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.
For sale
Price cut: $8K (8/11)
$120,000
3831 W 40th St, Cleveland, OH 44109
3beds
1,043sqft
Est.:
Single Family Residence
Built in 1913
1,559.45 Square Feet Lot
$-- Zestimate®
$115/sqft
$-- HOA
What's special
Manageable yardComfortable bedroomsTraditional layoutFunctional kitchen
- 51 days
- on Zillow |
- 452 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: August 11, 2025 at 03:34pm
Listing Provided by:
Shoshana Socher 216-255-7377 shoshana@thesocherteam.com,
Keller Williams Greater Metropolitan,
Jarrod Moon 330-347-5342,
Keller Williams Greater Metropolitan
Source: MLS Now,MLS#: 5134302
Originating MLS: Akron Cleveland Association of REALTORS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & 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: 1,559.45 Square Feet
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 & HOA
Community
- Subdivision: Alice J Barkers
HOA
- Has HOA: No
Location
- Region: Cleveland
Financial & listing details
- Price per square foot: $115/sqft
- Tax assessed value: $28,400
- Annual tax amount: $1,051
- Date on market: 6/27/2025
- Listing terms: Cash,Conventional
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