2-Unit Duplex with Basement
For Sale
$469,500
644 S GRAND E, Salt Lake City, UT 84102
Residential, Salt Lake City, UT
Property Size1,344 SF
Lot Size0.10 Acres
Price / SF$349.33
Days on Market114
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
Bathroom 1, Bedroom 3, Basement, Bedroom 2, Bathroom 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
Amenities
washer/dryer
separate entrance
Building Details
Year built
1948
Number of units
2
Flooring type
Tile, Hardwood, Carpet
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: Oct 8
Last Checked: Oct 14 at 9:06AM
MLS# 2167448
Copyright © 2026 UtahRealEstate.com. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1948 duplex contains 1,344 square feet on a 0.1-acre lot and includes a basement apartment with its own entrance. Both units have a washer and dryer, while the property has two stoves and two refrigerators. A single meter and thermostat serve the building. Other features include covered parking, an open porch, walkout access, and central natural gas heating.
The property is in Salt Lake City, below the University of Utah, with bus routes and a TRAX stop nearby. It is zoned Multi-Family.
The property is in Salt Lake City, below the University of Utah, with bus routes and a TRAX stop nearby. It is zoned Multi-Family.
Key Highlights
- Two‑unit duplex with a basement apartment and separate entrance
- 1,344 square feet on a 0.1‑acre lot
- Washer and dryer in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,923
Cap Rate
3.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$358,460
$358.5K
Cap Rate 7%
$256,043
$256.0K
Cap Rate 9%
$199,144
$199.1K
Market Conditions
NOI Build-Up for 1,344 SF
Gross rent
$27.1K $20.16/SF
− Vacancy
−$1.5K −$1.11/SF
EGI
$25.6K $19.05/SF
− OpEx
−$7.7K −$5.72/SF
NOI
$17.9K $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%
$358,460
Cap Rate 7%
$256,043
Cap Rate 9%
$199,144
Alternative Uses
Best Use
Multifamily LT 5
$256.0K
$224.0K – $298.7K
NOI $17,923 @ 7.0% cap · market cap 3.82%
Second Best
Apartment 5plus
$237.9K
$208.1K – $277.5K
NOI $16,650 @ 7.0% cap · market cap 3.55%
Theoretical Best
Office A
$362.1K
$316.8K – $422.5K
NOI $25,347 @ 7.0% cap · market cap 5.40%
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
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
Check the figures for this property
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 - Separate access, in-unit laundry, and two sets of cooking and refrigeration appliances support the property's dual-unit setup.
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 $469,500.
What are key features of this property?
This property features: Two‑unit duplex with a basement apartment and separate entrance; 1,344 square feet on a 0.1‑acre lot; Washer and dryer in each unit
