Three-Unit
For Sale
$950,000
1888 S 1100 E, Salt Lake City, UT 84105
Three residences offer varied bedroom layouts, with two units on the main level and one upstairs.
Property Size2 SF
Price / SF$295.03
Days on Market16
Property Features for 1888 S 1100 E
General Information
Standard status
Active
Size
2 SF
Property subtype
Triplex
Units
Unit Mix
1BR/1BA, 2BR, 3BR/1BA
Multifamily Units
3
Building Details
Building Size
2 SF
Year Built
1896
Buildings
1
Listing Agency:
Real Broker, LLC
Listed By:
Cody Steck
(801) 244-2297
Source:
Liftrealty
Added: Sep 21
Changed: Oct 4
Last Checked: Oct 5 at 6:20PM
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 Real Broker, LLC
Investment Insights
Based on property information with market context.
This 3,220-square-foot triplex, built in 1896, contains three apartments. The main floor has a one-bedroom, one-bath unit and a second apartment with two bedrooms, an additional room without a closet, and a kitchen and living area. The upper level holds a three-bedroom, one-bath residence, the largest of the three units.
The property is within walking distance of Westminster College and the 9th and 9th area, with access to Sugar House also noted.
The property is within walking distance of Westminster College and the 9th and 9th area, with access to Sugar House also noted.
Key Highlights
- 3,220‑square‑foot triplex built in 1896
- Three units: 1 bedroom/1 bath, 2 bedrooms plus an extra room without a closet, and 3 bedrooms/1 bath
- Two apartments are on the main floor; the largest unit is upstairs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,941
Cap Rate
4.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$858,820
$858.8K
Cap Rate 7%
$613,443
$613.4K
Cap Rate 9%
$477,122
$477.1K
Market Conditions
NOI Build-Up for 3,220 SF
Gross rent
$64.9K $20.16/SF
− Vacancy
−$3.6K −$1.11/SF
EGI
$61.3K $19.05/SF
− OpEx
−$18.4K −$5.72/SF
NOI
$42.9K $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%
$858,820
Cap Rate 7%
$613,443
Cap Rate 9%
$477,122
Alternative Uses
Best Use
Multifamily LT 5
$613.4K
$536.8K – $715.7K
NOI $42,941 @ 7.0% cap · market cap 4.52%
Second Best
Apartment 5plus
$569.9K
$498.6K – $664.9K
NOI $39,891 @ 7.0% cap · market cap 4.20%
Theoretical Best
Office A
$867.5K
$759.1K – $1.01M
NOI $60,726 @ 7.0% cap · market cap 6.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,497
Businesses Nearby
Explore this area
Business Placement
Demographics for 84105, UT
22,856
Population
10,953
Households
2.1
Avg Household Size
35
Median Age
66%
College-Educated
97%
High-School Grad
3.1 sq mi
ZIP Area
7,373
Density / Sq Mi
$94,145
Median Household Income
$52,785
Median Earnings
$1,482
Median Rent
$632,200
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Three residences offer varied bedroom layouts, with two units on the main level and one upstairs.
Where is this triplex located?
The property is located at 1888 S 1100 E Salt Lake City, UT.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 3,220‑square‑foot triplex built in 1896; Three units: 1 bedroom/1 bath, 2 bedrooms plus an extra room without a closet, and 3 bedrooms/1 bath; Two apartments are on the main floor; the largest unit is upstairs
