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254 E 700 S, Salt Lake City, UT 84111
$680,000
254 E 700 S, Salt Lake City, UT 84111
Units
2
Price/Unit
$340,000
Price/Sqft
$215
Est Gross Yield
9.0%
$61,200/yr est.
Property Details
Unit Mix
| Type | Count | Beds | Baths | Sqft | Rent/Mo |
|---|---|---|---|---|---|
| Unit 1 | 1 | 0 | 0 | 2,567 | $2,500/mo |
| Unit 2 | 1 | 0 | 0 | 600 | $1,300/mo |
| Total | 2 | 0 | 0 | 3,167 | $3,800/mo |
Unit mix data is reported by the seller or listing agent through the MLS and may be inaccurate or incomplete. Buyers should independently verify all information and conduct their own due diligence before making any investment decisions.
Description
Beautifully remodeled nonconforming-use duplex featuring updated flooring, kitchen cabinets, countertops and more. Offering approximately 3,159 square feet, 6 bedrooms, 2 bathrooms, two kitchens, separate living areas and walkout access, the property provides an attractive opportunity for investors or owner-occupants seeking additional rental income. Live in one unit while renting the other, or add an income-producing property to your portfolio. Currently generating approximately $3,800 per month in combined rental income. Conveniently located near downtown, Liberty Park, dining, shopping and neighborhood amenities. Salt Lake City continues to benefit from significant investment and growth, including downtown redevelopment, improvements surrounding the Central Ninth and 9 Line areas, continued expansion of Salt Lake City International Airport and preparations for the 2034 Olympic and Paralympic Winter Games. Please do not disturb the tenants. Showings require advance notice and must be coordinated through the listing agent. Property is being marketed as a nonconforming-use duplex. Buyer and buyer's agent are responsible for verifying all information, including square footage, rents, leases, expenses, zoning, permits, legal use and unit configuration.
Listed by Craig Lisonbee · Fathom Realty (Union Park)
Location
254 E 700 S, Salt Lake City, UT 84111
Proforma
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Cap Rate
2.55%
Cash-on-Cash
-5.67%
Cash Flow
-$1,204/mo
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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.
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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 9/21/2026, 1:12:52 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.