Leased Duplex With Open
New
For Sale
$495,000
2384 S DERBY St, West Valley City, UT 84119
MULTI_FAMILY - Other - West Valley City, UT
Property Size1,872 SF
Lot Size0.19 Acres
Price / SF$264.42
Days on Market2
Property Features for 2384 S DERBY St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Multi-Family
Zoning description
1208
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 3, Bathroom 1
Parking
10
Parking features
Covered
Window features
Blinds
Patio and Porch features
Patio
Exterior features
Lighting, Sliding Glass Doors, Patio: Open
Subdivision
RIVERSIDE
Lot features
Curb & Gutter, Fenced: Full, Sidewalks, Sprinkler: Auto- Full
Elementary school
Redwood
Middle school
Granite Park
High school
Granite Peaks
Elementary school district
Granite
Middle school district
Granite
High school district
Granite
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
Central, Forced Air, Natural Gas
Amenities
evaporative coolers
Building Details
Year built
1977
Number of units
2
Flooring type
Tile, Carpet
Building materials
Brick, Stucco
Roof type
Asphalt
Architectural style
Other
Listing Agency:
Equity Real Estate
(800) 785-9995
Listed By:
Jeffrey Callahan
(801) 971-0131
Added: Jul 31
Changed: Aug 1
Last Checked: Aug 1 at 3:06AM
MLS# 2175721
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Investment Insights
Based on property information with market context.
This fully-leased duplex offers two residential units with two bedrooms and one bathroom each, with interior finishes including tile and carpet. The property includes an open patio and sliding glass doors, plus exterior lighting. Construction materials are brick and stucco, and the roof is asphalt. Heating is provided by central forced air with natural gas. Parking is covered, and the home is connected to public sewer.
The lot size is 0.19 acres, and the property size is 1,872 square feet. The units are described as clean, well-maintained, and occupied.
The duplex was built in 1977 and includes evaporative coolers noted as brand new. Buyer to verify all information and do not disturb tenants.
The lot size is 0.19 acres, and the property size is 1,872 square feet. The units are described as clean, well-maintained, and occupied.
The duplex was built in 1977 and includes evaporative coolers noted as brand new. Buyer to verify all information and do not disturb tenants.
Key Highlights
- Fully‑leased duplex with two bedrooms and one bathroom per unit
- 0.19‑acre lot and 1,872 SF property size
- Multi‑Family zoning
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 |
1,872 SF · lease $16.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$289.6K
$253.4K – $337.9K
NOI $20,273 @ 7.0% cap · market cap 4.10%
Second Best
Apartment 5plus
$261.4K
$228.7K – $305.0K
NOI $18,299 @ 7.0% cap · market cap 3.70%
Theoretical Best
Office A
$535.9K
$468.9K – $625.3K
NOI $37,515 @ 7.0% cap · market cap 7.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,072
Businesses Nearby
Explore this area
Business Placement
Demographics for 84119, UT
54,143
Population
16,811
Households
3.2
Avg Household Size
31
Median Age
16%
College-Educated
79%
High-School Grad
11.5 sq mi
ZIP Area
4,708
Density / Sq Mi
$66,616
Median Household Income
$35,676
Median Earnings
$1,418
Median Rent
$341,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Duplex in Multi-Family zoning with two bedrooms and one bathroom per unit, central forced-air heat, and covered parking.
Where is this duplex located?
The property is located at 2384 S DERBY St West Valley City, UT.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Fully‑leased duplex with two bedrooms and one bathroom per unit; 0.19‑acre lot and 1,872 SF property size; Multi‑Family zoning
