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Sold for $116,000
  • $116,000

    1872 Lampson Rd, Cleveland, OH 44112

    5beds
    2,964sqft
    Triplex, Multi Family
    Built in 1920
    -- sqft lot
    $116,000 Zestimate®
    $39/sqft
    $1,053 Estimated rent

    Home value

    $116,000

    $109,000 - $123,000

    $1,053/mo

    Zestimate® history
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    Rent Zestimate®

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    $676/mo

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    $676/mo

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    What's special

    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!

    Zillow last checked: 8 hours ago

    Listing updated: January 17, 2026 at 02:53pm

    Listing Provided by:

    Michael Azzam 216-446-7606 mike@theazzamgroup.com,

    RE/MAX Haven Realty

    Bought with:

    Julie Hawkins, 2024006635

    Coldwell Banker Schmidt Realty

    Source: MLS Now,MLS#: 5171634MLS LogoOriginating 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

    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 sqft
    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 & neighborhood

    Location
    • Region: Cleveland
    • Subdivision: Colonial Heights

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    1/16/2026Sold$116,000-10.8%$39/sqft
    Source: MLS Now #5171634 Report a problem
    1/8/2026Pending sale$130,000$44/sqft
    Source: MLS Now #5171634 Report a problem
    11/12/2025Listed for sale$130,000+18.2%$44/sqft
    Source: MLS Now #5171634 Report a problem
    3/7/2022Sold$110,000-4.3%$37/sqft
    Source: MLS Now #4346540 Report a problem
    2/3/2022Pending sale$115,000$39/sqft
    Source: MLS Now #4346540 Report a problem

    Public tax history

    YearProperty taxesTax 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

    Neighborhood: Euclid Green

    Nearby schools

    GreatSchools rating
    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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