Flip report generated Jun 5, 2025
The Flip Potential of
482 Elberon Avenue Cincinnati, OH
is medium.
Current Specs
4 Bed / 2 Bath
2,151 sqft
$30 per sqft
Estimated Value$64,900
Flip Advice
This duplex at 482 Elberon Ave sits on a large lot and boasts over 2,150 sqft, with 4 beds and 2 baths—great bones for a flip in Cincinnati’s East Price Hill neighborhood. Priced at just $65K, it’s well below both the median sold price for similar-size nearby multi-family comps ($325K) and the average Cincinnati home value ($250K). However, it needs a full rehab, so investors should budget for significant renovations.
If you’re an investor, I’d recommend jumping on this deal if you have strong rehab resources—it’s got huge spread potential, especially with nearby comps showing values 2–5x higher. For current owners, focus on essential updates and curb appeal to maximize resale value; even modest improvements here could net a solid return. Just don’t underestimate rehab costs and plan for a project timeline.
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