1331 E 88th Street, Cleveland, OH 44106

Local realty services provided by:Better Homes and Gardens Real Estate Central
1331 E 88th Street,Cleveland, OH 44106
$118,000
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  • 5 Beds
  • 3 Baths
  • 1,758 sq. ft.
  • Single family
  • Active
Listed by: athena t nimmer, jermaine n brooks
Office: keller williams greater metropolitan
MLS#:5184647
Source:OH_NORMLS

Price summary

  • Price:$118,000
  • Price per sq. ft.:$67.12

About this home

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!

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Home facts

  • Year built:1970
  • Listing ID #:5184647
  • Added:1 day(s) ago
  • Updated:February 02, 2026 at 06:44 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:2
  • Half bathrooms:1
  • Living area:1,758 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1970
  • Building area:1,758 sq. ft.
  • Lot area:0.1 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$118,000
  • Price per sq. ft.:$67.12
  • Tax amount:$1,826 (2025)
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