Side-by-Side Duplex with
New
For Sale
$630,000
1364 W Glenrose Dr, Salt Lake City, UT 84104
Each residence has a fenced backyard and dedicated laundry hookups.
Property Size2,145 SF
Price / SF$293.71
Days on Market3
Property Features for 1364 W Glenrose Dr
General Information
Standard status
Active
Size
2,145 SF
Property subtype
Multi-Family
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 3BR/1BA
Multifamily Units
2
Amenities
private fenced backyards
in-unit laundry hookups
Building Details
Year Built
1951
Buildings
1
Listing Agency:
Summit Sotheby's International Realty
Listed By:
The One Group Utah
(385) 350-2888
Source:
Theonegrouputah
Added: Oct 12
Changed: Oct 13
Last Checked: Oct 12 at 6:34PM
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 Summit Sotheby's International Realty
Investment Insights
Based on property information with market context.
Built in 1951, this side-by-side duplex has mirrored layouts, full basements, and a private garage for each residence. One side is vacant following renovation work that includes new carpet, appliances, and a water heater installed within the last few months. The other side is occupied and has a renovated bathroom. Both residences have laundry hookups and fenced private backyards.
The property is in Salt Lake City with access to I-15, downtown, and local transit links. One residence is vacant and the other is occupied, offering a mix of immediate availability and existing tenancy.
The property is in Salt Lake City with access to I-15, downtown, and local transit links. One residence is vacant and the other is occupied, offering a mix of immediate availability and existing tenancy.
Key Highlights
- Side‑by‑side duplex with mirrored layouts and a full basement on each side
- Private garage and fenced backyard for each residence
- Built in 1951
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,605
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$572,100
$572.1K
Cap Rate 7%
$408,643
$408.6K
Cap Rate 9%
$317,833
$317.8K
Market Conditions
NOI Build-Up for 2,145 SF
Gross rent
$43.2K $20.16/SF
− Vacancy
−$2.4K −$1.11/SF
EGI
$40.9K $19.05/SF
− OpEx
−$12.3K −$5.72/SF
NOI
$28.6K $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%
$572,100
Cap Rate 7%
$408,643
Cap Rate 9%
$317,833
Alternative Uses
Best Use
Multifamily LT 5
$408.6K
$357.6K – $476.8K
NOI $28,605 @ 7.0% cap · market cap 4.54%
Second Best
Apartment 5plus
$379.6K
$332.2K – $442.9K
NOI $26,573 @ 7.0% cap · market cap 4.22%
Theoretical Best
Office A
$577.9K
$505.7K – $674.2K
NOI $40,453 @ 7.0% cap · market cap 6.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
458
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has a fenced backyard and dedicated laundry hookups.
Where is this duplex located?
The property is located at 1364 W Glenrose Dr Salt Lake City, UT.
What is the asking price?
The asking price for this property is $630,000.
What are key features of this property?
This property features: Side‑by‑side duplex with mirrored layouts and a full basement on each side; Private garage and fenced backyard for each residence; Built in 1951
