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Craftsman Triplex
For Sale
$2,500,000

845 Fulton Street, San Francisco, CA 94117

Three residences comprise a three-bedroom main home and two lower-level one-bedroom apartments.

Property Size3,480 SF
Price / SF$718.39
Days on Market406

Property Features for 845 Fulton Street

General Information

Standard status Active
Size 3,480 SF
Property subtype Triplex

Site & Location

Neighborhood Hayes Valley

Units

Unit Mix 1 x 3BR/1.5BA, 2 x 1BR/1BA
Multifamily Units 3

Amenities

backyard

Building Details

Building Size 3,480 SF
Year Built 1887
Buildings 1
Listing Agency: Pacific Coast Realtors
Listed By: Elaine Maningas · License #01323341
Source: Homesbyperch
Added: Sep 17, 2025 Changed: Oct 26 Last Checked: Oct 26 at 2:48PM

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 Pacific Coast Realtors

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Investment Insights

Based on property information with market context.

This 3,480-square-foot triplex, built in 1887, contains three residences with a total of six bedrooms and three and a half bathrooms. The main residence has three bedrooms and one and a half bathrooms, with a parlor, living room, formal dining room, original kitchen, and breakfast nook. Historic Craftsman details include custom glasswork, pocket doors, fireplaces, and crown molding. Two lower-level apartments each have one bedroom, one bathroom, a living room, and a kitchenette.

The property is at 845 Fulton Street in San Francisco. A backyard provides outdoor space for gardening and entertaining.

Key Highlights

  • 3,480‑square‑foot triplex built in 1887
  • Three residences with six bedrooms and three and a half bathrooms
  • Main residence includes three bedrooms, one and a half bathrooms, and a formal dining room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$123,678
Cap Rate
4.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,473,560 $2.5M
Cap Rate 7%
$1,766,829 $1.8M
Cap Rate 9%
$1,374,200 $1.4M
Market Conditions
NOI Build-Up for 3,480 SF
Gross rent
$187.9K $54.00/SF
− Vacancy
−$11.2K −$3.23/SF
EGI
$176.7K $50.77/SF
− OpEx
−$53.0K −$15.23/SF
NOI
$123.7K $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%
$2,473,560
Cap Rate 7%
$1,766,829
Cap Rate 9%
$1,374,200

Alternative Uses

Best Use
Multifamily LT 5
$1.77M
$1.55M – $2.06M (±1% cap)
NOI $123,678 @ 7.0% cap · market cap 4.95%
Second Best
Apartment 5plus
$1.61M
$1.41M – $1.88M (±1% cap)
NOI $112,985 @ 7.0% cap · market cap 4.52%
Theoretical Best
Specialty Retail
$17.00M
$14.87M – $19.83M (±1% cap)
NOI $1,189,886 @ 7.0% cap · market cap 47.60%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

8,084
Businesses Nearby

Demographics for 94117, CA

38,451
Population
19,709
Households
2
Avg Household Size
36
Median Age
78%
College-Educated
96%
High-School Grad
1.3 sq mi
ZIP Area
29,578
Density / Sq Mi
$175,096
Median Household Income
$106,542
Median Earnings
$2,786
Median Rent
$1,641,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three residences comprise a three-bedroom main home and two lower-level one-bedroom apartments.
Where is this triplex located?
The property is located at 845 Fulton Street San Francisco, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 3,480‑square‑foot triplex built in 1887; Three residences with six bedrooms and three and a half bathrooms; Main residence includes three bedrooms, one and a half bathrooms, and a formal dining room
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