Duplex with Recent
For Sale
$485,000
579 E GENTILE S, Layton, UT 84041
Property improvements include a 2021 roof replacement, updated windows, and a 2024 water heater.
Property Size2,602 SF
Price / SF$186.40
Days on Market71
Property Features for 579 E GENTILE S
General Information
Standard status
Active
Size
2,602 SF
Property subtype
Duplex
Additional Details
Multifamily Units
2
Building Details
Building Size
2,602 SF
Year Built
1941
Year Renovated
2021
Listing Agency:
BY-THE-NUMBERS Real Estate, Inc
(801) 970-2120
Listed By:
Stephen Thorpe
(801) 550-3664
Source:
Liftrealty
Added: Jul 28
Changed: Oct 4
Last Checked: Oct 5 at 7:25PM
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 BY-THE-NUMBERS Real Estate, Inc
Investment Insights
Based on property information with market context.
This duplex at 579 E GENTILE S in Layton, Utah, contains 2602 square feet and was built in 1941. The property includes front and rear units, with improvements completed at different times. The roof was replaced in 2021, and the windows have been updated. The rear unit received remodeling work in 2021, while the water heater was replaced in 2024. A new dryer was added to the front unit in 2023.
Key Highlights
- Duplex with 2602 square feet
- Roof replacement completed in 2021
- Rear unit remodeled in 2021
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,945
Cap Rate
6.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$638,900
$638.9K
Cap Rate 7%
$456,357
$456.4K
Cap Rate 9%
$354,944
$354.9K
Market Conditions
NOI Build-Up for 2,602 SF
Gross rent
$50.4K $19.38/SF
− Vacancy
−$4.8K −$1.84/SF
EGI
$45.6K $17.54/SF
− OpEx
−$13.7K −$5.26/SF
NOI
$31.9K $12.28/SF
Area
Davis County, UT
Vacancy
9.50%
Lease Rate
$19.38 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$638,900
Cap Rate 7%
$456,357
Cap Rate 9%
$354,944
Alternative Uses
Best Use
Multifamily LT 5
$456.4K
$399.3K – $532.4K
NOI $31,945 @ 7.0% cap · market cap 6.59%
Second Best
Apartment 5plus
$422.8K
$370.0K – $493.3K
NOI $29,598 @ 7.0% cap · market cap 6.10%
Theoretical Best
Office A
$601.0K
$525.8K – $701.1K
NOI $42,067 @ 7.0% cap · market cap 8.67%
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
686
Businesses Nearby
Explore this area
Business Placement
Demographics for 84041, UT
55,289
Population
19,171
Households
2.9
Avg Household Size
30
Median Age
31%
College-Educated
95%
High-School Grad
14.9 sq mi
ZIP Area
3,711
Density / Sq Mi
$87,608
Median Household Income
$43,804
Median Earnings
$1,404
Median Rent
$395,800
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 - Property improvements include a 2021 roof replacement, updated windows, and a 2024 water heater.
Where is this duplex located?
The property is located at 579 E GENTILE S Layton, UT.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Duplex with 2602 square feet; Roof replacement completed in 2021; Rear unit remodeled in 2021
