Feldman Fortress
OPEN HOUSE Tuesday at 1pm
Asking $258,000 or best offer If you're a buyer's agent: Asking $265,740 (includes a 3% broker compensation) or best offer.
We are selling our assignable purchase contract on the property below:
2240 Feldman Ave, Cincinnati, OH, 45212 |
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To submit an offer or set up a viewing please contact Michael at (706) 641-7063 or email michael@rapidfireinvestments.com
Details:
- 6bd/4ba with 2532 sqft
- Built in 1927
- Lot Size: 0.18 Acres
- Owner Occupied
- Closing on or before 06/08/26
- Market Rent: $1,960
- Current Rent: N/A
- This is a rare large-scale opportunity in Norwood that most investors can’t touch.
A true 6 bedroom, 3 full bath, 2 half bath brick property with over 2,500 sqft, giving you the kind of footprint that creates real upside. Deals like this aren’t about small cosmetic gains. This is where you step into a high-impact renovation with serious return potential.
The size alone puts this property in a different category. You’re not competing with standard 3/2 flips. You’re creating a standout product that can dominate its price point once finished.
Multiple exit strategies here:
Full retail flip with strong resale appeal High-income rental with room to maximize layout Value-add reposition for long-term hold
Yes, it needs work. That’s the opportunity. Once renovated, this becomes a property that buyers notice immediately because of the size, layout, and presence.
This is the kind of deal where:
Bigger project = bigger reward Less competition = more control Strong spread = real margin
If you’re looking for a serious deal with real upside, this is it.
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ARV is $500,000 based on the following comps:
- 2125 Cathedral Ave in Cincinnati, OH, 45212 is a renovated 2297 SqFt, 4 Bed / 3 Bath that sold for $499,900 on 2/13/2025 ($217.63 per SqFt)
- 5118 Grandview Pl in Cincinnati, OH, 45212 is a clean but outdated 2237 SqFt, 4 Bed / 2.5 Bath that sold for $480,000 on 6/12/2025 ($214.57 per SqFt)
- 2208 Feldman Ave in Cincinnati, OH, 45212 is a renovated 2016 SqFt, 4 Bed / 2.5 Bath that sold for $470,000 on 10/22/2024 ($233.13 per SqFt)
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Repairs:
Roof: 15+ Years Old
HVAC: 15+ Years Old
Water Heater: 13 Years Old
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| We are hiring! We believe in developing world-class salespeople, investors, and human beings. This is a career, not just a "job." Our people will have the ability to earn really well and invest in their future through real estate. |
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