6011 Vine St Cincinnati, OH 45216
Estimated payment $2,486/month
Highlights
- No HOA
- Heating Available
- 3-minute walk to Elmwood Playground
About This Home
Attention savvy investors: Secure a high-performing mixed-use asset in the steady Cincinnati market. This 4-unit property offers the perfect blend of immediate residential stability and a clear, high-impact value-add path through its commercial component. Currently anchored by three occupied residential units providing a reliable income base. The ground-floor commercial suite is positioned for a rent increase from $1,500 to $2,000/month, driving significant equity growth. While the local market averages 6-7% CAP rates, this property is structured to deliver a 10.8% Pro-Forma CAP based on 2025-2026 projections. Current rent roll $4,645 a month. Finished Sqft 5,343 10.7% C.A.P
Listing Agent
Ali Abdur-Rahman
Plum Tree Realty License #2004006274 Listed on: 03/21/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,930
Year Built
- Built in 1920
Lot Details
- 3,136 Sq Ft Lot
- Lot Dimensions are 31.50 x 125
Parking
- On-Street Parking
Home Design
- Tri-Level Property
- Poured Concrete
- Membrane Roofing
Basement
- Basement Fills Entire Space Under The House
Utilities
- Window Unit Cooling System
- Heating Available
- Separate Meters
- Gas Available at Street
Community Details
Overview
- No Home Owners Association
Building Details
- Insurance Expense $3,000
- Maintenance Expense $1,000
- Water Sewer Expense $1,500
- Gross Income $55,740
- Net Operating Income $38,509
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,939 | $77,000 | $3,997 | $73,003 |
| 2024 | $6,863 | $77,000 | $3,997 | $73,003 |
| 2023 | $6,976 | $77,000 | $3,997 | $73,003 |
| 2022 | $2,629 | $23,143 | $3,056 | $20,087 |
| 2021 | $2,414 | $23,143 | $3,056 | $20,087 |
| 2020 | $2,338 | $23,143 | $3,056 | $20,087 |
| 2019 | $2,426 | $22,470 | $2,968 | $19,502 |
| 2018 | $2,458 | $22,470 | $2,968 | $19,502 |
| 2017 | $2,353 | $22,470 | $2,968 | $19,502 |
| 2016 | $2,472 | $24,098 | $3,175 | $20,923 |
| 2015 | $2,342 | $24,098 | $3,175 | $20,923 |
| 2014 | $2,321 | $24,098 | $3,175 | $20,923 |
| 2013 | $2,368 | $25,103 | $3,308 | $21,795 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/21/2026 03/21/26 | For Sale | $359,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $250,000 | None Listed On Document | |
| Warranty Deed | $250,000 | None Listed On Document | |
| Warranty Deed | $180,000 | None Listed On Document | |
| Warranty Deed | $180,000 | None Listed On Document | |
| Warranty Deed | $220,000 | None Listed On Document | |
| Deed | $160,000 | -- | |
| Warranty Deed | $150,000 | -- | |
| Warranty Deed | $150,000 | None Listed On Document |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $160,000 | New Conventional | |
| Closed | $160,000 | New Conventional | |
| Previous Owner | $165,000 | Balloon | |
| Previous Owner | -- | No Value Available |
Source: MLS of Greater Cincinnati (CincyMLS)
MLS Number: 1872486
APN: 661-0001-0204
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