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    1131 W Arapahoe Ave Salt Lake City, UT 84104

    For Sale
    $599,000

    MULTI_FAMILY - Other - Salt Lake City, UT

    Property size:
    2,230 SF
    Lot size:
    0.14 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 7 at 9:06 pm

    Property Features for 1131 W Arapahoe Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Window features
    Blinds
    Rooms
    Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 4, Bedroom 2
    Bedrooms
    5
    Bathrooms
    3
    APN
    15-11-126-025
    Parking
    7
    Parking features
    Covered
    Interior features
    Range/Oven: Free Stdng.
    Exterior features
    Basement Entrance
    Size
    2,230 SF
    Lot size
    0.14 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air, Central

    Building Details

    Year built
    1962
    Number of units
    3
    Flooring type
    Vinyl, Carpet
    Building materials
    Brick, Frame
    Roof type
    Asphalt
    Architectural style
    Other

    Investment Realty Advisors, LLC (801) 971-2542 [email protected]

    Listing agent Cory Waddoups (435) 485-7070

    Listing date Nov 19, 2025

    MLS# 2123408 Listing URL

    Copyright © 2025 UtahRealEstate.com. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income-Producing Triplex Near Downtown

    This income-producing triplex is located on a quiet residential street, offering proximity to parks, downtown Salt Lake City, and major freeway access. The property is fully occupied and generates over $41,000 in annual income. It features separate utility meters and easy-to-manage systems. The property size is 2230 square feet and the lot size is 0.14 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.923388
    Latitude
    40.754748

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    FAQs

    What type of property is this?
    Triplex - Triplex in Salt Lake City with strong rental income.
    Where is this triplex located?
    The property is located at 1131 W Arapahoe Ave Salt Lake City, UT.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - High-yield investment opportunity with over $41,000 in annual income.; - Fully occupied triplex with strong, consistent rents.; - Located close to parks, downtown Salt Lake, and major freeway access.
    (435) 485-7070
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1131 W Arapahoe Ave Salt Lake City, UT 84104
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