Two-Unit Duplex with Covered
425 E 900 S, Salt Lake City, UT 84111
For Sale
$551,900
Front and rear residences provide separate two-bedroom and one-bedroom layouts, with off-street parking and a yard.
Property Size1,636 SF
Price / SF$337.35
Days on Market50
Property Features for 425 E 900 S
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Road Access
Units
Unit Mix
Multifamily Units
Amenities
covered front patio
screened porch
spacious yard
Building Details
Year Built
Listing Agency:
Luxe Realty Group LLC
Listed By:
Maritie Lanza
(801) 652-8369
Source:
Redsign
Added: Sep 26
Changed: Nov 13
Last Checked: Oct 5 at 7:44PM
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 Luxe Realty Group LLC
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Investment Insights
Based on property information with market context.
This 1,636-square-foot duplex, built in 1901, contains two distinct residences: a two-bedroom unit at the front and a one-bedroom unit at the rear. Exterior features include a covered patio at the front, a screened porch, off-street parking, and a yard. The property is identified as a legal duplex.
The building is at 425 E 900 S in Salt Lake City, with restaurants, shops, and everyday amenities nearby. Its established residential layout and outdoor areas provide a clear view of the property’s existing configuration.
The building is at 425 E 900 S in Salt Lake City, with restaurants, shops, and everyday amenities nearby. Its established residential layout and outdoor areas provide a clear view of the property’s existing configuration.
Key Highlights
- Legal duplex with 1,636 square feet
- Front residence has two bedrooms; rear unit has one bedroom
- Built in 1901
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,817
Cap Rate
3.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$436,340
$436.3K
Cap Rate 7%
$311,671
$311.7K
Cap Rate 9%
$242,411
$242.4K
Market Conditions
NOI Build-Up for 1,636 SF
Gross rent
$33.0K $20.16/SF
− Vacancy
−$1.8K −$1.11/SF
EGI
$31.2K $19.05/SF
− OpEx
−$9.4K −$5.72/SF
NOI
$21.8K $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%
$436,340
Cap Rate 7%
$311,671
Cap Rate 9%
$242,411
Alternative Uses
Best Use
Multifamily LT 5
$311.7K
$272.7K – $363.6K
NOI $21,817 @ 7.0% cap · market cap 3.95%
Second Best
Apartment 5plus
$289.5K
$253.4K – $337.8K
NOI $20,268 @ 7.0% cap · market cap 3.67%
Theoretical Best
Office A
$440.8K
$385.7K – $514.2K
NOI $30,853 @ 7.0% cap · market cap 5.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,412
Businesses Nearby
Explore this area
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 - Front and rear residences provide separate two-bedroom and one-bedroom layouts, with off-street parking and a yard.
Where is this duplex located?
The property is located at 425 E 900 S Salt Lake City, UT.
What is the asking price?
The asking price for this property is $551,900.
What are key features of this property?
This property features: Legal duplex with 1,636 square feet; Front residence has two bedrooms; rear unit has one bedroom; Built in 1901
