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Covington/Latonia Rehab 41015
11 E 40th St
Covington, KY, 41015
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Starting at
$40,000
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After-repair value
$150,000
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Open house
Tue, Aug 18
11:00 AM ET
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Offers due Wed, Aug 19 at 11:00 AM ET
Submit at or above $40,000. 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
2 / 1
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Square feet
808
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Year built
1890
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Lot size
Unknown
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Market rent
$1,350/mo
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Occupancy
Owner Occupied
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Earnest money
$5,000
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Closing by
09/16/2026
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What makes this deal special
11 E 40th Street is a 2-bedroom, 1-bathroom home offering investors multiple exit strategies in the Covington market. Strong resale comparables and rental potential make this property a candidate for either a flip or a long-term hold, while current market data shows homes in the 41015 ZIP code selling after a median of just 14 days over the most recent three-month period. Located near MainStrasse Village, Devou Park, and downtown Cincinnati, the property benefits from a location that appeals to both future buyers and tenants. With a manageable footprint, multiple investment strategies, and a market where homes are moving quickly, this is an opportunity worth a closer look.
Nathan Roberts
Investment Sales Specialist, Rapid Fire Investments
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Comparable sales
117 E 41st St, Covington, KY 41015 2 bd / 1 ba | 884 sqft | closed Feb 2026 Renovated |
117 E 42nd St, Covington, KY 41015 2 bd / 1 ba | 1012 sqft | closed Jun 2026 Renovated |
136 E 43rd St, Covington, KY 41015 2 bd / 1 ba | 880 sqft | closed Mar 2026 Renovated |
Pulled from public record and provided for reference only.
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Known repairs
| Roof Aged, Budgeted Replace |
| Water heater Aged, Budgeted Replace |
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 Wed, Aug 19 at 11:00 AM 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 09/16/2026. |
| Title is open with Performance 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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