Two-Unit
For Sale
$595,000
132 E WILLIAMS AVE, Salt Lake City, UT 84111
Tenant-occupied duplex with no HOA and short-term rental use permitted.
Property Size1,422 SF
Days on Market66
Property Features for 132 E WILLIAMS AVE
General Information
Standard status
Active
Size
1,422 SF
Property subtype
Duplex
Occupancy
100%
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,319
Building Details
Building Size
1,422 SF
Year Built
1925
Buildings
1
Tenancy
Multi
Listing Agency:
R and R Realty LLC
Listed By:
Fernando Villalobos-Cubas
(801) 492-7791
Source:
Acresutah
Added: Aug 10
Changed: Oct 2
Last Checked: Oct 12 at 11:42PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of R and R Realty LLC
Investment Insights
Based on property information with market context.
Built in 1925, this duplex contains two separate residential units, each configured with one bedroom and one bathroom. Both units are currently occupied by tenants, and showings require 24 hours’ advance notice. Interior finishes include neutral tones, and the property has no HOA.
The property is located near shops, restaurants, parks, schools, major highways, and public transportation. Airbnb use is permitted, providing an additional operating option subject to applicable requirements.
The property is located near shops, restaurants, parks, schools, major highways, and public transportation. Airbnb use is permitted, providing an additional operating option subject to applicable requirements.
Key Highlights
- Two‑unit duplex with 1 bedroom and 1 bathroom per unit
- Both units are tenant occupied
- Built in 1925
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.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Tenant-occupied duplex with no HOA and short-term rental use permitted.
Where is this duplex located?
The property is located at 132 E WILLIAMS AVE 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: Two‑unit duplex with 1 bedroom and 1 bathroom per unit; Both units are tenant occupied; Built in 1925
