| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 42nd | Fair |
| Demographics | 54th | Fair |
| Amenities | 45th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 9311 Marker Dr, Cincinnati, OH, 45251, US |
| Region / Metro | Cincinnati |
| Year of Construction | 1994 |
| Units | 48 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
9311 Marker Dr, Cincinnati OH — 48-Unit 1994 Multifamily
Neighborhood occupancy is strong and competitive among Cincinnati submarkets, supporting steady leasing, according to WDSuite s CRE market data. The asset s late-1990s vintage offers relative competitiveness versus older stock while leaving room for targeted upgrades.
Situated in an Inner Suburb of Cincinnati, the property benefits from a renter base supported by local service and corporate employment. Neighborhood occupancy is above the metro median and competitive among 611 Cincinnati neighborhoods, indicating resilient tenant demand rather than lease-up risk. Rents in the area track near national mid-range levels, and a moderate rent-to-income profile suggests manageable affordability pressure that can aid retention.
Daily-life amenities are a relative strength: restaurants and cafes cluster at densities that are competitive among Cincinnati neighborhoods and well above national norms, while grocery access is solid. Park space, pharmacies, and childcare options are more limited locally, so residents may rely on nearby corridors for those needs.
Construction trends point to a favorable competitive set. With an average neighborhood construction year around the early 1980s, a 1994 asset is newer than much of the surrounding stock, which can support leasing and reduce near-term functional obsolescence risk; however, systems and finishes may still benefit from modernization to meet current renter expectations.
Tenure patterns indicate a balanced housing mix: roughly one-quarter of neighborhood units are renter-occupied, and within a 3-mile radius the renter share is roughly one-third. This mix points to a stable but not saturated tenant pool, with enough depth to support ongoing demand for well-managed multifamily communities.
Within a 3-mile radius, population and household counts have grown modestly in recent years, with forecasts pointing to further population growth over the next five years. Rising household incomes in the radius expand the potential renter pool and support occupancy stability and measured rent growth, based on CRE market data from WDSuite.
Home values in the immediate neighborhood are lower than national norms, which can introduce some competition from ownership options. For multifamily investors, this context argues for emphasizing customer experience, unit quality, and lease management to sustain pricing power while maintaining retention.
Safety signals are mixed when viewed against metro and national benchmarks. Overall crime levels sit near the Cincinnati metro median among 611 neighborhoods, placing the area around the middle of the pack locally. Nationally, property-related offenses benchmark more favorably than violent categories, which read closer to average. Recent year-over-year movements show short-term volatility, so investors should focus on trends over time and property-level controls (lighting, access, and management practices) rather than any single-year shift.
In practice, investors often mitigate neighborhood variability through onsite security measures and resident screening. Monitoring multi-year patterns and submarket comparables can help set appropriate underwriting assumptions.
Proximity to major corporate offices underpins renter demand and commute convenience, including consumer goods, insurance, utilities, and healthcare services represented nearby.
- Procter & Gamble Co. consumer goods (5.37 miles)
- Cincinnati Financial insurance (5.64 miles) HQ
- Duke Energy utilities (6.93 miles)
- Prudential Financial insurance (8.06 miles)
- Humana Pharmacy Solutions healthcare services (9.38 miles)
This 48-unit community, built in 1994, is newer than the neighborhood s early-1980s average, offering an advantage over older comparables while leaving room for targeted value-add to elevate unit finishes and common areas. Neighborhood occupancy trends are competitive among Cincinnati neighborhoods and track in the upper tier nationally, supporting stable collections for well-managed assets. Within a 3-mile radius, population and households are rising with further growth forecast, expanding the tenant base and supporting sustained demand.
Amenity access favors leasing strong dining and cafe density and solid grocery access even as limited park and childcare options may require residents to look to adjacent corridors. Home values are lower than national norms, which can increase competition from ownership; careful rent positioning and resident experience can sustain retention. According to CRE market data from WDSuite, the area s rent-to-income profile indicates manageable affordability pressure, aiding lease stability.
- Competitive neighborhood occupancy and steady renter demand underpin income stability
- 1994 vintage is newer than much of the submarket, with value-add and modernization upside
- Strong dining/cafe and grocery access support livability and leasing velocity
- 3-mile radius shows population and income growth, expanding the tenant base
- Risks: lower ownership costs can compete with rentals; safety trends are mixed focus on management, positioning, and underwriting discipline