| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 50th | Fair |
| Demographics | 57th | Good |
| Amenities | 52nd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3444 Winchester Bend Dr, Columbus, OH, 43232, US |
| Region / Metro | Columbus |
| Year of Construction | 2011 |
| Units | 88 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3444 Winchester Bend Dr, Columbus OH Multifamily Opportunity
Neighborhood renter demand is durable with a high share of renter-occupied housing and occupancy near national norms, according to WDSuite s CRE market data. Positioning in Columbus s inner suburb supports steady leasing with room for targeted value-add.
The property sits in a B+ rated inner-suburb neighborhood that ranks above the metro median among 580 Columbus neighborhoods. Local occupancy is around the national median, and renter concentration is high, indicating a deeper tenant base for multifamily leasing rather than reliance on a thin pipeline of prospects.
Daily-needs access is a relative strength: grocery availability is strong (high national percentile) and parks and restaurants are well represented. However, cafes and pharmacies are limited, which may temper some lifestyle appeal. For investors, this mix points to practical convenience that supports retention over pure aspirational amenities.
Median contract rents in the neighborhood trail national levels, while the rent-to-income ratio trends low, reinforcing affordability for residents and potentially aiding lease renewal rates. Home values remain comparatively accessible in the area, which can introduce some competition from ownership options; pricing and amenity positioning should account for this dynamic.
Within a 3-mile radius, population and household counts have grown and are projected to continue expanding through 2028, creating a larger tenant base and supporting occupancy stability. Household sizes are edging smaller, which can favor demand for well-designed 1–2 bedroom units. These trends are based on CRE market data from WDSuite and align with steady, workforce-oriented demand.
Safety indicators for the neighborhood sit below the national median, reflecting higher crime exposure than many areas nationwide. Within the Columbus metro (580 neighborhoods), the neighborhood s positioning indicates elevated risk versus metro peers, though recent trend data shows improvement.
Property offenses declined sharply over the last year, placing the neighborhood in a top-quartile improvement cohort nationally, according to WDSuite. Violent offense rates remain comparatively elevated versus national norms, so underwriting should incorporate enhanced security, lighting, and resident engagement measures to support retention.
Nearby corporate offices anchor a diversified employment base that supports renter demand and commute convenience, including technology services, document solutions, beverage distribution, and a major electric utility HQ. These employers help stabilize leasing by broadening the pool of prospective residents.
- Avnet Services - LifeCycle Solutions — technology services (3.6 miles)
- The Xerox Company — document solutions (4.8 miles)
- Avnet Services — technology services (4.9 miles)
- Dr Pepper Snapple Group — beverage distribution (6.2 miles)
- American Electric Power — electric utility (7.5 miles) — HQ
Built in 2011, the asset is newer than the neighborhood average, offering competitive positioning versus older stock while leaving room for selective modernization as systems age. The surrounding neighborhood shows above-median standing in the Columbus metro with stable occupancy and a high share of renter-occupied units, supporting depth of the tenant base. According to CRE market data from WDSuite, local rents sit below national levels and rent-to-income is favorable, which can aid retention and steady cash flow management.
Within a 3-mile radius, population and households have grown and are projected to expand further by 2028, pointing to ongoing renter pool expansion. Daily needs are well covered by groceries and parks, while limited cafes/pharmacies suggest an operational focus on value and convenience over lifestyle. Proximity to a diversified employment base, including a major utility HQ, reinforces leasing stability, though ownership accessibility in the area warrants attention to amenities and pricing.
- 2011 vintage offers competitive edge vs. older stock with targeted modernization potential
- High renter-occupied share supports a deeper tenant base and stable leasing
- Favorable rent-to-income and below-national rents can aid retention and pricing flexibility
- Expanding 3-mile population and households through 2028 support occupancy stability
- Risk: More accessible ownership options in the area require disciplined amenity and pricing strategy