1131 W ARAPAHOE AVE photo 1
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Triplex
$6,000 reduction
Active
70Days on Market

$559,000

$251/sqft+3.3%/yrHome values in the 84104 zip code have grown an average of 3.3% per year over the last 5 years.

$565,000↓$6,000 (1%)Aug 10

Price history — protected

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About This Property

I'm interested

Solid income-producing triplex with a strong unit mix and upside potential. Unit 1 is a 2 bed / 1 bath currently rented for $1,120/month, Unit 2 is a 2 bed / 1 bath rented for $1,375/month, and Unit 3 is a vacant 1 bed / 1 bath listed for $825/month. Potential gross rental income of approximately $3,320/month once fully leased. Great opportunity for an investor seeking immediate cash flow with additional upside through lease-up of the vacant unit. SELLER FINANCING AVAILABLE!! Owner/Agent.

Property Features

Heating

Forced Air,Gas: Central

Flooring

Carpet,Vinyl

Laundry

Electric Dryer Hookup

Interior Features

Range/Oven: Free Stdng.

Exterior Features

Basement Entrance

Parking

Covered,Parking: Uncovered

Unit Breakdown

Type 1

2 bed · 1 bath · Square Feet: 970

$1,375/mo

Type 2

1 bed · 1 bath · Square Feet: 420

$825/mo

Type 3

2 bed · 1 bath · Square Feet: 840

$1,120/mo

Total Actual Rent(3 units)

$3,320/mo

Location

Estimated Monthly Payment

$3,161/mo

Down Payment$111,800 (20%)
Principal & Interest$2,835
Property Tax$221/mo
Insurance (est.)$105/mo
Est. Total$3,161/mo

Based on 20% down, 6.529% rate, 30-yr fixed. For estimation only.

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MLS# 2164743• Tax ID: 15-11-126-025

Courtesy of Porter Criddle, Investment Realty Advisors LLC · 801-694-5291 · porter@iraut.com

Property data from UtahRealEstate.com. Home value index from Zillow Research (zillow.com/research/data). Walkability data from Walk Score. Rent estimates from Rentometer. Public records (owner + loan) from the Salt Lake County Recorder; loan rate estimated from FRED's 30-yr average at origination month, balance assumes a 30-yr fixed with no extra payments. Property valuations by Rocco Value. Information deemed reliable but not guaranteed.

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Estimated Monthly Payment

$3,161/mo

Down Payment$111,800 (20%)
Principal & Interest$2,835
Property Tax$221/mo
Insurance (est.)$105/mo
Est. Total$3,161/mo

Based on 20% down, 6.529% rate, 30-yr fixed. For estimation only.

Generic estimate. Create an account to enter your down payment, rate, and cash on hand for a number tailored to you.

Create account & personalize

MLS# 2164743• Tax ID: 15-11-126-025

Courtesy of Porter Criddle, Investment Realty Advisors LLC · 801-694-5291 · porter@iraut.com

Property data from UtahRealEstate.com. Home value index from Zillow Research (zillow.com/research/data). Walkability data from Walk Score. Rent estimates from Rentometer. Public records (owner + loan) from the Salt Lake County Recorder; loan rate estimated from FRED's 30-yr average at origination month, balance assumes a 30-yr fixed with no extra payments. Property valuations by Rocco Value. Information deemed reliable but not guaranteed.

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