Park-View Side-by-Side
New
For Sale
$949,000
1396 E DOWNINGTON, Salt Lake City, UT 84105
Updated kitchens, private decks, separate gas and electric meters, and a four-car carport serve the two residences.
Property Size4,032 SF
Days on Market3
Property Features for 1396 E DOWNINGTON
General Information
Standard status
Active
Size
4,032 SF
Total Parking Spaces
4
Property subtype
Duplex
Site & Location
Neighborhood
Sugar House
Utilities to Site
Yes
Units
Multifamily Units
2
Individually Metered Utilities
gas, electric
Taxes and HOA fees
Annual Taxes
$4,510
Amenities
deck
vaulted ceilings
walkout basements
Building Details
Building Size
4,032 SF
Year Built
1974
Buildings
1
Listing Agency:
Plumb & Company Realtors LLP
Listed By:
Bob Plumb
(801) 580-8149
Source:
Acresutah
Added: Oct 29
Changed: Oct 31
Last Checked: Oct 30 at 2:46PM
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 Plumb & Company Realtors LLP
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Investment Insights
Based on property information with market context.
This 1974 side-by-side duplex contains 4,032 SF. The kitchens have been remodeled with modern cabinetry, quartz countertops, and stainless steel appliances. Open kitchen and living areas connect to decks, while vaulted bedroom ceilings and walkout basements add distinctive interior features. A four-car carport and separate gas and electric meters serve the property.
The duplex sits on a wooded lot overlooking Allen Park, in the 15th & 15th area of Sugar House. Westminster University is one block away.
The duplex sits on a wooded lot overlooking Allen Park, in the 15th & 15th area of Sugar House. Westminster University is one block away.
Key Highlights
- 4,032 SF side‑by‑side duplex built in 1974
- Remodeled kitchens with quartz countertops and stainless steel appliances
- Decks connect to open kitchen and living areas; walkout basements have sliding doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,770
Cap Rate
5.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,075,400
$1.1M
Cap Rate 7%
$768,143
$768.1K
Cap Rate 9%
$597,444
$597.4K
Market Conditions
NOI Build-Up for 4,032 SF
Gross rent
$81.3K $20.16/SF
− Vacancy
−$4.5K −$1.11/SF
EGI
$76.8K $19.05/SF
− OpEx
−$23.0K −$5.72/SF
NOI
$53.8K $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%
$1,075,400
Cap Rate 7%
$768,143
Cap Rate 9%
$597,444
Alternative Uses
Best Use
Multifamily LT 5
$768.1K
$672.1K – $896.2K
NOI $53,770 @ 7.0% cap · market cap 5.67%
Second Best
Apartment 5plus
$713.6K
$624.4K – $832.5K
NOI $49,950 @ 7.0% cap · market cap 5.26%
Theoretical Best
Office A
$1.09M
$950.5K – $1.27M
NOI $76,040 @ 7.0% cap · market cap 8.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,785
Businesses Nearby
Explore this area
Business Placement
Demographics for 84105, UT
22,856
Population
10,953
Households
2.1
Avg Household Size
35
Median Age
66%
College-Educated
97%
High-School Grad
3.1 sq mi
ZIP Area
7,373
Density / Sq Mi
$94,145
Median Household Income
$52,785
Median Earnings
$1,482
Median Rent
$632,200
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 - Updated kitchens, private decks, separate gas and electric meters, and a four-car carport serve the two residences.
Where is this duplex located?
The property is located at 1396 E DOWNINGTON Salt Lake City, UT.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: 4,032 SF side‑by‑side duplex built in 1974; Remodeled kitchens with quartz countertops and stainless steel appliances; Decks connect to open kitchen and living areas; walkout basements have sliding doors
