| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 47th | Fair |
| Demographics | 46th | Fair |
| Amenities | 50th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2232 W Kemper Rd, Cincinnati, OH, 45240, US |
| Region / Metro | Cincinnati |
| Year of Construction | 1976 |
| Units | 108 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2232 W Kemper Rd Cincinnati Multifamily Investment
Neighborhood-level occupancy is currently strong and has trended upward, according to WDSuite’s CRE market data, suggesting stable renter demand in this inner-suburban pocket of Cincinnati. Insights reference neighborhood metrics, not the property.
This inner-suburban location in Hamilton County offers day-to-day convenience and durable renter demand drivers. Neighborhood data show high occupancy levels relative to the metro (a neighborhood metric, not the property), which supports lease stability for multifamily assets. Cafes and pharmacies index well versus national peers (top quartile nationally for cafes; near top decile for pharmacies), while grocery access is above the U.S. median. Park and childcare density are limited within the neighborhood, which may matter for some family-oriented renters.
Within a 3-mile radius, the share of housing units that are renter-occupied is approximately 28.7%, indicating a moderate renter concentration and a workable tenant base. Population and household counts have expanded over the past five years and are projected to continue growing, pointing to a larger tenant pool over time and supporting occupancy stability. Median contract rents in the area have risen and are forecast to advance further, which underscores the need for disciplined lease management to balance growth with retention.
The property’s 1976 vintage is older than the neighborhood’s average construction year (1994), creating a clear value-add and capital planning angle for interior updates, systems, and curb appeal. Home values in the neighborhood are relatively accessible compared with income levels, which can introduce some competition from ownership; however, this also supports consistent demand for well-managed, quality rentals. These dynamics align with commercial real estate analysis that favors assets capable of capturing renters who prioritize convenience, commute access, and professional property management.
Schools in the neighborhood rate below national norms on average, which may be a consideration for family renters; pharmacy and grocery proximity partially offsets this with everyday convenience. Overall, conditions are competitive among Cincinnati neighborhoods and near the national middle on several livability indicators, offering investors a balanced demand profile with identifiable operational levers.
Safety indicators for the neighborhood trend around the national middle. Violent offense levels are roughly near the U.S. median (national percentile about the low-50s), while property offenses sit slightly below the national median. Trend-wise, violent incidents show recent improvement, whereas property offenses ticked up year over year, signaling mixed momentum that warrants continued monitoring.
Within the Cincinnati metro context (611 neighborhoods), the area falls in the mid-range for overall crime. Interpreting metro ranks carefully, this places the neighborhood as neither a standout low-crime area nor among the highest-crime clusters locally. Investors should underwrite standard security, lighting, and access controls, and track neighborhood trendlines as part of routine risk management.
The area draws from a diversified employment base with nearby corporate offices that support commuter convenience and renter retention, including Cincinnati Financial, Duke Energy, Humana Pharmacy Solutions, Prudential Financial, and AK Steel.
- Cincinnati Financial — insurance (2.1 miles) — HQ
- Duke Energy — utilities (2.8 miles)
- Humana Pharmacy Solutions — healthcare services (6.9 miles)
- Prudential Financial — financial services (7.0 miles)
- AK Steel Holding — steel & manufacturing (7.4 miles) — HQ
With 108 units and a 1976 vintage, the asset offers scale plus a clear value-add path relative to newer neighborhood stock. Strong neighborhood-level occupancy and a growing 3-mile radius population and household base point to sustained tenant demand and potential leasing stability. According to CRE market data from WDSuite, neighborhood amenities skew favorable for daily needs (particularly pharmacies and grocery), while park and childcare availability is thinner, suggesting a focus on convenience-oriented renters.
Ownership appears relatively accessible locally, which can moderate pricing power; however, rising rents and projected renter pool expansion support a steady demand backdrop for well-operated assets. Investors should plan for capital improvements consistent with 1970s construction while leveraging proximity to major employers and inner-suburban access to drive retention.
- Neighborhood occupancy strength supports leasing stability (neighborhood metric, not property).
- 1976 vintage presents value-add and CapEx upside versus newer local stock.
- 3-mile radius population and household growth expand the tenant base.
- Amenity access favors daily needs, supporting convenience-driven renter demand.
- Risks: relatively accessible homeownership and below-average school ratings may temper pricing power; monitor property crime trends.