| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 58th | Good |
| Demographics | 67th | Good |
| Amenities | 28th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3444 Tivoli Ct, Columbus, OH, 43230, US |
| Region / Metro | Columbus |
| Year of Construction | 1986 |
| Units | 112 |
| Transaction Date | 2012-06-14 |
| Transaction Price | $4,620,000 |
| Buyer | Woodside Core LLC |
| Seller | Smith Tandy Realty Management, Inc |
3444 Tivoli Ct Columbus Multifamily Investment Opportunity
Neighborhood occupancy trends are elevated and have held firm relative to the metro, according to WDSuite’s CRE market data, supporting durable income visibility. Renter demand is reinforced by a sizeable nearby workforce and household growth in the surrounding area.
This Inner Suburb location in Columbus balances access and stability for multifamily investors. Neighborhood occupancy is competitive among Columbus neighborhoods (top quartile locally) and in the top decile nationally, a backdrop that typically supports steady lease-up and retention. Median household incomes benchmark above national norms, while the rent-to-income profile indicates manageable affordability pressure, which can help sustain renewal rates.
Within a 3-mile radius, demographics point to a larger tenant base over time: population and households have grown in recent years, with projections indicating additional increases over the next five years. A meaningful share of housing units in this radius are renter-occupied, signaling a deep pool of potential tenants and demand resilience for a 112-unit asset.
Local amenities are mixed. Park and cafe density rank in the top quartile among the 580 Columbus metro neighborhoods, adding day-to-day convenience and livability. Grocery and pharmacy density is thinner in the immediate area, so residents may rely on short drives for errands—an operational consideration for marketing and unit positioning rather than a structural demand constraint.
Home values in the neighborhood sit modestly above national medians. For investors, this high-cost ownership context relative to local incomes tends to reinforce renter reliance on multifamily housing, supporting occupancy stability and giving well-positioned properties measured pricing power without overextending affordability.
Safety indicators for the neighborhood track around the Columbus metro median and below the national median. Recent data show a year-over-year uptick in reported violent offenses alongside moderate property crime levels, suggesting investors should underwrite prudent security measures and tenant communication protocols typical for inner-suburban assets.
Positioning the property with appropriate lighting, access control, and coordination with community resources can help maintain leasing momentum while aligning expectations with the broader inner-suburban trendline rather than block-level assumptions.
Proximity to major employers underpins commuter convenience and supports a steady renter pipeline. The immediate employment base includes corporate headquarters and regional offices across retail, utilities, consumer goods, and distribution, which align with workforce housing demand in this submarket.
- L Brands — retail HQ/corporate (0.8 miles) — HQ
- Wesco Distribution — industrial distribution (2.3 miles)
- Dr Pepper Snapple Group — consumer beverages (3.7 miles)
- Nationwide — insurance & financial services (7.5 miles) — HQ
- American Electric Power — utilities (7.8 miles) — HQ
The property benefits from strong neighborhood occupancy performance and a deepening renter pool supported by nearby employment centers. According to CRE market data from WDSuite, the area’s occupancy stands in the top tier locally and well above national norms, while rent-to-income levels remain moderate—conditions that favor renewal stability for well-operated assets.
Household and income growth within a 3-mile radius, coupled with high-cost ownership relative to incomes, points to durable multifamily demand. Amenity access is favorable for parks and cafes, though thinner grocery/pharmacy density suggests marketing should emphasize convenient driving access and on-site amenities to sustain leasing velocity.
- High neighborhood occupancy supports income durability and stable lease-ups
- Expanding 3-mile renter base and rising incomes underpin demand
- Nearby headquarters and regional employers reinforce commuter-driven tenancy
- Ownership costs elevate renter reliance, aiding pricing power for positioned units
- Risks: thinner grocery/pharmacy density and recent safety upticks warrant prudent operations