Side-by-Side Duplex with
New
For Sale
$489,000
1595 S RIVERSIDE DR W, Salt Lake City, UT 84104
Both residences offer two bedrooms and a full bathroom, with a shared two-car garage and long driveway.
Property Size1,421 SF
Price / SF$344.12
Days on Market4
Property Features for 1595 S RIVERSIDE DR W
General Information
Standard status
Active
Size
1,421 SF
Total Parking Spaces
2
Property subtype
Duplex
Site & Location
Neighborhood
Glendale
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Building Details
Building Size
1,421 SF
Year Built
1970
Buildings
1
Construction
rambler
Listing Agency:
4You Real Estate, LLC
Listed By:
Tony Reece
(801) 509-5341
Source:
Liftrealty
Added: Oct 28
Changed: Oct 30
Last Checked: Oct 30 at 2:54PM
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 4You Real Estate, LLC
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Investment Insights
Based on property information with market context.
This 1970 duplex is arranged as two side-by-side rambler units, each with 2 bedrooms and 1 full bathroom. The property measures 1,421 square feet and includes a 2-car garage that needs a new roof and some additional work, along with a long driveway.
Across the street are the Jordan River Parkway and Seventeenth Park. Glendale Golf Course is a couple of minutes away.
Across the street are the Jordan River Parkway and Seventeenth Park. Glendale Golf Course is a couple of minutes away.
Key Highlights
- Two side‑by‑side units, each with 2 bedrooms and 1 full bathroom
- 1,421‑square‑foot duplex built in 1970
- 2‑car garage needs a new roof and some work
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,950
Cap Rate
3.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$379,000
$379.0K
Cap Rate 7%
$270,714
$270.7K
Cap Rate 9%
$210,556
$210.6K
Market Conditions
NOI Build-Up for 1,421 SF
Gross rent
$28.6K $20.16/SF
− Vacancy
−$1.6K −$1.11/SF
EGI
$27.1K $19.05/SF
− OpEx
−$8.1K −$5.72/SF
NOI
$19.0K $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%
$379,000
Cap Rate 7%
$270,714
Cap Rate 9%
$210,556
Alternative Uses
Best Use
Multifamily LT 5
$270.7K
$236.9K – $315.8K
NOI $18,950 @ 7.0% cap · market cap 3.88%
Second Best
Apartment 5plus
$251.5K
$220.1K – $293.4K
NOI $17,604 @ 7.0% cap · market cap 3.60%
Theoretical Best
Office A
$382.8K
$335.0K – $446.7K
NOI $26,799 @ 7.0% cap · market cap 5.48%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
512
Businesses Nearby
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Business Placement
Demographics for 84104, UT
23,487
Population
8,452
Households
2.8
Avg Household Size
31
Median Age
22%
College-Educated
78%
High-School Grad
21.6 sq mi
ZIP Area
1,087
Density / Sq Mi
$61,326
Median Household Income
$35,013
Median Earnings
$1,235
Median Rent
$318,100
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 - Both residences offer two bedrooms and a full bathroom, with a shared two-car garage and long driveway.
Where is this duplex located?
The property is located at 1595 S RIVERSIDE DR W Salt Lake City, UT.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: Two side‑by‑side units, each with 2 bedrooms and 1 full bathroom; 1,421‑square‑foot duplex built in 1970; 2‑car garage needs a new roof and some work
