| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 79th | Good |
| Demographics | 60th | Good |
| Amenities | 42nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 545 Markham Ave, Vacaville, CA, 95688, US |
| Region / Metro | Vacaville |
| Year of Construction | 1972 |
| Units | 30 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
545 Markham Ave Vacaville Multifamily Investment
Neighborhood occupancy is currently full and renter concentration is substantial at the neighborhood level, supporting stable tenant demand according to WDSuite’s CRE market data. Elevated home values in the area point to a high-cost ownership market that can reinforce reliance on multifamily rentals.
Situated in Vacaville within the Vallejo, CA metro, the neighborhood ranks 27 out of 98 metro neighborhoods, which is competitive among Vallejo neighborhoods. For investors, the key near-term demand signal is neighborhood occupancy measured at the neighborhood level, which is currently at full, indicating tight local supply and support for lease retention and pricing discipline.
Livability inputs skew practical for day-to-day needs: grocery access is strong (top decile nationally), and childcare density is high, while parks, pharmacies, and cafes are more limited within neighborhood bounds. Average school ratings trend around the national midpoint, which neither materially boosts nor detracts from renter appeal for most workforce households.
Within a 3-mile radius, demographics show modest population growth and a projected increase in households, which expands the prospective renter pool and supports occupancy stability. Median household incomes are high for the region and have grown meaningfully, while rent-to-income ratios at the neighborhood level suggest manageable affordability pressure — a constructive backdrop for lease performance and renewal rates.
The renter-occupied share of housing units is near half at the neighborhood level, indicating a deep tenant base for multifamily. At the same time, elevated for-sale home values (top decile nationally) imply a high-cost ownership market that can sustain multifamily demand by keeping a larger share of households in rental housing, particularly for well-maintained properties offering functional finishes and reliable operations.
Safety indicators for the neighborhood sit below the national median, with overall crime outcomes around the 37th percentile nationwide. Within the Vallejo, CA metro context, conditions are broadly middle of the pack rather than a top- or bottom-tier outlier among the 98 neighborhoods. Investors typically translate this profile into practical measures: emphasize lighting, access control, and visible property management to support resident retention.
Recent trends show property and violent offense measures tracking below national medians, so underwriting may warrant conservative assumptions for security spend and tenant screening while recognizing that outcomes can vary block to block. Framing safety comparatively — below national averages but not the weakest in the metro — helps calibrate expectations without overstating risk.
Regional employment is diversified across healthcare, packaging/paper, and corporate services within commuting range, supporting renter demand through steady white- and blue-collar job bases. The nearby anchors below provide a realistic draw for residents prioritizing commute convenience.
- Xerox State Healthcare — healthcare technology/services (27.7 miles)
- International Paper — packaging & paper (27.8 miles)
- Cardinal Health — medical distribution (32.3 miles)
- Clorox — consumer products (41.8 miles) — HQ
- Chevron — energy corporate offices (41.8 miles) — HQ
545 Markham Ave is a 30-unit property built in 1972, positioned in a neighborhood that is competitive within the Vallejo metro. At the neighborhood level, occupancy is measured as full and the renter-occupied share is substantial, indicating a deep tenant base and support for lease stability. Elevated ownership costs in the area further sustain multifamily demand by keeping households in rentals, particularly for well-run assets.
The 3-mile trade area shows population growth and a projected increase in households, alongside high and rising incomes that can support rent growth while keeping rent-to-income pressures manageable. According to CRE market data from WDSuite, local amenities skew toward strong daily needs (notably grocery and childcare), which helps retention even as parks and cafes are less concentrated. Given its 1972 vintage, investors should plan for ongoing capital improvements and value-add upgrades to maintain competitiveness versus newer product.
- Tight neighborhood occupancy and sizable renter-occupied share support stable leasing and renewal rates.
- High-cost ownership market reinforces reliance on rentals, aiding pricing power for well-managed assets.
- 3-mile radius shows growth in population and households with strong incomes, expanding the renter pool.
- Daily-needs amenities (grocery, childcare) support livability and resident retention despite fewer parks/cafes nearby.
- Risks: below-median national safety profile and a 1972 vintage imply thoughtful security, CapEx planning, and active management.