Victorian Triplex with Three
936 1700 Salt Lake City, UT 84105
For Sale
$1,249,000
Triplex property in Salt Lake City with three distinct units, including a main home plus a rear tiny house.
Property Size4,309 SF
Price / SF$289.86
Days on Market184
Property Features for 936 1700
General Information
- Standard status
- Active
- Size
- 4,309 SF
- Property subtype
- Triplex
Listing Agency:
Windermere Real Estate-Utah (Salt Lake Branch)
(801) 485-3151
Listed By:
Cody Chamberlain
(801) 230-5218
Source:
Xome
Added: Jan 20
Changed: Jul 21
Last Checked: Jul 23 at 4:27AM
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 Windermere Real Estate-Utah (Salt Lake Branch)
Investment Insights
Based on property information with market context.
This Victorian-style triplex offers three distinct living units on a single lot. The property includes a main home with 5 bedrooms and 5 baths, plus a top-floor unit featuring 1 bedroom and 1 bath with a patio. A charming tiny house is located at the rear of the lot, completing the three-unit configuration.
The public remarks describe the home as having previously operated as a bed and breakfast and being renovated and repurposed for nightly rentals if desired. The top-floor unit’s patio is noted for mountain and city views, adding to the property’s character.
Overall, it’s a three-unit residential income property with a main residence, an additional upper unit, and a rear tiny house, arranged to provide separate living spaces within one ownership in Salt Lake City, UT.
The public remarks describe the home as having previously operated as a bed and breakfast and being renovated and repurposed for nightly rentals if desired. The top-floor unit’s patio is noted for mountain and city views, adding to the property’s character.
Overall, it’s a three-unit residential income property with a main residence, an additional upper unit, and a rear tiny house, arranged to provide separate living spaces within one ownership in Salt Lake City, UT.
Key Highlights
- Triplex in Salt Lake City with three distinct units: a main home plus a rear tiny house and an additional 1 bed/1 bath unit
- Main home features 5 bedrooms and 5 baths
- 1 bed/1 bath unit on the top floor includes a spacious patio with mountain and city views
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 | $86.9k | $20.16 |
| − Vacancy | −$4.8k | −$1.11 |
| EGI | $82.1k | $19.05 |
| − OpEx | −$24.6k | −$5.72 |
| NOI | $57.5k | $13.34 |
4,309 SF · lease $20.16/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$820.9K
$718.3K – $957.7K
NOI $57,464 @ 7.0% cap · market cap 4.60%
Second Best
Apartment 5plus
$762.6K
$667.3K – $889.7K
NOI $53,382 @ 7.0% cap · market cap 4.27%
Theoretical Best
Office A
$1.16M
$1.02M – $1.35M
NOI $81,263 @ 7.0% cap · market cap 6.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Triplex property in Salt Lake City with three distinct units, including a main home plus a rear tiny house.
Where is this triplex located?
The property is located at 936 1700 Salt Lake City, UT.
What is the asking price?
The asking price for this property is $1,249,000.
What are key features of this property?
This property features: Triplex in Salt Lake City with three distinct units: a main home plus a rear tiny house and an additional 1 bed/1 bath unit; Main home features 5 bedrooms and 5 baths; 1 bed/1 bath unit on the top floor includes a spacious patio with mountain and city views
