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Property Description

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 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.

Features
: Gas, Forced Air
: No
: Driveway
Address Map
OH
Cuyahoga
Cleveland
44112
Algonac
1754
Road
W82° 26' 17.5''
N41° 33' 3.5''
Property Details
Active
Keller Williams Citywide
Mark A Colucci
2020004747
2847
117-03-030
: Asphalt, Fiberglass
: Public Sewer
2
: Vinyl Siding
: Public
$3,248
12/11/2025 23:06:30
No
No
No
No

1754 Algonac Road, Cleveland, Ohio 44112

Residential Income For Sale

2 Bathrooms
2,024 Sqft
$139,000
Listing ID #5171728
Basic Details
Property Type : Residential Income
Property Sub Type : Duplex
Levels : Two
Listing Type : For Sale
Listing ID : 5171728
Price : $139,000
Rooms : 10
Bathrooms : 2
Square Footage : 2,024 Sqft
Year Built : 1928
Lot Area : 0.12 Sqft
Agent info
Berkshire Hathaway HomeServices Professional Realty
7466 Auburn Road Suite A, Concord, Ohio 44077
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