6501 Coleridge Ave · Cincinnati, OH 45213

$149,900

3 bd · 2.0 ba · 1,311 sqft · SingleFamily public records · 129 Days on market

Built 1896 7,536 sqft lot Est $294k · 49% under

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +25.5/30.0
• ARV discount +15.0/15.0
• DSCR +8.4/10.0
• 1% rule +6.9/10.0
• Rent growth +4.4/5.0
• Livability +4.0/5.0
• Schools +2.5/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Two Story, 3 Bedrooms, 2 Full Baths, Large Living & Dining Room, Full Basement, Enclosed Porch, Attached Garage, Level Yard.

Key facts

• Hvac updated
• Electric updated
• 7,536 sq ft lot

Tags

• HVAC UPDATED
• ELECTRIC UPDATED

Property features AI

Finance

• Other: Lot size approximately 0.173 acres; Located in Kennedy Hts.; directions: Montgomery Road to Coleridge Ave
• HOA & community: No HOA

Exterior

• Parking: Front garage (1 car)
• Utilities: Public water; Public sewer; Natural gas service; Gas water heater
• Home design: Traditional single-family home; One story
• Construction: Other foundation
• Exterior features: Aluminum windows; Shingle roof; Aluminum siding; Residential zoning

Interior

• Bedrooms: 3 bedrooms on main level
• Bathrooms: 2 full bathrooms on main level
• Heating & cooling: Gas heating; Cooling: Other
• Interior features: 6 total rooms; Full basement

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $349 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Recommended offer: $132k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.1% vs local median 3.9% in Cincinnati — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 80/100 on livability (#130 in OH, #1,856 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: employment D, crime F.
• Cincinnati Public Schools (urban): math 25% / reading 36% proficiency, ranked #581 of 656 in OH (top 89%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+7.7%/yr); 30 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 801 units permitted in Hamilton County in 2024 (190 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 7.7% rent growth), your $42k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 129 days — a 12% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
• 14 sale attempts since 27y ago; this cycle's ask has dropped $25k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $20k; list at $150k implies a 650% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1896 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $131,912 (12.0% below list)

Questions for the listing agent

1. It's been on market 129 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1896 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.19% ✓
• Cap rate: 9.09%
• Cash-on-cash: 9.97%
• DSCR: 1.44
• GRM: 7.0

CMA / ARV

• ARV (on-the-fly): $293,664
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6414 Red Bank Rd	0.15mi	3/2.5	1,280 (-2%)	5mo	$170,000	$133	83
3708 Zinsle Ave	0.08mi	2/1.5 (-1)	1,272 (-3%)	4mo	$252,000	$198	82
3848 Odin Ave	0.28mi	3/2.0	1,404 (+7%)	1mo	$315,000	$224	75
6745 Belkenton Ave	0.32mi	3/2.0	1,364 (+4%)	4mo	$263,500	$193	75
6140 Grand Vista Ave	0.64mi	3/1.5	1,402 (+7%)	2mo	$396,000	$282	54
6047 Kennedy Ave	0.44mi	3/2.5	1,457 (+11%)	6mo	$315,000	$216	54
6163 Grand Vista Ave	0.68mi	3/2.0	1,419 (+8%)	1mo	$275,000	$194	53
6221 Hedge Ave	0.34mi	2/1.0 (-1)	1,152 (-12%)	3mo	$215,000	$187	52
6808 Sampson Ln	0.68mi	2/1.5 (-1)	1,267 (-3%)	6mo	$288,500	$228	51
6515 Iris Ave	0.34mi	4/1.5 (+1)	1,487 (+13%)	6mo	$375,138	$252	50
6733 Stoll Ln	0.74mi	3/1.5	1,440 (+10%)	0mo	$352,500	$245	47
3331 Arrow Ave	0.72mi	2/1.0 (-1)	1,179 (-10%)	0mo	$310,000	$263	40

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 7.74% rent growth · sell at horizon

5-year hold

• IRR: 4.0%
• Equity multiple: 1.16×
• Total profit: $6,861
• Equity at exit: $22,351

10-year hold

• IRR: 17.6%
• Equity multiple: 2.79×
• Total profit: $75,009
• Equity at exit: $12,961

Cash invested: $41,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 73 Landlord-Friendly
• State Ohio: 73 Landlord-Friendly · R+6
• County: — inherits STATE
• City: — inherits STATE

3-day notice; Cleveland / Columbus have some habitability code enforcement; otherwise landlord-leaning.

