| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 61st | Best |
| Demographics | 87th | Best |
| Amenities | 61st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3751 Eastern Hills Ln, Cincinnati, OH, 45209, US |
| Region / Metro | Cincinnati |
| Year of Construction | 1983 |
| Units | 108 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3751 Eastern Hills Ln Cincinnati 108-Unit Multifamily
Renter concentration is high for the neighborhood and ownership remains a high-cost path locally, supporting durable apartment demand, according to WDSuite’s CRE market data. Amenities and incomes are solid for Cincinnati’s inner suburbs, while occupancy trends sit around national norms.
This Inner Suburb location scores competitively within the Cincinnati metro, ranking 14 out of 611 neighborhoods, and sits in the top quartile nationally for overall demographics. The immediate area offers a dense amenity mix for daily needs and lifestyle—restaurants and pharmacies are abundant, and grocery access is strong—supporting renter convenience and lease retention. Park access and licensed childcare are more limited nearby, which may modestly narrow family-oriented appeal but is less critical for studios and smaller formats.
The property was built in 1983, materially newer than the neighborhood’s older housing stock (average vintage 1941). For investors, that positioning can enhance competitiveness versus nearby legacy assets, though planning for modernization of systems and finishes remains prudent given the asset’s age.
Tenure patterns indicate depth for rentals: the neighborhood shows a renter-occupied share of housing units near 53%, placing it in a high national percentile. In investor terms, this points to a sizable tenant base and supports demand stability for smaller units, while rent-to-income remains around national medians—favorable for retention and ongoing leasing.
Demographic statistics within a 3-mile radius show a modest population dip in recent years alongside slightly smaller household sizes, yet forward-looking projections point to population growth and a notable increase in households. That combination typically expands the renter pool and supports occupancy stability, particularly for well-located, smaller unit product where pricing remains accessible relative to ownership.
Safety metrics for the surrounding neighborhood trend weaker than national benchmarks. The area’s crime ranking sits at 389th out of 611 Cincinnati metro neighborhoods, and national percentiles indicate lower relative safety (particularly for violent offenses), suggesting investors should underwrite for enhanced on-site security, lighting, and access controls.
Recent data also indicate a year-over-year uptick in estimated property and violent offenses. While conditions can vary by block and property operations, prudent measures—such as camera coverage, secure entries, and coordination with local patrols—can mitigate risk and support resident retention.
Proximity to a diversified set of corporate offices supports renter demand through short commutes and stable white-collar employment, including healthcare, consumer goods, technology, and financial services represented below.
- Humana — healthcare services (4.5 miles)
- Procter & Gamble — consumer goods HQ (5.3 miles) — HQ
- HP — technology offices (5.4 miles)
- Western & Southern Financial Group — insurance & financial services (5.4 miles) — HQ
- American Financial Group — insurance & financial services (5.5 miles) — HQ
Eastern Hills offers a strong renter ecosystem and daily-needs accessibility, supported by abundant restaurants, groceries, and pharmacies. The neighborhood’s renter-occupied share is high, reinforcing depth of tenant demand, while home values and value-to-income levels signal a high-cost ownership market that tends to sustain multifamily reliance. According to CRE market data from WDSuite, occupancy in the surrounding neighborhood tracks near national norms, suggesting stable baseline demand with upside tied to product quality and operations.
Constructed in 1983, the 108-unit property is newer than much of the local housing stock, which can translate into competitive positioning versus older comparables. Within a 3-mile radius, population is projected to grow with an even faster increase in households, implying a larger tenant base and support for leasing velocity; pairing light upgrades with disciplined lease management should capture this demand. Key watch items include safety, modest recent softness in neighborhood occupancy trends, and limited nearby parks/childcare for family renters.
- High renter concentration and elevated ownership costs support durable multifamily demand
- 1983 vintage offers competitive edge versus older neighborhood stock with targeted modernization
- Amenity-rich setting (food, grocery, pharmacy) supports retention and lease-up
- 3-mile outlook shows household growth, expanding the renter pool and supporting occupancy
- Risks: below-average safety metrics, slight occupancy softening, and limited parks/childcare nearby