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3150 W 40th St, Cleveland, OH, 44109

4beds
2baths
1,430sqft
$128,500
$90price/sqft
$1,147/moest. monthly cost
$45,880/yrincome needed

About This Home

Attention Investors! Clark-Fulton duplex in need of some TLC! Each unit was renovated in 2022. Close to Metro Hospital, 71, and easy access to Downtown and the Airport! Features 4 bedrooms and 2 bathrooms. Projected rental income in the $1800-$2000 per month range, this will absolutely crush once stabilized. Absolutely NO seller financing, no contract assignments, END BUYERS ONLY!

Getting Around

85
WalkingVery Walkable
43
TransitSome Transit
64
BikeBikeable

Schools

4/10
Walton SchoolGrades PK-80.4 mi

Construction

Condition

  • Year built: 1910

Materials

  • Roof: Asphalt,Fiberglass
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,430

Heating & Cooling

  • Heating features: Forced Air,Gas
  • Cooling features: None

Interior Area

  • Total structure area: 1,430
  • Total interior livable area: 1,430 sqft

Property

Details

  • Parcel number: 00729078

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 3,720 sqft

Parking

  • Total spaces: 2
  • Parking features: Driveway,Paved
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tsunami

FEMA Declared Disasters Across Ohio Counties

Flood
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $649$7,788
Home Insurance *$103$1,236
Property Taxes $202$2,424
Electricity $193$2,320
Total$1,147$13,764
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$39,325/yr
40% on housing$34,410/yr
45% on housing$30,586/yr

Ohio FAIR Plan Programs

Ohio FAIR Plan Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 13,942Commercial: 466
Total Premiums$18.03M
Total Exposure$5.92B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$90This listing

vs Other Active Listings

Avg $/sqft

ZIP 44109$93
Cuyahoga County$124

vs Homes Sold Last Month

Median $/sqft

ZIP 44109$119
Cuyahoga County$144

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-09Price change$128,500
2026-04-15Price change$135,000
2026-03-09Listed for sale$125,000
2024-04-16Listing removed--
2024-03-30Listed for rent$800
2023-09-26Listing removed--
2023-09-20Listed for rent$800
2023-07-25Listing removed--
2023-06-16Listed for rent$800
2022-11-02Sold$155,000
2022-05-09Sold$95,000
2022-04-06Pending sale$104,900
2022-04-04Listed for sale$104,900
2021-07-30Sold$81,900
2021-06-24Pending sale$81,900
2021-06-22Price change$81,900
2021-06-09Listed for sale$82,900
2021-04-06Listing removed--
2021-01-05Listed for sale$89,900
2020-12-29Listing removed--
2020-11-29Listed for sale$89,900
2020-10-29Listing removed$89,000
2020-09-30Price change$89,000
2020-08-25Listed for sale$91,000
2018-02-14Sold$33,200
2018-01-18Listed for sale$39,000
2011-12-06Sold$7,100
2011-09-22Sold$5,334
2006-07-25Sold$81,000

For Sale by Agent

AgentMichael L Magno
BrokerageKeller Williams Living

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