Methodology + full state rankings →

ZIP-level market 45213

• Rents YoY: 7.7%
• Active inventory: 30
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $1,780 high
• Mortgage (P&I): −$786
• Tax from tax record: −$209 /mo · $2,506/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$374
• Net cashflow: $349

Break-even live

Break-even rent $1,338

Max offer price $149,900

Occupancy floor 75%

Sensitivity live

Price	-10% $434	-5% $391	+0% $349	+5% $306	+10% $264
Rent	-10% $208	-5% $279	+0% $349	+5% $419	+10% $489
Rate	-1.0pp $424	-0.5pp $387	base $349	+0.5pp $310	+1.0pp $270

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $37,475
• Closing costs: $4,497
• Reserves months: —
• Total cash needed: —

Rent comps 21 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3701 Iona Ave Cincinnati, OH	2.0	1.5	900	$1,475	$1.64	24d	1	0.22mi
3647 Northdale Pl Unit 3657-2 Cincinnati, OH	2.0	1.0	1000	$1,195	$1.20	24d	1	0.33mi
3642 Northdale Pl Unit 2 Cincinnati, OH	2.0	1.0	900	$1,250	$1.39	15d	1	0.35mi
3942 Standish Ave Cincinnati, OH	3.0	3.0	1279	$2,750	$2.15	44d	1	0.45mi
6830 Withany Ave Cincinnati, OH	3.0	1.0	972	$1,795	$1.85	24d	1	0.47mi
6015 Red Bank Rd Cincinnati, OH	3.0	2.0	1175	$1,600	$1.36	5d	1	0.49mi
3501 Section Rd Cincinnati, OH	2.0–3.0	2.0	1140	$1,695	$1.49	4d	5	0.55mi
6142 Dryden Ave Unit 4 Cincinnati, OH	2.0	1.0	950	$1,250	$1.32	24d	1	0.60mi
5821 Valley View Ave Cincinnati, OH	3.0	1.0	1574	$1,700	$1.08	24d	1	0.71mi
6847 Stewart Rd Cincinnati, OH	1.0–2.0	1.0–2.0	777	$2,165	$2.78	2d	11	0.87mi
5805 Woodmont Ave Cincinnati, OH	4.0	2.5	1681	$2,495	$1.48	15d	1	0.99mi
5601 Viewpointe Dr Cincinnati, OH	2.0–3.0	2.0	1102	$2,293	$2.08	2d	24	1.02mi
3163 Woodford Rd Cincinnati, OH	1.0–2.0	1.0–1.5	862	$1,399	$1.62	2d	14	1.03mi
7505 Montgomery Rd #14 Cincinnati, OH	3.0	1.0	1032	$1,595	$1.55	24d	1	1.05mi
5500 Ehrling Rd Cincinnati, OH	3.0	2.0	1408	$2,031	$1.44	24d	1	1.06mi
2929 Cortelyou Pl Cincinnati, OH	2.0	1.0	1198	$1,425	$1.19	24d	1	1.09mi
5552 Ehrling Rd Cincinnati, OH	3.0	2.0	1254	$2,105	$1.68	2d	1	1.10mi
6020 Montgomery Rd Cincinnati, OH	2.0	1.0–2.0	893	$3,199	$3.58	2d	25	1.13mi
3167 Auten Ave Cincinnati, OH	3.0	1.5	1260	$2,000	$1.59	15d	1	1.20mi
2858 Losantiville Ave Cincinnati, OH	2.0	2.5	1800	$1,950	$1.08	24d	1	1.25mi
7710 Plainfield Rd Cincinnati, OH	2.0	1.0	1100	$1,835	$1.67	44d	1	1.39mi

