Side-by-Side
415 E 900 S, Salt Lake City, UT 84111
For Sale
$610,000
Pending
One residence has contemporary interior finishes and a history of short-term rental use.
Property Size1,553 SF
Days on Market49
Property Features for 415 E 900 S
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Site & Location
Neighborhood
Public Transit
Additional Details
Multifamily Units
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
Porch: Open
Patio: Open
Building Details
Building Size
Year Built
Units
Listing Agency:
Presidio Real Estate (South Valley)
(801) 251-6683
Listed By:
Tiffany Barnes
(801) 680-6242
Source:
Majestyrealestategroup
Added: Sep 23
Changed: Nov 7
Last Checked: Nov 9 at 4:18PM
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 Presidio Real Estate (South Valley)
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Investment Insights
Based on property information with market context.
At 415 E 900 S in Salt Lake City, this 1,553-square-foot duplex was built in 1901 and has a side-by-side layout. One unit features refreshed flooring, modern fixtures, and contemporary finishes; it has also been used as a short-term rental. The other unit is tenant-occupied, with the tenant expected to leave within 30 days.
The property is along the 900 South corridor, a short distance from Liberty Park, neighborhood dining and shops, and public transit.
The property is along the 900 South corridor, a short distance from Liberty Park, neighborhood dining and shops, and public transit.
Key Highlights
- 1,553‑square‑foot duplex with side‑by‑side units
- Built in 1901
- One unit has updated flooring, fixtures, and contemporary finishes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,711
Cap Rate
3.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$414,220
$414.2K
Cap Rate 7%
$295,871
$295.9K
Cap Rate 9%
$230,122
$230.1K
Market Conditions
NOI Build-Up for 1,553 SF
Gross rent
$31.3K $20.16/SF
− Vacancy
−$1.7K −$1.11/SF
EGI
$29.6K $19.05/SF
− OpEx
−$8.9K −$5.72/SF
NOI
$20.7K $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%
$414,220
Cap Rate 7%
$295,871
Cap Rate 9%
$230,122
Alternative Uses
Best Use
Multifamily LT 5
$295.9K
$258.9K – $345.2K
NOI $20,711 @ 7.0% cap · market cap 3.40%
Second Best
Apartment 5plus
$274.8K
$240.5K – $320.7K
NOI $19,239 @ 7.0% cap · market cap 3.15%
Theoretical Best
Office A
$418.4K
$366.1K – $488.1K
NOI $29,288 @ 7.0% cap · market cap 4.80%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
675
Businesses Nearby
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Business Placement
Demographics for 84111, UT
12,162
Population
8,635
Households
1.4
Avg Household Size
34
Median Age
55%
College-Educated
95%
High-School Grad
1.4 sq mi
ZIP Area
8,687
Density / Sq Mi
$57,188
Median Household Income
$49,490
Median Earnings
$1,294
Median Rent
$423,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Salt Lake City, UT
Properties on Market for Duplexes in Salt Lake City
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - One residence has contemporary interior finishes and a history of short-term rental use.
Where is this duplex located?
The property is located at 415 E 900 S Salt Lake City, UT.
What is the asking price?
The asking price for this property is $610,000.
What are key features of this property?
This property features: 1,553‑square‑foot duplex with side‑by‑side units; Built in 1901; One unit has updated flooring, fixtures, and contemporary finishes
