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Elmwood Place Two-Story Rehab 45216
511 Oak St
Elmwood Place, OH, 45216
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Starting at
$35,000
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After-repair value
$160,000
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Open house
Thu, Oct 1
2:00 PM ET
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Offers due Fri, Oct 2 at 2:00 PM ET
Submit at or above $35,000. No extensions will be granted.
Buyer’s agents, include your commission in the offer. This is not first-come, first-served. Every buyer gets the same shot.
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Can’t make the showing?
Offer without walking it.
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Quick facts
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Bedrooms / baths
3 / 2
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Square feet
1,232
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Year built
1890
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Lot size
0.09 acres
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Market rent
$1,730/mo
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Occupancy
Family Member Occupied
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Earnest money
$5,000
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Closing by
10/14/2026
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What makes this deal special
511 Oak Street offers an appealing opportunity to build long-term rental income while maintaining plenty of upside in Elmwood Place. The property presents a chance to add a solid asset to a rental portfolio with the potential for future appreciation and improved cash flow as the surrounding market continues to evolve. Its location in the heart of Elmwood Place puts residents near the Elmwood Place Branch Library, Elmwood Place Memorial Park, and convenient access to Vine Street and the surrounding Cincinnati area. For an investor focused on building a durable portfolio, 511 Oak Street combines location, long-term rental potential, and room for additional upside.
Nathan Roberts
Investment Sales Specialist, Rapid Fire Investments
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Comparable sales
412 Walnut St, Elmwood Place, OH 45216 3 bd / 2 ba | 1422 sqft | closed Apr 2026 Renovated |
404 Oak St, Elmwood Place, OH 45216 3 bd / 1 ba | 1360 sqft | closed Sep 2025 Renovated |
505 Lombardy St, Cincinnati, OH 45216 3 bd / 2 ba | 1644 sqft | closed Feb 2026 As is, not renovated |
Pulled from public record and provided for reference only.
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Known repairs
These notes reflect what we saw at the walkthrough. They are estimates, not inspections.
Verify condition, comps, scope, and every figure in this email independently before you offer.
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Either way, offers are due Fri, Oct 2 at 2:00 PM ET.
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Nathan Roberts
Investment Sales Specialist
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Terms of this deal
| $5,000 earnest money, hard day one. Forfeited if the buyer fails to perform; refundable if title issues arise or the seller backs out. |
| Closing on or before 10/14/2026. |
| Title is open with Bella Title. |
| Sight-unseen, no-contingency cash offers are accepted. |
| Agents: add your fee to the offer and bring us a buyer. |
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Rapid Fire Investments, a DBA of Streamline Realty LLC
We are selling our assignable purchase contract, not the real property itself. Rapid Fire
Investments is not acting as your agent or fiduciary.
Full disclosures and disclaimers
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