Residential Income

Lake Point, UT Residential Income Properties for Sale

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Erda, UT Magna, UT Tooele, UT Grantsville, UT West Valley City, UT West Valley, 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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1 active listing matches your search: Residential Income for sale in Lake Point, UT. Based on your search, we've also compiled 8 Potential Opportunities for your consideration: 4 properties in nearby cities and 4 land listings with development potential.

Opportunities in Nearby Cities

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

Updated Duplex with Private Sheds
Updated Duplex with Private Sheds

230 N 2ND E, Tooele, UT 84074

$385,000
1,450 sqft 0.15 AC lot

Two separate residences share one lot, with distinct living settings and covered parking for the multifamily asset.

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Updated Duplex With Two Homes
Updated Duplex With Two Homes

230 N 2nd, Tooele, UT 84074

$399,900
1,450 sqft

Two private residences share one parcel, with individual storage sheds and separate settings for each household.

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Leased Duplex with HOA Services
Leased Duplex with HOA Services

2624 S PICKWICK ST, Magna, UT 84044

$530,000
3,300 sqft

Leased duplex with HOA-managed exterior maintenance and access to community amenities.

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Two-Unit Townhome-Style Duplex
Two-Unit Townhome-Style Duplex

2622 & 2624 S Pickwick St, Magna, UT 84044

Contact for pricing
3,054 sqft

Fully leased property with HOA-covered exterior services in a landscaped community setting.

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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

$874,900
0.77 AC lot

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

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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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Land for Sale
Land for Sale

435 W FAYETTE AVE, Salt Lake City, UT 84101

$3,200,000

Land available in Salt Lake City, Utah.

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Marmalade District Sunset View Lot
Marmalade District Sunset View Lot

641 N VICTORY RD, Salt Lake City, UT 84103

$710,000
0.79 AC lot

Three parcels totaling 0.79 acres with R2 zoning.

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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 investment 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

Total CRE Inventory on Market (SF)

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