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1331 E 88th Street
Cleveland, OH 44106
1331 E 88th StreetCleveland, OH 44106 1331 E 88th Street Cleveland, OH 44106 $118,000
Property Description
Need a good bang for you buck? Look no further than 1331 E 88th! Located in the upcoming Hough neighborhood, this spacious 5bd/2.5ba property with 1,750+ sq ft, is ideal for group home, shared housing, or long-term rental use. Currently tenant (month to month) occupied at $1,200/month with tenant paying all utilities. Property meets 1% rent rule and can easily exceed with market rents projected at $1,800–$2,200 (CMHA $2599). Vinyl windows and mechanicals installed in 2022 and fresh paint and carpet in 2025. 8% cap rate makes this an easy win! Great opportunity for investors seeking cash flow with appreciation potential. Perfect home for large families and pet owners as a large fenced in backyard completes the exterior. Close to bus lines and public transit. Less than 5 minutes from University Circle, Cleveland Clinic, UH, and CWRU and 12 mins to Downtown. Call for a private tour today before this turnkey opportunity is gone!
- Township Cleveland
- MLS ID 5184647
- School Cleveland Municipal - 1809
- Property type: Residential
- Bedrooms 5
- Bathrooms 2 Full / 1 Half
- Status Active
- Estimated Taxes $1,826
Additional Information
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Heating
ForcedAir
Cooling
None
Utilities
Sewer: PublicSewer
Water: Public
Roof
Asphalt,Shingle
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Approximate Lot Size
0.1029 Acres
Listing Courtesy of: Keller Williams Greater Metropolitan
Last updated: 02/02/2026 1:08:43 PM
