| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 24th | Poor |
| Demographics | 46th | Fair |
| Amenities | 51st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 300 N Main St, Medina, NY, 14103, US |
| Region / Metro | Medina |
| Year of Construction | 1980 |
| Units | 39 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
300 N Main St Medina NY Multifamily Investment
Neighborhood fundamentals point to steady workforce renter demand and manageable rent-to-income levels, according to WDSuite’s CRE market data. For investors, the mix of local services and a stable tenant base supports income durability with selective value-add upside.
Located in Medina’s Inner Suburb cluster within the Rochester, NY metro, the neighborhood carries a B rating and ranks above metro median (157 out of 359 neighborhoods). Local convenience is supported by service-oriented retail: restaurants and cafes are comparatively dense for a small market (each in the top quartile nationally), and pharmacy access is also strong. While formal parks and childcare options are limited, daily-needs coverage helps support day-to-day livability for renters.
At the neighborhood level, occupancy is reported near the high‑80s and has eased modestly over five years, signaling generally stable but competitive leasing conditions. The renter-occupied share is elevated relative to national norms (77th percentile), which points to a deeper tenant pool for multifamily operators and potential support for retention through cycles. Median contract rents remain low versus national benchmarks, which can temper near-term pricing power but aid in lease stability.
Housing costs for owners are comparatively low in this neighborhood (home values sit in the lower national percentiles), which can introduce some competition from entry-level ownership. For multifamily investors, this dynamic underscores the importance of product differentiation and convenience-driven amenities to sustain absorption and renewals. The neighborhood’s rent-to-income profile is favorable, suggesting lower affordability pressure and supporting consistent collections and tenant retention.
Within a 3-mile radius, demographics are broadly stable, with population roughly flat in recent years and WDSuite indicating a projected population dip alongside a rise in total households. That combination implies smaller household sizes and potential shifts in housing preferences, which can still sustain rental demand by broadening the renter pool even as overall headcount softens.
Comparable neighborhood-level safety metrics are not available in WDSuite’s dataset for this location. Investors typically benchmark conditions against the broader Rochester metro and rely on due diligence — including local law enforcement reports and property-level incident histories — to assess trend direction and operating implications.
Given the absence of ranked crime data, a practical approach is to focus on asset‑level controls (lighting, access systems) and management practices, along with daytime/evening site visits, to align underwriting assumptions with on-the-ground observations.
The area draws from a regional employment base across healthcare, logistics, life sciences, and financial services, which supports renter demand through commute access and diversified job nodes. Key nearby employers include UnitedHealth Group, FedEx Trade Networks, McKesson, Thermo Fisher Scientifc, and M&T Bank Corp.
- UnitedHealth Group — healthcare & insurance services (28.6 miles)
- FedEx Trade Networks — logistics & trade services (31.1 miles)
- McKesson — healthcare distribution (31.2 miles)
- Thermo Fisher Scientifc — life sciences (32.7 miles)
- M&T Bank Corp. — financial services (33.7 miles) — HQ
Built in 1980, the property is newer than much of the local housing stock, offering a relative edge versus older inventory while presenting classic value‑add angles as systems age and interiors modernize. Neighborhood occupancy trends indicate generally steady conditions, with a sizable renter-occupied base supporting demand depth. According to CRE market data from WDSuite, local rents sit below national norms, which can favor retention and collections even if it moderates near‑term rent growth.
Within a 3‑mile radius, recent population has been steady and is projected to soften while household counts rise — a signal of smaller household sizes and potentially broader renter participation. Ownership costs remain comparatively low in the area, so positioning and convenience will matter for leasing velocity; however, a strong mix of daily‑needs amenities and regional employment anchors can underpin occupancy stability for well-operated assets.
- 1980 vintage offers competitive positioning versus older neighborhood stock, with targeted modernization potential
- Elevated renter-occupied share supports a deeper tenant base and renewal potential
- Below‑national rent levels can aid occupancy and collections, supporting income durability
- Daily‑needs retail and regional employers help sustain demand and leasing stability
- Risks: occupancy has eased modestly, homeownership remains relatively accessible, and future renter share may drift lower — favoring assets with clear value‑add and operational execution