Great investment opportunity in Cleveland! This well maintained and updated 3 bed, 1 bath home is currently tenant occupied and generating $1,350 per month in rental income, offering immediate cash flow for the next owner. The home features a traditional layout with a spacious living area, functional kitchen, and comfortable bedrooms. Outside, the property includes a manageable yard adding to its tenant appeal. Located conveniently near schools, parks, shopping, and major roadways, making it an attractive rental for long-term tenants. Whether you’re a new investor or looking to expand your portfolio, this property provides reliable income in a strong rental market.
Closed
$111,000
3831 W 40th St, Cleveland, OH 44109
3beds
1,043sqft
Single Family Residence
Built in 1913
1,559.45 Square Feet Lot
$88,700 Zestimate®
$106/sqft
$1,402 Estimated rent
Home value
$88,700
$67,000 - $112,000
$1,402/mo
Zestimate® history
Owner options
List your home for rent
$1,402/mo
Rent Zestimate®
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$1,402/mo
Rent Zestimate®
Refinance and save
$647/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$647/mo
Est. payment
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List your homeWhat's special
Manageable yardComfortable bedroomsTraditional layoutFunctional kitchen
Zillow last checked:
Listing updated:
Listing Provided by:
Shoshana Socher 216-255-7377 shoshana@thesocherteam.com,
Keller Williams Greater Metropolitan
Bought with:
Kim Lewis, 2017004453
Home Equity Realty Group
Charles Lewis, 2020001184
Home Equity Realty Group
Source: MLS Now,MLS#: 5134302
Originating MLS: Akron Cleveland Association of REALTORS
Originating MLS: Akron Cleveland Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced Air
Cooling
- Window Unit(s)
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,043
- Total interior livable area: 1,043 sqft
- Finished area above ground: 1,043
Property
Parking
- Parking features: On Street
Features
- Levels: Two
- Stories: 2
Lot
- Size: 1,559 sqft
Details
- Parcel number: 01402021
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Asphalt
Condition
- Year built: 1913
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Cleveland
- Subdivision: Alice J Barkers
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 12/22/2025 | Sold | $111,000+147.2%$106/sqft |
Source:  MLS Now #5134302 Report a problem | ||
| 8/28/2023 | Sold | $44,900+72.7%$43/sqft |
Source: MLS Now #4437476 Report a problem | ||
| 12/12/2019 | Sold | $26,000-57.5%$25/sqft |
Source:  MLS Now #4129129 Report a problem | ||
| 3/29/2017 | Sold | $61,125+27.3%$59/sqft |
Source: Public Record Report a problem | ||
| 6/21/2016 | Sold | $48,000+242.9%$46/sqft |
Source: Public Record Report a problem | ||
| 2/3/2016 | Sold | $14,000+15%$13/sqft |
Source: Public Record Report a problem | ||
| 9/30/2015 | Sold | $12,179-44.6%$12/sqft |
Source: Public Record Report a problem | ||
| 2/5/2009 | Sold | $22,000-43.1%$21/sqft |
Source: Public Record Report a problem | ||
| 7/10/2008 | Sold | $38,667-0.9%$37/sqft |
Source: Public Record Report a problem | ||
| 3/4/2004 | Sold | $39,000$37/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,052 +0% | $15,720 |
| 2024 | $1,051 +36.3% | $15,720 +58.1% |
| 2023 | $771 +0.6% | $9,940 |
| 2022 | $767 +0.9% | $9,940 |
| 2021 | $760 +11.6% | $9,940 +29.1% |
| 2020 | $681 -45.9% | $7,700 |
| 2019 | $1,260 +100.3% | $7,700 |
| 2018 | $629 -24.7% | $7,700 -22.1% |
| 2017 | $835 | $9,880 +3.7% |
| 2016 | -- | $9,530 |
| 2015 | $987 -45.2% | $9,530 -4.8% |
| 2014 | $1,801 -60.2% | $10,010 |
| 2013 | $4,522 +34.4% | $10,010 |
| 2012 | $3,363 +49.9% | $10,010 -17.6% |
| 2011 | $2,244 +76.9% | $12,150 |
| 2010 | $1,268 +39.1% | $12,150 |
| 2009 | $912 +14.6% | $12,150 -11% |
| 2008 | $796 +6.3% | $13,650 |
| 2007 | $749 +0.1% | $13,650 |
| 2006 | $748 +112.7% | $13,650 +123.8% |
| 2005 | $352 -1.3% | $6,100 |
| 2004 | $356 +3.6% | $6,100 |
| 2003 | $344 +17.3% | $6,100 +16.2% |
| 2002 | $293 -42.8% | $5,250 |
| 2001 | $513 +4.5% | $5,250 |
| 2000 | $491 | $5,250 |
Find assessor info on the county website
Neighborhood: Brooklyn Centre
Nearby schools
GreatSchools rating
- 5/10Denison PreK-8 SchoolGrades: PK-9Distance: 0.4 mi
- 3/10Facing History High School@Charles MooneyGrades: 9-12Distance: 1.2 mi
- 3/10Charles A Mooney SchoolGrades: PK-8Distance: 1.1 mi
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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Estimated market value
$88,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$88,700
- Ohio
- Cuyahoga County
- Cleveland
- 44109
- Brooklyn Centre
- 3831 W 40th St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Cleveland Topics
