| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 43rd | Best |
| Demographics | 36th | Poor |
| Amenities | 68th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 100 Cisler Ln, Marietta, OH, 45750, US |
| Region / Metro | Marietta |
| Year of Construction | 1973 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
100 Cisler Ln Marietta OH Multifamily Investment
Neighborhood data points to steady renter demand supported by a meaningful renter-occupied share and elevated ownership costs relative to income, according to WDSuite’s CRE market data. Focus is on durable occupancy from local workforce households rather than rapid rent growth.
Located in a Rural neighborhood of Marietta, the area posts an A neighborhood rating and ranks 3 out of 34 metro neighborhoods, making it competitive among Marietta neighborhoods. Cafes, groceries, pharmacies, and restaurants rank near the front of the metro pack (each 3rd or 5th of 34), translating to everyday convenience that benefits resident retention and leasing.
The property’s 1973 vintage is slightly older than the neighborhood’s average construction year of 1976. For investors, that age often implies targeted capital planning and value-add potential—modernizing interiors, systems, and common areas to sharpen competitive positioning against newer stock.
Within the neighborhood, about one-third of housing units are renter-occupied, indicating a defined tenant base for small multifamily assets. In the 3-mile radius, population has edged down while household counts have increased and average household size has declined, pointing to more, smaller households—a setup that can expand the renter pool and support occupancy stability for well-managed properties.
Rents in the neighborhood sit below national norms, which can support lease-up and reduce pushback on renewals, while the value-to-income ratio is elevated compared with many U.S. neighborhoods—an ownership landscape that tends to reinforce reliance on multifamily rentals. School quality averages are modest, which may matter less for studios and smaller unit mixes but is still a consideration for family-oriented demand.
Safety indicators compare favorably at the national level: the neighborhood sits around the top quartile nationally for lower crime, with particularly strong positioning on property and violent offense benchmarks. However, within the Marietta metro it ranks 30 out of 34 neighborhoods, indicating it trails many local peers despite its solid national comparison.
Recent trends are mixed: property offense estimates have moved down sharply year over year, while violent offense estimates ticked higher. For underwriting, this argues for practical measures—lighting, access controls, and resident engagement—paired with routine monitoring of local trends rather than relying on a single-year improvement.
This 24-unit, 1973-vintage asset offers a straightforward value-add angle in an A-rated Marietta neighborhood that is competitive within the metro and shows practical amenity access. The renter-occupied share at the neighborhood level and a 3-mile trend toward more, smaller households indicate a durable tenant base. Rents are generally below national norms, supporting lease-up and renewals, while elevated ownership costs relative to local incomes tend to sustain rental demand. According to CRE market data from WDSuite, neighborhood safety benchmarks are strong at the national level even as local (metro-relative) rankings warrant continued monitoring.
Investor considerations include planning for age-related capex, managing pricing power in a value-oriented market, and acknowledging modest school ratings and a metro-relative safety rank. With focused renovations and disciplined operations, the asset can compete effectively for workforce renters seeking convenience and attainable monthly housing costs.
- 1973 vintage supports targeted value-add and systems upgrades
- Renter-occupied share and more, smaller households expand the tenant base
- Below-national rent levels aid lease-up and retention in a value market
- Nationally favorable safety metrics; continue monitoring metro-relative standing
- Risks: aging physical plant, modest school ratings, and measured pricing power