$1,275,000
OPEN TUE 2PM - 4PM
10 Beds
2 Baths
2,400 Sq Ft
$531 Price per Sq Ft

About This Home

Perched on a sunny corner in sought-after Potrero Hill, 1401-1407 Rhode Island Street presents a rare opportunity to own a classic four-unit Edwardian building with character, light, and compelling investment fundamentals. Each of the four spacious 1-bedroom residences showcases timeless period charm, highlighted by beautiful bay windows with desirable south and west exposures filling the homes with natural light and offering delightful outlooks, including partial views. Interiors feature warm hardwood floors, inviting living spaces, and functional layouts that appeal to both tenants and future owner/occupants. The property sits on a prime corner lot, benefiting from excellent curb appeal and easy street parking an uncommon advantage in San Francisco. Its location offers exceptional connectivity with quick access to Highways 101 and 280, as well as nearby Muni lines and Caltrain, making commuting throughout the Bay Area seamless. Investment highlights include: Four (4) charming Edwardian 1BR units. Strong in-place income with a 6.0% CAP rate. No OMI or Ellis Act history. Desirable tenant location with enduring rental demand. Classic architecture with upside potential. This is a standout opportunity to acquire a well-located, character-rich asset in one of San Francisco's most beloved neighborhoods ideal for investors seeking stable returns with long-term appreciation potential.

Listing Agent

Trecia Knapp

City Real Estate License #DRE #01412024 Listed on: 03/30/2026

Open House Schedule

  • Tuesday, March 31, 2026
    2:00 to 4:00 pm
    3/31/2026 2:00:00 PM +00:00
    3/31/2026 4:00:00 PM +00:00

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1907

Home Design

  • Quadruplex

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 2 Full Bathrooms

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1907

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1907
  • Property Sub Type: Quadruplex
  • Co List Office Mls Id: CITYRE
  • PictureCountPublic: 10
  • BridgeModificationTimestamp: 2026-03-30T19:53:01.013Z
  • Special Features: OpenHouse

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 10
  • Total Bedrooms: 4
  • Stories: 2

Lot Info

  • Lot Features: None
  • Lot Size Units: Square Feet
  • Irrigation Water Rights: No

Green Features

Rental Info

  • Existing Lease Type: Net
  • Units Furnished: None
  • Total Actual Rent: 7510

Building Info

  • Number of Units Total: 4

Tax Info

  • Tax Tract: 0.00

Multi Family

  • Number Of Units Leased: 4
  • Number of Month to Month Units: 4

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,480 $882,434 $615,463 $266,906
2024 $11,480 $865,152 $603,396 $261,673
2023 $11,172 $848,207 $591,565 $256,543
2022 $10,910 $831,584 $579,966 $251,513
2021 $10,721 $815,327 $568,595 $246,732
2020 $10,779 $807,179 $562,765 $244,414
2019 $10,624 $791,360 $551,731 $239,629
2018 $10,265 $775,851 $540,913 $234,938
2017 $9,852 $760,646 $530,307 $230,339
2016 $9,668 $745,739 $519,909 $225,830
2015 $9,541 $734,544 $512,100 $222,444
2014 $9,300 $720,163 $502,069 $218,094
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2026 03/30/26 For Sale $1,275,000 -- $531 / Sq Ft
Source: San Francisco Association of REALTORS®

Source: San Francisco Association of REALTORS®

MLS Number: 426116508

San Francisco Association of REALTORS®
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