Two-Unit Duplex
For Sale
$399,900
1461 W SUNSET AVE, West Valley City, UT 84119
Well-located duplex with two identical 2-bed, 1-bath units, including one refreshed in 2025.
Property Size1,092 SF
Price / SF$366.21
Days on Market57
Property Features for 1461 W SUNSET AVE
General Information
Standard status
Active
Size
1,092 SF
Property subtype
Duplex
Additional Details
Multifamily Units
2
Building Details
Building Size
1,092 SF
Year Built
1945
Listing Agency:
KW Utah Realtors Keller Williams
(801) 858-0000
Listed By:
Jordy Clark · License #8992415
(801) 857-5383
Source:
Liftrealty
Added: Jul 16
Changed: Sep 10
Last Checked: Sep 10 at 5:33AM
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 KW Utah Realtors Keller Williams
Investment Insights
Based on property information with market context.
This well-located duplex features two identical units, each offering 2 bedrooms and 1 bathroom. The property is configured as a straightforward two-unit setup that can support owner-occupancy while generating rental income from the second side. One unit was refreshed in 2025 with updated finishes, while the other unit is described as being in great shape.
Located at 1461 W Sunset Ave in West Valley City, UT, the duplex is positioned with easy access to local amenities, schools, and major commuter routes.
From a practical standpoint, the property provides consistent unit layouts across both sides, with clear separation as two distinct residences. The combination of a 2025 refresh on one unit and strong condition on the other can help reduce near-term maintenance concerns for prospective buyers.
Located at 1461 W Sunset Ave in West Valley City, UT, the duplex is positioned with easy access to local amenities, schools, and major commuter routes.
From a practical standpoint, the property provides consistent unit layouts across both sides, with clear separation as two distinct residences. The combination of a 2025 refresh on one unit and strong condition on the other can help reduce near-term maintenance concerns for prospective buyers.
Key Highlights
- Duplex built in 1945 with two identical units
- Each unit features 2 bedrooms and 1 bathroom
- One unit was refreshed in 2025 with updated finishes
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$11,826
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.96%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$236,520
$236.5K
Cap Rate 7%
$168,943
$168.9K
Cap Rate 9%
$131,400
$131.4K
Market Conditions
NOI Build-Up for 1,092 SF
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.
Gross rent
$17.7K $16.20/SF
− Vacancy
−$796 −$0.73/SF
EGI
$16.9K $15.47/SF
− OpEx
−$5.1K −$4.64/SF
NOI
$11.8K $10.83/SF
Area
West Valley City, UT
Vacancy
4.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$236,520
Cap Rate 7%
$168,943
Cap Rate 9%
$131,400
Alternative Uses
Best Use
Multifamily LT 5
$168.9K
$147.8K – $197.1K
NOI $11,826 @ 7.0% cap · market cap 2.96%
Second Best
Apartment 5plus
$152.5K
$133.4K – $177.9K
NOI $10,674 @ 7.0% cap · market cap 2.67%
Theoretical Best
Office A
$312.6K
$273.6K – $364.7K
NOI $21,884 @ 7.0% cap · market cap 5.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,007
Businesses Nearby
Explore this area
Business Placement
Demographics for 84119, UT
54,143
Population
16,811
Households
3.2
Avg Household Size
31
Median Age
16%
College-Educated
79%
High-School Grad
11.5 sq mi
ZIP Area
4,708
Density / Sq Mi
$66,616
Median Household Income
$35,676
Median Earnings
$1,418
Median Rent
$341,800
Median Home Value
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 - Well-located duplex with two identical 2-bed, 1-bath units, including one refreshed in 2025.
Where is this duplex located?
The property is located at 1461 W SUNSET AVE West Valley City, UT.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Duplex built in 1945 with two identical units; Each unit features 2 bedrooms and 1 bathroom; One unit was refreshed in 2025 with updated finishes
