Residential Income Duplex
474 2nd Avenue San Francisco, CA 94118
For Sale
$1,750,000
Two-unit duplex includes a vacant 3-bedroom unit with den plus a 1-bedroom unit with den and outdoor deck access.
Property Size1,850 SF
Price / SF$945.95
Days on Market288
Property Features for 474 2nd Avenue
General Information
- Standard status
- Active
- Size
- 1,850 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1910
Listing Agency:
Heritage Realty
(650) 867-7237
Listed By:
Janay Michaud · License #01159101
(650) 867-7237
Source:
Exitrealty
Added: Oct 10, 2025
Changed: Jul 22
Last Checked: Jul 23 at 7:59AM
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 Heritage Realty
Investment Insights
Based on property information with market context.
This duplex features two residential units set up across two levels, with outdoor space including a back patio deck and access to a shared yard. The vacant unit is a 3-bedroom, 2-bath layout with a den and includes garage parking, hardwood floors, carpeted areas, a granite counter kitchen with stainless steel appliances, and a separate dining room and living room. A second washer/dryer hook is noted in the garage for this unit.
The second unit is a 1-bedroom, 1-bath plus den configuration with an updated kitchen, single-level layout, and a back deck area leading to the shared backyard. The property also includes a non-permitted 1-bedroom, 1-bath updated unit located in the garage area, with washer/dryer connections in the garage.
Set in a popular Inner Richmond location, the property is described as only a couple of blocks from shops and restaurants, UCSF Med Center, parks, and with easy access to transportation.
The second unit is a 1-bedroom, 1-bath plus den configuration with an updated kitchen, single-level layout, and a back deck area leading to the shared backyard. The property also includes a non-permitted 1-bedroom, 1-bath updated unit located in the garage area, with washer/dryer connections in the garage.
Set in a popular Inner Richmond location, the property is described as only a couple of blocks from shops and restaurants, UCSF Med Center, parks, and with easy access to transportation.
Key Highlights
- Two‑unit duplex built in 1910 with a vacant 3‑bedroom, 2‑bath unit plus den
- 3‑bedroom unit features granite counter kitchen, stainless steel appliances, separate dining and living rooms
- Garage parking included and the 3‑bedroom unit has laundry hook‑ups with a second washer/dryer hook in the garage
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $99.9k | $54.00 |
| − Vacancy | −$6.0k | −$3.23 |
| EGI | $93.9k | $50.77 |
| − OpEx | −$28.2k | −$15.23 |
| NOI | $65.7k | $35.54 |
1,850 SF · lease $54.00/SF/yr · vacancy 5.98% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$939.3K
$821.9K – $1.10M
NOI $65,748 @ 7.0% cap · market cap 3.76%
Second Best
Apartment 5plus
$858.1K
$750.8K – $1.00M
NOI $60,064 @ 7.0% cap · market cap 3.43%
Theoretical Best
Specialty Retail
$9.04M
$7.91M – $10.54M
NOI $632,554 @ 7.0% cap · market cap 36.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-unit duplex includes a vacant 3-bedroom unit with den plus a 1-bedroom unit with den and outdoor deck access.
Where is this duplex located?
The property is located at 474 2nd Avenue San Francisco, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1910 with a vacant 3‑bedroom, 2‑bath unit plus den; 3‑bedroom unit features granite counter kitchen, stainless steel appliances, separate dining and living rooms; Garage parking included and the 3‑bedroom unit has laundry hook‑ups with a second washer/dryer hook in the garage
