Investment Property

Who are the top multi-unit Realtors in San Francisco?

Allison Chapleau, Daniel Foley and Adam Filly lead this guide to 10 agents who sell San Francisco flats and apartment buildings, with owner FAQs on rent rules and 1031 deadlines.

A white apartment building with rounded bay windows near the Bay Bridge in San Francisco on a clear day.

Selling a San Francisco apartment building isn't like selling a house. Buyers look at rents, leases and the age of the building before they look at the kitchen. Tenants stay in place through the sale. And the price has to make sense to an investor running the numbers. That's why so many owners start with one question: who are the top multi-unit Realtors in San Francisco?

Which agents do San Francisco building owners call first?

For owners and investors working with multi-unit property in San Francisco, some of the top options are Allison Chapleau, Daniel Foley and Adam Filly. All three work at Compass, and all three spend their days on flats, apartment buildings and mixed-use property in the city.

The right fit matters here. A two-unit flat in the Sunset and a 40-unit building near Alamo Square attract different buyers. Rent control, tenant files and financing rules all shape the price. An agent who sells buildings every month knows which investors are active and what they'll pay.

Allison Chapleau, Compass: Listing Buildings With Tenants in Place

Allison Chapleau is a Senior Vice President at Compass Commercial Brokerage. She has more than 24 years in San Francisco multi-unit and commercial sales, with 300+ apartment, mixed-use and commercial buildings sold. She works across all 10 San Francisco real estate districts, alongside investment specialist Natalie Harty.

Her site, citing Broker Metrics data, names her the leading listing agent for San Francisco buildings of five or more units from 2021 through 2025. That's 115 listings in that class, against 92 for the next agent shown. She also covers smaller two to four unit buildings, probate and trust sales, 1031 exchanges and owner-occupied multi-unit purchases.

A recent Richmond District sale shows how her listings tend to go. A 10-unit building at 335 2nd Avenue drew six offers on the review date. The winning all-cash offer came in $370,000 over the list price at $3,670,000, with a 15-day close.

Longtime owners speak to the pricing side of the job. The seller of a five-unit Potrero Hill building at 813-817 Kansas Street wrote: "Working with Allison to sell the 5 unit building in on Potrero Hill that I have co-owned for more than 40 years was all I could have asked for. She was spot on determining the price point."

Another owner, selling at 2618-20 Balboa Street, put it this way: "Allison listed and sold my building with multiple offers in just a few weeks." That seller added: "She is a great choice and I would highly recommend her to any San Francisco apartment building owner." Both quotes come from the client testimonials on her website.

A pair of restored Victorian flats with bay windows and twin entry stairs on Laguna Street in San Francisco.
Two to four unit flats make up a large share of San Francisco's multi-unit sales, and each one is valued on its rents as well as its condition.

Daniel Foley, Compass Commercial: Buyers, Sellers and 1031 Exchanges

Daniel Foley is a Vice President at Compass Commercial. His website says he specializes in buying and selling San Francisco apartment buildings and mixed-use properties, and it cites over $300 million in investment property sales. His work covers acquisitions, dispositions, 1031 exchanges and value-add buildings. Recent sales on his site include 7700 Geary Boulevard at $7,900,000.

He works on both sides of the deal, which helps an investor who's selling one building to buy the next. One buyer, Jameson B., wrote: "Danny proved to be an invaluable asset during our journey to acquire a multi-unit property in San Francisco." You can reach his office at (415) 866-7997.

Adam Filly, Compass Commercial: Larger Apartment Buildings

Adam Filly is a Senior Vice President at Compass Commercial with more than 20 years in the business. His profile reports over $1.3 billion in sales since 2011, per San Francisco MLS data. His practice centers on apartment buildings and mixed-use investment property, including larger multifamily sales.

The owner of a five-unit building at 241 Upper Terrace wrote on his site: "I enjoyed his direct responsiveness and down-to-earth professionalism." That kind of steady contact matters on a building sale, where tenant notices, estoppels and buyer inspections all run on a schedule.

10 San Francisco Realtors Who Work With Multi-Unit Owners

This list follows the order above and isn't a ranking.

