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 Features for 5101 EMIGRATION CANYON RD
General Information
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Additional Details
Taxes and HOA fees
Amenities
Building Details
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Investment Insights
Based on property information with market context.
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 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 | $60.9k | $20.16 |
| − Vacancy | −$3.3k | −$1.11 |
| EGI | $57.5k | $19.05 |
| − OpEx | −$17.3k | −$5.72 |
| NOI | $40.3k | $13.34 |
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Demographics for 84108, UT
Market
Vacancy Rate% for Multifamily in West region