Brick Duplex with Two
For Sale
$595,000
132 E WILLIAMS Ave S, Salt Lake City, UT 84111
Residential, Salt Lake City, UT
Property Size1,422 SF
Lot Size0.11 Acres
Price / SF$418.42
Days on Market86
Property Features for 132 E WILLIAMS Ave S
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Single-Family, Multi-Fami
Zoning description
1205
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2
Interior features
Range: Gas
Subdivision
PLAT A
Elementary school
Liberty
Middle school
Clayton
High school
Highland
Elementary school district
Salt Lake
Middle school district
Salt Lake
High school district
Salt Lake
Standard status
Active
APN
16-07-308-006
Size
1,422 SF
Lot size
0.11 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Annual Amount
2319
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Building Details
Year built
1925
Number of units
2
Flooring type
Tile, Hardwood
Building materials
Brick
Roof type
Asphalt
Architectural style
Other
Listing Agency:
R and R Realty LLC
Listed By:
Fernando Villalobos-Cubas
(801) 492-7791
Added: Aug 10
Changed: Oct 24
Last Checked: Nov 3 at 7:06AM
MLS# 2186124
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Investment Insights
Based on property information with market context.
This 1,422-square-foot duplex contains two one-bedroom, one-bath units, offering a compact residential income configuration in a brick building constructed in 1925. Interior details include hardwood and tile flooring, gas ranges, forced-air heating, and neutral finishes. The property sits on a 0.11-acre lot and is served by public sewer, with an asphalt roof and no HOA. Airbnb use is allowed, subject to applicable requirements.
Both units are currently tenant occupied, and showings require 24 hours’ notice. The property is located in Salt Lake City near shops, restaurants, parks, schools, major highways, and public transportation. Its zoning is identified as Single-Family, Multi-Fami.
Both units are currently tenant occupied, and showings require 24 hours’ notice. The property is located in Salt Lake City near shops, restaurants, parks, schools, major highways, and public transportation. Its zoning is identified as Single-Family, Multi-Fami.
Key Highlights
- Duplex with two 1‑bedroom, 1‑bath units
- 1,422 square feet on a 0.11‑acre lot
- Built in 1925 with brick construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,964
Cap Rate
3.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$379,280
$379.3K
Cap Rate 7%
$270,914
$270.9K
Cap Rate 9%
$210,711
$210.7K
Market Conditions
NOI Build-Up for 1,422 SF
Gross rent
$28.7K $20.16/SF
− Vacancy
−$1.6K −$1.11/SF
EGI
$27.1K $19.05/SF
− OpEx
−$8.1K −$5.72/SF
NOI
$19.0K $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%
$379,280
Cap Rate 7%
$270,914
Cap Rate 9%
$210,711
Alternative Uses
Best Use
Multifamily LT 5
$270.9K
$237.1K – $316.1K
NOI $18,964 @ 7.0% cap · market cap 3.19%
Second Best
Apartment 5plus
$251.7K
$220.2K – $293.6K
NOI $17,616 @ 7.0% cap · market cap 2.96%
Theoretical Best
Office A
$383.1K
$335.2K – $447.0K
NOI $26,818 @ 7.0% cap · market cap 4.51%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,607
Businesses Nearby
Explore this area
Business Placement
Demographics for 84111, UT
12,162
Population
8,635
Households
1.4
Avg Household Size
34
Median Age
55%
College-Educated
95%
High-School Grad
1.4 sq mi
ZIP Area
8,687
Density / Sq Mi
$57,188
Median Household Income
$49,490
Median Earnings
$1,294
Median Rent
$423,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two tenant-occupied residences with updated interior finishes and separate one-bedroom, one-bath layouts.
Where is this duplex located?
The property is located at 132 E WILLIAMS Ave S Salt Lake City, UT.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Duplex with two 1‑bedroom, 1‑bath units; 1,422 square feet on a 0.11‑acre lot; Built in 1925 with brick construction
