1 / 44

Duplex

Active

0Days on Market

$995,000

$283/sqft+2.2%/yrHome values in the 84103 zip code have grown an average of 2.2% per year over the last 5 years.

Price history — protected

Price history is available to our clients. Request access and your agent will reach out.

About This Property

I'm interested

Historic Avenues 4 unit property with Massive Value-Add Upside! Situated in one of Salt Lake City's most sought-after rental neighborhoods, this property offers an incredible combination of steady cash flow and future upside. The right side (317 A & B) features fully updated living spaces, serviced by a newer AC unit and HVAC system. Over on the left side, long-term tenant stability provides immediate holding income. Huge potential awaits in Unit 315 A: a 1-bedroom, 1-bath layout featuring a spacious living area, kitchen, front entrance, and private rear access. Gross rental income would improve significantly by renovating 315 A-B to match the rent of its counterpart. The left-side units (315 A & B) are separately metered, giving a new owner clear operational flexibility. Prime Avenues location within walking distance to local cafes, downtown SLC, and Memory Grove.

Property Features

Heating

Forced Air,Gas: Central

Flooring

Carpet,Hardwood,Tile

Unit Breakdown

Type 1

4 bed · 2 bath · Square Feet: 1756

$3,500/mo

Type 2

1 bed · 1 bath · Square Feet: 878

$1,345/mo

Type 3

1 bed · 1 bath · Square Feet: 878

$800/mo

Total Actual Rent(3 units)

$5,645/mo

Location

Estimated Monthly Payment

$5,540/mo

Down Payment$199,000 (20%)

Principal & Interest$5,020

Property Tax$333/mo

Insurance (est.)$187/mo

Est. Total$5,540/mo

Based on 20% down, 6.479% 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# 2180042• Tax ID: 09-31-426-008

Courtesy of Daniel Lopez, REDFIN CORPORATION · 505-231-7800 · daniel.lopez@redfin.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.