| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 39th | Fair |
| Demographics | 8th | Poor |
| Amenities | 31st | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 215 Foxfire Dr, Oxford, OH, 45056, US |
| Region / Metro | Oxford |
| Year of Construction | 1975 |
| Units | 54 |
| Transaction Date | 1986-06-01 |
| Transaction Price | $1,850,000 |
| Buyer | ALLDAIR FOX & HOUNDS LLC |
| Seller | OXFORD ASSOCIATES LP |
215 Foxfire Dr, Oxford OH Multifamily Investment
High renter concentration in the surrounding neighborhood suggests a deep tenant base, according to CRE market data from WDSuite, while the 1975 vintage points to practical value-add and modernization potential.
Neighborhood dynamics and renter demand
The area around 215 Foxfire Dr is within the Cincinnati metro and shows a high share of renter-occupied housing at the neighborhood level, indicating depth for multifamily demand. Based on WDSuite data, the neighborhood’s renter concentration ranks among the strongest in the metro, which can support leasing velocity and a consistent tenant pipeline for a 54-unit asset.
Amenity access is mixed. Restaurant density is competitive among Cincinnati neighborhoods (11 out of 611), while cafe, grocery, and park counts are thinner locally; pharmacy presence is also competitive within the metro. This mix suggests daily needs are serviceable, with dining options nearby but fewer third places and green spaces immediately adjacent.
At the neighborhood scale, overall occupancy trends are below many metro peers, underscoring the importance of proactive marketing and renewal management. Neighborhood-level median contract rents sit below national midpoints, which can sustain interest from cost-conscious renters, though pricing power may remain nuanced by local competition.
Demographics aggregated within a 3-mile radius skew heavily toward ages 18 to 34 and show modest population softening alongside a slight decline in total households over the last five years. Forward-looking projections in WDSuite point to potential household expansion even as population trends moderate, implying operational focus on unit mix, roommate-friendly layouts, and lease management to capture a larger renter pool.
The 1975 construction year signals likely opportunities to upgrade interiors, systems, and common areas. Targeted capital programs can improve positioning versus older neighborhood stock while enhancing retention and rent trade-outs.
Safety context
Relative to the Cincinnati metro, the neighborhood’s overall crime rank sits below the metro median (345 out of 611 neighborhoods), and national percentiles indicate it is less safe than many neighborhoods nationwide. For underwriting and operations, consider lighting, access control, and visible management engagement to support resident confidence and retention.
Safety conditions vary by block and evolve over time. Treat these comparative metrics as directional inputs alongside site visits and property-specific measures.
Nearby employment nodes include utilities, insurance, steel, healthcare services, and consumer goods corporate offices, supporting renter demand through diverse job access within a commutable radius.
- Duke Energy - utilities corporate offices (16.0 miles)
- Cincinnati Financial - insurance corporate offices (18.0 miles) - HQ
- AK Steel Holding - steel corporate offices (21.0 miles) - HQ
- Humana Pharmacy Solutions - healthcare services corporate offices (21.6 miles)
- Prudential Financial - financial services corporate offices (23.3 miles)
Investment thesis
This 54-unit property, built in 1975, sits in a neighborhood with one of the metro’s higher renter concentrations, reinforcing depth of tenant demand. According to CRE market data from WDSuite, neighborhood occupancy trends are softer than many metro peers, which places a premium on active leasing, renewals, and targeted upgrades to sharpen competitiveness against older local stock.
Within a 3-mile radius, the renter pool skews toward ages 18 to 34, supporting ongoing demand for smaller formats and roommate-friendly layouts. Neighborhood rents trend below national midpoints, helping sustain absorption, while value-add modernization can enhance retention and pricing. Given elevated rent-to-income conditions at the neighborhood scale, disciplined lease management and attention to affordability pressure remain important risk controls.
- High neighborhood renter concentration supports depth of demand and leasing velocity
- 1975 vintage offers clear value-add pathways to improve positioning versus older stock
- 3-mile demographics skew to 18–34, aligning with smaller units and roommate-friendly leasing
- Neighborhood rents below national midpoints can sustain interest from cost-conscious renters
- Risk: below-median neighborhood safety and softer occupancy call for strong operations and resident engagement