1872 Lampson Road, Cleveland, OH 44112
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by: michael azzam
Office: re/max haven realty
MLS#:5171634
Source:OH_NORMLS
Price summary
- Price:$130,000
- Price per sq. ft.:$43.86
About this home
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!
Contact an agent
Home facts
- Year built:1920
- Listing ID #:5171634
- Added:36 day(s) ago
- Updated:December 19, 2025 at 07:14 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Living area:2,964 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt, Shingle
- Year built:1920
- Building area:2,964 sq. ft.
- Lot area:0.14 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$130,000
- Price per sq. ft.:$43.86
- Tax amount:$2,574 (2024)
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