1872 Lampson Road, Cleveland, OH 44112
- $116,000
- 5
- BD
- 3
- BA
- 2,964
- SqFt
- Sold Price
- $116,000
- List Price
- $130,000
- Status
- CLOSED
- Stories
- 2
- MLS#
- 5171634
- Year Built
- 1920
- Closing Date
- Jan 16, 2026
- Bedrooms
- 5
- Bathrooms
- 3
- Living Area
- 2,964
- Region
- Cleveland
- Township
- Cleveland
- Subdivision / Building
- Colonial Heights
Property Description
Investor opportunity in a highly desirable area! This tri-plex features 1 vacant units and 2 occupied unit, offering strong potential for value-add improvements. There’s a new tenant placed in the 1st unit, it rents for $850/mo. Unit 1 and Unit 2 each have 2 bedrooms and 1 bathroom and share a large front porch, while Unit 3 is a 1-bedroom, 1-bath unit currently being upgraded with new cabinets and countertops. The property includes 3 hot water tanks, 3 furnaces, 3 electric meters, and 3 water meters, making utility management simple. The front and sides of the exterior were recently painted, boosting curb appeal. Located in a prime neighborhood near shopping, dining, and public transportation, this property provides easy access to major thoroughfares while being in a vibrant, high-demand area. With excellent potential for upgrades and long-term rental growth, this tri-plex is ideal for investors looking to maximize returns. Full-service property management is available with dedicated departments for leasing, marketing, and tenant communication. Rehab and construction services are also offered for remote investors. Don’t miss this opportunity—schedule a showing today and explore the potential this property has to offer!
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Additional Information
- Taxes
- $2,574
- Acres
- 0.14
- Sewer
- Public Sewer
- Exterior Features
- Balcony
- Roof
- Asphalt, Shingle
- Water
- Public
- Garage Spaces
- 3
- Heating
- Forced Air
- Cooling
- None
- School District
- Cleveland Municipal - 1809
Mortgage Calculator
Listing Courtesy of: Michael Azzam, mike@theazzamgroup.com With RE/MAX Haven Realty
Selling Office: Coldwell Banker Schmidt Realty.The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now and updated as of . Real estate listings held by brokerage firms other than Real Estate Company are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s).
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