Four-Bedroom Duplex With
For Sale
$975,000
Pending
632 E KENSINGTON AVE S, Salt Lake City, UT 84105
Side-by-side units provide generous living areas, two bathrooms each, and dedicated garage parking.
Property Size1,948 SF
Days on Market66
Property Features for 632 E KENSINGTON AVE S
General Information
Standard status
Pending
Size
1,948 SF
Total Parking Spaces
2
Property subtype
Duplex
Financials
Gross Income
$70,800
Average Monthly Rent
$2,950
Units
Unit Mix
2 x 4BR/2BA
Multifamily Units
2
Building Details
Building Size
1,948 SF
Year Built
1948
Buildings
1
Listing Agency:
Sun Property Group P.C.
Listed By:
Tiana Stock
(801) 231-8990
Source:
Liftrealty
Added: Aug 10
Changed: Oct 13
Last Checked: Oct 12 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 Sun Property Group P.C.
Investment Insights
Based on property information with market context.
This side-by-side duplex contains 3,090 square feet and was built in 1948. Each residence includes four bedrooms, two bathrooms, generous living space, and a private single-car garage. The configuration provides two separate homes within one income-producing property, with practical layouts suited to everyday residential use.
The property is located at 632 E Kensington Ave S in Salt Lake City’s Liberty Wells neighborhood. The surrounding context includes access to downtown Salt Lake City, Liberty Park, shopping, dining, entertainment, and major transportation routes. Each side currently rents for $2,950, with total monthly rental income of $5,900.
The property is located at 632 E Kensington Ave S in Salt Lake City’s Liberty Wells neighborhood. The surrounding context includes access to downtown Salt Lake City, Liberty Park, shopping, dining, entertainment, and major transportation routes. Each side currently rents for $2,950, with total monthly rental income of $5,900.
Key Highlights
- Side‑by‑side duplex with 3,090 SF
- Each unit offers 4 bedrooms and 2 bathrooms
- Private single‑car garage assigned to each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,208
Cap Rate
4.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$824,160
$824.2K
Cap Rate 7%
$588,686
$588.7K
Cap Rate 9%
$457,867
$457.9K
Market Conditions
NOI Build-Up for 3,090 SF
Gross rent
$62.3K $20.16/SF
− Vacancy
−$3.4K −$1.11/SF
EGI
$58.9K $19.05/SF
− OpEx
−$17.7K −$5.72/SF
NOI
$41.2K $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%
$824,160
Cap Rate 7%
$588,686
Cap Rate 9%
$457,867
Alternative Uses
Best Use
Multifamily LT 5
$588.7K
$515.1K – $686.8K
NOI $41,208 @ 7.0% cap · market cap 4.23%
Second Best
Apartment 5plus
$546.9K
$478.5K – $638.0K
NOI $38,280 @ 7.0% cap · market cap 3.93%
Theoretical Best
Office A
$832.5K
$728.4K – $971.2K
NOI $58,274 @ 7.0% cap · market cap 5.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
553
Businesses Nearby
Explore this area
Business Placement
Demographics for 84105, UT
22,856
Population
10,953
Households
2.1
Avg Household Size
35
Median Age
66%
College-Educated
97%
High-School Grad
3.1 sq mi
ZIP Area
7,373
Density / Sq Mi
$94,145
Median Household Income
$52,785
Median Earnings
$1,482
Median Rent
$632,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Side-by-side units provide generous living areas, two bathrooms each, and dedicated garage parking.
Where is this duplex located?
The property is located at 632 E KENSINGTON AVE S Salt Lake City, UT.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Side‑by‑side duplex with 3,090 SF; Each unit offers 4 bedrooms and 2 bathrooms; Private single‑car garage assigned to each unit
