$410,000
SOLD AUG 30, 2021 RENTED JAN 7, 2025

2804 Observatory Ave Cincinnati, OH 45208

-- Bed
-- Bath
2,393 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$171 Per Sq Ft

25% Below List Price

56 Days on Market

Highlights

  • Deck
  • Porch
  • Wood Siding
  • Walnut Hills High School Rated A+
  • Forced Air Heating System
  • Gas Fireplace

About This Home

As of August 2021

Rare 3 unit building in Hyde Park. Live in one unit and rent two others. Hdwd floors, deck, two porches, off-street parking, fenced rear yard, full basement. Three wndw a/c, 3 refrig, 2 stoves incl. Tenants pay gas & elec. Two 2BR, one 1BR. Newer furn & H20. Near all that HP square has to offer. Beautiful inop fireplaces. Sells AS-IS; no FHA/VA.

Last Agent to Sell the Property

Bart Rosenberg

Sibcy Cline, Inc. License #2004016867 Listed on: 06/16/2021

Sibcy Cline, Inc.

Last Buyer's Agent

James Pitzer

Coldwell Banker Realty License #2004022646

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,632

Year Built

  • Built in 1910

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Aluminum or Metal Fence

Home Design

  • Triplex
  • Shingle Roof
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 3-Story Property
  • Gas Fireplace
  • Vinyl Clad Windows
  • Double Hung Windows
  • Basement Fills Entire Space Under The House

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Separate Meters

Community Details

  • Insurance Expense $1,600
  • Water Sewer Expense $1,600
  • Gross Income $35,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,632

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Suburb: Hyde Park
  • Cross Street: Linwood Ave
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Miscellaneous: Individual Laundry
  • Cooling: Window Unit
  • Heating: Gas, Forced Air, Individual
  • Sub Lease Expiration Date: 1800-01-01T00:00:00-05:00
  • Suburb S I C: Hyde Park
  • Annual Assessment Amount: Of Record
  • Price Per Acre: 2928571.43
  • Public Transportn: Erie Ave
  • Year Built: 1910
  • Appliance Include: Window a/c. refrigs, stoves, washer
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: Madison Rd to east on Observatory to address
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 3
  • Property Subtype 1: Multi Fam 2-4 units
  • StructureType: Triplex
  • Occupancy: At Closing
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Property Type: Residential Income
  • Separate Furnace: Yes
  • Heat Paid: Tenant
  • Lease Information: Rents are estimated market
  • Other Features: Busline Near
  • Reciprocal Listing: No
  • School Name1: Call SD 513-363-0000
  • Semi Annual Taxes: 4316
  • Water Paid: Owner
  • Basement: Full
  • Fireplaces: 2
  • Levels: Three
  • Zero Selling Price: No
  • Fireplace: Gas, Inoperable
  • Windows: Double Hung, Vinyl
  • One Bedroom Rent: 650.00
  • One Bedroom Sq Ft: 461
  • One Bedroom Number of Units: 1
  • Two Bedroom Rent: 2300.00
  • Two Bedroom Sq Ft: 966
  • Two Bedroom Units: 2

Exterior Features

  • Roof: Shingle
  • Construction: Wood Siding, Aluminum Siding
  • Outside Features: Deck, Porch, Metal Fence, Fire Escape
  • Foundation: Poured
  • Listing Price: 489000.00
  • Acres: 0.1400
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking: Off Street, Driveway

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 1600

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service

Fee Information

  • Taxes: 8632

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Dimensions: 50X125
  • Lot Size Sq Ft: 6098.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 35400.00
  • Total Buildings: 1
  • Insurance: 1600.00

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2025 01/07/25 Rented $1,995 0.0% --
01/07/2025 01/07/25 Under Contract -- -- --
12/06/2024 12/06/24 Price Changed $1,995 -9.1% $1 / Sq Ft
11/21/2024 11/21/24 For Rent $2,195 +33.4% --
12/16/2023 12/16/23 Off Market $1,645 -- --
12/16/2023 12/16/23 Off Market $2,000 -- --
11/21/2022 11/21/22 Rented $1,645 +3.1% --
11/18/2022 11/18/22 Price Changed $1,595 -20.3% $2 / Sq Ft
11/16/2022 11/16/22 Rented $2,000 -8.9% --
10/28/2022 10/28/22 Price Changed $2,195 +22.3% $2 / Sq Ft
10/28/2022 10/28/22 Price Changed $1,795 -28.1% $2 / Sq Ft
10/25/2022 10/25/22 For Rent $2,495 +25.1% --
10/25/2022 10/25/22 For Rent $1,995 -20.0% --
10/12/2022 10/12/22 Off Market $2,495 -- --
10/12/2022 10/12/22 Off Market $1,995 -- --
10/04/2022 10/04/22 For Rent $2,495 +25.1% --
10/04/2022 10/04/22 For Rent $1,995 0.0% --
11/29/2021 11/29/21 Off Market $410,000 -- --
08/30/2021 08/30/21 Sold $410,000 -25.3% $171 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $549,000 -- $229 / Sq Ft
Source: MLS of Greater Cincinnati (CincyMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1704352

MLS of Greater Cincinnati (CincyMLS)

APN: 040-0006-0123-00