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.
Prime Investment Opportunity—1743 Algonac Rd, Cleveland, OH Unlock the potential of this duplex investment property located at 1743 Algonac Rd. Each unit features 2 bedrooms and 1 full bath, offering excellent rental income potential. Ideal for investors looking for a value-add opportunity, this property is perfect for renovation, modernization, and maximizing returns. Situated in a neighborhood poised for revitalization, this duplex is ready for a new owner to take charge. The seller will make no repairs, giving investors the freedom to update the property as they see fit.
MLSNOW #4483662
Feb 21, 2024
Listing Removed
—
Feb 11, 2024
Contingent
—
Aug 22, 2023
Listed
$89,000
$44/sq ft
MLSNOW #4375751
Jul 23, 2022
Listing Removed
—
May 23, 2022
Listed
$86,198
$43/sq ft
Public Records
Jul 26, 2021
Sold
$98,500
$49/sq ft
MLSNOW #4287577
Jul 27, 2021
Sold
$43,500
$22/sq ft
Jun 16, 2021
Pending
—
Jun 9, 2021
Listed
$59,900
$30/sq ft
MLSNOW #3168647
Dec 22, 2010
Sold
$9,000
$4/sq ft
Sep 8, 2010
Listed
$15,000
$7/sq ft
MLSNOW #3010430
Jun 29, 2009
Sold
$3,500
$2/sq ft
Mar 5, 2009
Listed
$4,900
$2/sq ft
MLSNOW #2479941
Jan 30, 2009
Listing Removed
—
Jul 30, 2008
Listed
$75,000
$37/sq ft
MLSNOW #2239878
Nov 14, 2005
Sold
$25,900
$13/sq ft
Sep 12, 2005
Listed
$21,900
$11/sq ft
MLSNOW #283847
Feb 12, 1992
Listing Removed
—
Aug 15, 1991
Listed
$55,000
$27/sq ft
Public Records
Jan 29, 1985
Sold
$43,000
$21/sq ft
Public Records
Oct 27, 1982
Sold
$44,000
$22/sq ft
Public Records
Jul 31, 1980
Sold
$23,100
$12/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,306
$3,850 + $30,630
$34,480
2024
$2,305 (+293.4%)
$3,850 + $30,630
$34,480
2023
$586 (+0.6%)
$1,540 + $6,020
$7,560
2022
$583 (+1.0%)
$1,540 + $6,020
$7,560
2021
$577 (+3.6%)
$1,540 + $6,020
$7,560
2020
$557 (+8.0%)
$1,300 + $5,010
$6,310
2019
$516 (+0.3%)
$1,300 + $5,010
$6,310
2018
$515 (+30.6%)
$1,300 + $5,010
$6,310
2017
$394 (+1.0%)
$670 + $3,990
$4,660
2016
$390
$670 + $3,990
$4,660
2015
$390 (−2.7%)
$670 + $3,990
$4,660
2014
$401
$700 + $4,100
$4,800
Tax history for 1743 Algonac Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,306
$3,850 + $30,630
$34,480
2024
$2,305 (+293.4%)
$3,850 + $30,630
$34,480
2023
$586 (+0.6%)
$1,540 + $6,020
$7,560
2022
$583 (+1.0%)
$1,540 + $6,020
$7,560
2021
$577 (+3.6%)
$1,540 + $6,020
$7,560
2020
$557 (+8.0%)
$1,300 + $5,010
$6,310
2019
$516 (+0.3%)
$1,300 + $5,010
$6,310
2018
$515 (+30.6%)
$1,300 + $5,010
$6,310
2017
$394 (+1.0%)
$670 + $3,990
$4,660
2016
$390
$670 + $3,990
$4,660
2015
$390 (−2.7%)
$670 + $3,990
$4,660
2014
$401
$700 + $4,100
$4,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
4
Baths
2
Stories
2
Lot width
34 ft.
Lot depth
118 ft.
Lot size
4,012 Sq. Ft.
Year renovated
1952
Sq. Ft.
2,006
Year built
1925
Style
Multi-Family (2-4 Unit)
County
Cuyahoga County
APN
11705016
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 24, 2026.
Sep 22, 2015 • Final
Res building
Perform interior and exterior alterations and repairs to all affected areas using approved materials. No structural changes are included. Remove all construction debris.
Remodel
Jan 18, 2011 • Final
Res electrical
Perform an inspection of the utility meter.
Electrical
Electric meter
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking
Features: Driveway
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 2
Room Information
# of Rooms (Total): 10
Has Basement
Basement Information: Unfinished
Multi Unit Information
# Of Buildings: 1
Unit Type 1
Two Bedroom
# of Bedrooms: 2
# of Bathrooms Total: 1
Actual Rent: $832
Unit is Leased
Lease Expires: Friday, June 26, 2026
Unit Type 2
Two Bedroom
# of Bedrooms: 2
# of Bathrooms Total: 1
Actual Rent: $1,150
Unit is Leased
Lease Expires: Saturday, October 31, 2026
Exterior
Building Information
Stories: 2
Year Built Source: Owner
Roof Details: Asphalt, Fiberglass
Construction Details: Vinyl Siding
Lot Information
Lot Size Area: 0.0921
Lot Size Acres: 0.0921
Lot Size Source: Assessor
Property Information
Above Grade Finished Area: 2,006
Above Grade Finished Area Source: Assessor
Financial
Tax Information
Annual Tax Amount: $3,002
Tax Year: 2024
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Has Heating
Heating: Forced Air, Gas
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 2,006
Stories: 2.0
Lot Size: 4,012 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1925
Year Renovated: 1952
County: Cuyahoga County
APN: 11705016
Home facts updated by county records on Aug 24, 2026
Around this home
Schools
Euclid Park Elementary School
Public PreK-9 • Assigned • 0.5mi
4/10
Collinwood High School
Public 9-12 • Assigned • 0.6mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 95° expected this year, 17 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
4/10 Air Factor
6 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Cleveland, OH • 44112
Average low and high temperatures (°F)
30
19
36
23
53
35
61
44
65
52
78
64
83
70
79
65
75
60
65
50
51
41
39
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 2 hours in December, placing it below the
U.S. average for solar exposure.
9.2 hrs
2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$146,000 – $177,000
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