| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 52nd | Best |
| Demographics | 73rd | Best |
| Amenities | 32nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 6071 Manley Rd, Maumee, OH, 43537, US |
| Region / Metro | Maumee |
| Year of Construction | 1983 |
| Units | 52 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
6071 Manley Rd, Maumee, OH Multifamily Investment
Stabilized renter demand in an inner-suburban pocket of Toledo supports steady occupancy, according to WDSuite’s CRE market data. Neighborhood fundamentals point to durable leasing with room for value-add positioning over time.
The property sits in an Inner Suburb of the Toledo metro rated A- and ranked 46th among 244 neighborhoods, placing it in the top quartile locally. Neighborhood occupancy is strong and ranks in the top quartile among 244 metro neighborhoods, with performance landing in the top quartile nationally as well — a constructive signal for revenue stability and lease retention.
Livability is balanced rather than amenity-heavy: grocery and restaurant access trend around metro norms, while parks, pharmacies, and cafes are relatively sparse. Childcare density is a relative strength, testing above the national median. For investors, this mix suggests dependable everyday services with fewer lifestyle draws that typically command premium rents.
Housing dynamics favor multifamily demand. The share of housing units that are renter-occupied is elevated for the neighborhood (above the 90th percentile nationally), indicating a deep tenant base that can support leasing velocity and reduce downtime between turns. Median contract rents in the neighborhood track below national midpoints and the rent-to-income profile trends favorable, which can support retention and measured pricing power rather than aggressive rent-up risk.
Construction patterns in the area skew slightly older on average (late 1970s). With a 1983 vintage, this asset is somewhat newer than neighborhood norms, which can help competitiveness versus aging stock; investors should still underwrite ongoing modernization and systems updates to meet today’s renter expectations. Within a 3-mile radius, recent population and household counts have grown and are projected to expand further over the next five years, pointing to a larger tenant base and supporting occupancy stability.
Safety indicators are mixed in a metro-relative context. Overall crime ranks below the metro median (147th of 244), which means safety performance trails many Toledo neighborhoods. Compared nationally, the neighborhood sits just below the midpoint.
Property and violent offense rates benchmark in lower national percentiles, but year-over-year trends show improvement, with both categories declining according to WDSuite’s CRE market data. For investors, the takeaways are to prioritize standard security measures and lighting, while recognizing recent momentum that may support perception and retention over time.
The area benefits from proximity to corporate offices in manufacturing and materials, supporting workforce housing demand and commute convenience for renters. Notable nearby employers include Dana, Dana Holding, Owens-Illinois, Owens Corning, and Dana Holding Corporation.
- Dana — manufacturing (1.8 miles)
- Dana Holding — manufacturing (1.8 miles) — HQ
- Owens-Illinois — glass & packaging (4.9 miles) — HQ
- Owens Corning — building materials (8.7 miles) — HQ
- Dana Holding Corporation — manufacturing (11.0 miles)
This 52-unit, 1983-vintage asset benefits from a neighborhood that ranks in the top quartile among 244 Toledo metro neighborhoods, where occupancy is also a top-quartile performer nationally — a favorable setup for income durability. Renter concentration is high for the neighborhood, indicating depth of demand, while rents benchmark below national midpoints and rent-to-income levels suggest manageable affordability pressure that can aid retention.
The vintage offers practical value-add avenues: targeted interior updates and systems modernization can enhance competitiveness versus older nearby stock without requiring ground-up repositioning. According to CRE market data from WDSuite, recent and projected growth in the 3-mile radius points to a larger renter pool, supporting leasing stability and measured rent performance in line with local fundamentals.
- Top-quartile neighborhood and occupancy performance support income stability
- High renter-occupied share signals deep tenant base and steady demand
- 1983 vintage offers value-add/modernization upside versus older local stock
- 3-mile growth outlook expands the renter pool and supports leasing
- Risks: lighter amenity mix and mixed safety metrics warrant conservative underwriting