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2850 Observatory Avenue Hyde Park, OH 45208

0.19
Acres
$795,000
MLS# 1897448
0
0.19 AC
1/18
  • New Listing
2/18
3/18
Photos
Map
Photos
Map

Received 10/19/2026

More About 2850 Observatory Avenue

Generational investment opportunity in the heart of Hyde Park! This extraordinary 4-unit estate has been meticulously updated to combine historic elegance with modern luxury, making it a rare crown jewel for discerning investors. The property boasts high-end finishes throughout, including stunning Carrera marble, gourmet kitchens, sleek glass-enclosed showers, beautifully refinished hardwood floors, and masterfully restored Rookwood fireplaces. Beyond its aesthetic appeal, the building offers exceptional peace of mind with extensive capital improvements, featuring updated HVAC, plumbing, and electrical systems, alongside a durable 40-year roof. The asset delivers immediate, strong cash flow across four distinct layouts, featuring two 1-bedroom units renting for $1,000 per month each, a 2-bedroom unit renting for $1,800 per month, and a second 2-bedroom unit commanding $2,000 per month.

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Directions to this Listing

: Paxton or Edwards to Observatory

Information Refreshed: 10/19/2026 10:02 AM

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Property Details

  • MLS#:

    1897448
  • Type:

    Multi Family
  • County:

    Hamilton
  • Age:

    106
  • Construction:

    Brick
  • Cooling:

    Central Air
  • Garage:

    Garage Detached, Oversized
  • Heating:

    Gas
  • Lot Description:

    50 X 150
  • S/A Taxes:

    12042
  • School District:

    Cincinnati Public Schools
This listing courtesy of Joan Elflein (614) 989-7215 , Ohio Broker Direct (614) 989-7215

Frequently Asked Questions

How much does 2850 Observatory Avenue cost?
2850 Observatory Avenue, Hyde Park, OH is listed at $795,000.
What type of property is 2850 Observatory Avenue?
2850 Observatory Avenue is a Multi Family with 0.19 acres.
Is 2850 Observatory Avenue still available?
2850 Observatory Avenue is currently listed as Active.
What school district serves 2850 Observatory Avenue?
2850 Observatory Avenue is served by the Cincinnati Public Schools school district.

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OH•45208•Hamilton County•Hyde Park•2850 Observatory Avenue

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity programs of the MLS of Greater Cincinnati, Inc. Those listings held by brokerage firms other than Sibcy Cline, Inc. are marked with the Broker Reciprocity logo and house icon. The properties displayed may not be all of the properties available through Broker Reciprocity. Copyright© 2026 Multiple Listing Services of Greater Cincinnati / All Information is believed accurate, but is NOT guaranteed.