Prime investment opportunity in San Francisco's highly desirable Outer Richmond / Sutro Heights neighborhood. This fully tenant-occupied, low-maintenance 1948 duplex features two well-proportioned, light-filled units totaling approximately 2,600 sq. ft. of living space. Positioned just blocks from Ocean Beach, Lands End, and Golden Gate Park, this property offers immediate, steady cash flow in a supply-constrained coastal submarket. With strong rental demand, identical classic layouts, and solid structural fundamentals, 509-511 44th Avenue represents an exceptional addition to any buy-and-hold portfolio or 1031 exchange. The building comprises two identical two-bedroom, one-bathroom flats (approx. 1,145 sq. ft. per unit), each designed with functional layouts that consistently attract long-term tenants. A classic tunnel entrance provides private access to each flat. Both residences feature expansive living rooms, formal dining rooms for flexible living configurations, and full bathrooms equipped with separate soaking tubs and shower stalls. The kitchens offer abundant counter space and cabinetry, accommodating efficient daily operations. The ground level includes a spacious two-car side by side garage providing ample room for tenant parking, and laundry infrastructure. To the rear, a low-maintenance paved backyard offers utility and outdoor space for occupants. Situated on a quiet residential street, the location provides proximity to MUNI transit along Geary Boulevard and Balboa Street, commercial corridors, highly rated local dining, and major natural attractions including Sutro Heights and the Lands End Trail. Both units are being sold tenant-occupied; drive-by viewing only. Do not disturb occupants. Showing schedules, rent roll, and disclosure packages are available upon request. (Photos are from previous listing when unit is vacant)
For sale
$1,600,000
509-511 44th Ave, San Francisco, CA 94121
4beds
2,600sqft
Duplex
Built in 1948
-- sqft lot
$-- Zestimate®
$615/sqft
$-- HOA
What's special
Functional layoutsTwo well-proportioned light-filled unitsLaundry infrastructure
- 6 days
- 1,002
- 48
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Susie Lee DRE #02054948 415-933-7893,
Metapoint 415-933-7893,
Bill Mar DRE #01363076 415-203-2363,
Metapoint
Source: SFAR,MLS#: 426157045
Originating MLS: San Francisco Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Appliances
- Laundry: Common Area
Interior area
- Total structure area: 2,600
- Total interior livable area: 2,600 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Lot
- Size: 1,875 Square Feet
- Features: None
Details
- Parcel number: 1500001B
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Condition
- Year built: 1948
Community & HOA
HOA
- Has HOA: No
Location
- Region: San Francisco
- Elevation: 0
Financial & listing details
- Price per square foot: $615/sqft
- Tax assessed value: $575,872
- Annual tax amount: $7,536
- Price range: $1.6M - $1.6M
- Date on market: 8/26/2026
- Cumulative days on market: 7 days
- Total actual rent: 6790
Estimated market value
Not available
Estimated sales range
Not available
$5,814/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2026 | Listed for sale | $1,600,000+14.3%$615/sqft |
Source: | ||
| 10/21/2025 | Sold | $1,400,000$538/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,536 +2.9% | $575,872 +2% |
| 2024 | $7,321 +1.6% | $564,582 +2% |
| 2023 | $7,202 +2.1% | $553,514 +2% |
| 2022 | $7,052 +1.9% | $542,662 +2% |
| 2021 | $6,922 -1.4% | $532,024 +1% |
| 2020 | $7,017 +3.5% | $526,572 +2% |
| 2019 | $6,780 +3.5% | $516,248 +2% |
| 2018 | $6,548 +6.1% | $506,128 +2% |
| 2017 | $6,172 +2.1% | $496,206 +2% |
| 2016 | $6,046 +1.3% | $486,478 +1.5% |
| 2015 | $5,966 +2.7% | $479,172 +2% |
| 2014 | $5,809 | $469,788 +0.5% |
| 2013 | -- | $467,668 +2% |
| 2012 | -- | $458,500 +2% |
| 2011 | -- | $449,539 +0.8% |
| 2010 | -- | $446,181 -0.2% |
| 2009 | -- | $447,241 +2% |
| 2008 | -- | $438,473 +2% |
| 2007 | -- | $429,876 +2% |
| 2006 | -- | $421,448 +2% |
| 2005 | -- | $413,185 +3.9% |
| 2003 | -- | $397,662 +2% |
| 2002 | -- | $389,866 +2% |
| 2001 | -- | $382,224 +2% |
| 2000 | -- | $374,729 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Sutro Heights
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