Updated Side-by-Side
New
For Sale
$675,000
458 E LAMBOURNE Ave, Salt Lake City, UT 84115
Residential, Salt Lake City, UT
Property Size1,608 SF
Lot Size0.14 Acres
Price / SF$419.78
Days on Market3
Property Features for 458 E LAMBOURNE Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Multi-Family
Zoning description
12076
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 1
Parking
5
Parking features
Tandem
Window features
Blinds
Patio and Porch features
Patio
Interior features
Disposal, Kitchen: Updated, Dishwasher: Built-In
Exterior features
Double Pane Windows, Out Buildings, Lighting, Patio: Covered
Lot features
Fenced: Full, Sidewalks, Sprinkler: Auto- Full, View: Mountain
Elementary school
Lincoln
Middle school
Granite Park
High school
Cottonwood
Elementary school district
Granite
Middle school district
Granite
High school district
Granite
Subdivision
Salt Lake City; So. Salt Lake
Standard status
Active
APN
16-30-406-009
Size
1,608 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Annual Amount
2488
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air, Central
Amenities
private fenced yard
Building Details
Year built
1974
Number of units
2
Flooring type
Tile, Vinyl
Building materials
Brick
Roof type
Asphalt
Architectural style
Other
Listing Agency:
Realtypath LLC (Platinum)
(801) 386-5908
Listed By:
Mark Dunn
(435) 849-5914
Added: Oct 4
Last Checked: Oct 6 at 2:06PM
MLS# 2189215
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 brick duplex contains two side-by-side residences, each with two bedrooms, one bathroom, a family room, kitchen, and dedicated laundry room. Both units are vacant. Interior improvements include LVP flooring, fresh paint, updated kitchens with white shaker cabinetry, quartz counters, and stainless steel appliances, plus remodeled bathrooms. The property also has newer furnaces, central A/C units, water heaters, a roof, windows, doors, and garage doors. Each residence has a fenced yard, and the site offers tandem parking and a covered patio. The building measures 1,608 square feet on a 0.14-acre lot and was built in 1974. Zoning is Multi-Family.
Key Highlights
- Two side‑by‑side units, each with 2 bedrooms and 1 bathroom
- 1,608‑square‑foot building on a 0.14‑acre lot
- Both residences are vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,444
Cap Rate
3.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$428,880
$428.9K
Cap Rate 7%
$306,343
$306.3K
Cap Rate 9%
$238,267
$238.3K
Market Conditions
NOI Build-Up for 1,608 SF
Gross rent
$32.4K $20.16/SF
− Vacancy
−$1.8K −$1.11/SF
EGI
$30.6K $19.05/SF
− OpEx
−$9.2K −$5.72/SF
NOI
$21.4K $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%
$428,880
Cap Rate 7%
$306,343
Cap Rate 9%
$238,267
Alternative Uses
Best Use
Multifamily LT 5
$306.3K
$268.1K – $357.4K
NOI $21,444 @ 7.0% cap · market cap 3.18%
Second Best
Apartment 5plus
$284.6K
$249.0K – $332.0K
NOI $19,921 @ 7.0% cap · market cap 2.95%
Theoretical Best
Office A
$433.2K
$379.1K – $505.4K
NOI $30,325 @ 7.0% cap · market cap 4.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
947
Businesses Nearby
Explore this area
Business Placement
Demographics for 84115, UT
27,588
Population
13,899
Households
2
Avg Household Size
33
Median Age
33%
College-Educated
85%
High-School Grad
6.1 sq mi
ZIP Area
4,523
Density / Sq Mi
$61,505
Median Household Income
$43,785
Median Earnings
$1,263
Median Rent
$396,200
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
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 - Two vacant residences feature private fenced yards, refreshed interiors, and separate laundry rooms.
Where is this duplex located?
The property is located at 458 E LAMBOURNE Ave Salt Lake City, UT.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Two side‑by‑side units, each with 2 bedrooms and 1 bathroom; 1,608‑square‑foot building on a 0.14‑acre lot; Both residences are vacant
