Remodeled
1145 KENSINGTON Ave, Salt Lake City, UT 84105
For Sale
New
$712,864
Residential, Salt Lake City, UT
Property Size2,597 SF
Lot Size0.13 Acres
Price / SF$274.50
Days on Market3
Property Features for 1145 KENSINGTON Ave
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
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
Building materials
Roof type
Architectural style
Buildings
Listing Agency:
Unite Real Estate
Listed By:
Kelly Ercanbrack
(801) 372-4747
Added: Nov 4
Changed: Nov 6
Last Checked: Nov 6 at 9:06PM
MLS# 2194988
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.
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Investment Insights
Based on property information with market context.
This 2,597-square-foot duplex contains two residential units on a 0.13-acre parcel. Interior improvements include refreshed kitchens and bathrooms, new flooring, and upgraded fixtures. The building was constructed in 1892 and has stucco exterior materials with an asphalt roof. Heating is provided by forced air using natural gas.
The property is in Salt Lake City, Utah, in the 84105 postal area. Westminster College is within walking distance, and the University of Utah and SLCC are also identified in the property information.
The property is in Salt Lake City, Utah, in the 84105 postal area. Westminster College is within walking distance, and the University of Utah and SLCC are also identified in the property information.
Key Highlights
- Two‑unit duplex with 2,597 square feet of building area
- 0.13‑acre parcel
- 1892 construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,633
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$692,660
$692.7K
Cap Rate 7%
$494,757
$494.8K
Cap Rate 9%
$384,811
$384.8K
Market Conditions
NOI Build-Up for 2,597 SF
Gross rent
$52.4K $20.16/SF
− Vacancy
−$2.9K −$1.11/SF
EGI
$49.5K $19.05/SF
− OpEx
−$14.8K −$5.72/SF
NOI
$34.6K $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%
$692,660
Cap Rate 7%
$494,757
Cap Rate 9%
$384,811
Alternative Uses
Best Use
Multifamily LT 5
$494.8K
$432.9K – $577.2K
NOI $34,633 @ 7.0% cap · market cap 4.86%
Second Best
Apartment 5plus
$459.6K
$402.2K – $536.2K
NOI $32,173 @ 7.0% cap · market cap 4.51%
Theoretical Best
Office A
$699.7K
$612.2K – $816.3K
NOI $48,977 @ 7.0% cap · market cap 6.87%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
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Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
815
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
$632,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Salt Lake City, UT
Properties on Market for Duplexes in Salt Lake City
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units feature refreshed kitchens, updated bathrooms, new flooring, and upgraded fixtures.
Where is this duplex located?
The property is located at 1145 KENSINGTON Ave Salt Lake City, UT.
What is the asking price?
The asking price for this property is $712,864.
What are key features of this property?
This property features: Two‑unit duplex with 2,597 square feet of building area; 0.13‑acre parcel; 1892 construction
