Fix&Hold (Duplex): 2 Units, 2342 E 88th St, Cleveland, OH + $65,000
- Promise Land Realty
- 2 days ago
- 3 min read
Multifamily Investment Opportunity
Price
$65,000
OFF-MARKET | CLEVELAND, OH
2342 E 88th St – Duplex Investment Opportunity
Value-Add Multifamily | Strong ARV Spread
Property Photos:
Property Overview
Address: 2342 E 88th St, Cleveland 44106
Property Type: Duplex (Multifamily)
Asking Price: $65,000
Year Built: 1915
Property Details
Unit Configuration: 2 Units
Total Bedrooms / Bathrooms: 4 Bed / 2 Bath
Building Size: 1,858 Sq Ft
Lot Size: 3,149 Sq Ft
Investment Highlights
ARV: $130,000 – $155,000
Strong upside for fix-and-flip or buy-and-hold investors
Classic Cleveland duplex with solid footprint
Ideal for Section 8, workforce housing, or BRRRR strategy
Attractive entry price with clear value-add potential
Access
Lockbox Access Available
Lockbox Code: 2432
Easy to show for serious buyers
Notes
Off-market opportunity
Property sold as-is
Buyer to verify taxes, rent potential, and condition
Clean title expected
Photos
📸 Property Photos: https://drive.google.com/drive/folders/1pFx04AD2bghI6b2HNu_295bLJNVVnFPR
Investment Summary
2342 E 88th St offers investors a low-basis entry into a Cleveland duplex with a compelling ARV spread and multiple exit strategies. Perfect for investors seeking scalable cash-flow assets or quick equity creation in a strong rental market.
📩 Submit all offers directly to:investments@promiselandrealtyllc.com
Property Map
OFFICIAL PROMISELAND LENDING PARTNER
100% Financing for Rehab Projects
Powered by Residential Capital Partners
ResCap is a direct private lender offering zero-money-down loan options for 1-4 unit residential investment flips & rentals across the U.S.
🔹 100% Financing – Covers purchase + rehab
🔹 Fast Closings – ~10 days
🔹 Credit Requirements – 620+ FICO (Rehab), 660+ FICO (DSCR)
🔹 Loan Size – $75K–$1.25M
🔹 Rates – 10.9%–11.9% | 2–3% origination | 1st lien
🔹 Serviced In-House | Virtual Inspections | No Owner-Occ or Rural Props
Nationwide Coverage (Excludes: AK, AZ, NV, PA)
Proof of Funds Available
This listing is proudly sponsored by Residential Capital Partners – trusted lending for the nation’s best flippers.
For more info email sarter@promiselandrealtyllc.com or text (864) 762-2509
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PROMISELAND DISCLAIMER:
Promiseland Realty LLC is a nationwide real estate consulting firm specializing in off-market investment opportunities, strategic acquisitions, and real estate advisory services.
No one is permitted to market, advertise, or distribute this listing without express written permission or verified membership within the TEAM PROMISELAND network. Unauthorized use or sharing of this opportunity, photos, or property information will result in a $500 fine per incident, enforceable by law.
All off-market properties are sold As-Is, Where-Is. Buyer is responsible for conducting their own due diligence. Properties are conveyed via warranty deed, and Promiseland Realty LLC is selling its assignable contractual interest.
Proof of Funds is required with all offers. Earnest Money Deposit (EMD) is due within 48 hours of an accepted offer. All closings are facilitated through a licensed title company or closing attorney.
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