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3865 W 40th Street Cleveland, OH $ 575,000
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3865 W 40th Street
$ 575,000
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3865 W 40th Street

Cleveland, OH, 44109
$ 575,000
Bedrooms-- Baths--

Monthly Estimate*

$ 3,540

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Commercial Property for sale in Cleveland, OH

for $575,000. This building was built in 1900 on a lot size of 0.2313.

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!

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Commercial Active

Price

$ 575,000

Property Type

Commercial

Taxes

$ 4,025

Style

Lot Size

0.2313

Year Built

1900

Town/City

Cleveland

County/Region

Cuyahoga

MLS | Web ID

5192671
Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Ceiling Fan(s)
Possession Delivery Of Deed
Year Built 1900
Stories Count 2
Township Cleveland
Levels Two
Property Subtype Apartment
Tax Year 2025
County Cuyahoga
Property Type Commercial Sale
Attached Garage false
Subdivision Name Alice J Bakers Allotment
Status Active
Directions 40th south of Denison
City Cleveland
Disclosures Principal is Real Estate Licensed
High School District Cleveland Municipal - 1809
Number Of Units Total 6
Lot Size Units Acres
Tax Annual Amount 4025
Property Condition Updated/Remodeled
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Year Built Source Public Records
Property Sub Type Additional Apartment
Legal Description 56 BARKER S/L 12 0011 ALL
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Interior
Basement Concrete
Basement (Y/N) true
Heating Y/N true
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features On Street
Water Source Public
Lot Size Area 0.2313
Lot Size Acres 0.2313
Lot Size Source Assessor
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* Excluded Features
List By
Antonio Biasiotta

Listing Agent

Keller Williams Elevate

Broker

AntonioB@KW.com

Email

Affordability Calculator

$3,876
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,540
Monthly Property Taxes
$335
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4457981 Elementary School
4457986 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/11/2026$575,000 Listed Price

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3865 W 40th Street, Cleveland, OH, 44109 is a Commercial Property for sale at $575,000 with a lot size of 0.2313. 3865 W 40th Street was built in 1900. The property's zip code is 44109 which is in Cleveland, OH

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