Duplex With Covered
For Sale
$370,000
3544 S 5450 W, Salt Lake City, UT 84120
MULTI_FAMILY - Other - Salt Lake City, UT
Property Size1,208 SF
Lot Size0.21 Acres
Price / SF$306.29
Days on Market49
Property Features for 3544 S 5450 W
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Multi-Family
Zoning description
1108
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Bathroom 2, Bathroom 1
Parking
4
Parking features
Covered
Interior features
Range/Oven: Free Stdng.
Lot features
Fenced: Part
Elementary school
Monroe
Middle school
John F. Kennedy
High school
Granger
Elementary school district
Granite
Middle school district
Granite
High school district
Granite
Subdivision
Magna; Taylrsvl; WVC; SLC
Standard status
Active
APN
14-36-101-019
Size
1,208 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Annual Amount
1763
Utilities
Sewer type
Public Sewer
Heating system
Wall Furnace
Building Details
Year built
1956
Floors in Building
1
Number of units
2
Flooring type
Tile
Building materials
Aluminum, Stucco
Roof type
Asphalt
Architectural style
Other
Listing Agency:
KW South Valley Keller Williams · Keller Williams Realty
(801) 676-5700
Listed By:
Kroger Menzer
(801) 918-8004
Added: Jun 17
Changed: Aug 3
Last Checked: Aug 4 at 5:06PM
MLS# 2170813
Copyright © 2026 UtahRealEstate.com. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex offers two rental sides under one roof, with one family renting both units. The tenant has been in place for 3 years and would like to stay if possible, per the available remarks. The property includes a total of 1,208 square feet and sits on a 0.21-acre lot.
The home was built in 1956 and features aluminum and stucco construction with an asphalt roof. Interior finishes include tile flooring. Heating is provided by wall furnaces, and the property is served by public sewer.
For parking, the duplex offers covered parking. With multi-family zoning, the layout supports continued residential income use as a two-sided rental configuration.
The home was built in 1956 and features aluminum and stucco construction with an asphalt roof. Interior finishes include tile flooring. Heating is provided by wall furnaces, and the property is served by public sewer.
For parking, the duplex offers covered parking. With multi-family zoning, the layout supports continued residential income use as a two-sided rental configuration.
Key Highlights
- Tenant occupies both sides; has been there for 3 years and wants to stay if possible
- 0.21‑acre lot with a total of 1,208 square feet
- Built in 1956 with aluminum and stucco construction and an asphalt roof
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 4.35%
Second Best
Apartment 5plus
$213.8K
$187.1K – $249.4K
NOI $14,965 @ 7.0% cap · market cap 4.04%
Theoretical Best
Office A
$325.5K
$284.8K – $379.7K
NOI $22,782 @ 7.0% cap · market cap 6.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
479
Businesses Nearby
Explore this area
Business Placement
Demographics for 84120, UT
51,212
Population
14,184
Households
3.6
Avg Household Size
32
Median Age
15%
College-Educated
81%
High-School Grad
10.1 sq mi
ZIP Area
5,070
Density / Sq Mi
$90,847
Median Household Income
$36,899
Median Earnings
$1,434
Median Rent
$370,800
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 with covered parking, public sewer, and multi-family zoning.
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 $370,000.
What are key features of this property?
This property features: Tenant occupies both sides; has been there for 3 years and wants to stay if possible; 0.21‑acre lot with a total of 1,208 square feet; Built in 1956 with aluminum and stucco construction and an asphalt roof
