Duplex with Basement
For Sale
$499,900
644 S GRAND E, Salt Lake City, UT 84102
MULTI_FAMILY - Other - Salt Lake City, UT
Property Size1,344 SF
Lot Size0.10 Acres
Price / SF$371.95
Days on Market43
Property Features for 644 S GRAND E
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Multi-Family
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 1, Basement, Bathroom 2, Bedroom 2, Bedroom 1
Parking features
Covered
Patio and Porch features
Porch
Interior features
Basement Apartment, Range: Gas, Range/Oven: Free Stdng.
Exterior features
Double Pane Windows, Lighting, Porch: Open, Walkout
Lot features
Fenced: Part, Road: Paved, Secluded, Terrain: Hilly
Elementary school
Bennion (M Lynn)
Middle school
Bryant
High school
East
Elementary school district
Salt Lake
Middle school district
Salt Lake
High school district
Salt Lake
Subdivision
Salt Lake City; So. Salt Lake
Standard status
Active
APN
16-05-384-008
Size
1,344 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
1885
Utilities
Heating system
Central, Natural Gas
Building Details
Year built
1948
Number of units
2
Flooring type
Tile, Carpet, Hardwood
Building materials
Cedar, Frame
Roof type
Asphalt
Architectural style
Other
Listing Agency:
Urban Utah Homes & Estates, LLC
(801) 595-8824
Listed By:
Babs De Lay
(801) 201-8824
Added: Jun 23
Changed: Aug 1
Last Checked: Aug 4 at 5:06PM
MLS# 2167448
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Investment Insights
Based on property information with market context.
Duplex featuring an upstairs home and a downstairs mother-in-law style apartment. The downstairs unit has its own entrance, and both units have their own washer/dryer. A single meter and thermostat serve both units, and there are two stoves and two refrigerators. Interior features include a basement apartment and gas range/oven, and the home includes central natural gas heating. Exterior features include double pane windows, an open porch, lighting, and walkout access.
Built in 1948, this property sits on a 0.1-acre lot and totals 1,344 SF. It is located just below the University of Utah, with bus routes and a TRAX stop nearby.
The lot extends well behind the home, offering a deeper site configuration.
Built in 1948, this property sits on a 0.1-acre lot and totals 1,344 SF. It is located just below the University of Utah, with bus routes and a TRAX stop nearby.
The lot extends well behind the home, offering a deeper site configuration.
Key Highlights
- Duplex with upstairs home plus basement apartment
- Downstairs has a separate entrance; both units include their own washer/dryer
- Single meter and thermostat for both units
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 | $27.1k | $20.16 |
| − Vacancy | −$1.5k | −$1.11 |
| EGI | $25.6k | $19.05 |
| − OpEx | −$7.7k | −$5.72 |
| NOI | $17.9k | $13.34 |
1,344 SF · lease $20.16/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$256.0K
$224.0K – $298.7K
NOI $17,923 @ 7.0% cap · market cap 3.59%
Second Best
Apartment 5plus
$237.9K
$208.1K – $277.5K
NOI $16,650 @ 7.0% cap · market cap 3.33%
Theoretical Best
Office A
$362.1K
$316.8K – $422.5K
NOI $25,347 @ 7.0% cap · market cap 5.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,679
Businesses Nearby
Explore this area
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
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 - Duplex in Multi-Family zoning with a basement apartment, separate entry, and in-unit washer/dryer for both units.
Where is this duplex located?
The property is located at 644 S GRAND E Salt Lake City, UT.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Duplex with upstairs home plus basement apartment; Downstairs has a separate entrance; both units include their own washer/dryer; Single meter and thermostat for both units
