| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 56th | Best |
| Demographics | 54th | Fair |
| Amenities | 34th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 983 Kennedys Lndg, Cincinnati, OH, 45245, US |
| Region / Metro | Cincinnati |
| Year of Construction | 1999 |
| Units | 64 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
983 Kennedys Lndg Cincinnati Multifamily Investment Opportunity
Neighborhood occupancy remains high and stable, supporting income durability for a 64-unit asset, according to WDSuite s CRE market data. These metrics reflect the surrounding neighborhood, not the property, and point to steady renter demand rather than outsized volatility from cycle swings.
Located in a suburban pocket of the Cincinnati, OH-KY-IN metro, the neighborhood posts strong occupancy and family-oriented fundamentals. Neighborhood occupancy is in the top quartile nationally and above the metro median (rank 133 of 611; 90th percentile), signaling steady leasing conditions for nearby multifamily properties.
Schools rate well for the metro (rank 43 of 611; 84th percentile nationally), which can aid retention for family renters. Park access is competitive for the region (rank 140 of 611; 70th percentile), while retail density is thinner caf 9, grocery, and pharmacy counts rank at the bottom of metro comparisons which suggests residents rely on broader trade areas for daily needs.
Within a 3-mile radius, demographics indicate a growing tenant base: population has expanded in recent years and households increased, with forecasts pointing to further gains by 2028. A renter-occupied share of roughly 40% supports depth of demand for multifamily, while a rent-to-income ratio near 0.13 implies manageable affordability pressure that can support lease retention and measured pricing power.
Home values in the neighborhood sit below many coastal markets, and median household incomes rank above the national middle (62nd percentile). For investors, this combination suggests balanced demand: ownership is attainable for some households, but income levels and occupancy stability help sustain renter reliance on multifamily housing.
Current WDSuite coverage does not include neighborhood-level crime rankings for this location. Investors typically benchmark local safety using metro and citywide trend data, paired with property-level measures (lighting, access control, and management presence) to assess resident experience and retention risk.
Commuters here tap into Cincinnati s core employment base, with established corporate offices within roughly 12 14 miles that help support renter demand and retention. The list includes Kroger DCIC, Humana, Procter & Gamble, Western & Southern Financial Group, and American Financial Group.
- Kroger DCIC corporate offices (12.6 miles)
- Humana corporate offices (13.0 miles)
- Procter & Gamble consumer goods HQ operations (13.2 miles) HQ
- Western & Southern Financial Group financial services (13.3 miles) HQ
- American Financial Group insurance (13.3 miles) HQ
This 64-unit 1999-vintage asset is relatively newer than the neighborhood s average stock (mid-1980s), offering competitive positioning versus older buildings while still warranting routine system updates over the hold. Occupancy in the surrounding neighborhood is strong top quartile nationally which supports cash flow durability; based on CRE market data from WDSuite, stability has trended favorably in recent years.
Within a 3-mile radius, households have grown and are projected to rise further by 2028, indicating a larger tenant base over time. A renter-occupied share around 40% and a rent-to-income ratio near 0.13 suggest a broad pool of prospective renters and manageable affordability pressure that can aid lease retention. Balanced ownership costs may introduce some competition from for-sale housing, but income levels and school quality help sustain multifamily demand.
- 1999 vintage provides relative competitiveness versus older local stock, with targeted CapEx or modernization upside
- Neighborhood occupancy in the top quartile nationally supports income stability
- 3-mile household growth and projected gains expand the tenant base and support leasing
- Rent-to-income near 0.13 indicates manageable affordability pressure and retention potential
- Risks: thinner nearby retail amenities and attainable homeownership could temper rent growth in certain vintages