Newer Twinhome-Style
514 S KONETA Ct Salt Lake City, UT 84102
New
514 S KONETA Ct, Salt Lake City, UT, 84102
$1,395,000
For Sale
$1,395,000
MULTI_FAMILY - Other - Salt Lake City, UT
Property Size4,018 SF
Lot Size0.08 Acres
Price / SF$347.19
Days on Market2
Property Features for 514 S KONETA Ct
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- Multi-Family
- Bedrooms
- 6
- Bathrooms
- 6
- Rooms
- Bedroom 4, Bedroom 2, Bathroom 4, Bathroom 3, Bedroom 1, Bathroom 5, Bathroom 6, Bedroom 6, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 5
- Parking
- 2
- Parking features
- Covered
- Window features
- Blinds
- Standard status
- Active
- APN
- 16-05-452-040
- Size
- 4,018 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5181
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 2023
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Carpet
- Roof type
- Asphalt
- Architectural style
- Other
Listing Agency
Investment Realty Advisors LLC
(435) 485-7070
411 W 7200 S Ste 201, Salt Lake City, UT
Listed by
Porter Criddle
(801) 694-5291
Added: Jul 17 Checked: Jul 18 at 10:06 am
MLS# 2172776
Listing URL
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.
Built in 2023, this twinhome-style duplex is a newer residential income property in a multi-family zoning setting. The duplex configuration provides two separate units, each offering over 2,000 square feet with 3 bedrooms and 3 bathrooms, along with modern layouts and quality finishes.
The property is located at 514 S KONETA Ct in Salt Lake City (84102), within proximity to the University of Utah, downtown, hospitals, and major employers. Seller financing is available for qualified buyers; contact the listing agent for details on available terms.
Measurements are provided as a courtesy only, and buyers are advised to obtain independent measurements.
The property is located at 514 S KONETA Ct in Salt Lake City (84102), within proximity to the University of Utah, downtown, hospitals, and major employers. Seller financing is available for qualified buyers; contact the listing agent for details on available terms.
Measurements are provided as a courtesy only, and buyers are advised to obtain independent measurements.
Key Highlights
- Built in 2023 twinhome‑style duplex
- Each unit offers over 2,000 SF with 3 bedrooms and 3 bathrooms
- Forced air heating and carpet flooring
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 | $81.0k | $20.16 |
| − Vacancy | −$4.5k | −$1.11 |
| EGI | $76.5k | $19.05 |
| − OpEx | −$23.0k | −$5.72 |
| NOI | $53.6k | $13.34 |
4,018 SF · lease $20.16/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$765.5K
$669.8K – $893.1K
NOI $53,583 @ 7.0% cap · market cap 3.84%
Second Best
Apartment 5plus
$711.1K
$622.2K – $829.6K
NOI $49,777 @ 7.0% cap · market cap 3.57%
Theoretical Best
Office A
$1.08M
$947.2K – $1.26M
NOI $75,775 @ 7.0% cap · market cap 5.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Built in 2023, this twinhome-style duplex offers two units with 3 bedrooms and 3 bathrooms each.
Where is this duplex located?
The property is located at 514 S KONETA Ct Salt Lake City, UT.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Built in 2023 twinhome‑style duplex; Each unit offers over 2,000 SF with 3 bedrooms and 3 bathrooms; Forced air heating and carpet flooring
