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$ 450,000
Est. payment | /mo
0.67 Acres Lot
$ 450,000
Est. payment | /mo
0.67 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi Fam 2-4 units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1874581
Year Built 1954
Lot Size 0.667 Acres
Property Sub-Type Multi Fam 2-4 units
Source Cincinnati Multiple Listing Service
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.
Location
State OH
County Hamilton
Area Hamilton-E07
Rooms
Basement Full
Interior
Heating Gas, Hot Water
Cooling Window Unit
Fireplaces Type Brick
Window Features Insulated
Exterior
Parking Features Rear, Detached
Garage Spaces 4.0
Garage Description 4.0
View Y/N No
Water Access Desc Public
Roof Type Shingle
Building
Foundation Poured
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
School District Cincinnati City Sd
Listed by Coldwell Banker Realty
MORTGAGE CALCULATOR
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