1364 W GLENROSE Dr, Salt Lake City, UT 84104
MULTI_FAMILY - Other - Salt Lake City, UT
Property Features for 1364 W GLENROSE Dr
General Information
Taxes and HOA fees
Utilities
Amenities
Building Details
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Investment Insights
Based on property information with market context.
The duplex totals 2,145 square feet on a 0.18-acre lot and was built in 1951. Both units are described as fully occupied. Tenants for Unit 1 are noted to exit at the end of July, which may align with planned refresh work prior to re-leasing.
Recent in-unit upgrades are noted for Unit 1, including a new appliance package and a new water heater installed within the last 3 months. Unit 2 is noted to have a fully renovated bathroom. Interior features include gas range and gas oven, and the property is set within Multi-Family zoning.
Key Highlights
- 2,145 SF side‑by‑side duplex on a 0.18‑acre lot
- Built in 1951 with brick construction and an asphalt roof
- Two units, each with 3 bedrooms, 1 bathroom, and a full basement
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