Side-by-Side Duplex with
1459 E Hollywood Ave, Salt Lake City, UT 84105
For Sale
$860,000
Individual utility metering and driveways provide distinct access for each residence.
Property Size3,144 SF
Price / SF$273.54
Days on Market53
Property Features for 1459 E Hollywood Ave
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Property Condition
Severity
Evidence
Site & Location
Neighborhood
Highway Access
Public Transit
Utilities to Site
Units
Unit Mix
Multifamily Units
Building Details
Year Built
Buildings
Listing Agency:
RE/MAX Associates
Listed By:
David E. Winters
(801) 450-1144
Source:
Brreutah
Added: Sep 18
Changed: Nov 8
Last Checked: Oct 30 at 4:38PM
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 RE/MAX Associates
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Investment Insights
Based on property information with market context.
Built in 1940, this side-by-side duplex includes two residences with practical main-level layouts. Each unit has two bedrooms, a full bathroom, living and dining areas, built-in cabinetry, original hardwood flooring, and abundant natural light. The property also provides two one-car garages and a separate driveway for each home.
Basement configurations differ between the units: one is entirely unfinished, while the other includes a family room and bathroom. Electric and gas service are separately metered. Located at 1459 E Hollywood Ave in Salt Lake City, the property is within walking distance of Sugar House Park, restaurants, shopping, and public transportation, with freeway access nearby. Downtown Salt Lake and several canyons are also accessible from the property.
Basement configurations differ between the units: one is entirely unfinished, while the other includes a family room and bathroom. Electric and gas service are separately metered. Located at 1459 E Hollywood Ave in Salt Lake City, the property is within walking distance of Sugar House Park, restaurants, shopping, and public transportation, with freeway access nearby. Downtown Salt Lake and several canyons are also accessible from the property.
Key Highlights
- Side‑by‑side duplex at 1459 E HOLLYWOOD AVE, Salt Lake City, UT 84105
- Built in 1940 with two residences, each offering two bedrooms and one full bath
- Two one‑car garages and separate driveways serve the individual units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,928
Cap Rate
4.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$838,560
$838.6K
Cap Rate 7%
$598,971
$599.0K
Cap Rate 9%
$465,867
$465.9K
Market Conditions
NOI Build-Up for 3,144 SF
Gross rent
$63.4K $20.16/SF
− Vacancy
−$3.5K −$1.11/SF
EGI
$59.9K $19.05/SF
− OpEx
−$18.0K −$5.72/SF
NOI
$41.9K $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%
$838,560
Cap Rate 7%
$598,971
Cap Rate 9%
$465,867
Alternative Uses
Best Use
Multifamily LT 5
$599.0K
$524.1K – $698.8K
NOI $41,928 @ 7.0% cap · market cap 4.88%
Second Best
Apartment 5plus
$556.4K
$486.9K – $649.2K
NOI $38,949 @ 7.0% cap · market cap 4.53%
Theoretical Best
Office A
$847.0K
$741.2K – $988.2K
NOI $59,293 @ 7.0% cap · market cap 6.89%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,773
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
$632,200
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Salt Lake City, UT
Properties on Market for Duplexes in Salt Lake City
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Individual utility metering and driveways provide distinct access for each residence.
Where is this duplex located?
The property is located at 1459 E Hollywood Ave Salt Lake City, UT.
What is the asking price?
The asking price for this property is $860,000.
What are key features of this property?
This property features: Side‑by‑side duplex at 1459 E HOLLYWOOD AVE, Salt Lake City, UT 84105; Built in 1940 with two residences, each offering two bedrooms and one full bath; Two one‑car garages and separate driveways serve the individual units
