42 W 500 N, Salt Lake City, UT 84103
Salt Lake County
Key Facts
Description
Prime Investment Area with good income, in Salt Lake City behind Utah State Capital and the highly desired Marmalade District! Live, work, and invest here! Gorgeous view of the Capital, Park, Mountains, & Valley, this REMODELED Triplex + Studio INTERIOR has been recently RENOVATED & UPDATED from the Studs Up! 2023 NEW- Plumbing, New Electrical, double pane Windows, Walls, Fixtures, HVAC, Lighting, Appliances & more finished with required permits! "Don't Judge A Book By It's Cover!" The Exterior still could use some paint & updates, but the value that has been added to this interior is great investment! The hardest part is done! Approved as a Legal non-conforming Triplex + Studio Apt w Separate Basement Entrance. RENTAL INCOME as much as $6620 per month. Largest Unit #40 Rent $2520 is (easy vacant for showings) has studio apt with 7th Room (non-egress). Unit #42 Rents $1800 has tenants., Unit #44 Rents vary seasonally averages $2200 Furnished (bottom west side). Tenant occupied units need at least 24 Hr notice. Please don't bother tenants. Buyer to verify all. Square footage figures are provided as a courtesy estimate only and were obtained from County . Buyer is advised to obtain an independent measurement.
Property Information
Property Type
Residential
Sub-Type
Triplex
Style
Side By Side
Year Built
1938
Living Area
2,688 sq ft
Lot Size
0.09 acres
Lot Dimensions
0.0x0.0x0.0
Garage Spaces
2
Parking Spaces
4
Zoning
Multi-Family
Days on Market
39
MLS® Listing#
2154730
Property Features
Interior
Appliances
Cooling
Heating
Laundry
Patio
Fencing
Lot Features
Construction
Roof
Windows
Utilities
Sewer
Schools
- Elementary:
- Washington
- Middle:
- Northwest
- High:
- West
Financial Details
HOA
None
Annual Taxes
$3,897
Parcel Number
09-31-151-002
Affordability Calculator
$205,000
Estimated monthly payment
$5,455/mo
Principal $820,000 · Est. interest $1,143,973 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Salt Lake City, UT
- $643,816
- Median Listing Price
- 66
- Median Days on Market
- 2,028
- Median Sq Ft
- $322
- Median Price / Sq Ft
- 3,139
- Active Listings
- This home’s price is 59% above the area median.
- Its price per sq ft is 18% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Salt Lake City, UT.
Location
Points of Interest in Salt Lake City, UT
Showing the Salt Lake City area map.
Nearby Schools
Washington Elementary School
Elementary · 0.3 mi away
American Heritage School - Salt Lake Campus
School · 0.5 mi away
West High School
Secondary · 0.6 mi away
The Madeleine Choir School
Secondary · 0.8 mi away
The Open Classroom
Elementary · 0.8 mi away
Violin Making School of America
School · 1.2 mi away
Pinyon Montessori
Elementary · 1.2 mi away
Jackson Elementary School
Elementary · 1.2 mi away
American Academy
School · 1.2 mi away
Ensign Elementary School
Elementary · 1.3 mi away
City Academy
School · 1.3 mi away
The Other Side Academy
School · 1.4 mi away
Bryant Middle School
Elementary · 1.4 mi away
Rose Park Elementary School
Elementary · 1.8 mi away
Bennion Elementary School
Elementary · 1.9 mi away
Wasatch Elementary School
Elementary · 1.9 mi away
Matheson Site for Horizonte Center
School · 1.9 mi away
Miss Billie's Kids Kampus
School · 2.0 mi away
Franklin Elementary School
Elementary · 2.1 mi away
Backman Elementary School
Elementary · 2.3 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2126 N Cobblecreek DR, Cedar City, UT | $719,000 | 5 | 4 | 4,886.76 |
| 3916 S 2700 E, Salt Lake City, UT | $719,000 | 5 | 2 | 2,586 |
| 2732 S 900 E, Salt Lake City, UT | $719,000 | 8 | 3 | 2,738 |
| 351 E 2110 S, Heber City, UT | $720,000 | 6 | 2 | 3,100 |
| 511 E HARPER PARK LN S, Salt Lake City, UT | $720,000 | 5 | 4 | 2,896 |
| 1933 S Oak Springs CIR, Cedar City, UT | $724,900 | 6 | 4 | 3,790 |
Moving Cost Estimate
EXIT Agents in Salt Lake City
Listing Courtesy: Platinum Place Realty - 801-231-1843
Last Updated: 2026-05-01