| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 46th | Fair |
| Demographics | 31st | Poor |
| Amenities | 55th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1631 Jackson Ln, Middletown, OH, 45044, US |
| Region / Metro | Middletown |
| Year of Construction | 1981 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1631 Jackson Ln, Middletown OH Multifamily Investment
According to WDSuite’s CRE market data, the surrounding neighborhood shows a high share of renter-occupied housing and steady occupancy, pointing to durable renter demand even as amenities skew toward daily needs over lifestyle destinations.
Located in Middletown within the Cincinnati metro, the area around 1631 Jackson Ln tilts toward everyday convenience: grocery and pharmacy access rank competitively among the metro’s 611 neighborhoods, while restaurants are solidly represented; cafes and parks are limited. On balance, amenity breadth is competitive among Cincinnati neighborhoods (amenity rank 90 of 611) and roughly mid-pack nationally, which generally supports leasing for workforce renters seeking practical proximity.
Neighborhood occupancy is steady, with rates indicating a stable tenant base rather than peak tightness. Importantly, the share of renter-occupied housing units is elevated (56.4%; 92nd percentile nationally), signaling depth in the renter pool and helping support leasing resilience through cycles, based on CRE market data from WDSuite.
The property was built in 1981, slightly newer than the neighborhood’s average vintage (late 1970s). For investors, this typically implies competitive positioning versus older stock, while still planning for capital projects associated with 1980s systems and finishes—creating potential value-add pathways through selective modernization.
Demographic statistics aggregated within a 3-mile radius indicate modest population softness in recent years but an increase in households, which expands the addressable renter base. Forward-looking projections point to household and population growth over the next five years, which would support occupancy stability and lease-up velocity if realized.
Ownership costs in this area are relatively accessible by national standards, which can introduce competition from entry-level ownership. However, rent-to-income levels are manageable locally, suggesting affordability pressure is contained and aiding retention for well-managed assets.
Safety signals are mixed and should be monitored. Current estimated offense rates benchmark favorably in a national context—both property and violent offense rates score in higher national percentiles (safer end of the spectrum) and rank top quartile among the Cincinnati metro’s 611 neighborhoods for lower incident levels. However, one-year change indicators have moved unfavorably, indicating recent volatility that warrants ongoing tracking and proactive property management.
The employment base features nearby metals, insurance/financial services, healthcare services, and utilities operations, supporting renter demand through diversified commutes to large employers.
- AK Steel Holding — steel manufacturing (12.2 miles) — HQ
- Anthem Inc Mason Campus II — insurance (13.5 miles)
- Humana Pharmacy Solutions — healthcare services (13.5 miles)
- Duke Energy — utilities offices (14.5 miles)
- Cincinnati Financial — insurance (15.5 miles) — HQ
This 24-unit 1981-vintage asset sits in a renter-heavy Middletown neighborhood with practical daily amenities and steady occupancy, offering an operational base that supports consistent leasing. The vintage allows for targeted value-add—modernizing interiors, common areas, and building systems—to enhance competitiveness relative to older stock while maintaining a workforce-oriented rent position.
Demographic data aggregated within a 3-mile radius shows household growth despite prior population softness, with projections indicating further expansion—favorable for a larger tenant base and lease retention if trends materialize. According to CRE market data from WDSuite, the neighborhood’s renter concentration is high and current safety benchmarks are comparatively favorable, though recent crime-rate volatility and accessible ownership options remain variables to underwrite carefully.
- Renter-heavy neighborhood supports tenant depth and occupancy stability
- 1981 vintage enables value-add through selective system upgrades and interior refresh
- Daily-needs amenities (grocery/pharmacy) and diversified nearby employers aid leasing durability
- Household growth within 3 miles points to a growing renter pool over the medium term
- Risks: recent safety trend volatility and competition from relatively accessible ownership options