1 month on rocket

3128 W 40th St, Cleveland, OH, 44109

$160,000

Home List Price

$1,900*

Closing Credit

4 Bedrooms
2 Full Baths
1,972 SqFt
$81/SqFt
Multi
Schools Nearby

Location

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3128 W 40th St, Cleveland$160,000

Buyer Closing Credits

$1,900*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingConcrete
Year Built1900
HeatingForced Air
CoolingNone
BasementYes
MLS #5022499
Lot Size0.10 Acres
StatusActive

About 3128 W 40th St

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.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Stories: 2
  • Living Area: 1,972 SqFt

Listing Office:

  • Office Name: Keller Williams Citywide
  • Office Phone: (216) 785-6010
  • Listing Agent: Sabrina R Semidey

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Concrete

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: South of Clark, North of Storer

Price Information

Listing Price Info

Price Summary:

  • List Price: $160,000
  • Price Per SqFt: $81/SqFt

Tax Information:

  • Annual Amount: $1,061
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Cleveland, OH.

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Cleveland, OH

City

Med. Sold Price

$157.2K

Med. Price/SqFt

$95

Avg. Days On Market

45

# of Sold Homes

634

3128 W 40th St vs Cleveland

49 DAYS ON ROCKET

+4 Days

$160,000

+$2.7K More

$81/SqFt

-$14 Less

KEY TAKEAWAY

This property is $2.7K more than the Median Sold Price and $14/SqFt less than other homes in Cleveland, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5022499

Listing Office:

  • Office Name: Keller Williams Citywide
  • Office Phone: (216) 785-6010
  • Listing Agent: Sabrina R Semidey

IDXCopyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 5:25:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 07, 2003Home Sold
$50,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,061$12,290
2019$981$12,290
2018$978$12,290
2017$1,229$14,910

History based on county public records data.

Payment Calculator

$866

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$546

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2917635
4
/10

  • Constellation Schools: Stockyard Community Elementary School

  • 3200 W 65th St

  • 0.96 miles

  • Public Charter Grades KG-6

school-card-donut-2917636
6
/10

  • Near West Intergenerational School

  • 3805 Terrett Ave

  • 1.12 miles

  • Public Charter Grades KG-6

school-card-donut-2917637
2
/10

  • Constellation Schools: Old Brooklyn Community Elementary School

  • 4430 State Rd

  • 2.43 miles

  • Public Charter Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,082. Residents of Cleveland, OH typically earn less than $35k each year. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Cuyahoga County›Cleveland›44109›3128 W 40th St

This home is located at 3128 W 40th St in Cleveland, OH and zip code 44109 in the Clark-fulton neighborhood. This 1,972 square foot home, which was built in 1900, sits on a 0.10 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 10, 2024 and is currently priced at $160,000.

In March 2024, from all listings sold in Cleveland, OH there were more than 217 sold above asking price, over 318 sold below and more than 99 were sold right at the asked price. The number of listings in Cleveland, OH increased by 5.3% between February 2024 and March 2024. The median list price of listings available in March 2024 was $157,247, while the average time on the real estate market was 45 days.

From Rocket Homes Real Estate and based on county public records data.

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