Duplex with Basement
1361 S 1000 W, Salt Lake City, UT 84104
For Sale
New
$1,050,000
Residential, Salt Lake City, UT
Property Size3,300 SF
Lot Size0.18 Acres
Price / SF$318.18
Days on Market1
Property Features for 1361 S 1000 W
General Information
Property type
Property subtype
Zoning
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Window features
Patio and Porch features
Interior features
Exterior features
Subdivision
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Sewer type
Heating system
Building Details
Year built
Number of units
Flooring type
Building materials
Roof type
Architectural style
Listing Agency:
Realtypath LLC (South Valley)
Listed By:
Millie Driggs
(801) 386-5908
Added: Nov 10
Last Checked: Nov 10 at 7:06PM
MLS# 2195544
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Investment Insights
Based on property information with market context.
This duplex in Salt Lake City contains 3,300 square feet on a 0.18-acre lot. Built in 2023, it includes a basement apartment, a separate basement entrance, and a walkout. Interior features include a walk-in closet, dishwasher, disposal, and freestanding range/oven. Central heating is listed, with natural gas and electric service identified as heating sources. The exterior is stucco, with double-pane windows and an open patio.
Covered parking is provided, and the property is served by public sewer. It may be acquired on its own or together with a neighboring duplex. The neighboring property is separate from this offering.
Covered parking is provided, and the property is served by public sewer. It may be acquired on its own or together with a neighboring duplex. The neighboring property is separate from this offering.
Key Highlights
- 3,300‑square‑foot duplex on a 0.18‑acre lot
- Built in 2023
- Basement apartment with separate entrance and walkout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,008
Cap Rate
4.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$880,160
$880.2K
Cap Rate 7%
$628,686
$628.7K
Cap Rate 9%
$488,978
$489.0K
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$66.5K $20.16/SF
− Vacancy
−$3.7K −$1.11/SF
EGI
$62.9K $19.05/SF
− OpEx
−$18.9K −$5.72/SF
NOI
$44.0K $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%
$880,160
Cap Rate 7%
$628,686
Cap Rate 9%
$488,978
Alternative Uses
Best Use
Multifamily LT 5
$628.7K
$550.1K – $733.5K
NOI $44,008 @ 7.0% cap · market cap 4.19%
Second Best
Apartment 5plus
$584.0K
$511.0K – $681.4K
NOI $40,882 @ 7.0% cap · market cap 3.89%
Theoretical Best
Office A
$889.1K
$777.9K – $1.04M
NOI $62,235 @ 7.0% cap · market cap 5.93%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
649
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Business Placement
Demographics for 84104, UT
23,487
Population
8,452
Households
2.8
Avg Household Size
31
Median Age
22%
College-Educated
78%
High-School Grad
21.6 sq mi
ZIP Area
1,087
Density / Sq Mi
$61,326
Median Household Income
$35,013
Median Earnings
$1,235
Median Rent
$318,100
Median Home Value
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Market
Average Price Trend$/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 - A 2023-built property offers covered parking, a walkout, and an open patio.
Where is this duplex located?
The property is located at 1361 S 1000 W Salt Lake City, UT.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 3,300‑square‑foot duplex on a 0.18‑acre lot; Built in 2023; Basement apartment with separate entrance and walkout
