2384 S DERBY St West Valley City, UT 84119
MULTI_FAMILY - Other - West Valley City, UT
Property Features for 2384 S DERBY St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Multi-Family
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 1
- Parking
- 10
- Parking features
- Covered
- Window features
- Blinds
- Patio and Porch features
- Patio
- Exterior features
- Lighting, Sliding Glass Doors, Patio: Open
- Standard status
- Active
- APN
- 15-22-282-017
- Size
- 1,872 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2824
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Central, Natural Gas
Building Details
- Year built
- 1977
- Number of units
- 2
- Flooring type
- Tile, Carpet
- Building materials
- Brick, Stucco
- Roof type
- Asphalt
- Architectural style
- Other
Listing agent Jeffrey Callahan (801) 971-0131
Listing office Equity Real Estate 3296 N 850 W, Ogden, UT (800) 785-9995
Listing date May 22, 2026
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Investment Insights
Based on property information with market context.
Key Highlights
- Duplex built in 1977 with two 2 bed / 1 bath units
- Almost $3,000 gross monthly rents and over a 6% cap rate reported in public remarks
- Central forced‑air heating with natural gas
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.3k | $16.20 |
| − Vacancy | −$1.4k | −$0.73 |
| EGI | $29.0k | $15.47 |
| − OpEx | −$8.7k | −$4.64 |
| NOI | $20.3k | $10.83 |
