3865 W 40th Street, Loveland, OH 44109 - Photo 1

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$575,000 Just Listed

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Active
Apartment
Updated 1 day ago

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Property Description

Welcome to 3865 w 40th Street in Ohio's Brooklyn Centre Historic District, a six unit building with over 9,600 SF. Four out of the six units have recently been renovated, property offers 4 three bedrooms and 2 two bedrooms. Separately metered for gas and electric with new electric panels, high efficiency furnaces and hot water tanks. Additionally the renovated units have new carpet, vinyl LVP, interior/exterior paint, vinyl windows, kitchen cabinets and countertops, electric ranges, bathroom vanities, toilets, and tub surrounds. All Six units are configured with a main floor that includes the living area and kitchen, second floor with bedrooms and full bathroom, and an unfinished basement. Opportunity for a new owner to accept Voucher based Section 8 Subsidy in an effort to significantly increase the rents OR continue operating as a market rent property. Ideal stable investment with additional value add opportunity!

Full Property Details

Full Property Details for 3865 W 40th St

General

Price: $575,000
Taxes: $4,025 (2025)
Status: Active
Type: Apartment
Source: 505
MLS ID: 5192671
Updated: 3/11/2026
Added to Site: 1 day(s) ago

Parking

Parking Features: On Street

Location

County: Cuyahoga
Township: Cleveland
Subdivision: Alice J Bakers Allotment
Driving Directions: 40th south of Denison

School Information

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

Heating & Cooling

Cooling Type: Ceiling Fan(s)
Heating Type: Forced Air

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Basement: Yes
Basement Desc.: Concrete
Stories/Levels: 2
Year Built: 1900
Year Built Source: Public Records
Property Condition: Updated/Remodeled

Lot Features

Lot Size (Acres): 0.2313
Lot Size: .2313
Lot Size Source: Assessor

Financial Considerations

Tax Amount: $4,025
Tax Year: 2025

Disclosures and Reports

Legal Description: 56 BARKER S/L 12 0011 ALL
Disclosures/Rstr.: Principal is Real Estate Licensed
Property ID: 014-02-029

Listed by Keller Williams Elevate, Antonio Biasiotta

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Listing agent

— 3865 W 40th St —

Antonio Biasiotta

Keller Williams Elevate

AntonioB@KW.com, 440-223-0575

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Schools

Schools serving 3865 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
Lincoln West School of Science & Health 3202 West 30th Street, Cleveland, OH 44109	9-12	1.2 mi
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111	9-12	4.1 mi
Lincoln West School Of Global Studies 3202 West 30th Street, Cleveland, OH 44109	9-12	1.2 mi
Rhodes Schools of Environmental Studies 5100 Biddulph Avenue, Cleveland, OH 44144	9-12	1.4 mi
Bard Early College Cleveland 13501 Terminal Avenue, Cleveland, OH 44135	9-12	3.9 mi
Facing History High School@Charles Mooney 3202 West 30th Street, Cleveland, OH 44109	9-12	1.2 mi
Rhodes College and Career Academy 5100 Biddulph Avenue, Cleveland, OH 44144	9-12	1.4 mi

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

Price & Sales History for 3865 W 40th St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/11/2026

Listed

$575,000

283.33%

MLS

5/05/2025

Sold

$150,000

—

Public Record

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

Tax History

Tax History for 3865 W 40th St

Year

Property Taxes

Change

Tax Assessment

Change

2024

$3,819

—

$37,000

12%

2023

$3,819

11%

$32,970

—

2022

$3,453

$32,970

—

2021

$3,298

13%

$32,970

17%

2020

$2,929

$28,180

—

2019

$2,758

$28,180

—

2018

$2,689

-15%

$28,180

-9%

2017

$3,154

—

$31,050

—

2016

$3,155

—

$31,050

—

2015

$3,163

-14%

$31,050

-15%

2014

$3,674

$36,510

—

2013

$3,619

—

$36,510

—

View All

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

Estimate the Cost

Estimate the Cost for 3865 W 40th St

3865 W 40th Street, Loveland, OH 44109 (MLS# 5192671) is a Apartment property. 3865 W 40th Street is currently listed for $575,000 and was received on March 11, 2026. Want to learn more about 3865 W 40th Street? Do you have questions about finding other Apartment real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

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3865 W 40th St Loveland, OH 44109