| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 35th | Good |
| Demographics | 49th | Good |
| Amenities | 17th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2810 East Pike, Zanesville, OH, 43701, US |
| Region / Metro | Zanesville |
| Year of Construction | 1975 |
| Units | 36 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2810 East Pike Zanesville 36-Unit Multifamily Opportunity
Positioned for workforce rental demand with comparatively low rents and a competitive neighborhood standing, according to WDSuite’s CRE market data. Expect steady leasing potential supported by moderate grocery access and incomes that help sustain rent levels.
The property sits in a Rural area of the Zanesville, OH metro that ranks 13 out of 43 neighborhoods, making it competitive among Zanesville neighborhoods based on WDSuite’s CRE market data. Local amenity density is limited (cafes, parks, and childcare are sparse), though grocery availability is near the metro middle and comparable to national norms, which supports everyday convenience for renters.
Within a 3-mile radius, demographic statistics show a smaller household size and a recent contraction in population, but forecasts point to an increase in households over the next five years. A larger household count, even with modest population growth, can expand the tenant base and support occupancy stability as more households form and seek rental options.
Tenure data within 3 miles indicates roughly one-third of housing units are renter-occupied, suggesting a meaningful renter concentration to draw from. For investors, this points to a workable pool of prospective tenants and potential retention advantages when paired with pragmatic lease management.
Rents in the immediate neighborhood benchmark below national levels, which can aid lease-up and support rent growth from a low base. By contrast, ownership costs are relatively accessible for the region, which can introduce competition with for-sale options; operators may need to emphasize value, convenience, and service quality to sustain pricing power and renewals.
Neighborhood safety indicators are mixed when compared nationally. Overall crime performance trends below the national midpoint, while violent offense metrics are stronger than the national average and property offense metrics sit closer to the middle of national peers, per WDSuite’s CRE market data. Recent year-over-year shifts show some uptick in estimated rates, warranting ongoing monitoring rather than alarm.
Within the Zanesville metro, the area’s safety ranking places it below several peer neighborhoods, but not among the weakest. Investors should underwrite standard security measures and resident engagement practices; comparative positioning can improve with routine property-level stewardship and local partnerships.
Industrial and logistics employment nearby provides a practical base for workforce renters, with commute-friendly access to a regional distribution node.
- Autozone Distribution Center — logistics distribution (3.6 miles)
This 36-unit asset leverages a competitive neighborhood position within the Zanesville metro and a renter pool supported by moderate grocery access and workforce incomes. Rents start from a relatively low base versus national benchmarks, offering room for measured rent growth while maintaining leasing velocity. According to CRE market data from WDSuite, occupancy in the surrounding neighborhood trails national norms, so experienced operations and targeted value-add can help bolster leasing performance.
Demographic data aggregated within a 3-mile radius points to rising household counts over the next five years alongside smaller average household sizes, which can enlarge the tenant base and support long-run demand for rental units. Ownership remains comparatively accessible locally, so competitive positioning—service quality, convenience, and unit finishes—will be important to sustain retention and pricing power.
- Competitive neighborhood standing in the Zanesville metro supports screening and leasing
- Rents below national levels provide room for gradual growth from a low base
- 3-mile outlook shows more households and smaller sizes, enlarging the tenant base
- Workforce access near a regional distribution employer supports day-to-day occupancy
- Risk: neighborhood occupancy trails national norms; thin amenities and average safety require active management