| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 61st | Best |
| Demographics | 87th | Best |
| Amenities | 61st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3781 Eastern Hills Ln, Cincinnati, OH, 45209, US |
| Region / Metro | Cincinnati |
| Year of Construction | 1983 |
| Units | 109 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3781 Eastern Hills Ln Cincinnati Multifamily Investment
Renter demand is supported by a high renter-occupied share and amenity access in an Inner Suburb setting, according to WDSuite’s CRE market data. Neighborhood occupancy trends sit near metro norms, suggesting stable leasing with selective pricing power.
This Inner Suburb neighborhood ranks 14 out of 611 Cincinnati-area neighborhoods, indicating it is competitive among Cincinnati neighborhoods for overall livability and investment fundamentals. Amenity access is a strength: cafes and restaurants score in high national percentiles, while pharmacies are also abundant, supporting daily convenience for residents and reducing friction for leasing and renewals.
The local housing stock skews older than the property-level vintage; neighborhood construction averages from the 1940s while the subject asset was built in 1983. For investors, a 1980s vintage often competes well against pre-war stock, with potential to capture demand via targeted modernization and operational upgrades while planning for mid-life systems and exterior improvements.
Multifamily demand depth is reinforced by a renter-occupied share that sits in the top quartile among 611 metro neighborhoods. Neighborhood occupancy is around the national mid-range, which points to steady absorption potential without requiring outsized concessions in typical cycles. Median contract rents in the neighborhood have risen over the past five years, and rent-to-income levels remain near national mid-range, balancing pricing power with retention management.
Within a 3-mile radius, demographics show modest population softness recently, but households are essentially steady with projections for an increase and smaller average household sizes. That pattern generally expands the renter pool and supports occupancy stability for well-managed assets. Elevated home values relative to incomes in the neighborhood and metro context can sustain reliance on multifamily housing, supporting demand for professionally managed units.
Safety conditions should be evaluated carefully. The neighborhood’s crime profile trends below national averages for safety, with ranks such as 389 out of 611 metro neighborhoods indicating weaker relative performance than the Cincinnati median. Nationally benchmarked indicators place the area in lower percentiles for safety compared to neighborhoods nationwide.
Recent trends show year-over-year increases in reported offenses, including property and violent categories. For underwriting, investors typically account for enhanced security measures, lighting, access controls, and resident engagement to support retention and asset performance. As always, review the most recent local data and property-level incident reports to refine risk assumptions.
Proximity to major employers supports commuter convenience and renter retention. The immediate employment base includes healthcare, consumer goods, financial services, and technology offices noted below.
- Humana — healthcare services (4.5 miles)
- Procter & Gamble — consumer goods (5.3 miles) — HQ
- Hp — technology offices (5.4 miles)
- Western & Southern Financial Group — financial services (5.4 miles) — HQ
- American Financial Group — financial services (5.5 miles) — HQ
Built in 1983, the property competes against an older neighborhood housing base, offering a practical platform for value-add renovations and operational improvements. Neighborhood occupancy sits near national mid-range, while the renter-occupied share is in the top quartile locally, signaling a deep tenant base. Elevated home values relative to incomes tend to sustain reliance on rentals, and amenity density (cafes, restaurants, pharmacies) supports resident satisfaction and lease renewal prospects. According to CRE market data from WDSuite, these dynamics align with steady leasing fundamentals rather than outsized volatility.
Within a 3-mile radius, households are projected to increase even as average household size edges lower, which typically expands the renter pool and supports absorption. Investor focus should include capital planning for 1980s-era systems, thoughtful unit modernization, and security enhancements calibrated to neighborhood trends.
- 1983 vintage offers value-add potential versus older neighborhood stock
- Deep renter base (top quartile locally) supports demand and occupancy
- Amenity-rich area underpins leasing, renewals, and resident satisfaction
- Household growth within 3 miles points to a larger tenant pool over time
- Risk: below-average safety metrics require security plans and expense allowances