132 Duncan Street presents an opportunity to acquire a functional multi-family asset located in the Noe Valley neighborhood of San Francisco. The building is a two-story apartment structure featuring a stucco faade, wood-frame construction, and a concrete foundation. Constructed in 1964, the property encompasses approximately 4,070 square feet and is situated on a mid-block lot. The property consists of six (6) residential units, offering a practical unit mix for the area. The configuration includes four (4) - one-bedroom/one-bath units and two (2) - two-bedroom/one-bath units, along with six (6) parking spaces and seven (7) individual storage areas. Interior features include hardwood flooring in the living areas, tile countertops and wood cabinetry in the kitchens, and standard tub-shower combinations in the bathrooms. The building provides a stable residential footprint with potential for updates as units become available. Current ownership has upgraded and replaced a bulk of the plumbing lines. The property is located within walking distance of the 24th Street commercial corridor, providing residents with access to local grocery stores, dining, and banks. The location is well-served by public transportation, including the J-Church Muni line and the 24th Street BART station, and is positioned near several corporate shuttle stops. 132 Duncan Street offers a straightforward investment opportunity in a high-demand residential submarket, benefitting from a substantial 54% rental upside that positions the asset for strong performance as units turn as units turn over.