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3-Unit Triplex with Original Details
For Sale
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2806 Observatory Avenue, Cincinnati, OH 45208

Three distinct layouts include two full-floor apartments and a third-floor studio.

Property SizeContact for details
Days on Market11

Property Features for 2806 Observatory Avenue

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 2 x 2BR/1BA, 1 x studio
Multifamily Units 3

Amenities

hardwood floors
stained glass
fireplaces
coin laundry
storage shed
front porch
balcony
rear deck
fenced yard

Building Details

Buildings 1
Stories 3
Listing Agency: Coldwell Banker Realty
Listed By: James Pitzer
Source: Crexi
Added: Sep 17 Changed: Sep 24 Last Checked: Sep 26 at 5:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This triplex contains two apartments, each with two bedrooms, a full bath, living and dining rooms, and an equipped kitchen. The third-floor studio has a living area, kitchen, bedroom, and full bath. Interior details include hardwood flooring, stained glass, and vintage fireplaces. The first- and second-floor kitchens have been updated with granite countertops, and the baths, mechanical systems, and windows have also been updated.

A full basement provides storage and coin-operated laundry. Outside, the property includes off-street parking, a concrete driveway, storage shed, rebuilt front porch, balcony, rear deck, and fenced yard area. Hyde Park Square is one block away.

Key Highlights

  • Two apartments each have 2 bedrooms and 1 full bath
  • Third‑floor studio includes a kitchen, bedroom, living area, and full bath
  • Hardwood floors, stained glass, and vintage fireplaces

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Food Market Grocery & Convenience Store Parking Lot & Garage HVAC Service Furniture & Home Goods Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,345
Businesses Nearby

Demographics for 45208, OH

18,969
Population
8,928
Households
2.1
Avg Household Size
37
Median Age
83%
College-Educated
99%
High-School Grad
4.3 sq mi
ZIP Area
4,411
Density / Sq Mi
$133,213
Median Household Income
$76,143
Median Earnings
$1,315
Median Rent
$491,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three distinct layouts include two full-floor apartments and a third-floor studio.
Where is this triplex located?
The property is located at 2806 Observatory Avenue Cincinnati, OH.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Two apartments each have 2 bedrooms and 1 full bath; Third‑floor studio includes a kitchen, bedroom, living area, and full bath; Hardwood floors, stained glass, and vintage fireplaces
(513) 225-3069 Call to check price and availability
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