| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 59th | Best |
| Demographics | 78th | Best |
| Amenities | 56th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 937 Windsor St, Cincinnati, OH, 45206, US |
| Region / Metro | Cincinnati |
| Year of Construction | 1980 |
| Units | 45 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
937 Windsor St, Cincinnati OH Multifamily Investment
Steady renter demand and proximity to major employers support income durability for this 45‑unit asset, according to WDSuite’s CRE market data. Balanced fundamentals and neighborhood competitiveness offer an approachable entry point for investors conducting commercial real estate analysis.
The property sits in an Inner Suburb submarket that is competitive among Cincinnati neighborhoods (ranked 31 out of 611, neighborhood rating A). Neighborhood occupancy is around the national midpoint, while renter concentration is among the highest in the metro (63.7% of units are renter-occupied; rank 27 of 611 and 95th percentile nationally), indicating depth in the tenant base and support for leasing continuity at the neighborhood level rather than the property.
Livability signals are mixed but investor-friendly: parks access is a standout (97th percentile nationally) with solid grocery and dining density (both above national averages), while cafes and pharmacies are sparse in the immediate area. This blend points to outdoor and daily‑needs convenience with fewer specialty retail options, which can influence resident expectations and renewal strategies.
Within a 3‑mile radius, population and households have expanded and are projected to continue growing, with households expected to rise further alongside a declining average household size. This pattern implies a larger renter pool and supports occupancy stability and lease-up predictability for multifamily operators.
Median home values in the neighborhood sit above many U.S. areas, and the value‑to‑income ratio ranks in the higher national percentiles. In practical terms, the ownership market is relatively high-cost, which tends to sustain reliance on multifamily rentals and can support pricing power and retention for well‑managed assets.
Constructed in 1980, the asset is newer than the neighborhood’s older housing stock (average vintage 1940). That relative vintage advantage may enhance competitiveness versus pre‑war properties, while still warranting capital planning for systems modernization or targeted value‑add to meet current renter preferences.
Safety indicators are mixed and should be considered in underwriting and operations. The neighborhood’s crime rank is 340 out of 611 Cincinnati‑area neighborhoods, signaling higher incident levels than many parts of the metro. Nationally, safety percentiles are on the lower end, indicating a comparatively less safe profile versus U.S. neighborhoods.
Recent trend data show property offenses declining year over year, which is a constructive signal for operators focused on resident experience and retention. Investors typically address the local context through lighting, access control, and community engagement to support on‑site performance.
Nearby corporate offices provide a diversified white‑collar employment base that supports renter demand and short commute times. Key employers include Humana, Procter & Gamble, HP, Kroger, and Western & Southern Financial Group.
- Humana — insurance (0.57 miles)
- Procter & Gamble — consumer goods (1.54 miles) — HQ
- Hp — technology offices (1.60 miles)
- Kroger — grocery & corporate services (1.66 miles) — HQ
- Western & Southern Financial Group — financial services (1.67 miles) — HQ
937 Windsor St offers scale at 45 units with demand supported by a renter‑heavy neighborhood and proximity to major Cincinnati employers. Rents in the area sit near national midpoints, while elevated ownership costs and growth in the 3‑mile renter pool point to steady leasing and retention potential. According to CRE market data from WDSuite, neighborhood occupancy is near national norms and renter concentration ranks among the highest in the metro, reinforcing depth of tenant demand rather than guaranteeing outcomes.
The 1980 vintage is newer than much of the surrounding stock, creating a relative competitive edge versus older assets, while leaving room for targeted renovations and systems upgrades to unlock value-add upside. Operators should plan for the local safety context and selective amenity gaps (e.g., limited cafes/pharmacies) when shaping resident experience and marketing.
- Renter-heavy neighborhood (63.7% renter-occupied) supports demand depth and leasing stability
- Proximity to multiple corporate HQs diversifies employment drivers and reduces commute friction
- 1980 vintage is competitive versus older local stock, with value-add potential via modernization
- Elevated ownership costs in the area help sustain reliance on rentals and pricing power
- Risk: safety metrics lag metro leaders; consider enhanced operations, lighting, and access control