Remodeled Side-by-Side
New
For Sale
$595,000
2362 S 1480 W, West Valley City, UT 84119
Residential, West Valley City, UT
Property Size1,872 SF
Lot Size0.19 Acres
Price / SF$317.84
Days on Market5
Property Features for 2362 S 1480 W
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Multi-Family
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 2
Parking
6
Parking features
Covered
Window features
Blinds
Exterior features
Double Pane Windows, Lighting
Lot features
Fenced: Part, Secluded
Elementary school
Redwood
Middle school
Granite Park
High school
Granite Peaks
Elementary school district
Granite
Middle school district
Granite
High school district
Granite
Subdivision
Magna; Taylrsvl; WVC; SLC
Standard status
Active
APN
15-22-280-005
Size
1,872 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Annual Amount
3001
Utilities
Sewer type
Private Sewer
Heating system
Natural Gas, Forced Air, Central
Building Details
Year built
1978
Number of units
2
Building materials
Aluminum, Brick
Roof type
Asphalt
Architectural style
Other
Listing Agency:
Selling Salt Lake
(801) 998-8568
Listed By:
Kian Torimi
(801) 792-2010
Added: Oct 2
Changed: Oct 5
Last Checked: Oct 6 at 11:06AM
MLS# 2188954
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.
This side-by-side duplex contains two 2-bedroom, 1-bathroom residences, each measuring 936 square feet. Both units have been remodeled, with updated kitchens, granite countertops, new flooring, newer HVAC systems and water heaters, copper plumbing, and in-unit washers and dryers. Finishes vary slightly between the residences. The property was built in 1978 and sits on a 0.19-acre lot in West Valley City, Utah.
Each unit has separate utilities and a bright, open layout. The building’s total area is 1,872 square feet, and the zoning is Multi-Family.
Each unit has separate utilities and a bright, open layout. The building’s total area is 1,872 square feet, and the zoning is Multi-Family.
Key Highlights
- Two side‑by‑side units, each with 2 bedrooms and 1 bathroom
- 936 sq ft per unit; 1,872 sq ft total
- Remodeled kitchens with granite counters and new flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,273
Cap Rate
3.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$405,460
$405.5K
Cap Rate 7%
$289,614
$289.6K
Cap Rate 9%
$225,256
$225.3K
Market Conditions
NOI Build-Up for 1,872 SF
Gross rent
$30.3K $16.20/SF
− Vacancy
−$1.4K −$0.73/SF
EGI
$29.0K $15.47/SF
− OpEx
−$8.7K −$4.64/SF
NOI
$20.3K $10.83/SF
Area
West Valley City, UT
Vacancy
4.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$405,460
Cap Rate 7%
$289,614
Cap Rate 9%
$225,256
Alternative Uses
Best Use
Multifamily LT 5
$289.6K
$253.4K – $337.9K
NOI $20,273 @ 7.0% cap · market cap 3.41%
Second Best
Apartment 5plus
$261.4K
$228.7K – $305.0K
NOI $18,299 @ 7.0% cap · market cap 3.08%
Theoretical Best
Office A
$535.9K
$468.9K – $625.3K
NOI $37,515 @ 7.0% cap · market cap 6.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,072
Businesses Nearby
Explore this area
Business Placement
Demographics for 84119, UT
54,143
Population
16,811
Households
3.2
Avg Household Size
31
Median Age
16%
College-Educated
79%
High-School Grad
11.5 sq mi
ZIP Area
4,708
Density / Sq Mi
$66,616
Median Household Income
$35,676
Median Earnings
$1,418
Median Rent
$341,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence has its own utility service, washer and dryer, and updated kitchen.
Where is this duplex located?
The property is located at 2362 S 1480 W West Valley City, UT.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Two side‑by‑side units, each with 2 bedrooms and 1 bathroom; 936 sq ft per unit; 1,872 sq ft total; Remodeled kitchens with granite counters and new flooring
