Two-Unit Duplex with
For Sale
$500,000
3232 S 3450 W, West Valley City, UT 84119
Both residences include laundry connections, updated two-bedroom layouts, and a mix of covered and uncovered parking.
Property Size1,928 SF
Days on Market11
Property Features for 3232 S 3450 W
General Information
Standard status
Active
Size
1,928 SF
Property subtype
Duplex
Site & Location
Neighborhood
Meadow Valley
Highway Access
Yes
Public Transit
Yes
Additional Details
Parking per Unit
2
Taxes and HOA fees
Annual Taxes
$2,200
Amenities
laundry hookups
newer appliances
fireplace
Building Details
Building Size
1,928 SF
Year Built
1975
Listing Agency:
Realtypath LLC
Listed By:
Jack W. Baughman
(801) 560-4663
Source:
Acresutah
Added: Oct 16
Changed: Oct 25
Last Checked: Oct 24 at 11:02PM
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
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Investment Insights
Based on property information with market context.
This 1,928-square-foot duplex, built in 1975, contains two residences, each with two bedrooms, one bathroom, laundry hookups, a fireplace, and newer appliances including a refrigerator. Each unit also has one covered and one uncovered parking space. The property includes a fenced yard.
Schools and shopping are nearby, with access to freeway routes and bus service.
Schools and shopping are nearby, with access to freeway routes and bus service.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- 1,928 square feet; built in 1975
- Each unit has laundry hookups, a fireplace, and newer appliances including a refrigerator
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,880
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$417,600
$417.6K
Cap Rate 7%
$298,286
$298.3K
Cap Rate 9%
$232,000
$232.0K
Market Conditions
NOI Build-Up for 1,928 SF
Gross rent
$31.2K $16.20/SF
− Vacancy
−$1.4K −$0.73/SF
EGI
$29.8K $15.47/SF
− OpEx
−$8.9K −$4.64/SF
NOI
$20.9K $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%
$417,600
Cap Rate 7%
$298,286
Cap Rate 9%
$232,000
Alternative Uses
Best Use
Multifamily LT 5
$298.3K
$261.0K – $348.0K
NOI $20,880 @ 7.0% cap · market cap 4.18%
Second Best
Apartment 5plus
$269.2K
$235.6K – $314.1K
NOI $18,846 @ 7.0% cap · market cap 3.77%
Theoretical Best
Office A
$552.0K
$483.0K – $644.0K
NOI $38,637 @ 7.0% cap · market cap 7.73%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
767
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
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences include laundry connections, updated two-bedroom layouts, and a mix of covered and uncovered parking.
Where is this duplex located?
The property is located at 3232 S 3450 W West Valley City, UT.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; 1,928 square feet; built in 1975; Each unit has laundry hookups, a fireplace, and newer appliances including a refrigerator
