1364 W GLENROSE DR, Salt Lake City, UT 84104
Side-by-side duplex with private garages, fenced backyards, and in-unit laundry hookups in each unit.
Property Features for 1364 W GLENROSE DR
General Information
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Building Details
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Investment Insights
Based on property information with market context.
The property was built in 1951. Recent capital improvements include a brand-new appliance package and a new water heater installed within the last 3 months for Unit 1, along with a fully renovated bathroom for Unit 2.
With side-by-side configuration and functional separation through private outdoor space and laundry hookups, this duplex can work well for investors seeking a manageable two-unit asset or an owner-occupant looking to live in one unit while renting the other.
Key Highlights
- 2145 SF duplex built in 1951 with full basements
- Side‑by‑side mirror‑image layouts with 3 bedrooms and 1 bathroom per unit
- Private garages for both units
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.2k | $20.16 |
| − Vacancy | −$2.4k | −$1.11 |
| EGI | $40.9k | $19.05 |
| − OpEx | −$12.3k | −$5.72 |
| NOI | $28.6k | $13.34 |
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Demographics for 84104, UT
Market
Vacancy Rate% for Multifamily in West region