| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 52nd | Good |
| Demographics | 49th | Fair |
| Amenities | 69th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1757 Culver Ct, Amelia, OH, 45102, US |
| Region / Metro | Amelia |
| Year of Construction | 1979 |
| Units | 24 |
| Transaction Date | 2004-04-26 |
| Transaction Price | $3,742,200 |
| Buyer | CROWN CROSSING LLC |
| Seller | A R III LTD |
1757 Culver Ct, Amelia OH — Value‑Add Multifamily Opportunity
Neighborhood-level occupancy is solid and renter demand is supported by inner-suburban fundamentals, according to WDSuite’s CRE market data. With a 1979 vintage, the property skews older than nearby stock, pointing to potential renovation upside alongside stable leasing conditions.
This Inner Suburb location in Amelia sits within a neighborhood rated A and ranked 87 among 611 Cincinnati metro neighborhoods, indicating competitive positioning within the metro for investors evaluating multifamily comparables. Daily-needs access is favorable, with amenities, groceries, parks, and pharmacies generally above national medians, translating into convenient livability that can support resident retention.
Occupancy in the neighborhood is roughly mid‑90s and above the national median (74th percentile), a positive indicator for lease stability in this submarket. Median contract rents in the neighborhood track in the upper half nationally (66th percentile), suggesting room for disciplined revenue management without departing from local market norms.
The property’s 1979 construction is older than the neighborhood’s average 1991 vintage, which points to foreseeable capital planning needs. For investors, that age gap can also create value‑add pathways through unit renovations and systems modernization to improve competitiveness versus newer stock.
Tenure patterns reinforce a meaningful renter base: the neighborhood shows a higher renter‑occupied share (81st percentile nationally), indicating depth for multifamily leasing. Within a 3‑mile radius, demographics show population growth and an increase in households, with forecasts pointing to continued household expansion and a rising renter share by 2028—signals that support demand durability for market‑rate apartments.
Home values in the area are lower than national averages, which can introduce some competition from ownership options; however, rent levels and a moderate rent‑to‑income environment help sustain the appeal of professionally managed rentals. For investors, this implies attention to finishes, amenities, and service quality to maintain pricing power and lease retention.
Safety indicators compare near the middle of the Cincinnati metro, with the neighborhood’s crime ranking 242 out of 611 neighborhoods. Nationally, overall safety sits below the midpoint (43rd percentile), but recent data show property offenses trending down year over year, a constructive signal for perceived safety.
Violent offense metrics are below the national median (39th percentile) and have seen a recent uptick, which investors should monitor as part of ongoing risk assessment. Taken together, the neighborhood reflects mixed but manageable safety dynamics—neither a clear outlier nor a top performer—best evaluated alongside on‑site security measures and resident feedback.
Proximity to major Cincinnati employers supports a broad commuter tenant base, with convenient access to corporate offices across consumer goods, finance, energy, and retail—drivers that can aid leasing velocity and retention for workforce households.
- Duke Energy — energy services (16.5 miles)
- Western & Southern Financial Group — financial services (17.1 miles) — HQ
- Procter & Gamble — consumer goods (17.1 miles) — HQ
- American Financial Group — insurance (17.1 miles) — HQ
- Humana — healthcare services (17.1 miles)
1757 Culver Ct offers a 24‑unit, 1979‑vintage asset in an A‑rated Amelia neighborhood that ranks competitively within the Cincinnati metro. Neighborhood occupancy sits in the mid‑90s and above the national median, and rents benchmark in the upper half nationally—conditions that support steady collections with prudent lease management. According to commercial real estate analysis from WDSuite, the area’s renter concentration is higher than average for the neighborhood, while the 3‑mile radius shows population growth and a projected increase in households, expanding the tenant base over the next several years.
The property’s older vintage relative to nearby stock implies targeted capital planning, but also creates a clear value‑add path through interior updates and operational improvements. With homeownership relatively more accessible here than in high‑cost metros, thoughtful positioning on finishes and services can differentiate the asset and sustain pricing power without overextending affordability, supporting durable occupancy.
- Stable neighborhood occupancy with rents in the upper half nationally supports consistent leasing
- 1979 vintage provides value‑add upside via renovations and systems modernization
- Growing 3‑mile population and households expand the renter pool, aiding demand durability
- Proximity to diverse Cincinnati employers underpins workforce renter demand and retention
- Risks: mixed but manageable safety trends and potential competition from ownership options