Two-Unit Duplex with
For Sale
$1,625,000
680 N DE SOTO St, Salt Lake City, UT 84103
Residential, Salt Lake City, UT
Property Size5,836 SF
Lot Size0.18 Acres
Price / SF$278.44
Days on Market36
Property Features for 680 N DE SOTO St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Multi-Family
Bedrooms
8
Bathrooms
8
Full bathrooms
8
Rooms
Bedroom 4, Bathroom 8, Bedroom 1, Bedroom 8, Bathroom 6, Bathroom 2, Bedroom 5, Bedroom 7, Bedroom 2, Bathroom 4, Bathroom 5, Bathroom 1, Bedroom 6, Bathroom 7, Den, Bedroom 3, Bathroom 3
Parking
4
Window features
Blinds
Interior features
Bath: Primary, Closet: Walk-In, Den/Office, Disposal, Floor Drains, Vaulted Ceilings, Dishwasher: Built-In
Exterior features
Bay Box Windows, Double Pane Windows
Lot features
Curb & Gutter, Sidewalks, Sprinkler: Auto- Full
Elementary school
Washington
Middle school
Bryant
High school
West
Elementary school district
Salt Lake
Middle school district
Salt Lake
High school district
Salt Lake
Subdivision
Salt Lake City: Avenues Area
Standard status
Active
APN
09-30-354-002
Size
5,836 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Annual Amount
6080
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air, Central
Building Details
Year built
1999
Floors in Building
2
Number of units
2
Flooring type
Carpet, Tile, Hardwood
Building materials
Brick, Stucco
Roof type
Asphalt
Architectural style
Other
Buildings
1
Listing Agency:
Century 21 Everest · Century 21 Real Estate
(801) 449-3000
Listed By:
Brian Noel · License #5469721
(801) 599-5292
Added: Sep 29
Changed: Nov 3
Last Checked: Nov 3 at 5:06AM
MLS# 2194221
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.
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Investment Insights
Based on property information with market context.
This 5,836-square-foot duplex, built in 1999, contains two residences. Each has 4 bedrooms, 3.5 bathrooms, laundry hookups and a 2-car garage. The property occupies 0.18 acres and is zoned Multi-Family.
The residences are described as near downtown conveniences and outdoor recreation, including hiking trails. Separating the units into individual parcels with separate tax identification numbers may be possible, subject to applicable approvals and requirements.
The residences are described as near downtown conveniences and outdoor recreation, including hiking trails. Separating the units into individual parcels with separate tax identification numbers may be possible, subject to applicable approvals and requirements.
Key Highlights
- Two residences, each with 4 bedrooms and 3.5 bathrooms
- Each residence has its own 2‑car garage and laundry hookups
- 5,836 square feet on a 0.18‑acre lot
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
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer four bedrooms, laundry hookups and private garage access.
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: Two residences, each with 4 bedrooms and 3.5 bathrooms; Each residence has its own 2‑car garage and laundry hookups; 5,836 square feet on a 0.18‑acre lot
