Listed By
Agency Name: Coldwell Banker Realty
Agency Phone: 513-321-9944
Agent Name: Patrick Roberts
Shown By
Agent Name: Leah Ackerman
Agent Phone: (614) 306-5050
Agency Title: Cutler Real Estate
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Property Description
Turn-key, well-maintained four-family property at 6026 Colter Ave offering immediate income with significant value-add potential. This solid asset features four 1-bedroom units, all currently leased below market rentsproviding a clear opportunity to increase NOI and drive long-term equity growth. Each unit is clean, functional, and attractive to tenants, supporting stable occupancy and consistent cash flow. The oversized lot offers multiple avenues for expansion,including the potential to add an ADU or enhance outdoor amenities. There is also an opportunity to create a fifth unit in the basement (subject to approvals), further maximizing rental income. Additional upside includes installing coin-operated laundry for passive income. Strong rental demand supports future rent increases, making this an excellent opportunity for investors seeking both stability and growth.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: Window Unit
Fireplaces: 0
Garage: 4
Heating: Gas, Hot Water
Lot Size: 0.67 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $6,450
Year Built: 1954
Feature Descriptions
Exterior: Brick
Fireplace Features: Brick
Foundation: Poured
Gas: Natural
Parcel #: 003-0002-0092-00
Parking: Assigned, Private, Garage
Sewer: Public Sewer
Total Buildings: 1
Units: 4
Water: Public
Window Features: Insulated
Local Schools
School District: Cincinnati
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Estimated Payment
$ 2,956.05 per month $2,287.30 Principal & Interest $537.50 Property Tax $131.25 Homeowner's InsuranceChange Payment Information
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6026 Colter Avenue | MLS# 1874581
This multi-family property located at 6026 Colter Avenue, Cincinnati, OH 45230 is currently listed for sale with an asking price of $450,000. Colter Avenue is located within the Cincinnati school district. Search Cincinnati real estate on www.leahackerman.com today.