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Duplex with Separate Utility Meters
For Sale
$379,900

2339 N 300 W, Sunset, UT 84015

Residential, Sunset, UT

Property Size1,600 SF
Lot Size0.20 Acres
Price / SF$237.44
Days on Market111

Property Features for 2339 N 300 W

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description R-1
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 4, Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 2
Parking 4
Parking features Covered
Window features Blinds
Interior features Disposal, Range/Oven: Free Stdng.
Lot features Curb & Gutter, Fenced: Part, Road: Paved, Secluded
Elementary school Sunset
Middle school Sunset
High school Northridge
Elementary school district Davis
Middle school district Davis
High school district Davis
Subdivision Hooper; Roy
Standard status Active
APN 13-063-0047
Size 1,600 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Annual Amount 2100

Utilities

Heating system Forced Air

Building Details

Year built 1958
Floors in Building 1
Number of units 2
Flooring type Tile, Carpet
Building materials Brick
Roof type Asphalt
Architectural style Other
Listing Agency: Real Estate Essentials
Listed By: Machelle Vanderhoeven
Added: Jul 6 Changed: Oct 20 Last Checked: Oct 24 at 6:06AM
MLS# 2174297

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Investment Insights

Based on property information with market context.

This 1,600-square-foot duplex contains two 800-square-foot residences, each configured with two bedrooms and one bathroom. Separate utility meters and water heaters serve the units, which also have laundry hookups. Brick construction, covered parking, and a 0.2-acre lot are among the property's physical features. Built in 1958, the property is offered in its current condition. Both units are occupied.

Key Highlights

  • Two 800‑square‑foot units, each with 2 bedrooms and 1 bathroom
  • Separate utility meters and water heaters for each residence
  • Both units currently occupied

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,644
Cap Rate
5.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$392,880 $392.9K
Cap Rate 7%
$280,629 $280.6K
Cap Rate 9%
$218,267 $218.3K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$31.0K $19.38/SF
− Vacancy
−$2.9K −$1.84/SF
EGI
$28.1K $17.54/SF
− OpEx
−$8.4K −$5.26/SF
NOI
$19.6K $12.28/SF
Area
Davis County, UT
Vacancy
9.50%
Lease Rate
$19.38 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$392,880
Cap Rate 7%
$280,629
Cap Rate 9%
$218,267

Alternative Uses

Best Use
Multifamily LT 5
$280.6K
$245.6K – $327.4K (±1% cap)
NOI $19,644 @ 7.0% cap · market cap 5.17%
Second Best
Apartment 5plus
$260.0K
$227.5K – $303.3K (±1% cap)
NOI $18,200 @ 7.0% cap · market cap 4.79%
Theoretical Best
Office A
$369.5K
$323.3K – $431.1K (±1% cap)
NOI $25,867 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

291
Businesses Nearby

Demographics for 84015, UT

68,548
Population
23,058
Households
3
Avg Household Size
30
Median Age
25%
College-Educated
93%
High-School Grad
20.8 sq mi
ZIP Area
3,296
Density / Sq Mi
$92,634
Median Household Income
$43,208
Median Earnings
$1,385
Median Rent
$377,200
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

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

Frequently Asked Questions

What type of property is this?
Duplex - Both residences are occupied and include laundry hookups, supporting current rental income.
Where is this duplex located?
The property is located at 2339 N 300 W Sunset, UT.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: Two 800‑square‑foot units, each with 2 bedrooms and 1 bathroom; Separate utility meters and water heaters for each residence; Both units currently occupied
More about this property
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