| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 46th | Fair |
| Demographics | 34th | Poor |
| Amenities | 29th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 8115 Seward Ave, Cincinnati, OH, 45231, US |
| Region / Metro | Cincinnati |
| Year of Construction | 1977 |
| Units | 53 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
8115 Seward Ave, Cincinnati OH Multifamily Investment
Neighborhood fundamentals point to steady renter demand and high occupancy, according to WDSuite s CRE market data, with a renter-occupied share that supports consistent leasing. With durable inner-suburb dynamics, the asset s performance centers on retention over outsized rent growth.
Situated in an Inner Suburb of Cincinnati (neighborhood rating C+), the property benefits from a renter-occupied share that ranks 47th among 611 metro neighborhoods a top-quartile position that indicates a deep tenant base for multifamily. Neighborhood occupancy is strong and competitive nationally (79th percentile), with gains over the past five years, supporting expectations for stable leasing conditions.
Livability leans on access to parks and everyday services. Park availability ranks 21st of 611 in the metro (top quartile nationally), offering outdoor amenities that can enhance resident satisfaction and retention. Restaurants are comparatively dense (80th percentile nationally), while cafes, groceries, and pharmacies are limited in the immediate neighborhood; residents typically look to adjacent corridors for those needs.
Home values in the neighborhood sit below many national peers, which can moderate pricing power but also help sustain occupancy as renters weigh more accessible options. The rent-to-income ratio trends on the lower side locally, implying lower affordability pressure and potential for steadier renewals, though upside may be incremental rather than outsized.
Within a 3-mile radius, demographics show recent population growth with further gains forecast, plus rising household incomes. These trends translate into a gradually expanding renter pool and support for occupancy stability over the medium term, based on CRE market data from WDSuite. The concentration of renters at the neighborhood level complements these broader radius trends by reinforcing depth of demand for smaller unit formats.
Safety indicators position the neighborhood around the metro middle, while national comparisons trend weaker. Overall crime ranks 300th out of 611 Cincinnati metro neighborhoods, and national percentiles for both property and violent offenses are low (near the bottom decile nationally), signaling elevated incident rates versus many U.S. neighborhoods.
Trend signals are mixed: estimated property offenses declined materially over the last year (an improvement relative to peers), while violent offense estimates increased. For investors, this suggests prudent on-site security measures and resident experience management can be important to retention and marketing.
Major employers within a commutable radius support workforce housing demand and lease retention, including Procter & Gamble, Cincinnati Financial, Prudential, Duke Energy, and Humana Pharmacy Solutions.
- Procter & Gamble Co. consumer products offices (3.6 miles)
- Cincinnati Financial insurance (4.7 miles) HQ
- Prudential Financial financial services (5.8 miles)
- Duke Energy utilities (6.6 miles)
- Humana Pharmacy Solutions healthcare services (7.4 miles)
Built in 1977, the asset is newer than much of the surrounding housing stock (average vintage is earlier), which can provide a competitive edge against older comparables while still warranting targeted capital planning for aging systems and value-add upgrades. Strong neighborhood occupancy and a high renter-occupied share indicate depth of demand and support for leasing durability, according to CRE market data from WDSuite. At the same time, relatively low rent-to-income levels suggest retention strength may outpace rent growth, pointing to a manage-for-stability approach.
Local livability factors are balanced: abundant parks and a solid restaurant presence aid resident appeal, while limited immediate access to groceries and pharmacies pushes some convenience trips to nearby corridors. Demographic trends within 3 miles point to population and income growth, which helps expand the prospective tenant base and underpins long-run occupancy.
- 1977 vintage offers relative competitiveness vs. older stock, with clear opportunities for selective modernization.
- High neighborhood renter concentration and strong occupancy support leasing stability.
- Parks and restaurant density bolster resident appeal; essential retail accessed in nearby corridors.
- Expanding 3-mile population and rising incomes signal a gradually larger tenant base over time.
- Risks: limited pricing power given lower rent-to-income levels; safety metrics below national norms; capex for aging systems.