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.
Prime Investment Opportunity—1754 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 property is sold As-Is seller will make no repairs, giving investors the freedom to update the property as they see fit.
APPFOLIO #1
Apr 10, 2024
Rental Removed
$800
$0/sq ft
Mar 21, 2024
Price Changed
$800
$0/sq ft
Jul 21, 2023
Listed for Rent
$750
$0/sq ft
MLSNOW #4475409
Feb 11, 2024
Listing Removed
—
Aug 12, 2023
Listed
$89,900
$44/sq ft
MLSNOW #4375744
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 #4287594
Jul 27, 2021
Sold
$55,000
$27/sq ft
Jun 16, 2021
Pending
—
Jun 9, 2021
Listed
$64,900
$32/sq ft
MLSNOW #3626759
Aug 12, 2014
Sold
$5,000
$2/sq ft
Aug 1, 2014
Listing Removed
—
Jun 9, 2014
Listed
$8,900
$4/sq ft
Public Records
Nov 2, 2011
Sold
$20,000
$10/sq ft
MLSNOW #3257318
Oct 21, 2011
Sold
$9,000
$4/sq ft
Aug 22, 2011
Listed
$19,500
$10/sq ft
MLSNOW #3087296
Nov 30, 2010
Listing Removed
—
Nov 30, 2009
Listed
$27,500
$14/sq ft
MLSNOW #2406888
Aug 30, 2008
Listing Removed
—
Sep 2, 2007
Listed
$55,900
$28/sq ft
MLSNOW #2334562
Jul 30, 2007
Listing Removed
—
Aug 8, 2006
Listed
$69,900
$35/sq ft
MLSNOW #2190357
Jul 30, 2006
Listing Removed
—
Jan 30, 2005
Listed
$75,900
$38/sq ft
Public Records
Dec 14, 1987
Sold
$22,000
$11/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,306
$4,410 + $30,070
$34,480
2024
$2,305 (+191.0%)
$4,410 + $30,070
$34,480
2023
$792 (+0.6%)
$1,750 + $8,470
$10,220
2022
$788 (+0.9%)
$1,750 + $8,470
$10,220
2021
$780 (+3.5%)
$1,750 + $8,470
$10,220
2020
$754 (+8.0%)
$1,470 + $7,070
$8,540
2019
$699 (+0.3%)
$1,470 + $7,070
$8,540
2018
$696 (−11.5%)
$1,470 + $7,070
$8,540
2017
$787 (+0.8%)
$770 + $8,540
$9,310
2016
$781 (+0.1%)
$770 + $8,540
$9,310
2015
$780 (−2.9%)
$770 + $8,540
$9,310
2014
$803
$810 + $8,790
$9,600
Tax history for 1754 Algonac Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,306
$4,410 + $30,070
$34,480
2024
$2,305 (+191.0%)
$4,410 + $30,070
$34,480
2023
$792 (+0.6%)
$1,750 + $8,470
$10,220
2022
$788 (+0.9%)
$1,750 + $8,470
$10,220
2021
$780 (+3.5%)
$1,750 + $8,470
$10,220
2020
$754 (+8.0%)
$1,470 + $7,070
$8,540
2019
$699 (+0.3%)
$1,470 + $7,070
$8,540
2018
$696 (−11.5%)
$1,470 + $7,070
$8,540
2017
$787 (+0.8%)
$770 + $8,540
$9,310
2016
$781 (+0.1%)
$770 + $8,540
$9,310
2015
$780 (−2.9%)
$770 + $8,540
$9,310
2014
$803
$810 + $8,790
$9,600
*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
45 ft.
Lot depth
117 ft.
Lot size
5,266 Sq. Ft.
Year renovated
1952
Sq. Ft.
2,024
Year built
1928
Style
Multi-Family (2-4 Unit)
County
Cuyahoga County
APN
11703030
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 24, 2026.
Aug 8, 2007 • Final
Res electrical
Install new electrical panels and a meter base. Perform an inspection to restore electrical service.
Electrical
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: $1,087
Unit is Leased
Lease Expires: Saturday, July 25, 2026
Unit Type 2
Two Bedroom
# of Bedrooms: 2
# of Bathrooms Total: 1
Actual Rent: $1,250
Unit is Leased
Lease Expires: Sunday, June 14, 2026
Exterior
Building Information
Stories: 2
Year Built Source: Owner
Roof Details: Asphalt, Fiberglass
Construction Details: Vinyl Siding
Lot Information
Lot Size Area: 0.1209
Lot Size Acres: 0.1209
Lot Size Source: Assessor
Property Information
Above Grade Finished Area: 2,024
Above Grade Finished Area Source: Assessor
Financial
Tax Information
Annual Tax Amount: $3,248
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.: 2,024
Stories: 2.0
Lot Size: 5,266 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1928
Year Renovated: 1952
County: Cuyahoga County
APN: 11703030
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
78
64
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
$136,000 – $165,000
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