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
Updated 11 days ago

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: 138 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
Sold by Home Equity Realty Group, Kim Lewis and Home Equity Realty Group, Charles Lewis

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Listing agent

— 3831 W 40th St —

Shoshana Socher

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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2
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Single Family
Active
Updated 9 hours ago

4
Beds
5
Total Baths
4,618
Sq. Ft.

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Sold

$100,000

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Single Family
Closed

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

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$100,000

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Single Family
Closed

3
Beds
1
Total Bath

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4
Beds
3
Total Baths
2,240
Sq. Ft.

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Sold

$115,000

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Duplex
Closed

4
Beds
2
Total Baths

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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