Side-by-Side Duplex with
For Sale
$669,000
77 E 200 N, North Salt Lake, UT 84054
Residential, North Salt Lake, UT
Property Size3,202 SF
Lot Size0.30 Acres
Price / SF$208.93
Days on Market77
Property Features for 77 E 200 N
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Multi-Family
Zoning description
CH
Bedrooms
6
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 1, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 5, Bathroom 5, Bedroom 6, Bathroom 6, Bedroom 4
Parking
6
Parking features
Open, Secured, Covered
Window features
Blinds, Drapes
Interior features
Disposal, Gas Log, Jetted Tub, Range/Oven: Free Stdng.
Exterior features
Double Pane Windows, Secured Building, Secured Parking
Lot features
Cul-De-Sac, Curb & Gutter, Fenced: Part, Road: Paved, Sidewalks, Sprinkler: Auto- Full, View: Mountain
Elementary school
Orchard
Middle school
South Davis
High school
Woods Cross
Elementary school district
Davis
Middle school district
Davis
High school district
Davis
Subdivision
Bntfl; NSL; Cntrvl; WdX; Frmtn
Standard status
Active
APN
01-047-0248
Size
3,202 SF
Lot size
0.30 Acres
Taxes and HOA fees
Tax Annual Amount
3475
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas, Central
Building Details
Year built
1995
Number of units
2
Flooring type
Carpet, Tile, Linoleum
Roof type
Asphalt
Architectural style
Other
Listing Agency:
Equity Real Estate (Select)
(801) 589-5800
Listed By:
Jodell Hills
(801) 440-3802
Added: Jun 25
Changed: Sep 8
Last Checked: Sep 9 at 12:06AM
MLS# 2168080
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Investment Insights
Based on property information with market context.
This side-by-side duplex contains two three-bedroom, three-bathroom residences within a 3,202-square-foot property built in 1995. Each unit includes en-suite bathrooms, generous closet space, built-in shelving, and access to loft storage in the garage. Interior features include freestanding ranges, disposals, jetted tubs, carpet, tile, and linoleum flooring. Forced-air heating, natural gas, central heating, and double-pane windows serve the property.
Set on 0.3 acres in a cul-de-sac in North Salt Lake, the property is near I-15, shopping centers, and recreational parks. Exterior features include secured parking, covered and open parking areas, a secured building, an asphalt roof, and public sewer service. The property is zoned Multi-Family and includes Google Fiber availability as noted in the property information.
Set on 0.3 acres in a cul-de-sac in North Salt Lake, the property is near I-15, shopping centers, and recreational parks. Exterior features include secured parking, covered and open parking areas, a secured building, an asphalt roof, and public sewer service. The property is zoned Multi-Family and includes Google Fiber availability as noted in the property information.
Key Highlights
- Side‑by‑side duplex with two 3‑bedroom, 3‑bathroom units
- 3,202 square feet on a 0.3‑acre lot
- Built in 1995; zoned Multi‑Family
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$39,312
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.88%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$786,240
$786.2K
Cap Rate 7%
$561,600
$561.6K
Cap Rate 9%
$436,800
$436.8K
Market Conditions
NOI Build-Up for 3,202 SF
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.
Gross rent
$62.1K $19.38/SF
− Vacancy
−$5.9K −$1.84/SF
EGI
$56.2K $17.54/SF
− OpEx
−$16.8K −$5.26/SF
NOI
$39.3K $12.28/SF
Area
Davis County, UT
Vacancy
9.50%
Lease Rate
$19.38 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$786,240
Cap Rate 7%
$561,600
Cap Rate 9%
$436,800
Alternative Uses
Best Use
Multifamily LT 5
$561.6K
$491.4K – $655.2K
NOI $39,312 @ 7.0% cap · market cap 5.88%
Second Best
Apartment 5plus
$520.3K
$455.3K – $607.1K
NOI $36,423 @ 7.0% cap · market cap 5.44%
Theoretical Best
Office A
$739.5K
$647.1K – $862.8K
NOI $51,767 @ 7.0% cap · market cap 7.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
520
Businesses Nearby
Explore this area
Business Placement
Demographics for 84054, UT
21,552
Population
7,658
Households
2.8
Avg Household Size
31
Median Age
41%
College-Educated
94%
High-School Grad
8.6 sq mi
ZIP Area
2,506
Density / Sq Mi
$107,889
Median Household Income
$50,071
Median Earnings
$1,648
Median Rent
$472,300
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 - Two attached residences offer private layouts, en-suite bathrooms, secured parking, and access to nearby shopping and parks.
Where is this duplex located?
The property is located at 77 E 200 N North Salt Lake, UT.
What is the asking price?
The asking price for this property is $669,000.
What are key features of this property?
This property features: Side‑by‑side duplex with two 3‑bedroom, 3‑bathroom units; 3,202 square feet on a 0.3‑acre lot; Built in 1995; zoned Multi‑Family
