3128 W 40th Street Cleveland, OH ^$ 160,000

3128 W 40th Street

^$ 160,000

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3128 W 40th Street

Cleveland, OH, 44109

^$ 160,000

Bedrooms4 Baths2.0 Sq 1,972

Monthly Estimate*

^$ 1,063

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Multi-Family Home for sale in Cleveland, OH

for $160,000 with 4 bedrooms and 2 full baths. This 1,972 square foot home was built in 1900 on a lot size of 0.0964.

Feast your eyes on this delightful duplex in the heart of the Clark-Fulton neighborhood. This fully occupied duplex is already income generating and is waiting for the next owner. The CAP rate for this investment is 11.25% with even more room to grow! What a perfect addition to your current portfolio or what a way to start out your investment journey! Either way, you CANNOT loose! Don't let this CASH COW sneak away from you. Please reach out with additional questions or a personal tour.

Multi-Family Active

Price

^$ 160,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,211

Style

Lot Size

0.0964

Year Built

1900

Town/City

Cleveland

County/Region

Cuyahoga

MLS | Web ID

5022499

Features

General

Sewer PublicSewer

Heating ForcedAir

Cooling None

Possession Other

Roof Asphalt Fiberglass

Construction Materials VinylSiding

Year Built 1900

Stories 2

Township Cleveland

Levels Two

Property SubType Duplex

Tax Year 2023

Gross Income 18000.0

County Cuyahoga

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Energy Efficient HVAC WaterHeater Windows

Subdivision Name Rhodes Hartnell Barber & Selde

Garage Y/N N

Total Rooms 6

Status Active

Directions South of Clark North of Storer

City Cleveland

View Y/N N

Senior Community Y/N N

High School District Cleveland Municipal - 1809

Waterfront Y/N N

Carport Y/N N

Street Name 40th

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 1211.32

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 2

Standard Status Active

Middle/Junior School District Cleveland Municipal - 1809

Elementary School District Cleveland Municipal - 1809

Year Built Source PublicRecords

Property Sub Type Additional Duplex

Legal Description 54 RHB&S 0328 ALL

Exterior

Parking Features Concrete

Water Source Public

Lot Size Area 0.0964

Foundation Details Block

Number of Buildings 1

Spa N

Lot Size Acres 0.0964

Lot Size Units Acres

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Basement (Y/N) Y

Air Conditioning Y/N N

Heating Y/N Y

Window Features DoublePaneWindows InsulatedWindows

Fireplace Y/N N

Above Grade Finished Area 1972.0

Full Baths 2

Half Baths 0

Street Suffix Street

Laundry Features WasherHookup InBasement

Total Bedrooms 4

Electric On Property Y/N N

Main Level Bathrooms 0

Above Grade Finished Area Source Assessor

Total Baths 2

Living Area Units SquareFeet

Internal Only

Street Number 1 3128

* Excluded Features

List By

Sabrina R Semidey

Listing Agent

Keller Williams Citywide

Broker

sabrina@nextstephomesgroup.com

Affordability Calculator

$1,164

Per Month

Monthly Principal & Interest: $1,063
Monthly Property Taxes: $101
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% 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

Trends
Schools

Multi-family listings in Cleveland, OH

Average List Price ^$162,433

Percent of Sale Price 2%

About Cleveland, OH

372,504 Population

-22% Since 2002

^$27,719 Median Income

37.02 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4457612 Elementary School

4457721 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/10/2024	$160,000		Listed Price

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3128 W 40th Street, Cleveland, OH, 44109 is a Multi-Family Home for sale at $160,000 with 1,972 sqft and a lot size of 0.0964. 3128 W 40th Street has 4 bedrooms, 2.0 baths, and was built in 1900. The property's zip code is 44109 which is in Cleveland, OH

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the YES MLS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the YES MLS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/6/2024.

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3128 W 40th Street

Multi-Family Home for sale in Cleveland, OH

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