Updated Duplex with Basement
New
For Sale
$365,000
235 W INTERNATIONAL Ave, Tooele, UT 84074
Residential, Tooele, UT
Property Size1,917 SF
Lot Size0.20 Acres
Price / SF$190.40
Days on Market1
Property Features for 235 W INTERNATIONAL Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Single-Family
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 1, Basement, Bedroom 2, Bedroom 4
Parking
5
Parking features
Open
Window features
Drapes
Interior features
Basement Apartment, Disposal, Kitchen: Second, Kitchen: Updated, Mother-in-Law Apt., Range/Oven: Built-In, Granite Countertops, Dishwasher: Built-In
Exterior features
Basement Entrance, Double Pane Windows, Lighting
Lot features
Curb & Gutter, Fenced: Part, Road: Paved, Sidewalks, Sprinkler: Auto- Full, View: Mountain
Elementary school
West
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
09-008-0-0025
Size
1,917 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Annual Amount
2519
Utilities
Sewer type
Public Sewer
Heating system
Central, Natural Gas, Forced Air
Building Details
Year built
1930
Number of units
2
Flooring type
Carpet, Tile
Building materials
Brick
Roof type
Asphalt
Architectural style
Other
Additional Structures
Other
Listing Agency:
Realtypath LLC (Platinum)
(801) 386-5908
Listed By:
Mark Dunn
(435) 849-5914
Added: Sep 24
Last Checked: Sep 24 at 6:06AM
MLS# 2187134
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 1,917-square-foot duplex-style residence includes a two-bedroom, one-bath main level and a separate basement apartment with two additional bedrooms, one bathroom, a full kitchen, living area, and separate laundry hookups. The upper level also offers a family room, dining area, updated kitchen, and laundry connections. A separate basement entrance supports independent access between the two living areas.
Recent improvements include flooring, baseboards, interior paint, doors, kitchens, bathrooms, and a new A/C unit. The property also features a one-car garage, newly paved driveway, front-yard sprinklers, grass, brick construction, double-pane windows, and a large unfinished backyard. Located near Tooele High School and Tooele Junior High, the home is also close to shopping, parks, and everyday amenities.
Recent improvements include flooring, baseboards, interior paint, doors, kitchens, bathrooms, and a new A/C unit. The property also features a one-car garage, newly paved driveway, front-yard sprinklers, grass, brick construction, double-pane windows, and a large unfinished backyard. Located near Tooele High School and Tooele Junior High, the home is also close to shopping, parks, and everyday amenities.
Key Highlights
- Separate basement apartment with its own entrance, full kitchen, living area, and laundry hookups
- 1,917 square feet with 4 bedrooms and 2 bathrooms
- Two updated kitchens and two separate laundry areas
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,761
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.69%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$415,220
$415.2K
Cap Rate 7%
$296,586
$296.6K
Cap Rate 9%
$230,678
$230.7K
Market Conditions
NOI Build-Up for 1,917 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$31.1K $16.20/SF
− Vacancy
−$1.4K −$0.73/SF
EGI
$29.7K $15.47/SF
− OpEx
−$8.9K −$4.64/SF
NOI
$20.8K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$415,220
Cap Rate 7%
$296,586
Cap Rate 9%
$230,678
Alternative Uses
Best Use
Multifamily LT 5
$296.6K
$259.5K – $346.0K
NOI $20,761 @ 7.0% cap · market cap 5.69%
Second Best
Apartment 5plus
$267.7K
$234.2K – $312.3K
NOI $18,738 @ 7.0% cap · market cap 5.13%
Theoretical Best
Office A
$516.5K
$451.9K – $602.6K
NOI $36,153 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
732
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
Check the figures for this property
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-bedroom main level and separate two-bedroom apartment provide flexible living arrangements with two kitchens and laundry hookups.
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: Separate basement apartment with its own entrance, full kitchen, living area, and laundry hookups; 1,917 square feet with 4 bedrooms and 2 bathrooms; Two updated kitchens and two separate laundry areas
