| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 20th | Poor |
| Demographics | 36th | Fair |
| Amenities | 15th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1600 N Main St, Fostoria, OH, 44830, US |
| Region / Metro | Fostoria |
| Year of Construction | 1986 |
| Units | 93 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1600 N Main St, Fostoria OH Multifamily Investment
Stabilized renter demand in a rural pocket of the Tiffin metro supports consistent leasing, according to WDSuite s CRE market data, with pricing power shaped by a low-cost ownership landscape.
This rural neighborhood in the Tiffin, OH metro offers simple access to daily needs and a quieter setting, with grocery options present locally but few cafes, parks, or childcare centers. Amenity density is competitive among Tiffin neighborhoods while remaining limited versus national urban standards, a factor investors should consider for tenant expectations and marketing.
Neighborhood occupancy is steady and has trended modestly higher over the past five years, per commercial real estate analysis from WDSuite. The area s elevated household income growth relative to earlier periods and low rent-to-income ratios suggest affordability that can support lease retention, though it may temper near-term rent growth outperformance.
Within a 3-mile radius, demographics indicate a balanced age mix and recent population growth, with forecasts pointing to stable headcount and an increase in households. For multifamily, that implies a larger tenant base over time and supports occupancy stability even as average household sizes shift.
Tenure dynamics show roughly one-third of housing units are renter-occupied within 3 miles, indicating a defined renter concentration that underpins demand for multifamily. At the same time, relatively low home values in the area can introduce competition from ownership alternatives, making asset quality, finishes, and management execution important to maintain leasing velocity.
Safety indicators compare favorably at the national level, landing in the top decile of neighborhoods nationwide based on WDSuite s CRE market data. Recent readings also show year-over-year declines in estimated violent and property offenses, reinforcing a constructive trend investors can monitor alongside local law enforcement updates.
Within the Tiffin, OH metro context, performance can vary by neighborhood, so property-level measures (lighting, access control, and visibility) remain relevant for tenant retention and insurance dialogue even when national comparisons are strong.
Regional employers across energy, glass manufacturing, auto components, and building materials provide a diversified employment base that supports workforce housing demand and commute convenience for renters near Fostoria. The list below highlights nearby corporate offices and headquarters that anchor the area s jobs landscape.
- Marathon Petroleum energy (15.8 miles) HQ
- Owens-Illinois glass manufacturing (26.9 miles) HQ
- Dana auto components (30.5 miles)
- Dana Holding auto components (30.5 miles) HQ
- Owens Corning building materials (32.8 miles) HQ
Built in 1986, the property is newer than much of the area s older housing stock, providing a competitive edge versus pre-war inventory while leaving room for targeted system updates or cosmetic upgrades to enhance positioning. According to CRE market data from WDSuite, neighborhood occupancy has held near stable, and a low rent-to-income environment supports lease retention, though it may limit outsized rent growth without execution on value-add.
Within a 3-mile radius, recent population growth and a projected increase in households point to a gradually expanding renter pool, which can support occupancy stability. Low ownership costs in the metro can create competition with entry-level home purchases, making asset quality, operations, and amenity programming important drivers of pricing power and renewal activity.
- 1986 vintage competes well versus older local stock; selective upgrades can unlock value
- Stable neighborhood occupancy and renter affordability support retention
- 3-mile trends signal population stability and more households, expanding the renter base
- Proximity to diverse regional employers underpins steady tenant demand
- Risk: lower ownership costs may cap rent growth without quality and operational differentiation