Listing history 43 events

1. 2026-06-21
   days on market $149,900 Active 129 DOM
2. 2026-06-18
   days on market $149,900 Active 126 DOM
3. 2026-06-17
   days on market $149,900 Active 125 DOM
4. 2026-06-16
   days on market $149,900 Active 124 DOM
5. 2026-06-15
   days on market $149,900 Active 123 DOM
6. 2026-06-13
   days on market $149,900 Active 121 DOM
7. 2026-06-13
   days on market $149,900 Active 120 DOM
8. 2026-06-09
   days on market $149,900 Active 117 DOM
9. 2026-06-08
   days on market $149,900 Active 116 DOM
10. 2026-06-07
    days on market $149,900 Active 115 DOM
11. 2026-06-03
    days on market $149,900 Active 111 DOM
12. 2026-06-02
    days on market $149,900 Active 110 DOM
13. 2026-06-01
    days on market $149,900 Active 109 DOM
14. 2026-05-31
    days on market $149,900 Active 108 DOM
15. 2026-04-20
    price $149,900
16. 2026-02-12
    listed $175,000 Active
17. 2018-08-14
    soldstatus $20,000 Sold 128-char remark

    Show marketing remark (128 chars)

    Two Story, 3 Bedrooms, 2 Full Baths, Large Living & Dining Room, Full Basement, Enclosed Porch, Attached Garage, Level Yard.

18. 2018-07-16
    historical Accept Backup Offers 128-char remark

    Show marketing remark (128 chars)

    Two Story, 3 Bedrooms, 2 Full Baths, Large Living & Dining Room, Full Basement, Enclosed Porch, Attached Garage, Level Yard.

19. 2018-07-09
    status Active 128-char remark

    Show marketing remark (128 chars)

    Two Story, 3 Bedrooms, 2 Full Baths, Large Living & Dining Room, Full Basement, Enclosed Porch, Attached Garage, Level Yard.

20. 2018-06-28
    historical Accept Backup Offers 128-char remark

    Show marketing remark (128 chars)

    Two Story, 3 Bedrooms, 2 Full Baths, Large Living & Dining Room, Full Basement, Enclosed Porch, Attached Garage, Level Yard.

21. 2018-06-26
    status Active 128-char remark

    Show marketing remark (128 chars)

    Two Story, 3 Bedrooms, 2 Full Baths, Large Living & Dining Room, Full Basement, Enclosed Porch, Attached Garage, Level Yard.

22. 2018-06-15
    historical Accept Backup Offers 128-char remark

    Show marketing remark (128 chars)

    Two Story, 3 Bedrooms, 2 Full Baths, Large Living & Dining Room, Full Basement, Enclosed Porch, Attached Garage, Level Yard.

23. 2018-06-06
    status Active 128-char remark

    Show marketing remark (128 chars)

    Two Story, 3 Bedrooms, 2 Full Baths, Large Living & Dining Room, Full Basement, Enclosed Porch, Attached Garage, Level Yard.

24. 2018-04-19
    historical Accept Backup Offers 128-char remark

    Show marketing remark (128 chars)

    Two Story, 3 Bedrooms, 2 Full Baths, Large Living & Dining Room, Full Basement, Enclosed Porch, Attached Garage, Level Yard.

25. 2018-04-03
    listed $29,900 Active 128-char remark

    Show marketing remark (128 chars)

    Two Story, 3 Bedrooms, 2 Full Baths, Large Living & Dining Room, Full Basement, Enclosed Porch, Attached Garage, Level Yard.

26. 2005-07-04
    historical
27. 2005-06-08
    soldstatus $35,000
28. 2005-05-16
    listed $34,900
29. 2005-03-11
    listed $39,900
30. 2005-03-07
    historical
31. 2005-01-25
    listed $46,900
32. 2005-01-15
    historical
33. 2004-12-16
    listed $53,900
34. 2004-12-04
    historical
35. 2004-11-04
    listed $57,900
36. 2004-10-31
    historical
37. 2004-07-13
    listed $61,900
38. 2002-06-24
    historical
39. 2002-06-19
    historical
40. 2002-03-29
    listed $84,900
41. 2002-02-01
    historical
42. 2001-10-26
    listed $115,000
43. 1999-05-26
    listed $89,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast OH · Partial reset (capped growth)

• Current annual tax: $2,506 · $209/mo
• Projected year-2 tax: $2,506 · $209/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥103°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,360
• − Mortgage interest: −$8,397
• − Property taxes: −$2,506
• − Insurance: −$750
• − Repairs & maintenance: −$1,709
• − Management: −$1,709
• − Depreciation: −$4,361
• Taxable income: $1,930
• Est. tax owed @ 24.0%: −$463
• After-tax cash flow: $3,723/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Cincinnati Public Schools
• NCES district ID: 3904375
• Math proficiency: 25% ▼ -19.00%
• Reading proficiency: 36% ▼ -14.00%
• Median HH income: $35,743
• Composite: 25.21/100
• National rank: #7508
• State rank: #581 of 656 in OH

