This Multifamily Property is no longer advertised on LoopNet.com.

1229 Rhode Island St
San Francisco, CA 94107
1225-1229 Rhode Island Street · Multifamily Property For Sale · 2 Units

Investment Highlights

  • Prime Potrero Hill Location – In one of San Francisco’s most desirable neighborhoods with excellent access to Mission Bay, SOMA, and the Financial Dis
  • Strong In-Place Cash Flow – Current rents generate $91,861 annual income, with market potential of $127,200.
  • Historic San Francisco Asset – Built in 1911 with classic architecture and lasting tenant demand.
  • Two-Unit Investment – Unit mix: (1) 3-Bed/1-Bath & (1) 2-Bed/1-Bath totaling ±2,000 SF.
  • Value-Add Upside – ±38% rental upside through unit turnover and achieving market rents.
  • High Tenant Demand – Walking distance to shops, restaurants, and public transit.

Property Facts

No. Units 2
Property Type Multifamily
Property Subtype Apartment
Lot Size 0.06 AC
Building Size 3,119 SF
No. Stories 2
Year Built 1911
Parking Ratio 0.64/1,000 SF
Zoning RH2 - Residential Housing

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 1 - -
3+1 1 - -

Property Taxes

Property Taxes

Parcel Number
4217-024
Land Assessment
$1,262,837
Improvements Assessment
$541,216
Total Assessment
$1,804,053
  • Listing ID: 38338700

  • Date on Market: 11/5/2025

  • Last Updated:

  • Address: 1229 Rhode Island St, San Francisco, CA 94107

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