| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 71st | Best |
| Demographics | 34th | Good |
| Amenities | 30th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1250 Rorden Ave, Selma, CA, 93662, US |
| Region / Metro | Selma |
| Year of Construction | 2000 |
| Units | 36 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1250 Rorden Ave Selma 36-Unit Multifamily Opportunity
Neighborhood occupancy trends are strong and stable, with the area ranking in the top quartile among 246 Fresno metro neighborhoods for occupancy, according to WDSuite’s CRE market data. This supports an investment case centered on steady renter demand and consistent leasing performance.
Selma’s suburban setting provides daily needs coverage with a modest amenity mix. Cafes are relatively accessible (competitive among Fresno neighborhoods, rank 51 of 246; 76th percentile nationally), while restaurants and groceries track closer to metro norms. Parks, pharmacies, and childcare are thinner nearby, which may require residents to rely on adjacent areas for certain services.
For investors, demand signals are constructive. Neighborhood multifamily occupancy is in the top quartile among 246 Fresno neighborhoods, suggesting historically resilient lease-up and retention. Rents in the area sit above the metro median (contract rent rank 86 of 246; 62nd percentile nationally), indicating room for professional management to position units competitively without pushing beyond local thresholds.
Tenure patterns vary by lens. Within the immediate neighborhood, an estimated 29.3% of housing units are renter-occupied, implying a smaller but stable base that can support workforce-oriented assets. Within a 3-mile radius, renters account for roughly 46% of housing units, broadening the tenant pool and supporting occupancy stability for well-managed properties.
Home values in the neighborhood are elevated for the region (73rd percentile nationally) and the value-to-income ratio ranks in the top quartile among 246 Fresno neighborhoods (84th percentile nationally), a high-cost ownership landscape that tends to reinforce reliance on multifamily rentals and supports lease retention. Average school ratings trend modest (near the national middle), so marketing may lean more on large floor plans and commute convenience than school performance. The property’s 2000 construction is newer than the neighborhood’s average vintage (1979 rank 91 of 246), enhancing competitive positioning versus older stock while still allowing selective modernization for value-add.
Comparable neighborhood-level crime data is not available in WDSuite for this location. Investors typically benchmark city and county trendlines and evaluate property-level measures (lighting, access controls, and on-site management) to assess resident experience and leasing risk over time.
Regional employment is supported by food processing and packaging operations reachable by highway, which can underpin workforce housing demand and lease retention for Selma assets. Notable nearby employers include Con Agra Foods and International Paper.
- Con Agra Foods — food processing (27.1 miles)
- International Paper — packaging & paper products (29.8 miles)
This 36-unit property, built in 2000, positions ahead of much of the neighborhood’s older inventory, offering competitive appeal with potential for targeted renovations to drive rent and retention. Occupancy in the surrounding neighborhood ranks in the top quartile among 246 Fresno neighborhoods, and elevated ownership costs locally support a consistent renter base and stable leasing. According to CRE market data from WDSuite, area rents track above the metro median while rent-to-income levels remain manageable, suggesting disciplined pricing power for professionally managed assets.
Within a 3-mile radius, households have grown and are projected to expand further by 2028, with smaller average household sizes indicating more households in need of housing—supportive of a larger tenant base and sustained demand for multifamily units. Amenity depth is mixed, so on-site features and management quality can be key differentiators.
- 2000 vintage offers competitive positioning versus older local stock with room for selective value-add.
- Neighborhood occupancy is top quartile among 246 Fresno neighborhoods, supporting leasing stability.
- Elevated ownership costs and above-metro-median rents indicate durable renter demand with disciplined pricing potential.
- 3-mile household growth and smaller household sizes expand the renter pool, aiding retention and absorption.
- Risk: Thinner nearby parks, pharmacies, and childcare; property-level amenities and management strategy may be more important to drive retention.