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Side-by-Side Duplex with Garages
For Sale
$886,900

5101 EMIGRATION CANYON RD, Salt Lake City, UT 84108

Two-story legal duplex with private outdoor areas, updated bathrooms, and attached parking for both residences.

Property Size3,020 SF
Lot Size0.46 Acres
Days on Market96

Property Features for 5101 EMIGRATION CANYON RD

General Information

Standard status Active
Size 3,020 SF
Total Parking Spaces 4
Lot size 0.46 Acres
Property subtype Duplex

Financials

Gross Income $57,000
Average Monthly Rent $2,375

Site & Location

Neighborhood Greater Avenues
Road Access Yes

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $4,051

Amenities

privacy fence
concrete patio
walk-in pantry
water softener system

Building Details

Building Size 3,020 SF
Year Built 1977
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: Intermountain Properties
Listed By: Chelsea Layne Baker
Source: Acresutah
Added: Jul 31 Changed: Oct 31 Last Checked: Nov 1 at 12:32PM

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 Intermountain Properties

Rey
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Investment Insights

Based on property information with market context.

This legal, side-by-side duplex includes East and West residences in a two-story configuration on 0.46 acres. Each side has an attached two-car garage, an asphalt driveway, a large walk-in pantry, and a six-foot privacy fence. The West residence adds two large rooms, a closet, and storage above both garages, along with a landscaped yard and water softener system. The East residence includes an 800-square-foot concrete patio, an updated kitchen, new carpeting, and updated paint. Both main bathrooms have been updated.

The property is served by a well and two septic tanks. A new asphalt shingle roof, fascia, soffits, and gutters were installed on July 31, 2026. Current leases extend through May 31, 2027, and June 30, 2027, respectively, and transfer with the sale. The property is located 1.5 miles from Ruth's Diner along Emigration Canyon Road, with trails across the road, behind the property, and farther up the canyon. Shoreline Trail is located at the bottom of the canyon near the Zoo.

Key Highlights

  • Legal side‑by‑side duplex on 0.46 acres
  • Each residence has an attached two‑car garage
  • West side includes 800 sq. ft. of additional rooms and storage over both garages

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$40,274
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$805,480 $805.5K
Cap Rate 7%
$575,343 $575.3K
Cap Rate 9%
$447,489 $447.5K
Market Conditions
NOI Build-Up for 3,020 SF
Gross rent
$60.9K $20.16/SF
− Vacancy
−$3.3K −$1.11/SF
EGI
$57.5K $19.05/SF
− OpEx
−$17.3K −$5.72/SF
NOI
$40.3K $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%
$805,480
Cap Rate 7%
$575,343
Cap Rate 9%
$447,489

Alternative Uses

Best Use
Multifamily LT 5
$575.3K
$503.4K – $671.2K (±1% cap)
NOI $40,274 @ 7.0% cap · market cap 4.54%
Second Best
Apartment 5plus
$534.5K
$467.7K – $623.6K (±1% cap)
NOI $37,413 @ 7.0% cap · market cap 4.22%
Theoretical Best
Office A
$813.6K
$711.9K – $949.2K (±1% cap)
NOI $56,954 @ 7.0% cap · market cap 6.42%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

21
Businesses Nearby

Demographics for 84108, UT

21,261
Population
8,258
Households
2.6
Avg Household Size
35
Median Age
78%
College-Educated
98%
High-School Grad
72.2 sq mi
ZIP Area
294
Density / Sq Mi
$120,469
Median Household Income
$42,821
Median Earnings
$1,562
Median Rent
$759,800
Median Home Value

Market

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 - Two-story legal duplex with private outdoor areas, updated bathrooms, and attached parking for both residences.
Where is this duplex located?
The property is located at 5101 EMIGRATION CANYON RD Salt Lake City, UT.
What is the asking price?
The asking price for this property is $886,900.
What are key features of this property?
This property features: Legal side‑by‑side duplex on 0.46 acres; Each residence has an attached two‑car garage; West side includes 800 sq. ft. of additional rooms and storage over both garages
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