3831 W 40th Street, Loveland, OH 44109 - Photo 1

1/1

$111,000

Sold
Closed
Single Family
3 Beds
1 Full Bath
1,043 Sq. Ft.
0.0358 Acres

1/1

Property Description

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.

Full Property Details

Full Property Details for 3831 W 40th St

General

Sold For: $111,000
Taxes: $1,051 (2024)
Status: Closed
Type: Single Family
Source: 505
MLS ID: 5134302
Added to Site: 92 day(s) ago

Interior

Number of Rooms: 6

Rooms

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1

Bedrooms

Total Bedrooms: 3

Parking

Parking Features: On Street

Location

County: Cuyahoga
Township: Cleveland
Subdivision: Alice J Barkers
Driving Directions: Right on W 40th St.

School Information

Elem School District: Cleveland Municipal - 1809
Midd School District: Cleveland Municipal - 1809
High School District: Cleveland Municipal - 1809

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Window Unit(s)
Heating Type: Forced Air

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Style: Colonial
Construction: Wood Siding
Basement: Yes
Basement Desc.: Full
Roof: Asphalt
Stories/Levels: 2
Square Feet: 1,043
Living Area: 1,043 Sq. Ft.
Finished Above Grnd: 1,043 Sq. Ft.
Year Built: 1913
Year Built Source: Public Records

Lot Features

Lot Size (Acres): 0.0358
Lot Size: .0358
Lot Size Source: Assessor

Financial Considerations

Tax Amount: $1,051.1
Tax Year: 2024
Terms: Cash, Conventional

Disclosures and Reports

Special Conditions: Standard
Legal Description: 56 BARKER SP 111.95 NP 3.5X39.75 TRI REAR 0004
Property ID: 014-02-021

Listed by Keller Williams Greater Metropolitan, Shoshana Socher and Keller Williams Greater Metropolitan, Jarrod Moon
Sold by Home Equity Realty Group, Kim Lewis and Home Equity Realty Group, Charles Lewis

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Listing agents

— 3831 W 40th St —

Shoshana Socher

Keller Williams Greater Metropolitan
Jarrod Moon

Keller Williams Greater Metropolitan

shoshana@thesocherteam.com, 216-255-7377

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Schools

Schools serving 3831 W 40th St

School District:Cleveland Municipal School District

Name	Grades	Distance
Denison 3799 West 33rd Street, Cleveland, OH 44109	PK-8	0.4 mi
Charles A Mooney School 3213 Montclair Avenue, Cleveland, OH 44109	PK-8	1.1 mi
Walton School 3409 Walton Avenue, Cleveland, OH 44113	PK-8	1.4 mi
Clark School 5550 Clark Avenue, Cleveland, OH 44102	PK-8	1.5 mi
Benjamin Franklin 1905 Spring Road, Cleveland, OH 44109	PK-8	1.5 mi
Max S Hayes High School 2211 West 65th Street, Cleveland, OH 44102	9-12	1.7 mi
Luis Munoz Marin School 1701 Castle Avenue, Cleveland, OH 44113	PK-8	1.7 mi
William C Bryant Elementary School 3121 Oak Park Avenue, Cleveland, OH 44109	PK-8	1.7 mi
Scranton School 1991 Barber Avenue, Cleveland, OH 44113	PK-8	1.8 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3831 W 40th St

Date

Details

Price

Change

Source

12/22/2025

Sold

$111,000

-3.48%

MLS

10/16/2025

Listed

$115,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Single Family
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2
Beds
1
Total Bath
1,694
Sq. Ft.

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$100,000

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3
Beds
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Total Bath

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Beds
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Total Baths
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Sq. Ft.

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$112,300

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Single Family
Closed

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Beds
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Total Bath
1,021
Sq. Ft.

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3831 W 40th Street, Loveland, OH 44109 (MLS# 5134302) is a Single Family property that was sold at $111,000 on December 22, 2025. Want to learn more about 3831 W 40th Street? Do you have questions about finding other Single Family real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

3831 W 40th St Loveland, OH 44109