Duplex with Covered
For Sale
$790,000
1723 E 1700 S, Salt Lake City, UT 84108
Two-unit residence with garage storage, a backyard, mountain views, and access to nearby shopping, dining, and transit.
Property Size2,454 SF
Price / SF$321.92
Days on Market48
Property Features for 1723 E 1700 S
General Information
Standard status
Active
Size
2,454 SF
Property subtype
Multi-Family
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
2
Amenities
covered porch
hardwood and laminate flooring
oversized garage with storage
backyard
Building Details
Year Built
1944
Listing Agency:
Summit Sotheby's International Realty
Listed By:
Ryan Kirkham · License #5476287
(801) 272-7277
Source:
Redsign
Added: Sep 2
Changed: Oct 16
Last Checked: Oct 5 at 7:52PM
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 Summit Sotheby's International Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1944, this 2,454-square-foot duplex at 1723 E 1700 S includes a covered porch, hardwood and laminate flooring, and a newer roof. An oversized garage provides additional storage, while the backyard captures mountain views.
The property is within walking distance of Wasatch Hollow Park and close to Sugar House shopping, dining, and transit. Westminster College, the University of Utah, I-80, Park City, and Salt Lake City International Airport are also accessible from the property.
The property is within walking distance of Wasatch Hollow Park and close to Sugar House shopping, dining, and transit. Westminster College, the University of Utah, I-80, Park City, and Salt Lake City International Airport are also accessible from the property.
Key Highlights
- 2,454‑square‑foot duplex built in 1944
- Covered porch and hardwood and laminate flooring
- Newer roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,726
Cap Rate
4.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$654,520
$654.5K
Cap Rate 7%
$467,514
$467.5K
Cap Rate 9%
$363,622
$363.6K
Market Conditions
NOI Build-Up for 2,454 SF
Gross rent
$49.5K $20.16/SF
− Vacancy
−$2.7K −$1.11/SF
EGI
$46.8K $19.05/SF
− OpEx
−$14.0K −$5.72/SF
NOI
$32.7K $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%
$654,520
Cap Rate 7%
$467,514
Cap Rate 9%
$363,622
Alternative Uses
Best Use
Multifamily LT 5
$467.5K
$409.1K – $545.4K
NOI $32,726 @ 7.0% cap · market cap 4.14%
Second Best
Apartment 5plus
$434.3K
$380.0K – $506.7K
NOI $30,401 @ 7.0% cap · market cap 3.85%
Theoretical Best
Office A
$661.1K
$578.5K – $771.3K
NOI $46,280 @ 7.0% cap · market cap 5.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
535
Businesses Nearby
Explore this area
Business Placement
Demographics for 84108, UT
21,261
Population
8,258
Households
2.6
Avg Household Size
35
Median Age
78%
College-Educated
98%
High-School Grad
72.2 sq mi
ZIP Area
294
Density / Sq Mi
$120,469
Median Household Income
$42,821
Median Earnings
$1,562
Median Rent
$759,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residence with garage storage, a backyard, mountain views, and access to nearby shopping, dining, and transit.
Where is this duplex located?
The property is located at 1723 E 1700 S Salt Lake City, UT.
What is the asking price?
The asking price for this property is $790,000.
What are key features of this property?
This property features: 2,454‑square‑foot duplex built in 1944; Covered porch and hardwood and laminate flooring; Newer roof
