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Side-by-Side Duplex with Finished Basements
For Sale
$629,999

6974 W BELLO Ave, West Valley City, UT 84128

Residential, West Valley City, UT

Property Size3,360 SF
Lot Size0.20 Acres
Price / SF$187.50
Days on Market11

Property Features for 6974 W BELLO Ave

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Multi-Family
Zoning description 1108
Bedrooms 10
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bedroom 7, Bathroom 4, Bedroom 5, Bedroom 6, Bedroom 3, Bedroom 9, Bedroom 10, Bathroom 2, Bedroom 2, Bedroom 8, Bedroom 4, Bathroom 1, Bedroom 1
Parking features Covered
Exterior features Sliding Glass Doors
Subdivision SUE ANN SUB
Lot features Corner Lot, Curb & Gutter
Elementary school Granger
Middle school Hunter
High school Hunter
Elementary school district Granite
Middle school district Granite
High school district Granite
Standard status Active
APN 14-34-126-016
Size 3,360 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Annual Amount 2964

Utilities

Heating system Forced Air, Central, Natural Gas

Building Details

Year built 1978
Number of units 2
Flooring type Tile, Carpet, Laminate
Building materials Frame
Roof type Asbestos Shingle
Architectural style Other
Listing Agency: Realtypath LLC
Listed By: Saon Kong Siv
Added: Sep 16 Changed: Sep 17 Last Checked: Sep 26 at 11:06AM
MLS# 2185714

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Investment Insights

Based on property information with market context.

This side-by-side duplex contains 3,360 square feet within a frame-built structure completed in 1978. Both units include fully finished basements, while the interior finish package includes tile, carpet, and laminate flooring. Sliding glass doors add exterior access, and covered parking is provided.

The property occupies 0.2 acres at 6974 W BELLO Ave in West Valley City, Utah, within Salt Lake County. It carries Multi-Family zoning and is served by central forced-air heating using natural gas. The roof is finished with asbestos shingles.

Key Highlights

  • Side‑by‑side duplex with fully finished basements in both units
  • 3,360 square feet on a 0.2‑acre lot
  • Multi‑Family zoning

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$36,388
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.78%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$727,760 $727.8K
Cap Rate 7%
$519,829 $519.8K
Cap Rate 9%
$404,311 $404.3K
Market Conditions
NOI Build-Up for 3,360 SF 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.
Gross rent
$54.4K $16.20/SF
− Vacancy
−$2.4K −$0.73/SF
EGI
$52.0K $15.47/SF
− OpEx
−$15.6K −$4.64/SF
NOI
$36.4K $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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$727,760
Cap Rate 7%
$519,829
Cap Rate 9%
$404,311

Alternative Uses

Best Use
Multifamily LT 5
$519.8K
$454.9K – $606.5K (±1% cap)
NOI $36,388 @ 7.0% cap · market cap 5.78%
Second Best
Apartment 5plus
$469.2K
$410.6K – $547.4K (±1% cap)
NOI $32,844 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$961.9K
$841.7K – $1.12M (±1% cap)
NOI $67,334 @ 7.0% cap · market cap 10.69%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Dental Office Restaurant Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

200
Businesses Nearby

Demographics for 84128, UT

31,406
Population
8,442
Households
3.7
Avg Household Size
31
Median Age
17%
College-Educated
85%
High-School Grad
8.4 sq mi
ZIP Area
3,739
Density / Sq Mi
$109,286
Median Household Income
$45,880
Median Earnings
$1,838
Median Rent
$404,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Multi-family property with covered parking, central forced-air heating, and natural gas service.
Where is this duplex located?
The property is located at 6974 W BELLO Ave West Valley City, UT.
What is the asking price?
The asking price for this property is $629,999.
What are key features of this property?
This property features: Side‑by‑side duplex with fully finished basements in both units; 3,360 square feet on a 0.2‑acre lot; Multi‑Family zoning
More about this property
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