| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 39th | Fair |
| Demographics | 33rd | Poor |
| Amenities | 36th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 6217 N Main St, Dayton, OH, 45415, US |
| Region / Metro | Dayton |
| Year of Construction | 2000 |
| Units | 35 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
6217 N Main St Dayton Multifamily Investment Opportunity
Positioned in an inner-suburban Dayton location with steady renter demand, this 35-unit asset offers exposure to a renter-leaning neighborhood profile and improving fundamentals, according to WDSuite’s CRE market data.
Livability signals point to a practical workforce housing location within the Dayton-Kettering metro. Neighborhood grocery and pharmacy access track above national medians (both in the mid-70s percentiles), while restaurants are moderately represented. Parks, cafés, and childcare options are limited in the immediate area, which suggests a more utilitarian amenity mix rather than lifestyle-driven demand.
Rents in the neighborhood sit below national levels, and the neighborhood occupancy rate trends slightly above the national midpoint, supporting stable leasing conditions. The share of housing units that are renter-occupied is competitive among Dayton-Kettering neighborhoods (rank 15 of 228), indicating a deep tenant base that typically helps sustain occupancy through cycles.
The property s 2000 construction is newer than the neighborhood s average vintage (1971). For investors, this positioning can enhance competitiveness versus older stock and may moderate near-term capital needs, while still warranting planning for systems updates or selective modernization to support retention and pricing.
Demographic statistics are aggregated within a 3-mile radius and show recent population and household growth, with projections indicating additional renter pool expansion over the next five years. Rising household incomes and forecast rent growth point to manageable affordability pressure for well-managed assets, though a relatively accessible ownership market in this part of Montgomery County can introduce some competition for households weighing renting versus buying. These dynamics, based on commercial real estate analysis from WDSuite, suggest demand resilience for well-located, functionally efficient units.
School ratings in the neighborhood benchmark below national norms, which can affect family-focused leasing strategies; however, workforce households and smaller household sizes (near the national top quartile) align with the property s average unit size profile.
Safety indicators for the neighborhood track near the national midpoint overall, with violent offense levels below national averages (lower percentile indicates comparatively higher incidence) and property offenses closer to median. Importantly, property crime shows a meaningful year-over-year decline, placing the neighborhood in a stronger improvement cohort nationally. Among 228 Dayton-Kettering neighborhoods, safety outcomes are mixed but broadly comparable to many inner-suburban areas.
For underwriting, investors may consider the downward trend in property offenses as a supportive signal for tenant retention and asset operations while maintaining prudent security and lighting measures consistent with submarket norms.
Employment access is anchored by regional corporate offices within commuting distance, supporting renter demand tied to operations, customer service, and administrative roles. The list below reflects nearby employers relevant to workforce housing dynamics referenced above.
- Waste Management — environmental services (22.8 miles)
- AK Steel Holding — steel manufacturing (35.6 miles) — HQ
- Anthem Inc Mason Campus II — healthcare insurance (35.6 miles)
- Humana Pharmacy Solutions — pharmacy services (36.9 miles)
- Duke Energy — utilities (37.1 miles)
This 35-unit, 2000-vintage community in Dayton offers exposure to a renter-leaning neighborhood with occupancy hovering slightly above national medians and rents below national levels, supporting steady absorption for functional, smaller-format units. Grocery and pharmacy access outperforms national medians, while limited lifestyle amenities point to demand driven more by convenience and value than by destination retail. According to CRE market data from WDSuite, the local renter concentration is competitive within the metro, reinforcing depth of the tenant base and aiding leasing stability.
Three-mile radius demographics indicate recent growth in population and households with forecasts calling for further expansion, which can enlarge the renter pool and support occupancy stability. The asset’s newer-than-neighborhood vintage provides relative competitiveness versus older stock; targeted updates can capture value while managing capex. Key underwriting watchpoints include below-average school ratings and an accessible ownership market that may compete for some households, balanced by improving property crime trends and income growth that supports rent collections.
- Renter-occupied share competitive within the metro, supporting a deeper tenant base and steadier leasing
- 2000 vintage offers relative competitiveness vs. older neighborhood stock with manageable modernization scope
- 3-mile demographics show growth and projected renter pool expansion, supporting occupancy stability
- Essential retail access (grocery, pharmacy) above national medians reinforces convenience-driven demand
- Risks: subpar school ratings and an accessible ownership market may compete for some households; maintain conservative rent and retention assumptions