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Commercial Real Estate for Sale at 3865 W 40th Street in Cleveland, OH for $575,000

Listing data last changed 03/12/2026 - 1:08am
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3865 W 40th Street | Cleveland

$575,000 | 0.0 Sq. Ft.

Welcome to 3865 w 40th Street in Ohio\u0027s 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! MLSNow 5192671 Directions to property: 40th south of Denison

MLS Listing ID: 
MLSNow 5192671
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$575,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Apartment
Primary Market Area: 
Cleveland
Address: 
3865 W 40th Street, Cleveland, OH 44109
County: 
Cuyahoga
Latitude: 
41.4499420
Longitude: 
-81.7119580
Directions: 
40th south of Denison
Public Remarks: 
Welcome to 3865 w 40th Street in Ohio\u0027s 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!
Community Information
School District: 
Cleveland Municipal - 1809
Subdivision: 
Alice J Bakers Allotment
Building Details
Details about the building on a property.
Stories: 
2
Year Built: 
1900
Living Area: 
0.0
Basement: 
Concrete
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air
Cooling System: 
Ceiling Fan(s)
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.23
Lot Size (Area): 
0.23
Lot Features
Parking Type: 
On Street
Public Record
Parcel Number: 
014-02-029
Annual Tax: 
$4,025.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Disclosures: 
Principal is Real Estate Licensed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Keller Williams Elevate

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