
2,024 SqFtStories
2Lot Size
5,265 SqFtStyle
Multi-Family Dwelling (2-4)Schools near 1754 Algonac Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 9 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 | |||
| Public - | PK to 8 |
Rating | School | Distance |
|---|---|---|
Euclid Park Elementary School PublicPK to 9 | ||
Collinwood High School Public9 to 12 | ||
Ginn Academy Public9 to 12 | ||
East Clark School PublicPK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Nearby home values
| Address | Sold price | Beds | Baths | Sqft | Lot (Sqft) |
|---|---|---|---|---|---|
This home: 1754 Algonac Road, Cleveland, OH 44112 | $139,500 | 4 | 2 | 2,024 | 5,266 |
$18,000 | 3 | 1 | ā | 5,184 | |
ā | ā | 2 | 1,976 | 3,990 | |
$130,000 | 4 | 2 | ā | 5,401 | |
$132,000 | ā | 2 | 2,184 | 5,490 | |
ā | ā | 2 | 2,024 | 9,483 | |
ā | ā | 2 | 2,004 | 4,840 | |
$139,500 | 4 | 2 | 2,006 | 4,011 | |
ā | ā | 2 | 2,148 | 5,580 | |
ā | ā | 2 | 2,008 | 4,880 | |
$76,000 | 4 | 2 | 2,008 | 4,961 | |
$4,400 | ā | 2 | 2,084 | 6,072 | |
$81,000 | 4 | 2 | 1,988 | 5,623 | |
ā | 4 | 2 | 2,084 | 5,764 | |
ā | ā | 2 | 2,248 | 5,715 | |
$50,000 | 4 | 2 | 3,650 | 5,715 |
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