Triplex Income
22 W 300 N Salt Lake City, UT 84103
For Sale
$950,000
MULTI_FAMILY - Other - Salt Lake City, UT
Property Size2,631 SF
Lot Size0.08 Acres
Price / SF$361.08
Days on Market71
Property Features for 22 W 300 N
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
Single-Family
Bedrooms
5
Bathrooms
3
Rooms
Bedroom 5, Bathroom 3, Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 4, Bathroom 1
Parking
5
Parking features
Covered
Window features
Blinds
Patio and Porch features
Patio
Interior features
Disposal, Kitchen: Updated, Range/Oven: Free Stdng., Dishwasher: Built-In
Exterior features
Balcony, Basement Entrance, Double Pane Windows, Walkout, Patio: Open
Standard status
Active
APN
08-36-429-009
Size
2,631 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
3442
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Central, Electric (Heating), Forced Air
Building Details
Year built
1912
Number of units
3
Flooring type
Hardwood, Carpet, Tile
Building materials
Brick, Concrete
Roof type
Asphalt
Architectural style
Other
Listing Agency:
KW Utah Realtors Keller Williams
(801) 858-0000
Listed By:
Cameron Burnside · License #5488326
(801) 858-0000
Added: May 21
Changed: Jul 29
Last Checked: Jul 30 at 1:06AM
MLS# 2159708
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
Offered for sale is a downtown Salt Lake City triplex income property configured for multiple residential units under a single-family zoning designation. The building totals five bedrooms and three bathrooms, with an overall property size of 2,631 square feet on a lot measuring 0.08 acres. The listing also notes NO SHOWINGS, so interested parties will need to rely on provided materials and disclosures.
The property is located at 22 W 300 N, Salt Lake City, UT 84103, in Salt Lake County. The remarks describe the home as being near restaurants, entertainment, TRAX, and the University of Utah.
This configuration may appeal to buyers looking for a multi-unit residential setup, including those interested in owner-occupancy or portfolio expansion. With five bedrooms and three bathrooms across the triplex, the layout can support a range of household needs within the constraints of the building’s existing unit structure. Please note that because showings are not available, buyers should plan accordingly and confirm all details through the seller’s offering information.
The property is located at 22 W 300 N, Salt Lake City, UT 84103, in Salt Lake County. The remarks describe the home as being near restaurants, entertainment, TRAX, and the University of Utah.
This configuration may appeal to buyers looking for a multi-unit residential setup, including those interested in owner-occupancy or portfolio expansion. With five bedrooms and three bathrooms across the triplex, the layout can support a range of household needs within the constraints of the building’s existing unit structure. Please note that because showings are not available, buyers should plan accordingly and confirm all details through the seller’s offering information.
Key Highlights
- Triplex with 5 bedrooms and 3 bathrooms total
- Updated kitchen with built‑in dishwasher, disposal, and range/oven included
- Double‑pane windows plus balcony and open patio
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 | $53.0k | $20.16 |
| − Vacancy | −$2.9k | −$1.11 |
| EGI | $50.1k | $19.05 |
| − OpEx | −$15.0k | −$5.72 |
| NOI | $35.1k | $13.34 |
2,631 SF · lease $20.16/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$501.2K
$438.6K – $584.8K
NOI $35,087 @ 7.0% cap · market cap 3.69%
Second Best
Apartment 5plus
$465.6K
$407.4K – $543.2K
NOI $32,594 @ 7.0% cap · market cap 3.43%
Theoretical Best
Office A
$708.8K
$620.2K – $827.0K
NOI $49,618 @ 7.0% cap · market cap 5.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Triplex for sale with five bedrooms and three bathrooms, offered with no showings.
Where is this triplex located?
The property is located at 22 W 300 N Salt Lake City, UT.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Triplex with 5 bedrooms and 3 bathrooms total; Updated kitchen with built‑in dishwasher, disposal, and range/oven included; Double‑pane windows plus balcony and open patio
