| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 52nd | Good |
| Demographics | 49th | Fair |
| Amenities | 69th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1748 Culver Ct, Amelia, OH, 45102, US |
| Region / Metro | Amelia |
| Year of Construction | 1979 |
| Units | 72 |
| Transaction Date | 1996-01-10 |
| Transaction Price | $2,200,000 |
| Buyer | CROWN CROSSING LLC |
| Seller | NAUSE GERALD D |
1748 Culver Ct Amelia 72-Unit Multifamily Opportunity
Neighborhood-level occupancy has held in the mid-90s, according to WDSuite’s CRE market data, indicating durable leasing conditions for workforce-oriented rentals in Amelia, Ohio.
The property sits in an Inner Suburb of the Cincinnati metro (Amelia, Clermont County) with a neighborhood rating of A and a rank of 87 among 611 metro neighborhoods—placing it in the top quartile locally for overall fundamentals, based on CRE market data from WDSuite. Neighborhood occupancy trends are also strong, with performance tracking in the top quartile nationally, a positive signal for cash-flow stability.
Amenity access is better than the national median, with groceries, parks, pharmacies, and cafes scoring above-average national percentiles. This mix supports daily convenience for residents and can aid retention. While average school ratings are not available in this dataset, the surrounding family-oriented suburb structure generally aligns with the larger household sizes typical of the metro’s inner suburbs.
The building’s vintage is 1979, compared with a neighborhood average construction year of 1991. The older vintage suggests planning for capital improvements and targeted renovations, which can unlock value-add potential and help the asset compete against newer stock.
Tenure metrics point to a deeper renter pool than the national norm at the neighborhood level, with renter-occupied share elevated versus U.S. averages. Within a 3-mile radius, population and household counts have expanded and are projected to continue growing over the next five years, supporting a larger tenant base. Median contract rents are near the national middle, and rent-to-income dynamics appear manageable, which can support lease retention while implying measured pricing power.
Home values in the area trend below national medians, which may introduce some competition from entry-level ownership. For multifamily investors, that typically favors a focus on quality, convenience, and professionally managed operations to sustain demand and limit move-outs to ownership.
Safety indicators for the neighborhood are mixed relative to national benchmarks. The neighborhood’s crime rank is in the lower half of the Cincinnati metro (ranked 242 out of 611 neighborhoods), and national percentiles for violent and property offenses sit below the national median, indicating comparatively higher incident rates than many U.S. neighborhoods.
That said, WDSuite data shows property offenses have declined year over year in this area, suggesting an improving trend. Investors typically account for these dynamics through security enhancements, lighting, and resident screening, which can support leasing performance without over-relying on block-level assumptions.
Proximity to major Cincinnati employers underpins renter demand, with commuting access to utilities, financial services, consumer goods, and banking offices that support a broad workforce tenant base.
- Duke Energy — utilities (16.5 miles)
- Western & Southern Financial Group — financial services (17.0 miles) — HQ
- Procter & Gamble — consumer goods (17.0 miles) — HQ
- American Financial Group — insurance (17.0 miles) — HQ
- Fifth Third Bancorp — banking (17.3 miles) — HQ
This 72-unit 1979 asset in Amelia benefits from neighborhood fundamentals that rank in the top quartile among 611 Cincinnati metro neighborhoods, with occupancy trends that have remained resilient. Within a 3-mile radius, population and household growth—alongside a projected increase in higher-income cohorts—point to ongoing renter pool expansion that can support leasing stability. According to WDSuite’s commercial real estate analysis, median rents sit near national midpoints and rent-to-income levels appear manageable, favoring retention with measured pricing power.
The older vintage versus the neighborhood’s early-1990s average suggests value-add potential through targeted renovations and systems updates to enhance competitiveness. While ownership costs are relatively accessible in this area—creating some competition with entry-level homebuying—steady demand drivers, commute access to major employers, and improving property-crime trends help underpin long-term performance assumptions. Prudent capital planning and asset management remain important given vintage and local safety positioning.
- Top-quartile neighborhood rank within the Cincinnati metro with stable occupancy trends
- 3-mile population and household growth support a larger tenant base and leasing stability
- 1979 vintage offers value-add potential via unit upgrades and system improvements
- Near-national-median rents and manageable rent-to-income aid retention; pricing power likely measured
- Risks: safety below national median and competition from ownership; mitigated by improving trends and proactive management