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Renovated Duplex with Separate Laundry

1769 S Foothill Dr, Salt Lake City, UT 84108

For Sale
$719,000

Two units offer distinct bedroom and bath layouts, covered outdoor areas, and tenant-paid utilities.

Property Size2,235 SF
Price / SF$321.70
Days on Market209

Property Features for 1769 S Foothill Dr

General Information

Standard status Active
Size 2,235 SF
Total Parking Spaces 6
Property subtype Multi Family Home
Zoning Multi-Family

Site & Location

Neighborhood East Bench
Utilities to Site Yes

Units

Unit Mix 1 x 2BR/1.5BA, 1 x 3BR/2BA
Multifamily Units 2

Additional Details

Gross Income $55,740
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $2,999

Amenities

central air
covered deck
covered patio
in-unit laundry
Disposal
Gas Log
Kitchen: Second
Range/Oven: Free Stdng.
Dishwasher: Built-In
Basement Entrance
Deck; Covered
Patio: Covered

Building Details

Building Size 2,235 SF
Year Built 1955
Buildings 1
Units 2
Tenancy Multi
Listing Agency: Ngawaka Real Estate LLC
Listed By: Jason Boone
Source: Etzelonline
Added: Apr 13 Changed: Nov 7 Last Checked: Nov 7 at 1:43PM

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 Ngawaka Real Estate LLC

Rey
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Investment Insights

Based on property information with market context.

This 2,235-square-foot duplex, built in 1955, contains an upper unit with 2 bedrooms and 1.5 baths and a lower unit with 3 bedrooms and 2 baths. Each level has its own laundry room. The upper unit includes central air, a covered deck, and a covered backyard patio. Included appliances are two washers, two dryers, and two refrigerators. Recent work includes a roof, windows, exterior improvements, plumbing, insulation, countertops, flooring, and lighting; the basement was opened to the studs for insulation and plumbing work.

The property is on Salt Lake City’s east side, on a cul-de-sac, minutes from the University of Utah and Huntsman Cancer Institute. Tenants pay water, gas, electric, and trash; the upstairs tenant is responsible for lawn care. Leases are scheduled to end April 30, 2027, for the upper unit and May 31, 2027, for the lower unit. Both leases include a 30-day termination option with a fee equal to one month’s rent.

Key Highlights

  • 2,235‑square‑foot duplex built in 1955
  • Upper unit: 2 bedrooms, 1.5 baths; lower unit: 3 bedrooms, 2 baths
  • Separate laundry rooms; two washers, two dryers, and two refrigerators included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,806
Cap Rate
4.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$596,120 $596.1K
Cap Rate 7%
$425,800 $425.8K
Cap Rate 9%
$331,178 $331.2K
Market Conditions
NOI Build-Up for 2,235 SF
Gross rent
$45.1K $20.16/SF
− Vacancy
−$2.5K −$1.11/SF
EGI
$42.6K $19.05/SF
− OpEx
−$12.8K −$5.72/SF
NOI
$29.8K $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%
$596,120
Cap Rate 7%
$425,800
Cap Rate 9%
$331,178

Alternative Uses

Best Use
Multifamily LT 5
$425.8K
$372.6K – $496.8K (±1% cap)
NOI $29,806 @ 7.0% cap · market cap 4.15%
Second Best
Apartment 5plus
$395.5K
$346.1K – $461.5K (±1% cap)
NOI $27,688 @ 7.0% cap · market cap 3.85%
Theoretical Best
Office A
$602.1K
$526.9K – $702.5K (±1% cap)
NOI $42,150 @ 7.0% cap · market cap 5.86%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

408
Businesses Nearby

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

Average Price Trend$/SF for Duplexes in Salt Lake City, UT

$352 Jul
$340 Aug
$308 Sep
$320 Oct

Properties on Market for Duplexes in Salt Lake City

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two units offer distinct bedroom and bath layouts, covered outdoor areas, and tenant-paid utilities.
Where is this duplex located?
The property is located at 1769 S Foothill Dr Salt Lake City, UT.
What is the asking price?
The asking price for this property is $719,000.
What are key features of this property?
This property features: 2,235‑square‑foot duplex built in 1955; Upper unit: 2 bedrooms, 1.5 baths; lower unit: 3 bedrooms, 2 baths; Separate laundry rooms; two washers, two dryers, and two refrigerators included
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