| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 30th | Poor |
| Demographics | 18th | Poor |
| Amenities | 33rd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1414 McArthur Ave, Dayton, OH, 45417, US |
| Region / Metro | Dayton |
| Year of Construction | 1986 |
| Units | 25 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1414 McArthur Ave Dayton Multifamily Investment
Neighborhood renter concentration is high and the 1986 vintage is newer than much of the local housing stock, supporting leasing depth and competitive positioning according to WDSuite's CRE market data.
Located in Dayton's inner-suburban fabric, the area around 1414 McArthur Ave skews heavily renter-occupied (55.8%), which is competitive among 228 Dayton–Kettering neighborhoods and ranks in the higher tier nationally for renter concentration. For multifamily owners, that points to a deeper tenant base and potential demand resilience, though effective leasing and resident services remain important given local variability.
The property's 1986 construction is newer than the neighborhood's average vintage (mid-1940s), providing relative competitiveness versus older stock, while still leaving room for targeted modernization of interiors, common areas, or building systems to enhance positioning.
Amenity access is mixed: neighborhood data indicate limited cafes and restaurants nearby, with moderate access to groceries and parks that tracks around the metro middle and above national mid-range for parks. This supports day-to-day convenience but suggests residents may rely on a broader drive shed for dining and entertainment.
Local rent levels trend on the lower side within the metro, and the neighborhood's rent-to-income ratio sits near national mid-range, which can aid lease retention and collections management. However, the neighborhood's housing occupancy rate benchmarks below many Dayton–Kettering peers, so stabilizing performance may hinge on operational focus, unit quality, and competitive pricing.
Within a 3-mile radius, recent years show modest population and household softness, but forward-looking projections point to population growth, an increase in households, and a larger share of renter-occupied housing by the next five years. For investors, that implies a potentially expanding renter pool supporting occupancy and leasing velocity if product, pricing, and management align with demand.
Relative to the 228 neighborhoods in the Dayton–Kettering metro, this area trends below the metro average on safety metrics, with national comparisons placing it in a lower percentile versus neighborhoods nationwide. Recent year-over-year readings show modest improvement, which is a constructive directional signal but not yet a structural shift.
For underwriting, a pragmatic approach is to calibrate marketing, access controls, and resident engagement to local conditions while monitoring trend lines. Comparative positioning may improve with ongoing reductions in reported offenses, but investors should underwrite to current conditions and focus on property-level measures that support resident retention and asset performance.
Regional employment nodes within commuting range include waste services, healthcare, steel, insurance, and energy operations, supporting workforce housing demand and lease retention for residents willing to commute.
- Waste Management — waste services (25.3 miles)
- Anthem Inc Mason Campus II — healthcare insurance (29.5 miles)
- AK Steel Holding — steel manufacturing offices (29.8 miles) — HQ
- Humana Pharmacy Solutions — healthcare services (31.1 miles)
- Duke Energy — utilities (31.8 miles)
This 25-unit 1986 asset offers a pragmatic workforce housing play in an inner-suburban Dayton neighborhood characterized by a high share of renter-occupied units and comparatively older surrounding stock. The vintage provides competitive footing versus nearby 1940s-era buildings, while selective renovations can elevate product quality. According to CRE market data from WDSuite, neighborhood rent levels and rent-to-income dynamics support retention-oriented strategies, though pricing power should be managed carefully.
Near-term fundamentals require operational focus: neighborhood occupancy benchmarks below many metro peers and amenities are limited, so leasing strategy, resident services, and cost discipline matter. Medium-term projections within a 3-mile radius point to population growth, an increase in households, and a higher renter share, which can expand the tenant base and support occupancy stability if the asset is positioned and managed effectively.
- Newer 1986 vintage than much of the local stock, with value-add upside through targeted modernization.
- High neighborhood renter concentration supports a deeper tenant base and leasing depth.
- 3-mile projections indicate population and household growth with a rising renter share, reinforcing demand potential.
- Retention-oriented strategy supported by lower absolute rents and mid-range rent-to-income dynamics.
- Risks: neighborhood safety ranks below metro average and occupancy is weaker; amenity limitations and accessible home values may cap pricing power.