1331 E 88th St Cleveland, OH 44106
Hough NeighborhoodEstimated payment $758/month
Highlights
- Colonial Architecture
- No HOA
- Forced Air Heating System
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!
Listing Agent
Keller Williams Greater Metropolitan Brokerage Email: nimmerknows@gmail.com, 216-312-5959 License #2013001241 Listed on: 02/02/2026
Co-Listing Agent
Keller Williams Greater Metropolitan Brokerage Email: nimmerknows@gmail.com, 216-312-5959 License #2014001709
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,826
Year Built
- Built in 1970
Lot Details
- 4,482 Sq Ft Lot
Parking
- Driveway
Home Design
- Colonial Architecture
- Frame Construction
- Asphalt Roof
Interior Spaces
- 1,758 Sq Ft Home
- 2-Story Property
- Unfinished Basement
Bedrooms and Bathrooms
- 5 Bedrooms
- 2.5 Bathrooms
Utilities
- No Cooling
- Forced Air Heating System
Community Details
- No Home Owners Association
- W H Vantine Trustees Subdivision
Listing and Financial Details
- Home warranty included in the sale of the property
- Assessor Parcel Number 107-14-086
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,779 | $26,600 | $3,395 | $23,205 |
| 2023 | $459 | $5,920 | $1,860 | $4,060 |
| 2022 | $456 | $5,920 | $1,860 | $4,060 |
| 2021 | $452 | $5,920 | $1,860 | $4,060 |
| 2020 | $451 | $5,110 | $1,610 | $3,500 |
| 2019 | $418 | $14,600 | $4,600 | $10,000 |
| 2018 | $479 | $5,110 | $1,610 | $3,500 |
| 2017 | $545 | $6,450 | $2,070 | $4,380 |
| 2016 | $541 | $6,450 | $2,070 | $4,380 |
| 2015 | $516 | $6,450 | $2,070 | $4,380 |
| 2014 | $516 | $6,130 | $1,960 | $4,170 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/02/2026 02/02/26 | For Sale | $118,000 | +55.3% | $67 / Sq Ft | |
| 09/23/2022 09/23/22 | Sold | $76,000 | -5.0% | $43 / Sq Ft | View Prior Sale |
| 08/21/2022 08/21/22 | Pending | -- | -- | -- | |
| 08/18/2022 08/18/22 | For Sale | $80,000 | +45.5% | $46 / Sq Ft | |
| 03/18/2022 03/18/22 | Sold | $55,000 | -6.8% | $21 / Sq Ft | View Prior Sale |
| 01/20/2022 01/20/22 | Pending | -- | -- | -- | |
| 01/06/2022 01/06/22 | Price Changed | $59,000 | -14.5% | $23 / Sq Ft | |
| 10/28/2021 10/28/21 | For Sale | $69,000 | -- | $26 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $76,000 | Chicago Title | |
| Warranty Deed | $55,000 | Ohio Real Title | |
| Special Warranty Deed | $2,500 | Phoenix Title Agency | |
| Executors Deed | $30,700 | Chicago Title Insurance C | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $55,962 | New Conventional |
Source: MLS Now
MLS Number: 5184647
APN: 107-14-086
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