6026 Colter Ave Cincinnati, OH 45230
Mount Washington NeighborhoodEstimated payment $2,983/month
Highlights
- 0.67 Acre Lot
- No HOA
- Hot Water Heating System
- Walnut Hills High School Rated A+
- 4 Car Detached Garage
About This Home
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 Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,450
Year Built
- Built in 1954
Lot Details
- 29,055 Sq Ft Lot
Parking
- 4 Car Detached Garage
- 8 Open Parking Spaces
- Rear-Facing Garage
- Assigned Parking
Home Design
- Brick Exterior Construction
- Poured Concrete
- Shingle Roof
Interior Spaces
- 2-Story Property
- Brick Fireplace
- Insulated Windows
- Basement Fills Entire Space Under The House
Utilities
- Window Unit Cooling System
- Hot Water Heating System
- Heating System Uses Gas
Community Details
Overview
- No Home Owners Association
Building Details
- Insurance Expense $2,768
- Gross Income $44,688
- Net Operating Income $20,911
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $6,179 | $74,484 | $8,400 | $66,084 |
| 2024 | $6,138 | $74,484 | $8,400 | $66,084 |
| 2023 | $6,272 | $74,484 | $8,400 | $66,084 |
| 2022 | $4,595 | $50,639 | $8,355 | $42,284 |
| 2021 | $4,662 | $50,639 | $8,355 | $42,284 |
| 2020 | $4,517 | $50,639 | $8,355 | $42,284 |
| 2019 | $3,758 | $38,952 | $6,426 | $32,526 |
| 2018 | $3,760 | $38,952 | $6,426 | $32,526 |
| 2017 | $3,642 | $38,952 | $6,426 | $32,526 |
| 2016 | $5,843 | $61,250 | $6,762 | $54,488 |
| 2015 | $5,368 | $61,250 | $6,762 | $54,488 |
| 2014 | $5,386 | $61,250 | $6,762 | $54,488 |
| 2013 | $5,327 | $61,250 | $6,762 | $54,488 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/01/2026 05/01/26 | For Sale | $450,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | -- | Mattingly Ford Ttl Svcs Llc | |
| Survivorship Deed | $203,500 | Chicago Title Insurance Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,000,000 | New Conventional | |
| Previous Owner | $189,000 | Commercial | |
| Previous Owner | $140,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $143,300 | Commercial | |
| Previous Owner | $152,625 | Commercial | |
| Previous Owner | $82,000 | Commercial | |
| Previous Owner | $88,000 | Commercial |
Source: MLS of Greater Cincinnati (CincyMLS)
MLS Number: 1874581
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