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Off Market

3831 W 40th St

Cleveland OH 44109

3
1
1043 sq. ft.
0.04 ac.
Single-Family
Last sold for $111,000
Shoshana SocherShoshana Socher, last sold this property on 22 December 2025 after 177 days on market.

Overview

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.

Features

3 bedrooms
1 bathroom
1043 sq. ft. floor area
0.04 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Cleveland over the last 12 months, the estimated median property value of 3831 W 40th St is $165k.

Median value
$165k
Estimated value range
$47k - $375k
Median days on market
24
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Cleveland. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3831 W 40th St

2025
Sold
$111,000
22 Dec 2025 by Shoshana Socher, of Keller Williams Greater Metrop
2023
Sold
$44,900
28 Aug 2023 by James Wise, of The Holton-Wise Property Group
2019
Sold
$26,000
12 Dec 2019 by James Wise, of The Holton-Wise Property Group

Happy sellers in Cleveland

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We have insufficient information to provide an overview of customer satisfaction for Cleveland. Viewing the agent profiles, reviews and sales for Cleveland can provide insights for this location.

Local market activity for 3 bedroom single-family properties in Cleveland

In the last 12 months, 157 three-bedroom single-family properties similar to 3831 W 40th St, have been sold.

This represents a 23% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Cleveland

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Christopher Burns

Christopher Burns is a recommended agent for Cleveland.  They have 1 local sale and collected 2 local reviews across the last 12 months.

  •   5   (49 reviews)
  •  2 Reviews in Cleveland
  •  1 Sale in Cleveland
View profile
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Rami Ahmad

Sellers who recommend Rami Ahmad have praised them for being local expert, responsive, supportive, and reliable

  •   5   (34 reviews)
  •  1 Review in Cleveland
  •  4 Sales in Cleveland
View profile
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Deosha Torbert

Deosha Torbert is a recommended agent for Cleveland.  They have 3 local sales and collected 1 local review across the last 12 months.

  •   5   (1 review)
  •  1 Review in Cleveland
  •  3 Sales in Cleveland
View profile
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Rich Ganim

Sellers who recommend Rich Ganim have praised them for being local expert, attentive, clear communication, well-prepared, great negotiation, reliable, and dedicated

  •   5   (40 reviews)
  •  1 Review in Cleveland
  •  1 Sale in Cleveland
View profile
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