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
- Days on Market
- 65
- Closing Date
- Jan 16, 2026
- MLS#
- 5171634
- Subtype
- Residential Income
- Year Built
- 1920
- Bedrooms
- 5
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 2,964
- Acres
- 0.14
- Subdivision
- Colonial Heights
- Neighborhood
- Colonial Heights
- MLS Area Major
- Cleveland
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!
Additional Information
- Exterior Features
- Balcony
- Taxes
- $2,574
- Heating
- Forced Air
- Air Conditioning
- None
- Stories
- 2
- Levels
- Two
- Roof
- Asphalt, Shingle
- Parking Features
- Detached, Garage
- Garage Spaces
- 3
- School District
- Cleveland Municipal - 1809
Listing Courtesy of: Michael Azzam, mike@theazzamgroup.com With RE/MAX Haven Realty
Selling Office: Coldwell Banker Schmidt Realty.Mortgage Calculator
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