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Duplex with Separate-Entry Lower Level

1844 S 1700 E, Salt Lake City, UT 84108

For Sale
New
$799,000

Residential, Salt Lake City, UT

Property Size2,238 SF
Lot Size0.14 Acres
Price / SF$357.02
Days on Market2

Property Features for 1844 S 1700 E

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Single-Family
Zoning description RES
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 2
Parking 4
Parking features Covered, Secured
Window features Blinds
Patio and Porch features Deck, Patio
Exterior features Bay Box Windows, Deck; Covered, Double Pane Windows, Patio: Covered, Secured Parking
Lot features Corner Lot, Sprinkler: Auto- Full, View: Mountain
Elementary school Uintah
Middle school Clayton
High school Highland
Elementary school district Salt Lake
Middle school district Salt Lake
High school district Salt Lake
Subdivision Salt Lake City; Ft Douglas
Standard status Active
APN 16-16-404-012
Size 2,238 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Annual Amount 3798

Utilities

Heating system Central, Forced Air, Natural Gas

Amenities

covered patio
backyard
detached garage

Building Details

Year built 1941
Number of units 2
Flooring type Tile, Carpet, Hardwood
Building materials Brick
Roof type Asphalt
Architectural style Other
Buildings 1
Listing Agency: Windermere Real Estate
Listed By: T. Michael Durr
Added: Nov 5 Changed: Nov 6 Last Checked: Nov 6 at 9:06PM
MLS# 2194882

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Rey
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Investment Insights

Based on property information with market context.

This 2,238-square-foot brick residence, built in 1941, has four bedrooms and two bathrooms arranged with two of each bedroom and one bathroom on each level. The lower floor includes a full kitchen and a separate entrance, creating a lockout-style apartment option. Recent improvements include replacement windows and fresh paint upstairs. A covered patio, backyard, and detached garage are also part of the property.

The 0.14-acre parcel is near Westminster University and the University of Utah, with shopping, dining, and freeway access in the surrounding area. The property is zoned Single-Family.

Key Highlights

  • 4 bedrooms and 2 bathrooms, with two bedrooms and one bath on each level
  • Lower level has a full kitchen and separate entrance
  • 2,238 square feet on a 0.14‑acre lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,846
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$596,920 $596.9K
Cap Rate 7%
$426,371 $426.4K
Cap Rate 9%
$331,622 $331.6K
Market Conditions
NOI Build-Up for 2,238 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%
$596,920
Cap Rate 7%
$426,371
Cap Rate 9%
$331,622

Alternative Uses

Best Use
Multifamily LT 5
$426.4K
$373.1K – $497.4K (±1% cap)
NOI $29,846 @ 7.0% cap · market cap 3.74%
Second Best
Apartment 5plus
$396.1K
$346.6K – $462.1K (±1% cap)
NOI $27,725 @ 7.0% cap · market cap 3.47%
Theoretical Best
Office A
$602.9K
$527.6K – $703.4K (±1% cap)
NOI $42,206 @ 7.0% cap · market cap 5.28%
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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

458
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 - The lower floor combines a full kitchen, two bedrooms, a bathroom, and its own entrance.
Where is this duplex located?
The property is located at 1844 S 1700 E Salt Lake City, UT.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 4 bedrooms and 2 bathrooms, with two bedrooms and one bath on each level; Lower level has a full kitchen and separate entrance; 2,238 square feet on a 0.14‑acre lot
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