Residential Duplex With
For Sale
$1,600,000
509-511 44th Avenue, San Francisco, CA 94121
Two matching flats provide separate residential layouts, with shared laundry infrastructure and a paved rear yard.
Property Size2,600 SF
Price / SF$615.38
Days on Market64
Property Features for 509-511 44th Avenue
General Information
Standard status
Active
Size
2,600 SF
Total Parking Spaces
2
Property subtype
Duplex
Occupancy
100%
Site & Location
Neighborhood
Outer Richmond
Public Transit
Yes
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
laundry infrastructure
paved backyard
Building Details
Building Size
2,600 SF
Year Built
1948
Buildings
1
Tenancy
Multi
Listing Agency:
Metapoint
Listed By:
Susie Lee
(415) 933-7893
Source:
Kindredsfhomes
Added: Aug 26
Changed: Oct 27
Last Checked: Oct 27 at 3:35AM
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 Metapoint
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1948 duplex contains two matching flats, each configured with two bedrooms and one bathroom. A tunnel entrance provides access to the residences, which include living rooms, formal dining rooms, full bathrooms with separate tubs and shower stalls, and kitchens with ample counter and cabinet space. The property also has a side-by-side two-car garage, laundry infrastructure, and a paved backyard. Both units are tenant-occupied, and viewing is limited to drive-by observation.
The property is on a residential street in San Francisco, near MUNI service on Geary Boulevard and Balboa Street. Ocean Beach, Lands End, Sutro Heights, and Golden Gate Park are among the nearby outdoor destinations. Commercial corridors and local dining are also in the surrounding area.
The property is on a residential street in San Francisco, near MUNI service on Geary Boulevard and Balboa Street. Ocean Beach, Lands End, Sutro Heights, and Golden Gate Park are among the nearby outdoor destinations. Commercial corridors and local dining are also in the surrounding area.
Key Highlights
- Two tenant‑occupied flats, each with 2 bedrooms and 1 bathroom
- 1948 construction
- Side‑by‑side 2‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$92,403
Cap Rate
5.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,848,060
$1.8M
Cap Rate 7%
$1,320,043
$1.3M
Cap Rate 9%
$1,026,700
$1.0M
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$140.4K $54.00/SF
− Vacancy
−$8.4K −$3.23/SF
EGI
$132.0K $50.77/SF
− OpEx
−$39.6K −$15.23/SF
NOI
$92.4K $35.54/SF
Area
San Francisco, CA
Vacancy
5.98%
Lease Rate
$54.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,848,060
Cap Rate 7%
$1,320,043
Cap Rate 9%
$1,026,700
Alternative Uses
Best Use
Multifamily LT 5
$1.32M
$1.16M – $1.54M
NOI $92,403 @ 7.0% cap · market cap 5.78%
Second Best
Apartment 5plus
$1.21M
$1.06M – $1.41M
NOI $84,414 @ 7.0% cap · market cap 5.28%
Theoretical Best
Specialty Retail
$12.70M
$11.11M – $14.82M
NOI $888,995 @ 7.0% cap · market cap 55.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,005
Businesses Nearby
Explore this area
Business Placement
Demographics for 94121, CA
43,115
Population
19,742
Households
2.2
Avg Household Size
42
Median Age
64%
College-Educated
92%
High-School Grad
2.5 sq mi
ZIP Area
17,246
Density / Sq Mi
$138,353
Median Household Income
$74,646
Median Earnings
$2,327
Median Rent
$1,634,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two matching flats provide separate residential layouts, with shared laundry infrastructure and a paved rear yard.
Where is this duplex located?
The property is located at 509-511 44th Avenue San Francisco, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Two tenant‑occupied flats, each with 2 bedrooms and 1 bathroom; 1948 construction; Side‑by‑side 2‑car garage
