Updated Duplex with Private
For Sale
$399,900
230 N 2ND E, Tooele, UT 84074
Residential, Tooele, UT
Property Size1,450 SF
Lot Size0.15 Acres
Price / SF$275.79
Days on Market93
Property Features for 230 N 2ND E
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Multi-Family
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 4
Parking
4
Parking features
Covered
Window features
Blinds
Lot features
Road: Paved
Elementary school
Sterling
Middle school
Tooele
High school
Tooele
Elementary school district
Tooele
Middle school district
Tooele
High school district
Tooele
Subdivision
Grantsville; Tooele; Erda; StanP
Standard status
Active
APN
02-099-0-0004
Size
1,450 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Annual Amount
1650
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Central, Natural Gas
Amenities
private storage shed
Building Details
Year built
1950
Number of units
2
Flooring type
Tile, Carpet, Laminate
Building materials
Aluminum
Roof type
Asphalt
Architectural style
Other
Listing Agency:
Realtypath LLC (Platinum)
(801) 386-5908
Listed By:
Mark Dunn
(435) 849-5914
Added: Jul 14
Changed: Sep 16
Last Checked: Oct 14 at 12:06PM
MLS# 2171814
Copyright © 2026 UtahRealEstate.com. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,450-square-foot duplex contains two separate residences on a 0.15-acre lot. The front unit has laminate flooring, updated baseboards and casing, replacement interior doors, a remodeled kitchen, and a refreshed bathroom. The rear residence includes new carpet and paint, while its current tenant has occupied the home for 11 years. Each unit has a private storage shed, and the homes are arranged as distinct living spaces. Covered parking serves the property.
Built in 1950, the property is zoned Multi-Family and uses aluminum construction, asphalt roofing, public sewer, and natural-gas forced-air central heat. Interior finishes include tile, carpet, and laminate flooring. The two-residence configuration supports separate occupancy within a single multifamily property.
Built in 1950, the property is zoned Multi-Family and uses aluminum construction, asphalt roofing, public sewer, and natural-gas forced-air central heat. Interior finishes include tile, carpet, and laminate flooring. The two-residence configuration supports separate occupancy within a single multifamily property.
Key Highlights
- Two separate residences on a 0.15‑acre lot
- 1,450 square feet of total property size
- Front unit includes remodeled kitchen and updated bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,703
Cap Rate
3.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,060
$314.1K
Cap Rate 7%
$224,329
$224.3K
Cap Rate 9%
$174,478
$174.5K
Market Conditions
NOI Build-Up for 1,450 SF
Gross rent
$23.5K $16.20/SF
− Vacancy
−$1.1K −$0.73/SF
EGI
$22.4K $15.47/SF
− OpEx
−$6.7K −$4.64/SF
NOI
$15.7K $10.83/SF
Area
Tooele County, UT
Vacancy
4.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,060
Cap Rate 7%
$224,329
Cap Rate 9%
$174,478
Alternative Uses
Best Use
Multifamily LT 5
$224.3K
$196.3K – $261.7K
NOI $15,703 @ 7.0% cap · market cap 3.93%
Second Best
Apartment 5plus
$202.5K
$177.2K – $236.2K
NOI $14,174 @ 7.0% cap · market cap 3.54%
Theoretical Best
Office A
$390.7K
$341.8K – $455.8K
NOI $27,346 @ 7.0% cap · market cap 6.84%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
829
Businesses Nearby
Explore this area
Business Placement
Demographics for 84074, UT
55,001
Population
18,128
Households
3
Avg Household Size
31
Median Age
24%
College-Educated
93%
High-School Grad
174.3 sq mi
ZIP Area
316
Density / Sq Mi
$102,313
Median Household Income
$47,385
Median Earnings
$1,197
Median Rent
$383,300
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences share one lot, with distinct living settings and covered parking for the multifamily asset.
Where is this duplex located?
The property is located at 230 N 2ND E Tooele, UT.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Two separate residences on a 0.15‑acre lot; 1,450 square feet of total property size; Front unit includes remodeled kitchen and updated bathroom
