Two-Unit Duplex
3544 S 5450 W Salt Lake City, UT 84120
For Sale
$390,000
Duplex with one tenant renting both sides and a 3-year tenancy history.
Property Size1,208 SF
Price / SF$322.85
Days on Market41
Property Features for 3544 S 5450 W
General Information
- Standard status
- Active
- Size
- 1,208 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1956
Listing Agency:
KW South Valley Keller Williams
(801) 918-8004
Listed By:
Kroger Menzer
(801) 918-8004
Source:
Liftrealty
Added: Jun 17
Changed: Jul 25
Last Checked: Jul 26 at 1:49PM
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 KW South Valley Keller Williams
Investment Insights
Based on property information with market context.
This duplex offers two rental sides with one family currently renting both units. The existing tenants have been in place for about three years and would like to remain if possible, per agent remarks.
The property is offered for sale in Salt Lake City, Utah, and was reportedly just appraised for $390,000.
The current configuration is a straightforward two-unit setup suited to residential income buyers seeking a duplex with established occupancy.
The property is offered for sale in Salt Lake City, Utah, and was reportedly just appraised for $390,000.
The current configuration is a straightforward two-unit setup suited to residential income buyers seeking a duplex with established occupancy.
Key Highlights
- 1956‑built duplex
- One family currently rents both sides
- Tenant has been in place for 3 years and would like to stay if possible
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 | $24.4k | $20.16 |
| − Vacancy | −$1.3k | −$1.11 |
| EGI | $23.0k | $19.05 |
| − OpEx | −$6.9k | −$5.72 |
| NOI | $16.1k | $13.34 |
1,208 SF · lease $20.16/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$230.1K
$201.4K – $268.5K
NOI $16,110 @ 7.0% cap · market cap 4.13%
Second Best
Apartment 5plus
$213.8K
$187.1K – $249.4K
NOI $14,965 @ 7.0% cap · market cap 3.84%
Theoretical Best
Office A
$325.5K
$284.8K – $379.7K
NOI $22,782 @ 7.0% cap · market cap 5.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex with one tenant renting both sides and a 3-year tenancy history.
Where is this duplex located?
The property is located at 3544 S 5450 W Salt Lake City, UT.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: 1956‑built duplex; One family currently rents both sides; Tenant has been in place for 3 years and would like to stay if possible
