Duplex with In-Unit
3077 W Lehman Ave, West Valley City, UT 84119
For Sale
$699,000
Separate side entrances serve both residences, with laundry facilities inside each unit.
Property Size3,377 SF
Price / SF$206.99
Days on Market50
Property Features for 3077 W Lehman Ave
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Public Transit
Additional Details
Multifamily Units
Amenities
in-unit laundry
central air
Building Details
Year Built
Listing Agency:
Homes International
Listed By:
Wiser Real Estate
(801) 930-0214
Source:
Wiserhomesearch
Added: Sep 26
Changed: Nov 12
Last Checked: Nov 12 at 8:15AM
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 Homes International
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Investment Insights
Based on property information with market context.
Built in 1972, this 3,377-square-foot duplex contains two residences, each with in-unit laundry and a side entrance. Central air was installed in the units in 2017 and 2020. One furnace and one water heater were replaced in 2017.
The property is near Valley Fair Mall, the Maverik Center, TRAX stations, the planned University of Utah Eccles Health Campus, and Intermountain Health’s Fairbourne Campus. I-215 is also accessible from the property.
The property is near Valley Fair Mall, the Maverik Center, TRAX stations, the planned University of Utah Eccles Health Campus, and Intermountain Health’s Fairbourne Campus. I-215 is also accessible from the property.
Key Highlights
- Two‑unit duplex totaling 3,377 square feet
- Built in 1972
- In‑unit laundry and a separate side entrance in each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,572
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$731,440
$731.4K
Cap Rate 7%
$522,457
$522.5K
Cap Rate 9%
$406,356
$406.4K
Market Conditions
NOI Build-Up for 3,377 SF
Gross rent
$54.7K $16.20/SF
− Vacancy
−$2.5K −$0.73/SF
EGI
$52.2K $15.47/SF
− OpEx
−$15.7K −$4.64/SF
NOI
$36.6K $10.83/SF
Area
West Valley City, 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 Rate 5%
$731,440
Cap Rate 7%
$522,457
Cap Rate 9%
$406,356
Alternative Uses
Best Use
Multifamily LT 5
$522.5K
$457.2K – $609.5K
NOI $36,572 @ 7.0% cap · market cap 5.23%
Second Best
Apartment 5plus
$471.6K
$412.6K – $550.2K
NOI $33,010 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$966.8K
$845.9K – $1.13M
NOI $67,675 @ 7.0% cap · market cap 9.68%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
893
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
$341,800
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in West Valley City, UT
Properties on Market for Duplexes in West Valley City
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Separate side entrances serve both residences, with laundry facilities inside each unit.
Where is this duplex located?
The property is located at 3077 W Lehman Ave West Valley City, UT.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 3,377 square feet; Built in 1972; In‑unit laundry and a separate side entrance in each residence
