| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 51st | Good |
| Demographics | 31st | Poor |
| Amenities | 8th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 455 W Main St, Mount Orab, OH, 45154, US |
| Region / Metro | Mount Orab |
| Year of Construction | 1982 |
| Units | 56 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
455 W Main St Mount Orab Multifamily Investment
Neighborhood occupancy is exceptionally strong and rents remain comparatively attainable, supporting steady tenant retention according to WDSuite’s CRE market data.
Situated in Mount Orab within the Cincinnati metro, the property benefits from suburban fundamentals that emphasize space and value. The immediate neighborhood skews practical over lifestyle, with limited on-foot amenities but adequate access to regional retail corridors. Restaurant density sits near the middle of national comparisons, while cafes, parks, and groceries are thinner locally, suggesting a car-oriented environment.
From an investor lens, the neighborhood’s occupancy is measured at the neighborhood level and is among the strongest in the metro, a signal that supports lease stability and reduces downtime risk. Renter concentration at the neighborhood level is above national norms for similar suburbs, and within a 3-mile radius roughly one-third of housing units are renter-occupied, indicating a meaningful tenant base for multifamily leasing.
Demographic statistics aggregated within a 3-mile radius indicate recent population and household growth, with forecasts pointing to continued expansion over the next five years. A larger household count and a rising share of younger adults would expand the renter pool, which can underpin occupancy stability and help sustain absorption during turns.
Affordability is a relative strength: neighborhood rents sit at accessible levels and the rent-to-income ratio is low, which can bolster retention and minimize turnover. At the same time, home values in this inner-suburban pocket are comparatively modest for the region, which can introduce some competition from entry-level ownership—an important consideration for pricing power and renewal strategy.
Safety indicators compare favorably. Based on metro rankings, this neighborhood places near the top among 611 Cincinnati neighborhoods for lower crime, and national benchmarking puts it in the top quartile for safety. According to CRE market data from WDSuite, both property and violent offense measures improved year over year, which supports resident satisfaction and lease retention.
While block-level conditions vary and no neighborhood is risk-free, the combination of strong metro standing and top-quartile national positioning is a constructive backdrop for multifamily operations.
The area’s renter base is supported by commutable access to Cincinnati’s core employers, including Anthem, Kroger, Humana, Duke Energy, and Procter & Gamble. This mix of corporate offices and headquarters underpins stable demand from diversified professional and administrative workforces.
- Anthem Inc Mason Campus II — insurance (27.7 miles)
- Kroger DCIC — corporate offices (28.8 miles)
- Humana — health insurance (31.1 miles)
- Duke Energy — utilities (31.1 miles)
- Procter & Gamble — consumer goods (31.3 miles) — HQ
This 56-unit multifamily asset sits in a neighborhood with standout occupancy at the neighborhood level and rents that remain accessible relative to incomes, supporting leasing stability and renewal capture. Within a 3-mile radius, population and household growth—alongside a meaningful share of renter-occupied units—point to a larger tenant base over the next cycle. According to CRE market data from WDSuite, safety benchmarks rank favorably versus both metro and national peers, reinforcing resident retention.
Key considerations include a car-oriented amenity profile and a homeownership market that is comparatively accessible, which can temper pricing power during rapid rent-ups. Even so, the combination of steady demand drivers, commutable access to Cincinnati’s employer base, and relative affordability presents a balanced long-term thesis.
- Neighborhood-level occupancy strength supports consistent collections and reduced downtime
- Renter pool expansion within 3 miles underpins demand and lease retention
- Favorable safety positioning versus metro and national cohorts aids retention
- Relative affordability (low rent-to-income ratio) supports renewal capture
- Risk: limited on-foot amenities and accessible homeownership can moderate pricing power