Brick Triplex with Hardwood
1054 S 900 E, Salt Lake City, UT 84105
For Sale
$1,100,000
Residential, Salt Lake City, UT
Property Size3,889 SF
Lot Size0.18 Acres
Price / SF$282.85
Days on Market142
Property Features for 1054 S 900 E
General Information
Property type
Property subtype
Zoning
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Patio and Porch features
Interior features
Exterior features
Lot features
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Building Details
Year built
Number of units
Flooring type
Building materials
Roof type
Architectural style
Listing Agency:
KW Success Keller Williams Realty
(801) 866-1934
Listed By:
Justin M Yoder
(801) 245-0829
Added: Jun 26
Changed: Oct 24
Last Checked: Nov 14 at 3:06AM
MLS# 2168367
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Investment Insights
Based on property information with market context.
This 3,889-square-foot brick triplex, built in 1902, contains three distinct living spaces and combines original hardwood flooring with practical updates. Interior features include an updated kitchen, standalone range and oven, walk-in closet, den or office, primary bath, forced-air heat, and covered parking. An open porch adds exterior living space, while the asphalt roof supports the property’s established construction profile.
Set in Salt Lake City’s 9th & 9th neighborhood, the property is near restaurants, coffee shops, boutiques, Liberty Park, the University of Utah, and downtown Salt Lake City. The 0.18-acre site is zoned Multi-Family, supporting the property’s triplex configuration and flexible residential use.
Set in Salt Lake City’s 9th & 9th neighborhood, the property is near restaurants, coffee shops, boutiques, Liberty Park, the University of Utah, and downtown Salt Lake City. The 0.18-acre site is zoned Multi-Family, supporting the property’s triplex configuration and flexible residential use.
Key Highlights
- Triplex configuration with three separate living spaces
- 3,889 square feet on a 0.18‑acre lot
- Built in 1902 with brick construction and hardwood flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,863
Cap Rate
4.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,037,260
$1.0M
Cap Rate 7%
$740,900
$740.9K
Cap Rate 9%
$576,256
$576.3K
Market Conditions
NOI Build-Up for 3,889 SF
Gross rent
$78.4K $20.16/SF
− Vacancy
−$4.3K −$1.11/SF
EGI
$74.1K $19.05/SF
− OpEx
−$22.2K −$5.72/SF
NOI
$51.9K $13.34/SF
Area
Salt Lake City, UT
Vacancy
5.50%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,037,260
Cap Rate 7%
$740,900
Cap Rate 9%
$576,256
Alternative Uses
Best Use
Multifamily LT 5
$740.9K
$648.3K – $864.4K
NOI $51,863 @ 7.0% cap · market cap 4.71%
Second Best
Apartment 5plus
$688.3K
$602.2K – $803.0K
NOI $48,179 @ 7.0% cap · market cap 4.38%
Theoretical Best
Office A
$1.05M
$916.8K – $1.22M
NOI $73,343 @ 7.0% cap · market cap 6.67%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
853
Businesses Nearby
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Business Placement
Demographics for 84105, UT
22,856
Population
10,953
Households
2.1
Avg Household Size
35
Median Age
66%
College-Educated
97%
High-School Grad
3.1 sq mi
ZIP Area
7,373
Density / Sq Mi
$94,145
Median Household Income
$52,785
Median Earnings
$1,482
Median Rent
$632,200
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in Salt Lake County, UT
Properties on Market for Triplexes in Salt Lake County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three separate living spaces offer flexible occupancy under Multi-Family zoning in Salt Lake City’s 9th & 9th neighborhood.
Where is this triplex located?
The property is located at 1054 S 900 E Salt Lake City, UT.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Triplex configuration with three separate living spaces; 3,889 square feet on a 0.18‑acre lot; Built in 1902 with brick construction and hardwood flooring
