Residential
For Sale
$925,000
22 W 300 N, Salt Lake City, UT 84103
The property combines five bedrooms and three bathrooms across its residential configuration.
Property Size2,631 SF
Price / SF$351.58
Days on Market167
Property Features for 22 W 300 N
General Information
Standard status
Active
Size
2,631 SF
Property subtype
Triplex
Site & Location
Neighborhood
Capitol Hill
Public Transit
Yes
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$3,442
Building Details
Building Size
2,631 SF
Year Built
1912
Listing Agency:
KW Utah Realtors Keller Williams
Listed By:
Cameron Burnside · License #5488326
(801) 706-5337
Source:
Moveutahrealestate
Added: May 21
Changed: Nov 1
Last Checked: Nov 3 at 8:28AM
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 KW Utah Realtors Keller Williams
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Salt Lake City triplex contains 2,631 square feet, with five bedrooms and three bathrooms in total. The building dates to 1912.
Situated in downtown Salt Lake City, the property is minutes from restaurants, entertainment, TRAX, and the University of Utah.
Situated in downtown Salt Lake City, the property is minutes from restaurants, entertainment, TRAX, and the University of Utah.
Key Highlights
- 2,631‑square‑foot triplex
- Five bedrooms and three bathrooms total
- Built in 1912
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,087
Cap Rate
3.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$701,740
$701.7K
Cap Rate 7%
$501,243
$501.2K
Cap Rate 9%
$389,856
$389.9K
Market Conditions
NOI Build-Up for 2,631 SF
Gross rent
$53.0K $20.16/SF
− Vacancy
−$2.9K −$1.11/SF
EGI
$50.1K $19.05/SF
− OpEx
−$15.0K −$5.72/SF
NOI
$35.1K $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%
$701,740
Cap Rate 7%
$501,243
Cap Rate 9%
$389,856
Alternative Uses
Best Use
Multifamily LT 5
$501.2K
$438.6K – $584.8K
NOI $35,087 @ 7.0% cap · market cap 3.79%
Second Best
Apartment 5plus
$465.6K
$407.4K – $543.2K
NOI $32,594 @ 7.0% cap · market cap 3.52%
Theoretical Best
Office A
$708.8K
$620.2K – $827.0K
NOI $49,618 @ 7.0% cap · market cap 5.36%
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
3
Residential units
Location Intelligence
Trade Area within ½ mile
3,311
Businesses Nearby
Explore this area
Business Placement
Demographics for 84103, UT
22,788
Population
13,528
Households
1.7
Avg Household Size
36
Median Age
66%
College-Educated
98%
High-School Grad
20.5 sq mi
ZIP Area
1,112
Density / Sq Mi
$81,386
Median Household Income
$54,787
Median Earnings
$1,374
Median Rent
$710,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - The property combines five bedrooms and three bathrooms across its residential configuration.
Where is this triplex located?
The property is located at 22 W 300 N Salt Lake City, UT.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 2,631‑square‑foot triplex; Five bedrooms and three bathrooms total; Built in 1912
