| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 46th | Fair |
| Demographics | 35th | Poor |
| Amenities | 39th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1829 Losantiville Ave, Cincinnati, OH, 45237, US |
| Region / Metro | Cincinnati |
| Year of Construction | 1978 |
| Units | 102 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1829 Losantiville Ave Cincinnati Multifamily Investment
High renter concentration and proximity to major employers point to durable tenant demand, according to WDSuite’s CRE market data. The asset’s mid-size scale supports operational efficiency while keeping exposure manageable for value-add execution.
Located in an Inner Suburb of Cincinnati, the neighborhood carries a B- rating and trends around the national middle on occupancy, with stability over the past five years. Renter-occupied share ranks 35th out of 611 metro neighborhoods, indicating a deep tenant base for multifamily leasing and renewals. Median contract rents in the neighborhood sit below national norms, which can support retention, though pricing strategies should account for local income levels that trail national benchmarks.
Daily-needs access is a relative strength: grocery density ranks 28th among 611 Cincinnati-area neighborhoods and sits in the upper tiers nationally, while restaurants are competitive locally. By contrast, park, pharmacy, and cafe density rank near the bottom of the metro, so on-site amenities and services can be a differentiator. Average school ratings trend low versus metro and national comparisons, suggesting investors should emphasize property-level safety, service, and resident experience in the value proposition.
Demographic statistics are aggregated within a 3-mile radius. The area has posted modest population growth and a recent increase in households, with forecasts pointing to further household expansion and smaller average household sizes, which together signal a larger renter pool and support for occupancy stability. Home values remain lower than national medians, but the higher value-to-income profile compared with many markets suggests that ownership can still be a higher commitment for some households, reinforcing multifamily demand.
The property’s 1978 vintage is newer than much of the surrounding housing stock (average construction year skews earlier), providing a competitive positioning window versus older buildings while leaving room for targeted renovations to capture additional rent. For investors prioritizing multifamily property research, these neighborhood dynamics indicate steady demand fundamentals with selective upside via operational and physical improvements, based on CRE market data from WDSuite.
Safety indicators for the immediate neighborhood trend below national percentiles, with the area performing below the metro median among Cincinnati neighborhoods. This suggests investors should underwrite prudent security measures, resident communication, and lighting/camera upgrades as part of retention and leasing strategy.
Comparatively higher property and violent offense rates versus national norms call for thoughtful on-site management and partnerships with local resources. Trend awareness and asset-level controls can mitigate impact on leasing velocity and renewal performance, especially when combined with competitive unit finishes and well-managed common areas.
The nearby employment base blends corporate offices and retail headquarters that support renter demand through short commutes and varied wage tiers. The following employers anchor the area’s workforce and are within a manageable radius for residents: Procter & Gamble Co., Kroger DCIC, Prudential Financial, Humana, and Kroger.
- Procter & Gamble Co. — corporate offices (2.6 miles)
- Kroger DCIC — corporate offices (5.0 miles)
- Prudential Financial — financial services (5.2 miles)
- Humana — health insurance (5.6 miles)
- Kroger — grocery retail (6.6 miles) — HQ
With 102 units averaging roughly 700 square feet, the asset offers scale for professional management while remaining nimble for phased renovations. Built in 1978, it is newer than much of the surrounding housing stock, positioning it competitively versus older product and allowing targeted upgrades to lift rents and resident experience without a full repositioning.
Household growth within a 3-mile radius and a high neighborhood renter concentration (35th of 611 metro neighborhoods) point to depth in the tenant base and support for occupancy stability. According to WDSuite’s commercial real estate analysis, neighborhood rents remain comparatively accessible while ownership costs and incomes create a mixed affordability profile—supporting retention but requiring careful pricing and expense control. Nearby corporate employers further reinforce leasing demand, while below-median safety and lower school ratings are underwriting considerations.
- Newer-than-local-stock 1978 vintage provides competitive positioning and value-add potential
- High renter concentration (35th of 611 metro neighborhoods) supports leasing depth
- Household expansion within 3 miles and proximity to major employers bolster demand
- Accessible neighborhood rents aid retention; disciplined upgrades can target rent lift
- Risks: below-median safety and low school ratings require active management and security planning