Duplex with Accessory Dwelling
612 E 300 S, Salt Lake City, UT 84102
For Sale
$650,000
TRAX light rail is one block away, with downtown Salt Lake City and the University of Utah also nearby.
Property Size1,887 SF
Lot Size0.11 Acres
Price / SF$344.46
Days on Market372
Property Features for 612 E 300 S
General Information
Standard status
Size
Lot size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Coldwell Banker Realty (Union Heights)
Listed By:
Lynn Griese · License #9604125-SA00
(818) 468-8323
Source:
Doxeygroup
Added: Nov 3, 2025
Changed: Nov 8
Last Checked: Nov 8 at 9:12PM
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 Coldwell Banker Realty (Union Heights)
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Investment Insights
Based on property information with market context.
The property comprises two dwellings on a 0.11-acre lot, with 1,887 square feet of total building area. The 1884 front home has three bedrooms and one bathroom on a single level. At the rear, the one-bedroom, one-bathroom accessory dwelling unit includes an approximately 380-square-foot storage room that could be finished as a second bedroom, studio, or office. The rear bungalow has been renovated.
TRAX light rail is one block away. Downtown Salt Lake City, the University of Utah, Sugarhouse, and neighborhood dining are described as minutes away.
TRAX light rail is one block away. Downtown Salt Lake City, the University of Utah, Sugarhouse, and neighborhood dining are described as minutes away.
Key Highlights
- Two dwellings on a 0.11‑acre lot
- Front home offers 3 bedrooms and 1 bathroom on one level
- Rear ADU has 1 bedroom, 1 bathroom, and an approx. 380 sqft storage room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,165
Cap Rate
3.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,300
$503.3K
Cap Rate 7%
$359,500
$359.5K
Cap Rate 9%
$279,611
$279.6K
Market Conditions
NOI Build-Up for 1,887 SF
Gross rent
$38.0K $20.16/SF
− Vacancy
−$2.1K −$1.11/SF
EGI
$35.9K $19.05/SF
− OpEx
−$10.8K −$5.72/SF
NOI
$25.2K $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%
$503,300
Cap Rate 7%
$359,500
Cap Rate 9%
$279,611
Alternative Uses
Best Use
Multifamily LT 5
$359.5K
$314.6K – $419.4K
NOI $25,165 @ 7.0% cap · market cap 3.87%
Second Best
Apartment 5plus
$334.0K
$292.2K – $389.6K
NOI $23,377 @ 7.0% cap · market cap 3.60%
Theoretical Best
Office A
$508.4K
$444.8K – $593.1K
NOI $35,587 @ 7.0% cap · market cap 5.47%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,274
Businesses Nearby
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Business Placement
Demographics for 84102, UT
18,857
Population
11,348
Households
1.7
Avg Household Size
29
Median Age
56%
College-Educated
94%
High-School Grad
1.9 sq mi
ZIP Area
9,925
Density / Sq Mi
$50,040
Median Household Income
$32,432
Median Earnings
$1,305
Median Rent
$487,200
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Salt Lake City, UT
Properties on Market for Duplexes in Salt Lake City
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - TRAX light rail is one block away, with downtown Salt Lake City and the University of Utah also nearby.
Where is this duplex located?
The property is located at 612 E 300 S Salt Lake City, UT.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Two dwellings on a 0.11‑acre lot; Front home offers 3 bedrooms and 1 bathroom on one level; Rear ADU has 1 bedroom, 1 bathroom, and an approx. 380 sqft storage room
