Duplex with Covered
For Sale
$888,000
3965 S 1300 E, Salt Lake City, UT 84124
Residential, Salt Lake City, UT
Property Size4,988 SF
Lot Size0.20 Acres
Price / SF$178.03
Days on Market60
Property Features for 3965 S 1300 E
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Multi-Family
Bedrooms
10
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 4, Bedroom 8, Bedroom 1, Bedroom 6, Bedroom 3, Bathroom 2, Bathroom 4, Bedroom 7, Bathroom 3, Bathroom 1, Bathroom 5, Bedroom 5, Bedroom 10, Bedroom 2, Bedroom 9
Parking
6
Window features
Blinds
Interior features
Disposal, Range/Oven: Free Stdng., Dishwasher: Built-In
Lot features
Curb & Gutter, Fenced: Part, Sidewalks, Sprinkler: Auto- Full, Sprinkler: Manual- Full
Elementary school
Crestview
Middle school
Olympus
High school
Olympus
Elementary school district
Granite
Middle school district
Granite
High school district
Granite
Subdivision
Holladay; Millcreek
Standard status
Active
APN
16-32-483-013
Size
4,988 SF
Lot size
0.20 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Annual Amount
4571
Utilities
Sewer type
Public Sewer
Heating system
Central, Forced Air, Natural Gas
Amenities
laundry hookups
Building Details
Year built
1986
Number of units
2
Flooring type
Tile, Carpet, Vinyl
Building materials
Aluminum, Brick
Roof type
Asphalt
Architectural style
Other
Listing Agency:
Zander Real Estate Team PLLC
(801) 446-2662
Listed By:
Andrea Newby
(801) 699-8590
Added: Aug 26
Changed: Oct 23
Last Checked: Oct 24 at 8:06AM
MLS# 2183972
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.
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Investment Insights
Based on property information with market context.
This multifamily property contains two residences totaling 4,988 square feet on a 0.2-acre parcel. The larger unit has six bedrooms and three bathrooms; the other has four bedrooms and two bathrooms. Both residences include laundry hookups, and each has a separate carport. Gas and electrical meters are dedicated to each unit, with driveway access shared between them.
Built in 1986, the property is zoned Multi-Family. Reported occupancy is 97%.
Built in 1986, the property is zoned Multi-Family. Reported occupancy is 97%.
Key Highlights
- 4,988‑square‑foot duplex on a 0.2‑acre parcel
- Two units: one with 6 bedrooms and 3 bathrooms, and one with 4 bedrooms and 2 bathrooms
- 97% occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,519
Cap Rate
7.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,330,380
$1.3M
Cap Rate 7%
$950,271
$950.3K
Cap Rate 9%
$739,100
$739.1K
Market Conditions
NOI Build-Up for 4,988 SF
Gross rent
$100.6K $20.16/SF
− Vacancy
−$5.5K −$1.11/SF
EGI
$95.0K $19.05/SF
− OpEx
−$28.5K −$5.72/SF
NOI
$66.5K $13.34/SF
Area
Salt Lake City, UT
Vacancy
5.50%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,330,380
Cap Rate 7%
$950,271
Cap Rate 9%
$739,100
Alternative Uses
Best Use
Multifamily LT 5
$950.3K
$831.5K – $1.11M
NOI $66,519 @ 7.0% cap · market cap 7.49%
Second Best
Apartment 5plus
$882.8K
$772.4K – $1.03M
NOI $61,794 @ 7.0% cap · market cap 6.96%
Theoretical Best
Office A
$1.34M
$1.18M – $1.57M
NOI $94,069 @ 7.0% cap · market cap 10.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
97%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,316
Businesses Nearby
Explore this area
Business Placement
Demographics for 84124, UT
22,872
Population
8,976
Households
2.5
Avg Household Size
38
Median Age
60%
College-Educated
98%
High-School Grad
7.7 sq mi
ZIP Area
2,970
Density / Sq Mi
$117,500
Median Household Income
$53,551
Median Earnings
$1,460
Median Rent
$704,400
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 - Two residences provide separate gas and electric meters, laundry hookups, and individual covered parking areas.
Where is this duplex located?
The property is located at 3965 S 1300 E Salt Lake City, UT.
What is the asking price?
The asking price for this property is $888,000.
What are key features of this property?
This property features: 4,988‑square‑foot duplex on a 0.2‑acre parcel; Two units: one with 6 bedrooms and 3 bathrooms, and one with 4 bedrooms and 2 bathrooms; 97% occupancy