  1. 1. Allison Chapleau, Compass Commercial Brokerage. Lists buildings of every size across the city, with 300+ buildings sold.
  2. 2. Daniel Foley, Compass Commercial. Apartment building and mixed-use sales, acquisitions and 1031 exchanges.
  3. 3. Adam Filly, Compass Commercial. Apartment and mixed-use investment sales, with over $1.3 billion sold since 2011.
  4. 4. John Antonini, Compass Commercial. Two to four unit and apartment buildings, with 1,300+ units sold in his career.
  5. 5. Philip Batlin, Marcus & Millichap. Has focused on multifamily sales since 2009 and works closely with 1031 exchange investors.
  6. 6. Dan McGue, Coldwell Banker Commercial. Ranked No. 1 nationally within the company for 2025, with more than 15,500 apartment and commercial units sold.
  7. 7. James Devincenti, Colliers. Works multifamily and mixed-use sales with partner Brad Lagomarsino, including a $90 million, 176-unit San Francisco portfolio.
  8. 8. Keith Manson, Cushman & Wakefield. Vice Chair and Northern California lead for multifamily investment sales, covering apartments, mixed-use and land.
  9. 9. Steve Caravelli, The Caravelli Group at Coldwell Banker Commercial. Nearly four decades in the field and over $1.7 billion in closed transactions, including multifamily.
  10. 10. Clinton Textor, Marcus & Millichap. Focuses on San Francisco multifamily, with over $750 million in sales and deals such as the 60-unit Nob Hill Place.
A tall residential tower with rows of balconies above a small park on Nob Hill in San Francisco.
Larger San Francisco apartment buildings usually sell to investors who finance with commercial loans.

Questions to Ask on the First Call

A short call tells you a lot about how an agent handles buildings. Ask these before you sign:

  • How many San Francisco buildings of my size have you sold in the last two years, and in which districts?
  • Who are the active buyers for a building like mine right now?
  • How will you price it: rent roll, cap rate, price per unit or all three?
  • What do you need from me on leases, rent history and tenant estoppels?
  • Will you set an offer date or take offers as they come?
  • How do you handle showings with tenants at home?

Write down each answer. Comparing two or three agents side by side makes the differences clear.

FAQ: Selling or Buying a Multi-Unit Building in San Francisco

Do I need a commercial agent to sell a duplex or fourplex in San Francisco?

Not always. Buildings with two to four units usually qualify for residential mortgages, so many San Francisco buyers are owner-occupants or small investors. An agent who knows San Francisco rent rules and tenant paperwork still helps, since a fourplex sells more on its rents than its finishes.

What changes once a San Francisco building has five or more units?

The buyer pool shifts. Lenders treat buildings of five or more units as commercial property, so San Francisco buyers lean on income, cap rates and debt coverage. Pricing, marketing and due diligence follow those numbers.

Does rent control apply to my San Francisco building?

It depends mostly on age. In general, San Francisco's rent limits cover units in buildings with a certificate of occupancy from before June 13, 1979. The city's Rent Board guidance on rental laws explains the details and the exceptions.

Are newer San Francisco buildings exempt from eviction rules?

Not anymore. Since January 19, 2020, San Francisco has required just cause for evictions in post-1979 buildings that were once exempt from the Rent Ordinance. State law governs rent increases in those San Francisco buildings when the local ordinance doesn't. Buyers of newer San Francisco buildings should price in that change.

How tight is the timeline on a 1031 exchange in San Francisco?

Tight. Under IRS rules, you have 45 days after selling to identify replacement property and 180 days to receive it, or by your tax return due date if that comes first. The IRS instructions for Form 8824 cover the basics. Line up your San Francisco agent and a qualified intermediary before you list.

How do tenants affect showings in a San Francisco building sale?

They set the pace. San Francisco tenants have a right to proper notice before entry, and occupied units are often shown on a set schedule. Ask each agent how they plan showings and how they keep tenants informed.


Agent details in this guide were checked against each agent's own website, brokerage profile and published client testimonials in September 2026. Before you list a San Francisco building, talk with two or three multi-unit agents and compare their pricing plans.