Updated Duplex With Detached
241 E UTAH AVE, Tooele, UT 84074
For Sale
$435,000
Pending
Separate basement apartment provides a private entrance, kitchen, and laundry hookups.
Property Size2,112 SF
Days on Market96
Property Features for 241 E UTAH AVE
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Gross Income
Amenities
detached garage
Building Details
Building Size
Year Built
Construction
Listing Agency:
Realtypath LLC (Platinum)
(801) 386-5908
Listed By:
Mark Dunn
(435) 849-5914
Source:
Liftrealty
Added: Aug 6
Changed: Nov 8
Last Checked: Nov 8 at 6:06AM
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)
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This updated rambler is configured as a duplex with a main-level residence and a separate basement apartment. The upper unit includes a family room, kitchen, dining area, three bedrooms, two bathrooms, and a laundry area. The lower unit offers three bedrooms, one bathroom, its own kitchen, private entry, and separate laundry hookups.
Both kitchens feature quartz countertops and stainless steel appliances. Bathroom improvements include new LVP flooring, epoxied tubs, and updated vanities. The property also includes a newer roof, furnace, AC, and water heater, along with a large detached garage and ample parking. Built in 1996, the property contains 2,112 SF and is located at 241 E Utah Ave in Tooele, Utah.
Both kitchens feature quartz countertops and stainless steel appliances. Bathroom improvements include new LVP flooring, epoxied tubs, and updated vanities. The property also includes a newer roof, furnace, AC, and water heater, along with a large detached garage and ample parking. Built in 1996, the property contains 2,112 SF and is located at 241 E Utah Ave in Tooele, Utah.
Key Highlights
- 2,112 SF duplex built in 1996
- Basement unit includes 3 bedrooms, 1 bathroom, kitchen, private entrance, and separate laundry hookups
- Main‑level unit offers 3 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,164
Cap Rate
6.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$523,280
$523.3K
Cap Rate 7%
$373,771
$373.8K
Cap Rate 9%
$290,711
$290.7K
Market Conditions
NOI Build-Up for 2,112 SF
Gross rent
$50.2K $23.76/SF
− Vacancy
−$2.6K −$1.24/SF
EGI
$47.6K $22.52/SF
− OpEx
−$21.4K −$10.14/SF
NOI
$26.2K $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%
$523,280
Cap Rate 7%
$373,771
Cap Rate 9%
$290,711
Alternative Uses
Best Use
Apartment 5plus
$373.8K
$327.1K – $436.1K
NOI $26,164 @ 7.0% cap · market cap 6.01%
Second Best
Multifamily LT 5
$326.7K
$285.9K – $381.2K
NOI $22,872 @ 7.0% cap · market cap 5.26%
Theoretical Best
Office A
$569.0K
$497.9K – $663.8K
NOI $39,830 @ 7.0% cap · market cap 9.16%
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
757
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
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Separate basement apartment provides a private entrance, kitchen, and laundry hookups.
Where is this duplex located?
The property is located at 241 E UTAH AVE Tooele, UT.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: 2,112 SF duplex built in 1996; Basement unit includes 3 bedrooms, 1 bathroom, kitchen, private entrance, and separate laundry hookups; Main‑level unit offers 3 bedrooms and 2 bathrooms
