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    Lake Point, UT
    Residential Income

    Lake Point, UT Residential Income Properties for Sale

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    Erda, UT Tooele, UT Magna, UT Grantsville, UT West Valley City, UT Salt Lake City, UT West Jordan, UT Kearns, UT
    Approved Duplex Development Lot
    Updated: Jul 22
    Approved Duplex Development Lot

    1811 SHEPARD Ln, Lake Point, UT 84074

    $514,500
    0.40 AC lot
    Lot approved for a duplex; included are plans for an additional 2‑bedroom, 2‑bath unit with an attached 2‑car garage
    Plans previously approved by Lake Point City but will need to be obtained again due to time lapse
    Existing updated 4‑bedroom, 2‑bath home with recent remodels including kitchen, renovated bathrooms, new carpet, fresh interior paint, and updated lighting
    Spacious lot with mature trees and includes an out building plus a 9' x 10' storage shed for extra storage
    Seller participating in a 1031 Exchange; buyer must cooperate by signing required documents if it does not add cost, expense, delay, or liability
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Lake Point, UT, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Updated Duplex with Detached Garage
    Updated Duplex with Detached Garage

    241 E UTAH Ave, Tooele, UT 84074

    $450,000
    2,112 sqft 0.18 AC lot

    Two separate living areas include updated kitchens, private basement access, and ample off-street parking.

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    Duplex with Separate Homes on One Lot
    Duplex with Separate Homes on One Lot

    230 N 2ND E, Tooele, UT 84074

    $425,000
    1,450 sqft 0.15 AC lot

    Two-unit duplex on a small lot zoned multi-family with central forced-air natural gas heat and covered parking.

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    Modern Fourplex with Smart Units
    Modern Fourplex with Smart Units

    7533 W LAXEY ST, Magna, UT 84044

    $1,250,000
    5,220 sqft

    New fourplex completed in 2020 with four smart 3-bedroom, 2.5-bath units and attached one-car garages.

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    Newly Built Townhome Fourplex
    Newly Built Townhome Fourplex

    2614 S Fernhill Ln, Magna, UT 84044

    Contact for pricing

    Four conjoining 3-story townhomes, each with a 1-car garage, are fully leased and managed by MAXX Property Management.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Magna Land Multifamily Development Opportunity
    Magna Land Multifamily Development Opportunity

    7382 W 3500 S, Magna, UT 84044

    $898,000
    0.77 AC lot

    0.77-acre corner lot zoned for multifamily development in Magna, UT.

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    Land in Growing Tooele Community
    Land in Growing Tooele Community

    379 W BOOTHILL Crk, Tooele, UT 84074

    $149,900
    0.58 AC lot

    Two adjacent parcels for single-family or duplex construction in Tooele.

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    Herriman Land with Mountain Views
    Herriman Land with Mountain Views

    14257 S SUMMIT CREST Ln W, Herriman, UT 84096

    $279,900
    0.26 AC lot

    Residential land in Herriman, UT with no HOA.

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    West Jordan Infill Development Opportunity
    West Jordan Infill Development Opportunity

    9363 S 3400 W, West Jordan, UT 84088

    Contact for pricing
    5.18 AC lot

    5.18-acre parcel near Salt Lake Community College Jordan Campus.

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    Lake Point, UT Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Lake Point, UT on our real estate platform.

    Sale prices for residential income properties in Lake Point, UT average $514,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Single family properties 1

    Demographics Overview

    Population 57K
    Population Growth (5Y) +13.0%
    Median Household Income $102,313
    College Educated 32.4%

    High-Yield Neighborhoods for Investment

    Identify Lake Point submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Tooele - 84074 $514.5K

    Listings Trend

    New vs delisted commercial listings in Tooele County

    New Delisted

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