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Two-Unit Residential Duplex
For Sale
$1,380,000

2039 D STREET, Hayward, CA 94541

Residential Income, Hayward, CA

Property Size2,529 SF
Lot Size0.46 Acres
Price / SF$545.67
Days on Market10

Property Features for 2039 D STREET

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 11
Full bathrooms 11
Rooms Bathroom 11, Bedroom 4, Bathroom 8, Bathroom 1, Bathroom 4, Bedroom 5, Bathroom 2, Bedroom 2, Bedroom 6, Bedroom 1, Bathroom 7, Bathroom 9, Bathroom 5, Bathroom 3, Bathroom 10, Bathroom 6, Bedroom 3
Parking features Garage
Window features Double Pane Windows
Subdivision Fairview
Lot features 2 Houses / 1 Lot
View Forest
Directions FOOTHILL BLVD TO D STREET.
Standard status Active
APN 426608
Size 2,529 SF
Lot size 0.46 Acres

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Ceiling Fan(s)
Water source Public

Building Details

Year built 1950
Number of units 2
Flooring type Carpet - Partial, Laminate
Building materials Stucco
Roof type Composition
Listing Agency: Independent Rl Est Brokers
Listed By: Kam Tang
Added: Sep 29 Changed: Oct 7 Last Checked: Oct 8 at 3:06PM
MLS# 41149734

Copyright © 2026 Bay East. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex property comprises two houses on a 0.46-acre lot, with a combined 2,529 square feet. Each residence has three bedrooms, two bathrooms, and a one-car garage. One home features an updated kitchen, remodeled bathrooms, dual-pane windows, and ceiling fans. The property was built in 1950.

San Felipe Park is across the street. The property is near BART, banking, restaurants, and shopping, with access to I-580, Route 238, and I-880 for commuting.

Key Highlights

  • Two houses on a 0.46‑acre lot
  • 2,529 square feet combined
  • Each home has 3 bedrooms, 2 bathrooms, and a 1‑car garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$54,524
Cap Rate
3.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,090,480 $1.1M
Cap Rate 7%
$778,914 $778.9K
Cap Rate 9%
$605,822 $605.8K
Market Conditions
NOI Build-Up for 2,529 SF
Gross rent
$81.9K $32.40/SF
− Vacancy
−$4.0K −$1.60/SF
EGI
$77.9K $30.80/SF
− OpEx
−$23.4K −$9.24/SF
NOI
$54.5K $21.56/SF
Area
Hayward, CA
Vacancy
4.94%
Lease Rate
$32.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,090,480
Cap Rate 7%
$778,914
Cap Rate 9%
$605,822

Alternative Uses

Best Use
Multifamily LT 5
$778.9K
$681.6K – $908.7K (±1% cap)
NOI $54,524 @ 7.0% cap · market cap 3.95%
Second Best
Apartment 5plus
$700.8K
$613.2K – $817.6K (±1% cap)
NOI $49,053 @ 7.0% cap · market cap 3.55%
Theoretical Best
Office A
$781.8K
$684.1K – $912.1K (±1% cap)
NOI $54,724 @ 7.0% cap · market cap 3.97%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Restaurant Pharmacy HVAC Service Building Supply Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

328
Businesses Nearby

Demographics for 94541, CA

69,736
Population
23,217
Households
3
Avg Household Size
36
Median Age
30%
College-Educated
82%
High-School Grad
7.5 sq mi
ZIP Area
9,298
Density / Sq Mi
$106,556
Median Household Income
$52,023
Median Earnings
$2,229
Median Rent
$781,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two detached homes share a parcel, with garage parking and updates to one residence.
Where is this duplex located?
The property is located at 2039 D STREET Hayward, CA.
What is the asking price?
The asking price for this property is $1,380,000.
What are key features of this property?
This property features: Two houses on a 0.46‑acre lot; 2,529 square feet combined; Each home has 3 bedrooms, 2 bathrooms, and a 1‑car garage
More about this property
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