| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 55th | Good |
| Demographics | 77th | Best |
| Amenities | 24th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 8619 Gold Leaf Ln, Dublin, OH, 43016, US |
| Region / Metro | Dublin |
| Year of Construction | 1989 |
| Units | 108 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
8619 Gold Leaf Ln Dublin Multifamily Investment
Neighborhood occupancy trends are strong and competitive within the Columbus metro, according to WDSuite’s CRE market data, pointing to durable renter demand around this address. For investors, that stability supports consistent leasing while allowing selective value-add plays.
Dublin’s Inner Suburb location offers suburban livability with proximity to major employment, while neighborhood amenities are mixed. School quality is a relative strength, sitting in the top quartile nationally, and the area’s overall neighborhood rating is competitive among Columbus neighborhoods (ranked 175 of 580). Restaurant access is solid compared with peers, though day-to-day amenities like parks, grocery, and cafes are thinner locally, which may modestly influence walkable appeal.
From an income and housing perspective, neighborhood home values are elevated versus many Midwest suburbs, and median household incomes trend well above national norms. That high-cost ownership market can sustain renter reliance on multifamily housing, supporting pricing power for well-positioned assets. The neighborhood’s rent-to-income ratio indicates relatively low affordability pressure compared with national averages, which can aid retention and renewal management.
Multifamily fundamentals are a highlight: neighborhood occupancy is in the top quartile nationally and competitive among 580 Columbus neighborhoods, signaling steady absorption and reduced downtime risk for stabilized assets. The renter-occupied share is modest (about one-fifth of housing units are renter-occupied), indicating an owner-leaning area where multifamily serves a targeted but durable tenant base rather than a saturated rental corridor.
Demographic momentum within a 3-mile radius underscores demand durability. Households have increased over the past five years, with further household growth projected, pointing to a larger tenant base and support for occupancy stability. Income growth within this radius has been substantial, broadening the pool of renters able to support market-rate rents. These dynamics, based on CRE market data from WDSuite, align with sustained leasing and measured rent growth potential for quality assets.
Safety indicators for the neighborhood are mixed in a national context. Overall crime benchmarks sit below the national median for safety (national percentile near the lower quartiles), while metro-relative positioning is mid-pack among Columbus neighborhoods (ranked against 580 neighborhoods). Conditions can vary within small areas, and investors should evaluate property- and block-level patterns over time rather than single-year snapshots.
Recent trend signals suggest year-over-year increases in estimated violent incident rates, while property offense levels are closer to national mid-range. For underwriting, prudent measures include verifying recent police reports, assessing lighting and access control, and aligning security enhancements with resident expectations to support retention and asset performance.
Proximity to large employers strengthens the local renter base by shortening commutes for professionals and supporting lease retention. Nearby demand drivers include Cardinal Health’s corporate campus and innovation arm, plus regional retail headquarters such as L Brands and Big Lots.
- Cardinal Health — healthcare distribution (2.3 miles) — HQ
- Fuse by Cardinal Health — innovation/tech lab (2.4 miles)
- Cardinal Health — corporate offices (2.6 miles)
- L Brands — retail/apparel (11.5 miles) — HQ
- Big Lots — discount retail (12.0 miles) — HQ
8619 Gold Leaf Ln sits in a Columbus-area neighborhood where occupancy is competitive locally and in the top quartile nationally, supporting stable cash flow assumptions for well-run assets. The area’s high household incomes and elevated home values reinforce renter reliance on quality multifamily, while the neighborhood’s rent-to-income profile suggests manageable affordability pressure that can aid renewals and limit concessions. Within a 3-mile radius, population and households have grown, with further household expansion projected, indicating a larger tenant base and support for sustained leasing velocity, based on CRE market data from WDSuite.
Built in 1989, the property is slightly newer than the neighborhood’s average vintage, offering an opportunity to compete effectively against older stock while still leaving room for selective modernization or value-add upgrades to capture premium demand. Amenity density is thinner for some daily-needs categories, so on-site offerings and resident experience can be differentiators. Underwriting should also account for mixed safety readings by emphasizing lighting, access control, and community standards to support retention.
- Competitive neighborhood occupancy supports cash flow stability and reduced downtime.
- High incomes and elevated ownership costs reinforce sustained multifamily demand and pricing power.
- 1989 vintage allows strategic value-add and modernization to outperform older comparables.
- 3-mile household growth and rising incomes expand the qualified renter pool, supporting lease-up and renewals.
- Risks: thinner off-site amenities and mixed safety signals require active asset management and targeted capex.