| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 43rd | Good |
| Demographics | 58th | Fair |
| Amenities | 12th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 631 W Sycamore St, Columbus Grove, OH, 45830, US |
| Region / Metro | Columbus Grove |
| Year of Construction | 1981 |
| Units | 42 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
631 W Sycamore St 42-Unit Columbus Grove Multifamily
Neighborhood occupancy of 93.5% suggests steady leasing fundamentals at the area level, according to WDSuite s CRE market data. Rents in this rural pocket remain relatively low, pointing to retention-friendly affordability while leaving room for disciplined upgrades.
Columbus Grove is a rural neighborhood with a B rating and a stability profile supported by 93.5% neighborhood occupancy, which sits above the national midpoint per WDSuite. Local schools average 4.33 out of 5 and rank 7th among 23 metro neighborhoods, placing education quality in the top quartile nationally a factor that can support family-oriented renter demand.
Amenities are limited within the immediate neighborhood (few cafes, parks, or childcare options), so residents typically rely on nearby towns for services. That said, grocery and restaurant access is present at modest levels, consistent with rural living patterns. Investors should underwrite with car-dependent tenant profiles in mind rather than walkable amenity draws.
Demographic indicators aggregated within a 3-mile radius show notable population growth over the past five years alongside a younger median age and slightly larger average household size. This trend points to a gradually expanding renter pool and supports occupancy stability for workforce-oriented units.
Home values are moderate in the regional context and ownership costs are relatively accessible compared with higher-cost metros. For multifamily owners, this can mean some competition with entry-level ownership, but it also supports lease retention when rentals are priced with value in mind and when operators emphasize convenience and turn-key living.
The property s 1981 vintage is older than the neighborhood s average construction year of 1990. Investors should plan for targeted capital improvements to maintain competitiveness and consider value-add upgrades that can capture rent premiums while remaining aligned with the area s rent-to-income dynamics.
Detailed, neighborhood-level crime statistics are not available in WDSuite for this location. Investors typically benchmark safety perceptions to county and adjacent neighborhood trends, validate with local property managers and public records, and incorporate practical measures such as lighting, access controls, and resident engagement to support tenant retention.
Regional employment is anchored by energy and industrial employers that draw a commuting workforce, supporting renter demand for well-managed housing. Nearby, Marathon Petroleum is a notable presence.
- Marathon Petroleum energy (23.2 miles) HQ
631 W Sycamore St offers 42 units in a rural Ohio setting where neighborhood occupancy is solid and schools are strong relative to national peers. According to CRE market data from WDSuite, the area s rent levels and rent-to-income positioning indicate low affordability pressure for tenants, which can support retention while allowing thoughtful, incremental pricing tied to unit upgrades and service quality.
Built in 1981, the asset is older than the local average and may benefit from selective renovations and systems updates. Given moderate ownership costs in the area, positioning the property as convenient, turn-key housing with reliable management can help mitigate competition from entry-level ownership while capturing durable workforce demand.
- Stable neighborhood occupancy with family-friendly school ratings supporting leasing durability
- Low rent-to-income pressure suggests retention advantages and room for disciplined value-add
- 1981 vintage provides a clear playbook for targeted renovations and operational improvements
- Risk: rural location and limited nearby amenities require car-dependent resident profiles
- Risk: relatively accessible ownership options may compete with rentals; emphasize service and convenience