Triplex with Rear
59 S 800 W Salt Lake City, UT 84104
For Sale
$850,000
Side-by-side duplex with an additional cottage in the rear, offered for sale as a residential income property.
Property Size2,465 SF
Price / SF$344.83
Days on Market23
Property Features for 59 S 800 W
General Information
- Standard status
- Active
- Size
- 2,465 SF
- Property subtype
- Triplex
Building Details
- Year Built
- 1911
Listing Agency:
Utah Executive Real Estate LC
(801) 510-6035
Listed By:
Aaron A. Mueller
(801) 510-6035
Source:
Liftrealty
Added: Jul 2
Changed: Jul 21
Last Checked: Jul 24 at 1:03PM
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 Utah Executive Real Estate LC
Investment Insights
Based on property information with market context.
This for-sale multifamily property includes a side-by-side duplex with a cottage located in the rear. The configuration provides multiple independent residential units within a single offering, supporting a straightforward income-oriented layout.
The property is described as being close to Downtown and providing freeway access. Please confirm all details and income figures directly with the listing broker and during due diligence.
Overall, the asset presents as a triplex-style residential income arrangement with two units positioned side by side and a separate rear cottage.
The property is described as being close to Downtown and providing freeway access. Please confirm all details and income figures directly with the listing broker and during due diligence.
Overall, the asset presents as a triplex-style residential income arrangement with two units positioned side by side and a separate rear cottage.
Key Highlights
- Side‑by‑side duplex with an additional cottage in the rear, offered as a residential income property
- Year built: 1911
- Includes multiple rental structures (duplex plus rear cottage)
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 | $49.7k | $20.16 |
| − Vacancy | −$2.7k | −$1.11 |
| EGI | $47.0k | $19.05 |
| − OpEx | −$14.1k | −$5.72 |
| NOI | $32.9k | $13.34 |
2,465 SF · lease $20.16/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$469.6K
$410.9K – $547.9K
NOI $32,873 @ 7.0% cap · market cap 3.87%
Second Best
Apartment 5plus
$436.3K
$381.7K – $509.0K
NOI $30,538 @ 7.0% cap · market cap 3.59%
Theoretical Best
Office A
$664.1K
$581.1K – $774.8K
NOI $46,487 @ 7.0% cap · market cap 5.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Side-by-side duplex with an additional cottage in the rear, offered for sale as a residential income property.
Where is this triplex located?
The property is located at 59 S 800 W Salt Lake City, UT.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Side‑by‑side duplex with an additional cottage in the rear, offered as a residential income property; Year built: 1911; Includes multiple rental structures (duplex plus rear cottage)
