Investor Opportunity in Cleveland! This triplex is an excellent addition to any investment portfolio. Featuring a total of 5 bedrooms and 3 full bathrooms, this income-producing property is designed for easy ownership and utility management with 3 furnaces, 3 hot water tanks, 3 electric meters, and 3 water meters allowing each unit to be separately serviced. The exterior has been refreshed with recently painted front and side elevations, adding to the property's curb appeal. Conveniently located near shopping, restaurants, and public transportation, this property offers tenants easy access to everyday amenities while providing investors with a desirable rental location. Whether you're expanding your portfolio or looking for your next investment opportunity, this Cleveland triplex is one you won't want to miss!
Multi-familyProperty Type
1920Year Built
5,959 sq ftLot Size
$42Price/Sq.Ft.
3 car garageParking
Listed by Julie Hawkins• Coldwell Banker Schmidt Realty
Euclid-Green, located between Euclid Avenue and East 105th Street, is a residential and institutional Cleveland neighborhood with a campus edge and a classic streetscape. The neighborhood’s character concentrates around the Euclid Avenue corridor near the Cleveland Clinic campus, where hospital towers, coffee counters, and small lunch spots set a steady weekday rhythm. Landmark anchors include the Cleveland Clinic, the Cleveland Museum of Art, and Severance Music Center. Side streets mix early-20th-century houses with brick apartments and pocket lawns. Doan Brook’s green corridor and nearby Wade Oval add a park-like counterpoint to the medical district’s scale. RTA’s HealthLine stations along Euclid Avenue tie the area to University Circle and Downtown.
Provided by Walk Score and Local Logic
Offer insights
1872 Lampson Rd · $124,900
$125K and above
75% chance or better to win
Why $125K+ is a strong offer
DAYS ON MARKET
57 days
The average home goes pending in 38 days.
SALE-TO-LIST
96.2%
Most homes are selling 4% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Full basement
Bedrooms
Five bedrooms across three units: one one-bedroom unit and two two-bedroom units
Bathrooms
Three full bathrooms
Kitchen
Range, refrigerator
Laundry & utility
Laundry in basement
Heating & cooling
Forced-air heating
Exterior features
Balcony
Home design
One building
Parking
Detached garage with three spaces
Construction
Frame construction
Asphalt shingle roof
Utilities
Public water
Public sewer
Electricity and solar
View estimated energy costs and solar savings for 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!
TURBOTENANT #1
Dec 4, 2025
Rental Removed
$850
$0/sq ft
Nov 23, 2025
Price Changed
$850
$0/sq ft
Nov 22, 2025
Price Changed
$900
$0/sq ft
Nov 20, 2025
Price Changed
$850
$0/sq ft
Nov 15, 2025
Listed for Rent
$800
$0/sq ft
Oct 30, 2025
Rental Removed
$800
$0/sq ft
Oct 18, 2025
Price Changed
$800
$0/sq ft
Aug 29, 2025
Listed for Rent
$900
$0/sq ft
MLSNOW #4346540
Mar 7, 2022
Sold
$110,000
$37/sq ft
Feb 3, 2022
Pending
—
Jan 31, 2022
Listed
$115,000
$39/sq ft
+19
Welcome to 1872 Lampson Rd! This cash flowing three flex is fully occupied and has a gross rent of $1,550/month which is slightly below market rent for this area. There is a 3 car garage on this property and 2 laundry hookups in the basement. All tenants are month to month. Call to schedule your appointment today!
MLSNOW #964635
Dec 13, 1999
Sold
$75,000
$25/sq ft
Jun 16, 1999
Listed
$77,000
$26/sq ft
Public Records
Aug 21, 1979
Sold
$35,000
$12/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,575
$4,340 + $34,160
$38,500
2024
$2,574 (+276.1%)
$4,340 + $34,160
$38,500
2023
$685 (+1.6%)
$2,070 + $6,760
$8,830
2022
$673 (+1.0%)
$2,070 + $6,760
$8,830
2021
$667 (+3.7%)
$2,070 + $6,760
$8,830
2020
$643 (+8.1%)
$1,720 + $5,640
$7,360
2019
$595 (+0.3%)
$1,720 + $5,640
$7,360
2018
$593 (−35.8%)
$1,720 + $5,640
$7,360
2017
$924 (+0.8%)
$460 + $10,570
$11,030
2016
$917 (+0.1%)
$460 + $10,570
$11,030
2015
$916 (−3.0%)
$460 + $10,570
$11,030
2014
$944
$460 + $10,920
$11,380
Public record
Public record
Permits
Beds
5
Baths
3
Stories
2.5
Lot width
40 ft.
Lot depth
149 ft.
Lot size
5,959 Sq. Ft.
Year renovated
1962
Finished Sq. Ft.
2,964
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,964
Year built
1920
Style
Multi-Family (2-4 Unit)
County
Cuyahoga County
APN
11713025
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 12, 2026.
Dec 9, 2025 • Active
Residential electrical construction
Perform an inspection of the electrical meter base. A homeowner must be present for all inspections.
Electrical
Oct 7, 2020 • Final
Res electrical
Replace the electrical meter base and ground wire.
Electrical
Electric meter
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 95° expected this year, 17 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Cleveland, OH • 44112
Average low and high temperatures (°F)
30
19
36
23
53
35
61
44
65
52
78
64
82
70
78
64
75
58
65
50
51
41
39
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
76/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.8 hrs
4.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1872 Lampson Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $70,000 and $180,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $70K to $180K.