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    1872 Lampson Rd Cleveland, OH 44112

    For Sale
    $130,000

    MULTI_FAMILY - Cleveland, OH

    Property size:
    2,964 SF
    Lot size:
    0.14 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 6 at 9:06 am

    Property Features for 1872 Lampson Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 3, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 2, Laundry Room, Basement, Bedroom 3, Bedroom 1, Bedroom 5
    Bedrooms
    5
    Bathrooms
    3
    APN
    117-13-025
    Parking features
    Garage
    Exterior features
    Balcony
    Size
    2,964 SF
    Lot size
    0.14 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    1920
    Floors in Building
    2
    Building materials
    Frame
    Roof type
    Shingle, Asphalt

    RE/MAX Haven Realty (216) 332-0456 [email protected]

    Listing agent Michael Azzam (216) 446-7606 License #2014004734

    Listing date Nov 18, 2025

    MLS# 5171634 Listing URL

    Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cleveland Triplex: Investor Opportunity

    This triplex presents an investor opportunity in a highly desirable area of Cleveland, OH. The property features two vacant units and one occupied unit, offering potential for value-add improvements. Units 1 and 2 each contain 2 bedrooms and 1 bathroom and share a large front porch. 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. The front and sides of the exterior were recently painted. Situated in a prime neighborhood, the property is near shopping, dining, and public transportation, providing easy access to major thoroughfares in a vibrant, high-demand area. The property size is 2964 square feet, situated on a lot of 0.1368 acres. 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. This triplex is ideal for investors looking to maximize returns.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.561858
    Latitude
    41.546345

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    FAQs

    What type of property is this?
    Triplex - Triplex with value-add potential in a desirable Cleveland neighborhood.
    Where is this triplex located?
    The property is located at 1872 Lampson Rd Cleveland, OH.
    What is the asking price?
    The asking price for this property is $130,000.
    What are key features of this property?
    This property features: - Investor opportunity with 2 vacant units, offering immediate value-add potential.; - Prime location near shopping, dining, and public transportation in a high-demand area.; - Three separate utilities simplify management.
    (216) 446-7606
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    1872 Lampson Rd Cleveland, OH 44112
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1872 Lampson Rd Cleveland, OH 44112
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