3538 W WESTLAKE S, West Valley City, UT 84119
MULTI_FAMILY - Other - West Valley City, UT
- Added:
- Mar 29, 2026
- Days on Market:
- 93
- Last Refresh:
- Jun 29 at 1:06 pm
Property Features for 3538 W WESTLAKE S
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Multi-Family
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 4, Bedroom 2
- Parking
- 4
- Parking features
- Covered
- Standard status
- Active
- APN
- 15-29-401-015
- Size
- 2,200 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2278
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas, Central
Building Details
- Year built
- 1975
- Number of units
- 2
- Flooring type
- Hardwood, Carpet, Laminate
- Building materials
- Brick
- Roof type
- Flat
- Architectural style
- Other
Listing agent Jordan McQueen (801) 647-6763
Listing office KW Utah Realtors Keller Williams 1265 E Fort Union Blvd 300, Sandy, UT (801) 858-0000
Listing date Mar 29, 2026
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.
HighLights
- Consistent income stream with strong historical rents.
- High‑demand 2 bed 2 bath configuration with washer/dryer hookups on both sides.
- Excellent condition allowing for a seamless transition.
- Ample parking with covered spaces.
- Excellent location.
- Functional floor plans.
Overview
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 | $35.6k | $16.20 |
| − Vacancy | −$1.6k | −$0.73 |
| EGI | $34.0k | $15.47 |
| − OpEx | −$10.2k | −$4.64 |
| NOI | $23.8k | $10.83 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- West Valley City
- County
- Salt Lake
- State
- Utah
- Longitude
- -111.975578
- Latitude
- 40.702442
