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Hyde Park Multifamily Home for Sale

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    $625,000

    3425 Pape Ave, Cincinnati, OH 45208

    Rare find in Hyde Park. This four-family is ready for the perfect owner/occupant or investor. Consistent rental history; below market rents. Four one-bedroom apartments, all identical floor plans with hardwood floors. In building garage offers one parking space per unit.

    3425 Pape Ave, Cincinnati, OH 45208

About Hyde Park

Hyde Park, located six miles from downtown Cincinnati, is a neighborhood known for its diverse home styles and numerous attractions. Hyde Park Square, the neighborhood's focal point, features a park surrounded by locally owned boutiques and restaurants along Erie Avenue. The area offers a mix of suburban and urban living, with homes ranging from Craftsman and Victorian styles to contemporary townhomes and condos. The neighborhood is inside the Interstate 275 loop, providing convenient access to the greater Cincinnati area. Hyde Park School, serving kindergarten through sixth grade, is highly rated and housed in a historic building with notable architecture. For dining, residents enjoy options like Peace, Love and Little Donuts for breakfast, The Echo for diner-style meals, and Alfio’s Buon Cibo for a unique Italian-Argentine dinner. Unwind Wine Bar offers a cozy spot for evening cocktails. Shopping needs are met by Whole Foods and Kroger on Wasson Road, and specialty shops like Hyde Park Gourmet Food and Wine. Recreational spaces include East Hyde Park Commons with playgrounds and tennis courts, and Larz Anderson Park, which offers walking trails and picnic areas. The nearby Ohio River is ideal for boating and fishing. The neighborhood is safer than the national average, and transportation is facilitated by the Cincinnati Metro Bus and proximity to Interstates 71 and 75.

Home Trends in Hyde Park, OH

Home Trends

Median Price (12 Mo)
$492,500
Median Single Family Price
$579,750
Median Townhouse Price
$1,092,500
Median 2 Bedroom Price
$296,265
Median 1 Bedroom Price
$176,000
Average Price Per Sq Ft
$281
Number of Homes for Sale
19
Last 12 months Home Sales
194
Months of Supply
1.20
Median List Price
$497,000
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
-4%
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