Listed By
Agency Name: Keller Williams Greater Metropolitan
Agency Contact: nimmerknows@gmail.com, 216-312-5959
Shown By
Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575
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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!
Property Features
Property Type: Residential - Single Family
Basement: Yes
Basement: Unfinished
Cooling: None
Days on Market: 24
Heating: Forced Air
Home Style: Colonial
Lot Size: 0.10 Acres
Roof Type: Asphalt, Shingle
Stories: 2.0
Taxes: $1,826 / year
Year Built: 1970
Feature Descriptions
Exterior: Frame
Parcel#: 107-14-086
Parking: Driveway
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
Estimate Your Payment
Estimated Payment
$ 762.31 per month $575.72 Principal & Interest $152.17 Property Tax $34.42 Homeowner's InsuranceChange Payment Information
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1331 E 88th Street | MLS# 5184647
This single family home located at 1331 E 88th Street, Cleveland, OH 44106 is currently listed for sale with an asking price of $118,000. This property was built in 1970 and has 5 bedrooms and 2 full and 1 partial baths with 1758 sq. ft. E 88th Street is located in the W H Vantine Trustees subdivision within the Cleveland Municipal - 1809 school district. Search W H Vantine Trustees real estate on www.cutlercigroup.com today.