| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 68th | Best |
| Demographics | 81st | Best |
| Amenities | 66th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 7885 Beechmont Ave, Cincinnati, OH, 45255, US |
| Region / Metro | Cincinnati |
| Year of Construction | 1974 |
| Units | 69 |
| Transaction Date | 2004-05-01 |
| Transaction Price | $2,646,500 |
| Buyer | Anderson Square Apartments, LLC |
| Seller | Beechview Associates, Ltd. |
7885 Beechmont Ave Cincinnati Multifamily Investment
Neighborhood-level occupancy is exceptionally tight, supporting income stability and lease retention, according to WDSuite’s CRE market data. With solid household incomes and an inner-suburb location, the asset’s demand drivers skew toward durable renter profiles rather than transient tenancy.
The property sits in an Inner Suburb of Cincinnati (Hamilton County) where neighborhood fundamentals are strong relative to the metro. The area’s overall neighborhood rating is A+ with a rank of 9 out of 611 Cincinnati neighborhoods, placing it among the more competitive local sub-areas for multifamily. Neighborhood occupancy is at the top of the metro (ranked 1 of 611), indicating limited vacant stock and supporting rent roll stability for well-positioned assets.
Daily-life amenities skew toward services and dining rather than groceries within the immediate neighborhood. Cafes and childcare density are high versus national peers (both in the 80s by national percentile), while parks and pharmacies are also above national averages. Grocery presence within the neighborhood is light, so residents likely rely on nearby corridors beyond the immediate boundary for full-service options.
Schools are a relative strength, with an average rating around 4.5 out of 5 and a rank of 36 among 611 metro neighborhoods, which is top quartile nationally. This can improve family renter stickiness and help sustain occupancy through cycles. Median home values are elevated for the region, which, combined with a rent-to-income ratio near 0.21 at the neighborhood level, suggests a high-cost ownership market that still provides room for operators to manage affordability pressure and retention risk prudently.
Within a 3-mile radius, demographics point to a stable-to-growing tenant base: households increased modestly while population edged down, implying smaller household sizes and steady demand for rental housing. Renter-occupied share within the 3-mile radius remains a minority, but the neighborhood-level renter concentration (share of housing units that are renter-occupied) sits above the metro median, indicating depth for multifamily demand. For investors focused on multifamily property research, these dynamics are reinforced by comparative ranks and national percentiles from WDSuite’s dataset rather than one-off anecdotes.
Vintage matters: the asset was built in 1974, older than the neighborhood’s average construction year (1984). That typically implies targeted capital planning and potential value-add upside through interior refreshes, system upgrades, and select common-area improvements to compete effectively against newer stock.
Safety indicators for the neighborhood sit around the metro midpoint, with crime ranked 275 out of 611 Cincinnati neighborhoods. Compared with neighborhoods nationwide, the area falls below the national median for safety (around the 39th percentile). These are neighborhood-level readings rather than property-specific conditions.
Recent trends are mixed: estimated property offenses declined year over year, while the estimated violent offense rate increased from a low base. For investors, this suggests monitoring security measures, lighting, and resident experience practices, while recognizing that broader submarket trends—not just block-level variation—shape perception and retention.
Proximity to major employers in downtown and uptown Cincinnati underpins demand from professionals seeking commute convenience. Nearby anchors include Duke Energy, Humana, and multiple Fortune 500 headquarters such as Procter & Gamble, Western & Southern Financial Group, and American Financial Group.
- Duke Energy — utilities (9.16 miles)
- Humana — health insurance (9.17 miles)
- Procter & Gamble — consumer goods (9.25 miles) — HQ
- Western & Southern Financial Group — financial services (9.26 miles) — HQ
- American Financial Group — insurance (9.30 miles) — HQ
7885 Beechmont Ave is a 69-unit 1974 vintage asset with average unit sizes around 771 square feet. The neighborhood posts top-tier occupancy within the Cincinnati metro, supporting stable cash flow potential; median rents and incomes are well aligned at the neighborhood level, which can aid renewal strategies while preserving pricing power. Elevated home values locally signal a high-cost ownership market that tends to reinforce renter reliance on multifamily housing. According to CRE market data from WDSuite, the area ranks competitively across amenities and schools, which can bolster tenant retention for well-managed properties.
Given its older vintage relative to the neighborhood average, the property is positioned for targeted value-add—modernizing interiors, addressing aging systems, and upgrading curb appeal—to compete with newer stock. The inner-suburb location with access to a diversified employer base provides a broad tenant pool, while housekeeping around safety perception and limited in-neighborhood grocery options should be part of operational planning.
- Tight neighborhood occupancy supports income stability and renewal leverage.
- High-cost ownership market sustains renter demand and reduces move-out to buy.
- 1974 vintage offers value-add upside via renovations and system upgrades.
- Proximity to major employers broadens the professional renter base.
- Risks: aging asset capex, mixed safety trends, and limited in-neighborhood grocery options.