$118,000

1331 E 88th Street, Cleveland, OH 44106

5 beds |
3 baths |
1,758 sqft

Single-Family Home
Built in 1970
4,482sqft lot
—— car garage
$67/sqft
Listed 12 days ago

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!

Listing Status:: Active
Data Last Updated:: February 14, 2026 at 7:18AM
Listing Office:: Keller Williams Greater Metropolitan : 216-839-5500
Listing Agent:: Athena T Nimmer : 216-312-5959
MLS ID:: 5184647

Basement: Unfinished
A/C: None
Heating: Forced Air
Fireplace: Fireplaces: 0

Style: Colonial
Parking: Driveway

Roofing: AsphaltShingle
General: Frame2

Originating MLS: NOWDD_NORM
School District: Cleveland Municipal - 1809
County: Cuyahoga

Zoning: 384 VANTINE 0035 ALL107-14-086

Water: Public
Sewer: Public Sewer

Source: NOWDD_NORM

This listing courtesy of Athena T Nimmer , Keller Williams Greater Metropolitan

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Daniel E. Morgan Elementary School

8912 Morris Ct, Cleveland, OH, 44106

Grades PK-8

0.19 miles away

Daniel E. Morgan Elementary School

8912 Morris Ct, Cleveland, OH, 44106

Grades PK-8

0.19 miles away

Cleveland Early College High School

2075 Stokes Blvd, Cleveland, OH, 44106

Grades 9-12

1.44 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.