All-Brick Side-by-Side
For Sale
$599,000
4358 S ROSE GARDEN LN, Salt Lake City, UT 84124
Two side-by-side units each feature fenced yards and updated roofing, windows, electrical service, and major mechanicals.
Property Size1,600 SF
Price / SF$374.38
Days on Market10
Property Features for 4358 S ROSE GARDEN LN
General Information
Standard status
Active
Size
1,600 SF
Total Parking Spaces
2
Property subtype
Duplex
Additional Details
Fenced Yard
Yes
Multifamily Units
2
Building Details
Building Size
1,600 SF
Year Built
1954
Construction
all brick
Tenancy
Multi
Listing Agency:
Coldwell Banker Realty (Union Heights)
(801) 231-0365
Listed By:
Jim Wu
(801) 231-0365
Source:
Liftrealty
Added: Jul 23
Changed: Jul 26
Last Checked: Jul 31 at 5:21AM
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 Coldwell Banker Realty (Union Heights)
Investment Insights
Based on property information with market context.
This all-brick, side-by-side main-floor living duplex offers two independently usable units, each with its own fenced yard. The property includes double paned vinyl windows. Significant updates include a new roof and new soffit/fascia completed in 2017, updated electrical service with new breaker boxes, and new AC systems installed in 2023. Unit 4358 received a new water heater in 2025, while unit 4360 has a new furnace (2023) and a new water heater (2024). Each side currently uses the two-car garage area as storage, and tenants maintain the landscaping. Long-term tenants are in place, with tenancy durations reported as 7 years for unit 4358 and 5 years for unit 4360.
The duplex is located at 4358 S ROSE GARDEN LN in Salt Lake City, UT 84124, positioned in a cul-de-sac setting. The seller notes that rents, lease renewal dates, and seller financing terms are available in agent remarks, and the sale is subject to inspection and the cooperation of a 1031 exchange. Please do not solicit tenants and note there is no sign on the property.
The duplex is located at 4358 S ROSE GARDEN LN in Salt Lake City, UT 84124, positioned in a cul-de-sac setting. The seller notes that rents, lease renewal dates, and seller financing terms are available in agent remarks, and the sale is subject to inspection and the cooperation of a 1031 exchange. Please do not solicit tenants and note there is no sign on the property.
Key Highlights
- 1954‑built all‑brick duplex with two side‑by‑side units in a cul‑de‑sac
- 2017 updates include new roof and new soffit/fascia
- 2023 major systems: new electrical service and new breaker box, plus new AC
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 | $32.3k | $20.16 |
| − Vacancy | −$1.8k | −$1.11 |
| EGI | $30.5k | $19.05 |
| − OpEx | −$9.1k | −$5.72 |
| NOI | $21.3k | $13.34 |
1,600 SF · lease $20.16/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$304.8K
$266.7K – $355.6K
NOI $21,337 @ 7.0% cap · market cap 3.56%
Second Best
Apartment 5plus
$283.2K
$247.8K – $330.4K
NOI $19,822 @ 7.0% cap · market cap 3.31%
Theoretical Best
Office A
$431.1K
$377.2K – $502.9K
NOI $30,174 @ 7.0% cap · market cap 5.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,051
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two side-by-side units each feature fenced yards and updated roofing, windows, electrical service, and major mechanicals.
Where is this duplex located?
The property is located at 4358 S ROSE GARDEN LN Salt Lake City, UT.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 1954‑built all‑brick duplex with two side‑by‑side units in a cul‑de‑sac; 2017 updates include new roof and new soffit/fascia; 2023 major systems: new electrical service and new breaker box, plus new AC
