Duplex with Private
680 N DE SOTO ST, Salt Lake City, UT 84103
For Sale
$1,625,000
Both residences include generous bedroom and bathroom counts, laundry hookups and dedicated garage parking.
Property Size2 SF
Price / SF$278.44
Days on Market40
Property Features for 680 N DE SOTO ST
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Parking per Unit
Amenities
laundry hookups
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Century 21 Everest
(801) 449-3000
Listed By:
Brian Noel · License #5469721
(801) 599-5292
Source:
Liftrealty
Added: Sep 29
Changed: Nov 6
Last Checked: Nov 6 at 9:54AM
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 Century 21 Everest
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Investment Insights
Based on property information with market context.
Built in 1999, this 5,836-square-foot duplex is configured as two residences. Each side has 4 bedrooms, 3.5 bathrooms, laundry hookups and a 2-car garage, providing substantial space and separate garage parking for both households.
The property may be acquired together with 694/696 De Soto. Separating the residences into individual parcels, each with its own tax identification number, may be possible subject to applicable approvals and requirements.
The property may be acquired together with 694/696 De Soto. Separating the residences into individual parcels, each with its own tax identification number, may be possible subject to applicable approvals and requirements.
Key Highlights
- 5,836‑square‑foot duplex built in 1999
- Two residences, each with 4 bedrooms and 3.5 bathrooms
- Each residence has laundry hookups and a 2‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,828
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,556,560
$1.6M
Cap Rate 7%
$1,111,829
$1.1M
Cap Rate 9%
$864,756
$864.8K
Market Conditions
NOI Build-Up for 5,836 SF
Gross rent
$117.7K $20.16/SF
− Vacancy
−$6.5K −$1.11/SF
EGI
$111.2K $19.05/SF
− OpEx
−$33.4K −$5.72/SF
NOI
$77.8K $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%
$1,556,560
Cap Rate 7%
$1,111,829
Cap Rate 9%
$864,756
Alternative Uses
Best Use
Multifamily LT 5
$1.11M
$972.9K – $1.30M
NOI $77,828 @ 7.0% cap · market cap 4.79%
Second Best
Apartment 5plus
$1.03M
$903.7K – $1.20M
NOI $72,299 @ 7.0% cap · market cap 4.45%
Theoretical Best
Office A
$1.57M
$1.38M – $1.83M
NOI $110,061 @ 7.0% cap · market cap 6.77%
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
942
Businesses Nearby
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Business Placement
Demographics for 84103, UT
22,788
Population
13,528
Households
1.7
Avg Household Size
36
Median Age
66%
College-Educated
98%
High-School Grad
20.5 sq mi
ZIP Area
1,112
Density / Sq Mi
$81,386
Median Household Income
$54,787
Median Earnings
$1,374
Median Rent
$710,700
Median Home Value
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Market
Average Price Trend$/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 - Both residences include generous bedroom and bathroom counts, laundry hookups and dedicated garage parking.
Where is this duplex located?
The property is located at 680 N DE SOTO ST Salt Lake City, UT.
What is the asking price?
The asking price for this property is $1,625,000.
What are key features of this property?
This property features: 5,836‑square‑foot duplex built in 1999; Two residences, each with 4 bedrooms and 3.5 bathrooms; Each residence has laundry hookups and a 2‑car garage
