Historic Brick
New
For Sale
$875,000
135 W 600 N, Salt Lake City, UT 84103
Legal nonconforming duplex zoning also accommodates the property’s described single-family configuration.
Property Size2 SF
Price / SF$389.06
Days on Market7
Property Features for 135 W 600 N
General Information
Standard status
Active
Size
2 SF
Property subtype
Duplex
Site & Location
Neighborhood
Central City
Additional Details
Furnished
Yes
Amenities
pergola
hot tub
radiant heating
mini-split air conditioning
generator
commercial range
copper sink
claw foot tub
custom built-in bookshelves
Building Details
Building Size
2 SF
Year Built
1901
Buildings
1
Construction
brick
Listing Agency:
Berkshire Hathaway HomeServices Utah Properties (So Ogden)
(801) 781-2223
Listed By:
Corey Hadley
Source:
Liftrealty
Added: Oct 28
Changed: Nov 1
Last Checked: Nov 1 at 3:11PM
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 Berkshire Hathaway HomeServices Utah Properties (So Ogden)
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Investment Insights
Based on property information with market context.
Built in 1901, this 2,249-square-foot brick residence retains period details including coffered ceilings, decorative ceiling tiles, original woodwork, and penny tile floors. The kitchen has cherry cabinetry, a copper sink, a commercial range, an island, and radiant floor heat. Other features include a study with built-in shelving, a cast-iron claw-foot tub, and a pergola with a hot tub.
The property is legally recognized as a nonconforming duplex and is also described as suitable for single-family use or a home with a basement ADU. Heating is provided by a boiler-based radiant system, with two ducted mini-splits for cooling. A whole-home Generac generator is also installed. Exterior brick repointing was completed within the past five years.
Located at 135 W 600 N in Salt Lake City’s Marmalade District, the residence may be sold furnished. It was previously used as a nightly rental.
The property is legally recognized as a nonconforming duplex and is also described as suitable for single-family use or a home with a basement ADU. Heating is provided by a boiler-based radiant system, with two ducted mini-splits for cooling. A whole-home Generac generator is also installed. Exterior brick repointing was completed within the past five years.
Located at 135 W 600 N in Salt Lake City’s Marmalade District, the residence may be sold furnished. It was previously used as a nightly rental.
Key Highlights
- 2,249‑square‑foot brick residence, built in 1901
- Legally recognized nonconforming duplex; single‑family use is also described
- Kitchen features cherry cabinets, copper sink, commercial range, island, and radiant floor heat
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,992
Cap Rate
3.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$599,840
$599.8K
Cap Rate 7%
$428,457
$428.5K
Cap Rate 9%
$333,244
$333.2K
Market Conditions
NOI Build-Up for 2,249 SF
Gross rent
$45.3K $20.16/SF
− Vacancy
−$2.5K −$1.11/SF
EGI
$42.8K $19.05/SF
− OpEx
−$12.9K −$5.72/SF
NOI
$30.0K $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%
$599,840
Cap Rate 7%
$428,457
Cap Rate 9%
$333,244
Alternative Uses
Best Use
Multifamily LT 5
$428.5K
$374.9K – $499.9K
NOI $29,992 @ 7.0% cap · market cap 3.43%
Second Best
Apartment 5plus
$398.0K
$348.3K – $464.4K
NOI $27,862 @ 7.0% cap · market cap 3.18%
Theoretical Best
Office A
$605.9K
$530.2K – $706.9K
NOI $42,414 @ 7.0% cap · market cap 4.85%
Zoning and permitted uses should be independently verified with authorities.
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Trade Area within ½ mile
4,574
Businesses Nearby
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Demographics for 84103, UT
22,788
Population
13,528
Households
1.7
Avg Household Size
36
Median Age
66%
College-Educated
98%
High-School Grad
20.5 sq mi
ZIP Area
1,112
Density / Sq Mi
$81,386
Median Household Income
$54,787
Median Earnings
$1,374
Median Rent
$710,700
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 - Legal nonconforming duplex zoning also accommodates the property’s described single-family configuration.
Where is this duplex located?
The property is located at 135 W 600 N Salt Lake City, UT.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 2,249‑square‑foot brick residence, built in 1901; Legally recognized nonconforming duplex; single‑family use is also described; Kitchen features cherry cabinets, copper sink, commercial range, island, and radiant floor heat
