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Duplex with Basement Apartment

235 W International Ave, Tooele, UT 84074

For Sale
$365,000

Separate living areas provide flexibility for household use or rental income.

Property Size1,917 SF
Price / SF$190.40
Days on Market50

Property Features for 235 W International Ave

General Information

Standard status Active
Size 1,917 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Building Details

Year Built 1930
Buildings 1
Listing Agency: Realtypath LLC (Platinum)
Listed By: Mark Dunn · License UT #8236242
Source: Chancehammock
Added: Sep 26 Changed: Nov 13 Last Checked: Oct 7 at 1:29PM

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 Realtypath LLC (Platinum)

Rey
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Investment Insights

Based on property information with market context.

This 1,917-square-foot duplex has two living areas, each with two bedrooms, one bathroom, a kitchen, and laundry hookups. The basement apartment has its own entrance. Recent work includes flooring, baseboards, interior paint, doors, kitchen and bathroom updates, and a new air-conditioning unit. The property also includes a one-car garage, a paved driveway, and an unfinished backyard.

Built in 1930, the home is near Tooele High School and Tooele Junior High, with shopping and parks accessible nearby.

Key Highlights

  • 1,917 square feet with two distinct living areas
  • Basement apartment has a separate entrance, kitchen, laundry hookups, two bedrooms, and one bathroom
  • Main level includes two bedrooms, one bathroom, kitchen, and laundry hookups

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,749
Cap Rate
6.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$474,980 $475.0K
Cap Rate 7%
$339,271 $339.3K
Cap Rate 9%
$263,878 $263.9K
Market Conditions
NOI Build-Up for 1,917 SF
Gross rent
$45.5K $23.76/SF
− Vacancy
−$2.4K −$1.24/SF
EGI
$43.2K $22.52/SF
− OpEx
−$19.4K −$10.14/SF
NOI
$23.7K $12.39/SF
Area
Tooele County, UT
Vacancy
5.20%
Lease Rate
$23.76 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$474,980
Cap Rate 7%
$339,271
Cap Rate 9%
$263,878

Alternative Uses

Best Use
Apartment 5plus
$339.3K
$296.9K – $395.8K (±1% cap)
NOI $23,749 @ 7.0% cap · market cap 6.51%
Second Best
Multifamily LT 5
$296.6K
$259.5K – $346.0K (±1% cap)
NOI $20,761 @ 7.0% cap · market cap 5.69%
Theoretical Best
Office A
$516.5K
$451.9K – $602.6K (±1% cap)
NOI $36,153 @ 7.0% cap · market cap 9.90%
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

2
Residential units

Location Intelligence

Trade Area within ½ mile

732
Businesses Nearby

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
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 - Separate living areas provide flexibility for household use or rental income.
Where is this duplex located?
The property is located at 235 W International Ave Tooele, UT.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: 1,917 square feet with two distinct living areas; Basement apartment has a separate entrance, kitchen, laundry hookups, two bedrooms, and one bathroom; Main level includes two bedrooms, one bathroom, kitchen, and laundry hookups
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