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    Duplex with Remodeled Unit Title is generated by Realmo AI

    1446 N MANDALAY Rd, Salt Lake City, UT 84116

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    Claim this Listing
    For Sale
    $750,000

    MULTI_FAMILY - Other - Salt Lake City, UT

    Property size:
    3,700 SF
    Lot size:
    0.18 Acres
    Price / SF:
    $202/SF
    Added:
    Jun 5, 2026
    Days on Market:
    22
    Last Refresh:
    Jun 26 at 12:06 am

    Property Features for 1446 N MANDALAY Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Single-Family
    Bedrooms
    10
    Bathrooms
    4
    Rooms
    Bedroom 5, Bedroom 8, Bedroom 2, Bedroom 4, Bedroom 10, Bathroom 2, Bathroom 3, Bedroom 3, Bedroom 9, Bedroom 6, Bathroom 1, Bedroom 7, Bathroom 4, Bedroom 1
    Parking
    2
    Parking features
    Covered
    Window features
    Blinds
    Interior features
    Range/Oven: Free Stdng.
    Standard status
    Active
    APN
    08-22-357-002
    Size
    3,700 SF
    Lot size
    0.18 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2564

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1972
    Number of units
    2
    Flooring type
    Carpet, Laminate
    Building materials
    Frame
    Roof type
    Tar/Gravel
    Architectural style
    Other

    We can help!

    Contact an agent
    Cameron Burnside

    Listing agent Cameron Burnside License #5488326

    Listing office KW Utah Realtors Keller Williams 1265 E Fort Union Blvd 300, Sandy, UT

    Listing date Jun 5, 2026

    MLS# 2163392 Listing URL

    Copyright © 2026 UtahRealEstate.com. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Duplex with two 5 bed, 2 bath units for a total of 10 bedrooms and 4 bathrooms
    • One unit has been recently remodeled and is move‑in ready; the other unit is tenant occupied
    • Exterior freshly painted for improved appearance and reduced near‑term maintenance
    • Large yard provides outdoor space and tenant flexibility
    • Year built 1972; frame construction with forced‑air heating
    • Covered parking; interior includes free‑standing range/oven with carpet and laminate flooring

    Overview

    This duplex includes two spacious 5-bedroom, 2-bath units for a total of 10 bedrooms and 4 bathrooms. One unit has been recently remodeled and is described as move-in ready, while the second unit is currently tenant occupied. The exterior of the property has also been freshly painted, supporting a maintained appearance and reducing near-term exterior upkeep. A large yard adds outdoor space for tenant use and flexibility in everyday living.

    The property is located at 1446 N MANDALAY Rd in Salt Lake City, Utah 84116. The parcel size is listed at 0.18 acres. Zoning is identified as single-family, aligning with the property’s duplex configuration.

    For investors and owner-occupants, this layout provides two separate units under one roof with a mix of readiness for occupancy. With one unit remodeled and the other already tenant occupied, the property may support both immediate rental income and future leasing momentum, depending on how the remodeled unit is marketed. The combination of unit count, bedroom and bath count, exterior updates, and yard space gives the property a practical tenant-appeal profile for residential income strategies.

    Local 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 $74.6k $20.16
    − Vacancy −$4.1k −$1.11
    EGI $70.5k $19.05
    − OpEx −$21.1k −$5.72
    NOI $49.3k $13.34
    3,700 SF · lease $20.16/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $704.9K
    $616.8K – $822.4K (±1% cap)
    NOI $49,343 @ 7.0% cap · market cap 6.58%
    Second Best
    Apartment 5plus
    $654.8K
    $573.0K – $764.0K (±1% cap)
    NOI $45,837 @ 7.0% cap · market cap 6.11%
    Theoretical Best
    Office A
    $996.8K
    $872.2K – $1.16M (±1% cap)
    NOI $69,778 @ 7.0% cap · market cap 9.30%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.94519
    Latitude
    40.801233

    FAQs

    What type of property is this?
    Duplex - Duplex offers two 5-bed, 2-bath units, with one recently remodeled and an updated exterior.
    Where is this duplex located?
    The property is located at 1446 N MANDALAY Rd Salt Lake City, UT.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: Duplex with two 5 bed, 2 bath units for a total of 10 bedrooms and 4 bathrooms; One unit has been recently remodeled and is move‑in ready; the other unit is tenant occupied; Exterior freshly painted for improved appearance and reduced near‑term maintenance
    More about this property
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