Livability — Cincinnati

• Score: 80/100
• State rank: #130
• US rank: #1856

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime F Employment D Housing A+ Health & safety B+ User ratings C-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Cincinnati, OH
• County: Hamilton County · 701,295 people
• City population: 505,555
• Metro: Cincinnati, OH-KY-IN
• Population (ZIP): 11,139
• Household income: $76,356
• Rent vs Own: 40.7% rent · 59.3% own
• Severe rent burden: 376.0

Population outlook (Hamilton County) Hauer SSP2

• Today (2025): 826,054 people
• By 2030: 830,947 · +0.6%
• By 2040: 832,319 · +0.8%
• By 2050: 822,428 · -0.4%
• By 2075: 788,688 · -4.5%
• By 2100: 710,674 · -14.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.55)
• Race & ethnicity: White 60% Black 29% Two or more races 5% Hispanic / Latino 2% Asian 2%
• Common ancestry: Romanian 2% Italian 2% Iranian 1%
• Foreign-born: 3% · China, Canada
• Languages at home: 96% English-only · Spanish 2% Chinese 1%

Political lean MEDSL · Hamilton

• 2024 margin: D (+14.9) · D 57.0% · R 42.1%
• 2008→2024 swing: +7.9pp toward D · 2008: 7.0pp · 2024: 14.9pp
• All cycles: 2024: D+14.9 2020: D+15.9 2016: D+9.5 2012: D+4.9 2008: D+7.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -245.11%
• Current HPI: 282.4409
• Rent YoY: ▲ 7.74%
• Metro: Cincinnati, OH-KY-IN
• State GDP YoY: ▲ 1.98%
• F500 in state: 48

Industry mix (Fortune 500 HQ in OH)

Industry	F500 HQs	Revenue
▸Insurance	3	$145B
▸Industrial Machinery	3	$49B
▸Financial Services	3	$24B
▸Consumer Goods	2	$93B
▸Aerospace / Defense	2	$47B
▸Utilities	2	$33B

Price history

+66.7% since first listed

29 events — show timeline

• 2026-04-20 Price Changed $149,900 Cincy MLS
• 2026-02-12 Listed $175,000 Cincy MLS
• 2018-08-14 Sold (MLS) $20,000 Cincy MLS
• 2018-07-16 Contingent — Cincy MLS
• 2018-07-09 Relisted — Cincy MLS
• 2018-06-28 Contingent — Cincy MLS
• 2018-06-26 Relisted — Cincy MLS
• 2018-06-15 Contingent — Cincy MLS
• 2018-06-06 Relisted — Cincy MLS
• 2018-04-19 Contingent — Cincy MLS
• 2018-04-03 Listed $29,900 Cincy MLS
• 2005-07-04 Listing Removed — Cincy MLS
• 2005-06-08 Sold (MLS) $35,000 Cincy MLS
• 2005-05-16 Listed $34,900 Cincy MLS
• 2005-03-11 Listed $39,900 Cincy MLS
• 2005-03-07 Listing Removed — Cincy MLS
• 2005-01-25 Listed $46,900 Cincy MLS
• 2005-01-15 Listing Removed — Cincy MLS
• 2004-12-16 Listed $53,900 Cincy MLS
• 2004-12-04 Listing Removed — Cincy MLS
• 2004-11-04 Listed $57,900 Cincy MLS
• 2004-10-31 Listing Removed — Cincy MLS
• 2004-07-13 Listed $61,900 Cincy MLS
• 2002-06-24 Listing Removed — Cincy MLS
• 2002-06-19 Listing Removed — Cincy MLS
• 2002-03-29 Listed $84,900 Cincy MLS
• 2002-02-01 Listing Removed — Cincy MLS
• 2001-10-26 Listed $115,000 Cincy MLS
• 1999-05-26 Listed $89,900 Cincy MLS

Property tax history

+5.9%/yr

Latest (2025): $2,506 · +0.1% YoY. Source: county tax records.