1884 E SHEPARD LN photo 1
1 / 41
Duplex
Active
23Days on Market

$1,499,999

$500/sqft+3.4%/yrHome values in the 84074 zip code have grown an average of 3.4% per year over the last 5 years.
Walk-Out BasementSeller FinancingMountain View

Price history — protected

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About This Property

I'm interested

Rare Lake Point duplex on 1.10 acres with mountain views, horse property rights, and no HOA. Major improvements include a new roof in 2019, a new furnace and well motor in 2022. Each unit features a one-car garage, central air, Kinetico-filtered drinking water, and a walkout unfinished basement with a separate exterior entrance, offering future expansion potential. Annual gross income is approximately $48k, with a reported 2025 NOI of $40k. Both units are leased through 2027. The sale includes culinary and irrigation water rights (1.53 WA combined). Conveniently located near I-80 and approximately 25 minutes from Salt Lake City. May be purchased with the nearby 0.18-acre buildable lot. Buyer to verify all information.

Property Features

Heating

Forced Air,Gas: Central

Flooring

Carpet,Tile

Laundry

Electric Dryer Hookup

Interior Features

Disposal,Floor Drains,Range/Oven: Free Stdng.,Dishwasher: Built-In

Exterior Features

Bay Box Windows,Double Pane Windows,Walkout

Unit Breakdown

Type 1×2

2 bed · 1 bath · Square Feet: 1500

$1,850/mo each

= $3,700/mo

Total Actual Rent(2 units)

$3,700/mo

Location

Estimated Monthly Payment

$8,943/mo

Down Payment$300,000 (20%)
Principal & Interest$7,608
Property Tax$304/mo
PMI$750/mo
Insurance (est.)$281/mo
Est. Total$8,943/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.

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MLS# 2176199• Tax ID: 10-027-C-0018

Courtesy of Ryan Konen, Real Broker, LLC · 928-208-9254 · ryan.konen@theperry.group

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

$8,943/mo

Down Payment$300,000 (20%)
Principal & Interest$7,608
Property Tax$304/mo
PMI$750/mo
Insurance (est.)$281/mo
Est. Total$8,943/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# 2176199• Tax ID: 10-027-C-0018

Courtesy of Ryan Konen, Real Broker, LLC · 928-208-9254 · ryan.konen@theperry.group

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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