Two-Unit
For Sale
$399,900
1461 W SUNSET Ave, West Valley City, UT 84119
Residential, West Valley City, UT
Property Size1,092 SF
Lot Size0.22 Acres
Price / SF$366.21
Days on Market48
Property Features for 1461 W SUNSET Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Multi-Family
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 1
Parking
6
Parking features
Covered, RV
Patio and Porch features
Porch
Interior features
Oven: Gas, Range/Oven: Free Stdng.
Exterior features
Out Buildings, Porch: Open
Lot features
Fenced: Full
Elementary school
Redwood
Middle school
Granite Park
High school
Granger
Elementary school district
Granite
Middle school district
Granite
High school district
Granite
Subdivision
Magna; Taylrsvl; WVC; SLC
Standard status
Active
APN
15-27-210-010
Size
1,092 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Annual Amount
1779
Utilities
Sewer type
Public Sewer
Heating system
Central, Natural Gas
Building Details
Year built
1945
Number of units
2
Flooring type
Carpet
Building materials
Stucco
Roof type
Tar/Gravel
Architectural style
Other
Listing Agency:
KW Utah Realtors Keller Williams · Keller Williams Realty
(801) 858-0000
Listed By:
Jordy Clark · License #8992415
(801) 857-5383
Added: Jul 16
Changed: Aug 22
Last Checked: Sep 1 at 11:06PM
MLS# 2172295
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.
Investment Insights
Based on property information with market context.
This duplex contains 1,092 square feet across two matching residences, each arranged with two bedrooms and one bathroom. One unit received refreshed finishes in 2025. The property includes gas cooking appliances, central natural-gas heating, carpeted floors, stucco construction, and open porch space. Covered parking and RV parking are also provided, along with an outbuilding.
Set on 0.22 acres in West Valley City, the property is zoned Multi-Family and served by public sewer. Its location offers access to local amenities, schools, and major commuter routes. Built in 1945, the property presents a two-residence configuration with separate living spaces and shared site improvements.
Set on 0.22 acres in West Valley City, the property is zoned Multi-Family and served by public sewer. Its location offers access to local amenities, schools, and major commuter routes. Built in 1945, the property presents a two-residence configuration with separate living spaces and shared site improvements.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- 1,092 square feet on a 0.22‑acre lot
- One unit refreshed in 2025
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
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
577
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 - Two residential units provide a two-bedroom, one-bath layout, with one side 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: Two residences, each with 2 bedrooms and 1 bathroom; 1,092 square feet on a 0.22‑acre lot; One unit refreshed in 2025
