San Francisco Residential 5+ Unit Building Q3 Report

5+ Unit Multi-Family Building Markets 12 Months Sales, by San Francisco Realtor District*

How these analyses apply to any particular property is unknown without a specific comparative market analysis.

San Francisco Realtor District

Median Sales Price

Median $/Sq.Ft.

Median # of Units

Median Size (Sq.Ft.)

Median GRM/ Cap Rate*

Avg. Days on Market

Pacific & Presidio Heights, Cow Hollow & Marina (D7) Noe, Eureka & Cole Valleys; Ashbury & Corona Hghts (D5) Lake Street, Richmond District, Jordan Park (D1) NoPa, Alamo Square, Hayes Valley, Lwr Pacific Heights (D6) Russian, Nob & Telegraph Hills; North Beach (D8, North) Sunset, Parkside (District 2)

$4,850,000 $487/sq.ft.

12 units

8370 sq.ft.

12.5/ 5.3

32 days

$2,350,000 $365/sq.ft.

6 units

6319 sq.ft.

11.0/ 5.9

56 days

$2,675,000 $371/sq.ft.

10 units

7012 sq.ft.

10.8/ 6.1

50 days

$2,810,000 $383/sq.ft.

7 units

8569 sq.ft.

11.0/ 6.0

48 days

$2,550,000 $408/sq.ft.

10 units

7416 sq.ft.

11.4/ 6.0

60 days

$2,250,000 $387/sq.ft.

6 units

4852 sq.ft.

11.3/ 6.3

55 days

Mission, Bernal Heights, Potrero Hill, SoMa (D9)

$1,700,000 $311/sq.ft.

6 units

5860 sq.ft.

10.3/ 6.7

65 days

Downtown, Tenderloin, Civic Center (D8, South)

$1,895,0000 $215/sq.ft. Too few sales 9420 sq.ft.

Too few sales

49 days

* GRM = Gross Rent Multiple. Median price is that price at which half the sales occurred for more and half for less. Dollar per square foot is based upon the building’s interior living space and does not include garages, storage, unfinished attics and basements, or rooms built without permit. Cap rate measures the % return on investment – income less expenses – if the property was purchased all cash. These statistics are gross generalities for sales with wide disparities in size, quality, condition, tenant profile, rent control factors, and values. Realtor districts contain neighborhoods of varying values. Not all sales are reported to MLS.

*12 months sales reported to NorCal MLS Alliance by late September 2025. Data from sources deemed reliable but may contain errors and subject to revision. Not all sales reported the data used in this analysis. May include some mixed-use properties. All numbers approximate and may change with late-reported sales.

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