| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 63rd | Good |
| Demographics | 29th | Fair |
| Amenities | 47th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2026 Barbara St, Selma, CA, 93662, US |
| Region / Metro | Selma |
| Year of Construction | 1987 |
| Units | 44 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2026 Barbara St, Selma CA — 44-Unit Multifamily Opportunity
Neighborhood occupancy is strong and renter demand is supported by a high-cost ownership market, according to WDSuite s CRE market data, positioning this 1987 vintage asset for stable tenancy with operational upside.
The property is in an Inner Suburb pocket of Selma (Fresno metro) with a B+ neighborhood rating and performance that is competitive among Fresno neighborhoods (85 of 246). Neighborhood occupancy is in the top quartile nationally, indicating steady leasing and reduced downtime relative to many markets. Figures referenced are measured for the neighborhood, not the property.
Daily needs are reasonably served: pharmacies and parks rank in the top quartile nationally, and restaurants are likewise in the top quartile, while grocery access sits above the national median. Caf e9 and childcare density are limited, which may modestly affect lifestyle convenience compared to larger urban nodes.
Ownership costs in the area are elevated relative to incomes (high national percentile for value-to-income), which tends to sustain reliance on multifamily rentals and can support pricing power and retention. The neighborhood s renter-occupied share is above national norms, signaling a meaningful tenant base and demand depth for professionally managed apartments.
Within a 3-mile radius, population and household counts have grown and are projected to continue increasing, expanding the renter pool over time. As household sizes trend smaller, this can support steady absorption and occupancy stability for a mix of unit types. School ratings trail national averages, which may influence family renter segments; investors can address this via amenity programming and community engagement rather than relying on school draw alone.
The average neighborhood construction year skews older (1960s), while this property was built in 1987. The relatively newer vintage offers a competitive position versus older local stock, with scope for targeted modernization to enhance rentability and reduce near-term capital friction.
Comparable crime metrics for this neighborhood were not available in the current WDSuite release. Investors typically benchmark property-level security measures and historical trends against Fresno metro and city sources to assess relative safety and any directional changes over time. Consider reviewing multi-year city and county reports to understand trajectory rather than relying on a single snapshot.
Regional employers provide a diversified employment base that can support renter demand through commute-accessible jobs. Notable nearby names include Con Agra Foods and International Paper.
- Con Agra Foods food processing (26.7 miles)
- International Paper packaging & materials (31.0 miles)
Built in 1987 with 44 units, 2026 Barbara St competes well against an older local stock while offering clear value-add pathways through unit modernization and systems updates. Neighborhood occupancy trends rank above the metro median among 246 Fresno neighborhoods, supporting expectations for leasing stability. According to CRE market data from WDSuite, elevated ownership costs in the area reinforce renter reliance on multifamily housing, and a growing 3-mile household base points to a larger tenant pool over the medium term.
Near-term strategy can focus on operational efficiency and selective upgrades to capture demand in a submarket with top-quartile neighborhood occupancy and above-median amenity access for daily needs. School quality trails national averages and certain lifestyle amenities are thinner, which suggests conservative underwriting for family-heavy unit mixes and a focus on retention through service and convenience.
- 1987 vintage vs. older neighborhood stock supports competitive positioning with targeted renovations
- Neighborhood occupancy in top quartile nationally indicates strong leasing fundamentals
- Elevated ownership costs sustain renter demand supports pricing power and retention
- 3-mile household growth expands the tenant base underpins long-term absorption
- Risks: below-average school ratings and limited niche amenities underwrite conservatively for family segments