Remodeled Duplex in Sugar
1145 KENSINGTON Ave Salt Lake City, UT 84105
1145 KENSINGTON Ave, Salt Lake City, UT, 84105
$734,999
For Sale
$734,999
MULTI_FAMILY - Other - Salt Lake City, UT
Property Size2,597 SF
Lot Size0.13 Acres
Price / SF$283.02
Days on Market99
Property Features for 1145 KENSINGTON Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 2, Bedroom 3, Bathroom 2
- Parking
- 4
- Standard status
- Active
- APN
- 16-17-210-026
- Size
- 2,597 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3399
Utilities
- Heating system
- Forced Air, Central, Natural Gas
Building Details
- Year built
- 1892
- Number of units
- 2
- Building materials
- Stucco
- Roof type
- Asphalt
- Architectural style
- Other
Listing Agency
Unite Real Estate
(801) 372-4747
2470 E Canyon Rd, Springville, UT
Listed by
Kelly Ercanbrack
(801) 372-4747
Added: Apr 11 Checked: Jul 18 at 8:06 am
MLS# 2150233
Listing URL
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Investment Insights
Based on property information with market context.
This updated and remodeled duplex is located in the Sugar House neighborhood. The property is situated in one of Salt Lake City's most desirable neighborhoods, minutes from shopping, dining, and outdoor recreation, and within walking distance of Westminster College. Each unit features refreshed kitchens, updated bathrooms, new flooring, and upgraded fixtures. Located on a quiet, tree-lined street with easy access to parks, public transit, the University of Utah, Westminster College, and SLCC, the property offers comfort and convenience. The property size is 2597 square feet and the lot size is 0.13 acres. This duplex is suitable as an owner-occupied property or as an addition to a rental portfolio.
Key Highlights
- Remodeled duplex built in 1892 with stucco exterior and asphalt roof
- Natural gas forced‑air central heating
- 4‑bedroom/2‑bath room mix across the duplex: Bedroom 1–4 and Bathroom 1–2
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.4k | $20.16 |
| − Vacancy | −$2.9k | −$1.11 |
| EGI | $49.5k | $19.05 |
| − OpEx | −$14.8k | −$5.72 |
| NOI | $34.6k | $13.34 |
2,597 SF · lease $20.16/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$494.8K
$432.9K – $577.2K
NOI $34,633 @ 7.0% cap · market cap 4.71%
Second Best
Apartment 5plus
$459.6K
$402.2K – $536.2K
NOI $32,173 @ 7.0% cap · market cap 4.38%
Theoretical Best
Office A
$699.7K
$612.2K – $816.3K
NOI $48,977 @ 7.0% cap · market cap 6.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Updated duplex in a prime Sugar House location.
Where is this duplex located?
The property is located at 1145 KENSINGTON Ave Salt Lake City, UT.
What is the asking price?
The asking price for this property is $734,999.
What are key features of this property?
This property features: Remodeled duplex built in 1892 with stucco exterior and asphalt roof; Natural gas forced‑air central heating; 4‑bedroom/2‑bath room mix across the duplex: Bedroom 1–4 and Bathroom 1–2
