| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 49th | Good |
| Demographics | 42nd | Fair |
| Amenities | 74th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1611 Eden Park Dr, Hamilton, OH, 45013, US |
| Region / Metro | Hamilton |
| Year of Construction | 2003 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1611 Eden Park Dr Hamilton Multifamily Investment
Neighborhood occupancy has been steady and supported by a diverse renter base, according to WDSuite’s CRE market data, while proximity to major employers and everyday amenities points to durable leasing fundamentals.
The property sits in an Inner Suburb of the Cincinnati metro that ranks 108 out of 611 neighborhoods with an A- neighborhood rating, placing it in the top quartile metro-wide. This positioning typically signals balanced demand drivers and supports stable operations for workforce-oriented assets.
Local amenity access is a relative strength: restaurants and cafes score above the metro median and around the upper national quartiles, with grocery, parks, and pharmacies also competitive. Average school ratings land near the national midpoint, which may warrant selective concessions or value enhancements aimed at family renters rather than relying solely on school-driven demand.
Construction patterns skew older across the neighborhood, but a 2003-vintage asset competes favorably versus 1980-era stock, often reducing near-term capital exposure while still benefiting from light modernization to meet current renter expectations. Neighborhood occupancy is in the upper national percentiles for stability, and the share of renter-occupied housing units is around one-third, indicating a meaningful—though not saturated—tenant base for multifamily.
Within a 3-mile radius, demographics show recent population resilience with a modest uptick and a projected increase in households over the next five years, suggesting a larger tenant base and support for rent growth. Household incomes have trended higher, and rent levels have risen from prior periods with further increases projected, which can sustain pricing power when paired with measured lease management and ongoing multifamily property research from WDSuite.
Safety indicators for the neighborhood are competitive among Cincinnati neighborhoods, ranking in the stronger third (194 out of 611). Compared with neighborhoods nationwide, conditions generally align with midrange outcomes.
Recent trends are mixed: property offense rates have declined notably year over year, while violent offense measures showed a modest uptick. For investors, this combination argues for standard security and lighting enhancements and active resident engagement, rather than intensive, block-level interventions. All figures reflect neighborhood-level patterns rather than conditions specific to the property.
Nearby corporate nodes expand the commuter shed and help anchor rental demand, particularly among residents seeking short drive times to Duke Energy, Cincinnati Financial, AK Steel Holding, Humana Pharmacy Solutions, and Prudential Financial.
- Duke Energy — utilities offices (7.2 miles)
- Cincinnati Financial — insurance (9.3 miles) — HQ
- AK Steel Holding — steel manufacturing offices (11.4 miles) — HQ
- Humana Pharmacy Solutions — healthcare services (12.1 miles)
- Prudential Financial — financial services (14.1 miles)
Built in 2003, this 24-unit asset benefits from a favorable vintage relative to the neighborhood’s older housing stock, supporting competitive positioning with manageable near-term capital needs and selective value-add potential. The submarket ranks in the top quartile among 611 Cincinnati neighborhoods, with steady neighborhood occupancy and a renter-occupied share that is sufficient to sustain leasing without oversaturation. Proximity to established employers adds depth to the tenant base and supports retention.
According to CRE market data from WDSuite, neighborhood-level occupancy is healthy, local amenities are above metro median in several categories, and property crime has improved year over year. Within a 3-mile radius, recent population resilience and projected household growth point to a gradually expanding renter pool, while rising incomes and rents support disciplined revenue management. The ownership market is relatively accessible in this area, which can introduce competition with for-sale options and warrants attention to finishes, unit mix, and pricing strategy.
- 2003 vintage outperforms older neighborhood stock, with potential for targeted modernization to enhance rents
- Top-quartile neighborhood ranking in the Cincinnati metro supports durable tenant demand and occupancy stability
- Employer proximity (utilities, insurance, manufacturing, healthcare) broadens the commuter renter base and retention
- Demographic trends within 3 miles indicate a larger renter pool over time, aiding revenue management
- Risk: relatively accessible ownership market and mixed school ratings may temper pricing power without value-add execution