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!
Pending
$130,000
1872 Lampson Rd, Cleveland, OH 44112
5beds
2,964sqft
Est.:
Triplex, Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$44/sqft
$-- HOA
What's special
Large front porch
- 58 days |
- 207 |
- 13 |
Zillow last checked: 8 hours ago
Listing updated: January 08, 2026 at 01:52pm
Listing Provided by:
Michael Azzam 216-446-7606 mike@theazzamgroup.com,
RE/MAX Haven Realty
Source: MLS Now,MLS#: 5171634
Originating MLS: Akron Cleveland Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air
Cooling
- None
Appliances
- Laundry: In Basement
Features
- Basement: Full
Interior area
- Total structure area: 2,964
- Total interior livable area: 2,964 sqft
- Finished area above ground: 2,964
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Detached, Garage
- Garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Patio & porch: Balcony
- Exterior features: Balcony
Lot
- Size: 5,959.01 Square Feet
Details
- Parcel number: 11713025
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Frame
- Roof: Asphalt,Shingle
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Colonial Heights
Location
- Region: Cleveland
Financial & listing details
- Price per square foot: $44/sqft
- Tax assessed value: $110,000
- Annual tax amount: $2,574
- Date on market: 11/12/2025
- Cumulative days on market: 57 days
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/8/2026 | Pending sale | $130,000$44/sqft |
Source: | ||
| 11/12/2025 | Listed for sale | $130,000+18.2%$44/sqft |
Source: | ||
| 3/7/2022 | Sold | $110,000-4.3%$37/sqft |
Source: | ||
| 2/3/2022 | Pending sale | $115,000$39/sqft |
Source: | ||
| 2/1/2022 | Listed for sale | $115,000+53.3%$39/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,574 +276.1% | $38,500 +336.5% |
| 2023 | $685 +1.6% | $8,820 |
| 2022 | $673 +1% | $8,820 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$877/mo
Principal & interest
$623
Property taxes
$208
Home insurance
$46
Climate risks
Neighborhood: Euclid Green
Nearby schools
GreatSchools rating
- 4/10Euclid Park Elementary SchoolGrades: PK-8Distance: 0.7 mi
- 2/10Collinwood High SchoolGrades: 3,9-12Distance: 0.8 mi
- 5/10Kenneth W Clement Boys Leadership AcademyGrades: PK-8Distance: 1.1 mi
Schools provided by the listing agent
- District: Cleveland Municipal - 1809
Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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