Triplex with Rear
For Sale
$745,000
59 S 800 W, Salt Lake City, UT 84104
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$302.23
Days on Market117
Property Features for 59 S 800 W
General Information
Standard status
Active
Size
2,465 SF
Property subtype
Triplex
Site & Location
Neighborhood
Preserve Our Avenues
Highway Access
Yes
Additional Details
Multifamily Units
3
Building Details
Building Size
2,465 SF
Year Built
1911
Tenancy
Multi
Listing Agency:
Utah Executive Real Estate LC
(801) 941-8400
Listed By:
Aaron A. Mueller
(801) 510-6035
Source:
Liftrealty
Added: Jul 2
Changed: Oct 25
Last Checked: Oct 24 at 6:10PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$32,873
Cap Rate
4.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$657,460
$657.5K
Cap Rate 7%
$469,614
$469.6K
Cap Rate 9%
$365,256
$365.3K
Market Conditions
NOI Build-Up for 2,465 SF
Gross rent
$49.7K $20.16/SF
− Vacancy
−$2.7K −$1.11/SF
EGI
$47.0K $19.05/SF
− OpEx
−$14.1K −$5.72/SF
NOI
$32.9K $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%
$657,460
Cap Rate 7%
$469,614
Cap Rate 9%
$365,256
Alternative Uses
Best Use
Multifamily LT 5
$469.6K
$410.9K – $547.9K
NOI $32,873 @ 7.0% cap · market cap 4.41%
Second Best
Apartment 5plus
$436.3K
$381.7K – $509.0K
NOI $30,538 @ 7.0% cap · market cap 4.10%
Theoretical Best
Office A
$664.1K
$581.1K – $774.8K
NOI $46,487 @ 7.0% cap · market cap 6.24%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
3
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,990
Businesses Nearby
Explore this area
Business Placement
Demographics for 84104, UT
23,487
Population
8,452
Households
2.8
Avg Household Size
31
Median Age
22%
College-Educated
78%
High-School Grad
21.6 sq mi
ZIP Area
1,087
Density / Sq Mi
$61,326
Median Household Income
$35,013
Median Earnings
$1,235
Median Rent
$318,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
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 $745,000.
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)
