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2-Unit Duplex with Balconies

4687 S NANILOA DR, Holladay, UT 84117

For Sale
$975,000
Pending

Both residences include private garages, wide driveways, and separate outdoor spaces.

Property Size3,730 SF
Days on Market52

Property Features for 4687 S NANILOA DR

General Information

Standard status Pending
Size 3,730 SF
Property subtype Duplex

Site & Location

Neighborhood Broadbent

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2

Building Details

Year Built 1976
Listing Agency: The Group Real Estate, LLC
Listed By: Jennifer Gaskill · License UT #5483566
Source: Sternteam
Added: Sep 24 Changed: Nov 13 Last Checked: Nov 13 at 5:16PM

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 The Group Real Estate, LLC

Rey
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Investment Insights

Based on property information with market context.

Built in 1976, this side-by-side duplex contains two residences with matching three-bedroom, two-bath layouts and different interior finishes. Each home has vaulted ceilings, large windows, a formal dining area, and a kitchen with an island. Living rooms connect to private balconies, and backyard patios provide additional outdoor space. The property offers 3,730 square feet, with a private two-car garage and a wide driveway serving each unit.

The Holladay property has views of city lights from the living rooms and front balconies, with Mt. Olympus visible from the backyard patios.

Key Highlights

  • Two side‑by‑side residences, each with 3 bedrooms and 2 bathrooms
  • 3,730 square feet total
  • Private 2‑car garage and wide driveway for each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$46,209
Cap Rate
4.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$924,180 $924.2K
Cap Rate 7%
$660,129 $660.1K
Cap Rate 9%
$513,433 $513.4K
Market Conditions
NOI Build-Up for 3,730 SF
Gross rent
$88.6K $23.76/SF
− Vacancy
−$4.6K −$1.24/SF
EGI
$84.0K $22.52/SF
− OpEx
−$37.8K −$10.14/SF
NOI
$46.2K $12.39/SF
Area
Salt Lake County, UT
Vacancy
5.20%
Lease Rate
$23.76 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$924,180
Cap Rate 7%
$660,129
Cap Rate 9%
$513,433

Alternative Uses

Best Use
Apartment 5plus
$660.1K
$577.6K – $770.2K (±1% cap)
NOI $46,209 @ 7.0% cap · market cap 4.74%
Second Best
Multifamily LT 5
$577.1K
$504.9K – $673.3K (±1% cap)
NOI $40,395 @ 7.0% cap · market cap 4.14%
Theoretical Best
Office A
$1.00M
$879.3K – $1.17M (±1% cap)
NOI $70,344 @ 7.0% cap · market cap 7.21%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

524
Businesses Nearby

Demographics for 84117, UT

25,675
Population
11,316
Households
2.3
Avg Household Size
40
Median Age
51%
College-Educated
97%
High-School Grad
5.6 sq mi
ZIP Area
4,585
Density / Sq Mi
$87,451
Median Household Income
$47,445
Median Earnings
$1,687
Median Rent
$581,100
Median Home Value

Market

Average Price Trend$/SF for Duplexes in Salt Lake County, UT

$334 Jul
$319 Aug
$297 Sep
$300 Oct

Properties on Market for Duplexes in Salt Lake County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences include private garages, wide driveways, and separate outdoor spaces.
Where is this duplex located?
The property is located at 4687 S NANILOA DR Holladay, UT.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Two side‑by‑side residences, each with 3 bedrooms and 2 bathrooms; 3,730 square feet total; Private 2‑car garage and wide driveway for each unit
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