| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 42nd | Fair |
| Demographics | 49th | Fair |
| Amenities | 50th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 150 Chris Dr, Englewood, OH, 45322, US |
| Region / Metro | Englewood |
| Year of Construction | 1979 |
| Units | 41 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
150 Chris Dr Englewood Multifamily Investment
Neighborhood multifamily occupancy trends are above the metro median, supporting stable leasing dynamics according to WDSuite’s CRE market data. Positioned in suburban Englewood, the asset caters to value-seeking renters, with rent-to-income levels that favor retention.
Located in suburban Englewood within the Dayton–Kettering metro, the neighborhood carries a B+ rating and is competitive among metro peers (ranked 70 out of 228 neighborhoods). This positioning suggests balanced fundamentals for workforce housing and steady renter interest, per WDSuite’s commercial real estate analysis.
Renter demand is supported by occupancy that sits above the metro median among Dayton–Kettering neighborhoods, indicating comparatively resilient absorption and fewer extended vacancies. The local rent-to-income ratio around 0.14 points to manageable affordability pressure, which can aid lease retention and reduce turnover risk.
Livability indicators are mixed but serviceable for everyday needs: grocery, pharmacy, and park access track around metro mid-range levels, while average school quality trends slightly above national midpoints (national percentile near the low 60s). These factors align with stable suburban living patterns rather than destination-retail dynamics, which typically suits workforce-oriented multifamily assets.
Demographic statistics aggregated within a 3-mile radius show modest population growth over the last five years alongside a larger increase in households, implying slightly smaller average household sizes and a broader tenant base. Looking ahead, projections show households continuing to rise even as total population is expected to dip, which can still support occupancy stability by expanding the pool of individual renter households. Median incomes in the 3-mile area trend higher than neighborhood figures, which can underpin rent collections without overextending affordability.
Home values locally are lower relative to many U.S. neighborhoods (national percentile near the lower quartile). While a more accessible ownership market can create some competition with single-family options, it also reinforces this submarket’s role as a cost-conscious rental alternative — supporting lease-up for smaller units and steady demand from households prioritizing payment-to-income discipline.
Safety indicators in this neighborhood trend below both national and metro averages. The area ranks 178 out of 228 neighborhoods within the Dayton–Kettering metro, placing it below the metro median. Nationally, overall crime metrics sit in lower percentiles (around the 25th percentile), indicating comparatively higher reported crime than many U.S. neighborhoods.
Violent offense levels benchmark closer to the national midpoint (around the mid-40s percentile), while property offenses trend weaker. Recent-year estimates indicate an uptick in reported incidents; investors may wish to monitor trend direction, property-level security practices, and tenant screening as part of asset management and underwriting. As always, safety can vary block to block; investors should corroborate with multiple sources over time.
Regional employers within commuting distance help support a steady workforce renter base, with roles spanning waste services, steel, utilities, healthcare services, and insurance operations.
- Waste Management — waste services (25.8 miles)
- AK Steel Holding — steel manufacturing (38.4 miles) — HQ
- Duke Energy — utilities (39.2 miles)
- Anthem Inc Mason Campus II — healthcare insurance operations (39.3 miles)
- Humana Pharmacy Solutions — healthcare services (39.8 miles)
This 41-unit asset in Englewood benefits from neighborhood occupancy trending above the metro median and a rent-to-income ratio around 0.14, supporting retention and stabilized cash flows. Nearby amenities and schools are serviceable for workforce housing, while a more accessible ownership market underscores the property’s positioning for renters prioritizing budget discipline. According to CRE market data from WDSuite, the neighborhood sits competitively within the Dayton–Kettering landscape, aligning with steady renter demand rather than peak rent premiums.
Scale at 41 units can deliver operational efficiency, and the smaller average unit sizes can appeal to cost-conscious tenants and single-occupant households, supporting lease-up in value-oriented segments. Key underwriting considerations include monitoring neighborhood safety trends and potential competition from ownership options, balanced by income growth and continued household expansion within a 3-mile radius.
- Above-metro occupancy supports rent roll stability
- Rent-to-income levels indicate manageable affordability pressure and retention potential
- Workforce appeal with serviceable amenities and schools near national midpoints
- Operational scale at 41 units; smaller floorplans target value-seeking renters
- Risks: below-metro safety benchmarks and competition from accessible ownership options