| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 52nd | Poor |
| Demographics | 28th | Fair |
| Amenities | 79th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 411 S Stanislaus St, Stockton, CA, 95203, US |
| Region / Metro | Stockton |
| Year of Construction | 2011 |
| Units | 47 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
411 S Stanislaus St Stockton Multifamily Investment
This 2011-built, 47-unit property benefits from high renter density and strong amenity access in a neighborhood where 76.8% of housing units are renter-occupied, according to CRE market data from WDSuite.
This Inner Suburb neighborhood ranks in the top quartile among 179 metro neighborhoods for renter density, with 76.8% of housing units occupied by renters compared to typical suburban markets. The area demonstrates strong amenity access, ranking 7th among metro neighborhoods for overall amenities and achieving the 99th national percentile for both grocery stores and restaurants per square mile.
The 2011 construction year positions this property as newer than the neighborhood average of 1931, potentially reducing near-term capital expenditure needs while maintaining competitive positioning. Within a 3-mile radius, demographic data shows a population of approximately 112,000 with 55.2% renter-occupied housing units, supporting sustained rental demand.
Neighborhood-level occupancy sits at 78.4%, though this reflects broader market dynamics rather than property-specific performance. The median contract rent of $728 in the immediate neighborhood creates affordability pressure considerations for lease management, while projected household income growth of 56.4% through 2028 may support future rent growth potential.
The area's high amenity density, including extensive restaurant and grocery access, supports tenant retention fundamentals. However, investors should monitor the relatively low educational attainment levels, with only 6.8% of residents holding bachelor's degrees, which may influence long-term demographic trends and rental demand sustainability.
Safety metrics show mixed signals requiring careful evaluation. The neighborhood ranks 99th out of 179 metro neighborhoods for overall crime, placing it near the middle of the local market. Property crime rates rank in the lower tier nationally at the 3rd percentile, though recent trends show improvement with a 24.1% decrease in property offenses year-over-year.
Violent crime rates also trend downward, declining 27.1% annually and ranking in the 73rd percentile nationally for improvement trends. While current absolute crime levels remain elevated compared to national averages, the improving trajectory suggests positive momentum that may support tenant retention and property values over time.
The broader Stockton area provides access to major corporate employers within commuting distance, supporting workforce housing demand for the regional employment base.
- Clorox — consumer products (7.0 miles)
- Ross Stores — retail headquarters (37.2 miles) — HQ
- The Clorox Company — consumer products (38.5 miles)
- Chevron — energy headquarters (39.4 miles) — HQ
- DISH Network Distribution Center — telecommunications (40.4 miles)
This 47-unit property capitalizes on strong rental fundamentals in a market where renter-occupied housing represents 76.8% of units, well above typical suburban levels. The 2011 vintage offers reduced capital expenditure risk compared to the neighborhood's 1931 average construction year, while maintaining competitive positioning for tenant attraction and retention.
Demographic projections within a 3-mile radius indicate household growth of 39.5% through 2028, expanding the potential tenant base substantially. However, investors should factor affordability considerations given current rent-to-income ratios and monitor crime trends despite recent improvements, according to multifamily property research from WDSuite.
- High renter density (76.8%) supports consistent rental demand
- 2011 construction reduces near-term capital expenditure needs
- Projected 39.5% household growth through 2028 expands tenant pool
- Strong amenity access supports tenant retention fundamentals
- Risk consideration: Monitor affordability pressure from current rent-to-income ratios