Two-Unit Side-by-Side
For Sale
$1,679,000
105-107 Elizabeth Way, San Rafael, CA 94901
Both residences include private outdoor decks, fireplaces, and two full bathrooms.
Property Size2,240 SF
Price / SF$749.55
Days on Market27
Property Features for 105-107 Elizabeth Way
General Information
Standard status
Active
Size
2,240 SF
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Amenities
fireplace
decks
shared laundry room
separate storage areas
Building Details
Year Built
1974
Listing Agency:
Coldwell Banker Realty
Listed By:
Eric Blomendale · License #01164109
(415) 599-9094
Source:
Somorealty
Added: Oct 8
Changed: Nov 3
Last Checked: Nov 3 at 8:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,240-square-foot duplex in San Rafael’s Fair Hills Manor neighborhood comprises two adjacent residences. Each home has two bedrooms, two full bathrooms, an open living area, and a fireplace. Decks extend the living areas outdoors, and the interiors feature engineered wood and vinyl flooring. The building was constructed in 1974.
Shared amenities include covered parking and a laundry room. Each residence also has its own storage area.
Shared amenities include covered parking and a laundry room. Each residence also has its own storage area.
Key Highlights
- 2,240‑square‑foot duplex built in 1974
- Two residences, each with 2 bedrooms and 2 full bathrooms
- Open living area and fireplace in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,186
Cap Rate
4.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,503,720
$1.5M
Cap Rate 7%
$1,074,086
$1.1M
Cap Rate 9%
$835,400
$835.4K
Market Conditions
NOI Build-Up for 2,240 SF
Gross rent
$114.2K $51.00/SF
− Vacancy
−$6.8K −$3.05/SF
EGI
$107.4K $47.95/SF
− OpEx
−$32.2K −$14.39/SF
NOI
$75.2K $33.57/SF
Area
Marin County, CA
Vacancy
5.98%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,503,720
Cap Rate 7%
$1,074,086
Cap Rate 9%
$835,400
Alternative Uses
Best Use
Multifamily LT 5
$1.07M
$939.8K – $1.25M
NOI $75,186 @ 7.0% cap · market cap 4.48%
Second Best
Apartment 5plus
$463.6K
$405.6K – $540.8K
NOI $32,449 @ 7.0% cap · market cap 1.93%
Theoretical Best
Specialty Retail
$10.94M
$9.57M – $12.77M
NOI $765,904 @ 7.0% cap · market cap 45.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
335
Businesses Nearby
Explore this area
Business Placement
Demographics for 94901, CA
43,338
Population
16,412
Households
2.6
Avg Household Size
40
Median Age
48%
College-Educated
82%
High-School Grad
13.1 sq mi
ZIP Area
3,308
Density / Sq Mi
$108,837
Median Household Income
$50,122
Median Earnings
$2,229
Median Rent
$1,369,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences include private outdoor decks, fireplaces, and two full bathrooms.
Where is this duplex located?
The property is located at 105-107 Elizabeth Way San Rafael, CA.
What is the asking price?
The asking price for this property is $1,679,000.
What are key features of this property?
This property features: 2,240‑square‑foot duplex built in 1974; Two residences, each with 2 bedrooms and 2 full bathrooms; Open living area and fireplace in each unit
