| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 71st | Best |
| Demographics | 30th | Fair |
| Amenities | 73rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1343 S Dora St, Ukiah, CA, 95482, US |
| Region / Metro | Ukiah |
| Year of Construction | 2000 |
| Units | 53 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1343 S Dora St Ukiah Multifamily Opportunity
Neighborhood fundamentals point to stable renter demand, with occupancy above the metro median and a high share of renter-occupied units, according to WDSuite’s CRE market data. This positioning supports consistent leasing conditions for investors in Ukiah, California.
Livability drivers in the neighborhood support multifamily performance. Amenity access is strong by regional standards: cafes and restaurants rank near the top among 51 Ukiah metro neighborhoods, and grocery and pharmacy density is similarly competitive. However, neighborhood park access is limited, and average school ratings skew low, which may affect family-oriented demand strategies. All referenced metrics reflect neighborhood conditions, not this property.
From an investment standpoint, the neighborhood’s occupancy is above the metro median (ranked 9 out of 51), indicating relatively steady leasing conditions. The renter-occupied share of housing units is high (approximately six in ten), signaling depth in the tenant base for multifamily assets. Median contract rents in the neighborhood sit above national midpoints, while rent-to-income levels suggest manageable affordability pressure—supportive of retention with prudent lease management.
Vintage matters: the property was built in 2000, newer than the neighborhood’s average vintage of 1981. This typically enhances competitive positioning versus older stock, though investors should still plan for periodic system updates or light modernization to maintain appeal.
Within a 3-mile radius, population and household counts have grown in recent years, with forecasts calling for further gains in households over the next five years. This expansion implies a larger tenant base and supports occupancy stability. At the same time, elevated home values in the neighborhood relative to national benchmarks and a high value-to-income ratio point to a high-cost ownership market—conditions that tend to sustain reliance on rental housing and can bolster multifamily demand.
Safety indicators show the neighborhood performs below national averages, with overall crime metrics in the lower national percentiles. Within the Ukiah metro, the neighborhood ranks 36 out of 51 for crime, placing it below the metro median. Nationally, overall safety sits in roughly the lower-third percentiles, and property offenses are weaker than national norms. These figures reflect neighborhood-level trends, not the property.
Investors typically address this by emphasizing professional management, lighting and access controls, and resident engagement. Monitoring local trend direction and coordinating with management on preventive measures can help support leasing and retention outcomes over time.
This 53-unit asset built in 2000 is positioned in a neighborhood with above-median occupancy and a deep renter base, supporting stable leasing. According to CRE market data from WDSuite, amenity access is competitive across food, beverage, and daily-needs retail, while elevated ownership costs in the area tend to sustain renter reliance—favorable for multifamily demand. The 2000 vintage is newer than the neighborhood’s average stock, suggesting competitive positioning versus older properties, though investors should budget for ongoing system refreshes.
Demand signals extend beyond the immediate blocks: within a 3-mile radius, recent and forecast growth in population and households points to a larger tenant base and supports occupancy stability. Counterpoints include lower average school ratings, limited park access, and safety metrics that trail national averages, which call for attentive asset management and targeted marketing.
- Above-median neighborhood occupancy and strong renter concentration support steady leasing
- 2000 construction offers competitive positioning versus older local stock with manageable modernization needs
- Elevated ownership costs reinforce rental demand and can aid pricing power with disciplined lease management
- 3-mile population and household growth expands the tenant base and supports occupancy stability
- Risks: below-average school ratings, limited parks, and safety metrics below national medians require proactive management