| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 44th | Fair |
| Demographics | 42nd | Fair |
| Amenities | 7th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3602 Todds Run Foster Rd, Williamsburg, OH, 45176, US |
| Region / Metro | Williamsburg |
| Year of Construction | 1980 |
| Units | 32 |
| Transaction Date | 1992-04-02 |
| Transaction Price | $760,000 |
| Buyer | --- |
| Seller | --- |
3602 Todds Run Foster Rd, Williamsburg Multifamily Investment
Neighborhood occupancy is among the highest in the Cincinnati metro, supporting stable tenancy and predictable leasing, according to WDSuite’s commercial real estate analysis.
This rural Clermont County location offers low-density living with limited nearby retail and services, which can appeal to renters seeking quieter settings. Neighborhood amenities score below the metro median, with few cafes, parks, or groceries in close proximity; investors should plan for convenience features on-site or emphasize access to core corridors for daily needs.
The average neighborhood building vintage skews older (mid-20th century), while this property’s 1980 construction positions it newer than much of the immediate stock. That translates to relative competitiveness versus older assets, though systems may still benefit from targeted modernization to elevate rents and retention.
Within a 3-mile radius, demographic data show population and household growth over the past five years with further increases projected, indicating a gradually expanding renter pool. Renter-occupied housing comprises roughly one-third of units in this radius, suggesting a defined but not saturated tenant base that can support occupancy stability for well-managed multifamily assets.
Home values in the area are moderate for the region, which means ownership is attainable for some households; however, rent-to-income levels remain relatively low by national standards, reinforcing lease retention while indicating measured—rather than aggressive—pricing power. Based on CRE market data from WDSuite, neighborhood occupancy ranks 1 out of 611 Cincinnati neighborhoods (top quartile nationally), underscoring durable demand signals at the neighborhood level rather than the property itself.
Safety indicators for the neighborhood are comparatively favorable: rankings place the area above many Cincinnati neighborhoods and in the top quartile nationally, with recent year-over-year declines in both violent and property offenses. These figures are neighborhood-level, not property-specific, and reflect broader trend improvement rather than a guarantee of future conditions.
Within the Cincinnati metro context (611 neighborhoods total), the neighborhood’s safety ranks translate to competitive standing, and nationally, percentiles in the 70s indicate it performs better than most neighborhoods across the country. Investors can view these trends as supportive of tenant retention and leasing stability, while still maintaining routine risk management and security best practices.
Regional employment is anchored by large corporate offices within roughly 23–26 miles, supporting a steady base of commuters that can sustain renter demand and lease retention. The list below highlights nearby employers relevant to workforce housing dynamics in this submarket.
- Anthem Inc Mason Campus II — corporate offices (23.1 miles)
- Kroger DCIC — corporate offices (23.4 miles)
- Humana — corporate offices (25.3 miles)
- Duke Energy — corporate offices (25.4 miles)
- Procter & Gamble — consumer goods (25.5 miles) — HQ
3602 Todds Run Foster Rd is a 32‑unit, 1980‑vintage multifamily asset in a low-density, rural pocket of the Cincinnati metro. Neighborhood occupancy ranks 1 out of 611 metro neighborhoods and sits in the top tier nationally, pointing to strong demand signals at the neighborhood level and potential for stable collections when paired with disciplined operations. Within a 3-mile radius, population and households have grown and are projected to continue rising, indicating gradual renter pool expansion that supports absorption and retention. According to CRE market data from WDSuite, area rent-to-income levels are relatively favorable, which can underpin lease renewals even if near-term rent growth remains measured.
The 1980 vintage is newer than much of the surrounding housing stock, offering competitive positioning versus older properties while leaving room for targeted value-add: unit interiors, common areas, and efficiency upgrades that can drive NOI without outpacing local affordability. Key considerations include the neighborhood’s limited amenity base—which may require on-site conveniences or marketing around regional access—and the rural context, which can modestly influence leasing velocity.
- Neighborhood occupancy at the top of the metro (1 of 611) supports stable tenancy
- 3-mile population and household growth signals a gradually expanding renter base
- 1980 construction offers value-add potential versus older nearby stock
- Favorable rent-to-income dynamics aid renewals and occupancy management
- Risk: limited neighborhood amenities and rural setting may temper leasing velocity