Property photo 1
Property photo 2
5 Beds
2 Baths
3,188 sqft

$113,500

1758 Algonac, Cleveland OH, 44112

Price per sqft$35.60
Built in1928
Property size3,188 sqft
Property typeMulti-family

Overview

Active

Listed Nov 5, 2026

Updated 37h ago

ATTENTION INVESTORS! EXCELLENT DUPLEX OPPORTUNITY WITH IMMEDIATE INCOME & ADDITIONAL RENTAL POTENTIAL! Fantastic opportunity to expand your investment portfolio with this spacious two-family property offering a great combination of existing rental income and the flexibility of a vacant unit! This duplex features a vacant 2-bedroom unit and an occupied 3-bedroom unit, making it an attractive opportunity for both seasoned investors and buyers looking to get started in real estate investing. The upstairs 3-bedroom unit is currently occupied by a market-rate tenant who is current on rent, paying $670 per month plus an additional $125 flat monthly fee for water and sewer, providing $795 in total monthly collections. The vacant 2-bedroom unit offers an excellent opportunity for the next owner to make improvements, establish their own rental rate, and create an additional income stream! Whether you're looking to add another income-producing property to your growing portfolio or explore the possibility of occupying one unit while collecting rent from the other, this property offers tremendous flexibility and potential. DON'T MISS THIS OPPORTUNITY TO OWN A DUPLEX WITH EXISTING RENTAL INCOME AND ROOM TO INCREASE CASH FLOW! Property is being sold AS-IS. No wholesalers, contract assignments, or owner financing. Property is part of a larger investment portfolio and may be purchased individually or as part of a bulk portfolio purchase.

$755/mo

Est. mortgage payment based on a $113,500 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
5236708

Interior Features

Bedrooms
5
Bathrooms
2
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.12 Acres

Other Property Details

Taxes
$1,345
Tax Frequency
Annually
Garage
Yes
Municipality
Cleveland

Courtesy of Coldwell Banker Schmidt Realty

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Mark Toler shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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