| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 56th | Best |
| Demographics | 66th | Good |
| Amenities | 56th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 800 Milford Vista Ln, Milford, OH, 45150, US |
| Region / Metro | Milford |
| Year of Construction | 1997 |
| Units | 48 |
| Transaction Date | 2008-04-23 |
| Transaction Price | $2,925,000 |
| Buyer | DAVIS SQUARE LLC |
| Seller | SUJUD PROPERTIES LLC |
800 Milford Vista Ln, Milford OH Multifamily Investment
Neighborhood fundamentals point to a stable tenant base, with high renter-occupied concentration and strong occupancy according to WDSuite’s CRE market data. Investors screening this submarket can focus on durable demand drivers rather than lease-up risk.
Situated in Milford’s Inner Suburb context, the neighborhood rates in the top quartile among 611 Cincinnati metro neighborhoods (A rating), signaling balanced livability and investment appeal at the submarket scale. Neighborhood metrics — not the property — indicate high occupancy and steady performance, which supports income durability for stabilized assets.
Renters are a meaningful share of occupied housing units in the neighborhood, pointing to depth in the tenant base and helping support leasing velocity. At the same time, the local rent-to-income profile suggests some affordability pressure, which investors should underwrite thoughtfully for renewal management and pricing strategies.
Amenities are competitive for a suburban node: restaurant and cafe density is strong, parks access ranks high, and grocery options are solid relative to the metro. Fewer nearby childcare and pharmacy options are noted by the data, so convenience may vary by resident needs.
Schools in the neighborhood rate favorably versus national peers (average around 4 of 5), an advantage for family-oriented renters. The property’s 1997 vintage is newer than the neighborhood’s average construction year (1970), which typically supports competitive positioning versus older stock, though systems and interiors may still benefit from targeted modernization for rent and retention upside.
Within a 3-mile radius, demographics show recent population and household growth with smaller average household sizes over time, expanding the renter pool and supporting occupancy stability. Looking ahead to 2028, projections call for further household increases in the 3-mile area, which can reinforce demand for multifamily housing if new supply remains measured.
Comparable neighborhood-level safety benchmarks were not available in this dataset. Investors typically review city and metro trend lines, police-reported statistics, and insurance loss data alongside property operations to contextualize risk and inform capex for lighting, access control, and resident experience.
Nearby employment is diversified across retail/consumer goods, healthcare, and insurance, supporting renter demand through commute convenience to Kroger, Anthem, Prudential, Procter & Gamble, and Humana Pharmacy operations.
- Kroger DCIC — retail/consumer goods offices (7.5 miles)
- Anthem Inc Mason Campus II — insurance (9.2 miles)
- Prudential Financial — financial services (10.6 miles)
- Procter & Gamble Co. — consumer products offices (12.3 miles)
- Humana Pharmacy Solutions — healthcare services (12.3 miles)
This 48-unit, 1997-vintage asset benefits from neighborhood fundamentals that favor stabilized multifamily: high occupancy at the neighborhood level, a meaningful share of renter-occupied housing, and competitive suburban amenities that support retention. According to CRE market data from WDSuite, this neighborhood ranks in the top quartile locally, aligning with durable demand while allowing for selective value-add to improve positioning versus older stock.
Within a 3-mile radius, recent increases in population and households alongside a trend toward smaller household sizes point to a larger tenant base over time. Ownership costs relative to incomes suggest many households will continue to rely on rental options, supporting occupancy stability; however, affordability pressure should be monitored in rent-setting and renewal strategies.
- Neighborhood in Cincinnati’s top quartile, supporting renter demand and occupancy stability
- 1997 vintage offers competitive positioning versus older stock with targeted modernization potential
- 3-mile area shows population and household growth, expanding the renter pool
- Suburban amenity access (dining, cafes, parks, grocery) supports retention and leasing
- Risk: affordability pressure requires careful renewal management and pricing discipline