Side-by-Side
5313 S ALPINE DR, Murray, UT 84107
For Sale
$750,000
Two finished-basement units offer separate living spaces, with one recently remodeled and vacant and the other tenant-occupied.
Property Size3,400 SF
Price / SF$220.59
Days on Market12
Property Features for 5313 S ALPINE DR
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Highway Access
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Amenities
individual storage sheds
Building Details
Building Size
Year Built
Buildings
Construction
Listing Agency:
Century 21 Edges
(801) 341-9366
Listed By:
Robert H. Longacre
(801) 949-5247
Source:
Liftrealty
Added: Oct 30
Changed: Nov 9
Last Checked: Nov 8 at 5:40AM
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 Century 21 Edges
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Investment Insights
Based on property information with market context.
Built in 1952, this brick duplex contains 3,400 square feet across two side-by-side rambler-style units. Each unit has approximately 1,700 square feet, four bedrooms and two bathrooms, with two bedrooms and one bathroom on each level. Both have finished basements and updated kitchens. One unit has been remodeled and is vacant; the other has a long-term tenant. The property also includes a shared two-car garage and individual storage sheds, and the electrical system was recently updated.
The property is in Murray near schools, shopping, Intermountain Health, I-15 and everyday amenities.
The property is in Murray near schools, shopping, Intermountain Health, I-15 and everyday amenities.
Key Highlights
- Two side‑by‑side units, each with approximately 1,700 square feet
- Each unit has 4 bedrooms, 2 bathrooms and a fully finished basement
- One unit recently remodeled and vacant; second unit occupied by a long‑term tenant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,121
Cap Rate
5.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$842,420
$842.4K
Cap Rate 7%
$601,729
$601.7K
Cap Rate 9%
$468,011
$468.0K
Market Conditions
NOI Build-Up for 3,400 SF
Gross rent
$80.8K $23.76/SF
− Vacancy
−$4.2K −$1.24/SF
EGI
$76.6K $22.52/SF
− OpEx
−$34.5K −$10.14/SF
NOI
$42.1K $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%
$842,420
Cap Rate 7%
$601,729
Cap Rate 9%
$468,011
Alternative Uses
Best Use
Apartment 5plus
$601.7K
$526.5K – $702.0K
NOI $42,121 @ 7.0% cap · market cap 5.62%
Second Best
Multifamily LT 5
$526.0K
$460.3K – $613.7K
NOI $36,821 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$916.0K
$801.5K – $1.07M
NOI $64,121 @ 7.0% cap · market cap 8.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,179
Businesses Nearby
Explore this area
Business Placement
Demographics for 84107, UT
37,713
Population
17,287
Households
2.2
Avg Household Size
34
Median Age
38%
College-Educated
93%
High-School Grad
7.5 sq mi
ZIP Area
5,028
Density / Sq Mi
$73,469
Median Household Income
$46,098
Median Earnings
$1,387
Median Rent
$426,000
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Salt Lake County, UT
Properties on Market for Duplexes in Salt Lake County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two finished-basement units offer separate living spaces, with one recently remodeled and vacant and the other tenant-occupied.
Where is this duplex located?
The property is located at 5313 S ALPINE DR Murray, UT.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Two side‑by‑side units, each with approximately 1,700 square feet; Each unit has 4 bedrooms, 2 bathrooms and a fully finished basement; One unit recently remodeled and vacant; second unit occupied by a long‑term tenant
