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344 E UTOPIA AVE, South Salt Lake, UT — photo 11 / 53

$775,000Duplex at 344 E UTOPIA AVE, South Salt Lake, UT

344 E UTOPIA AVE, South Salt Lake, UT 84115

Units

2

Price/Unit

$387,500

Price/Sqft

$239

Est Gross Yield

10.2%

$78,792/yr est.

Property Details

Property typeDuplex
Year built1952
Total units2
Living area3,240 sqft
Bedrooms8
Bathrooms4
Lot size0.13 acres
Parking7 spaces
Days on market3
Listed2026-11-12T00:00:00+00:00

Unit Mix

TypeCountBedsBathsSqftRent/Mo
4BR / 2BA1421,600$2,500/mo
4BR / 2BA1421,548$2,500/mo
Total2843,148$5,000/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

Two-unit front-and-rear duplex in the desirable Utopia Avenue subdivision. Built in 1952, with about 3,200 square feet across both units, a 0.13-acre lot, three covered carport spaces plus additional off-street parking. The rear unit was recently updated, including new cabinets, new carpet, and a finished basement, and it is leased under a newly signed lease. The front unit is owner-occupied, and the seller plans to vacate, so a buyer can live in one unit and rent the other, or rent both. Owner currently pays gas, water, sewer, and trash. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.

Listed by David T Robinson · Canovo Group

Location

344 E UTOPIA AVE, South Salt Lake, UT 84115

Proforma

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Cap Rate

6.76%

Cash-on-Cash

5.56%

Cash Flow

$1,346/mo

Purchase Price$775,000
Down Payment35% ($271,250)
Interest Rate6.00%
Monthly Rent$6,566/mo
Vacancy5%
Expense Ratio30% ($22,456)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

DISCLAIMER: The information provided on this website, including property details, pricing, projections, and availability, is for informational purposes only and may change without notice. While Canovo Group, LLC strives to maintain accurate and up-to-date information, we do not guarantee its completeness or accuracy. Users should independently verify all information and property details, including availability and any leasing conditions, with the listing agent or property owner before making any decisions. Canovo Group, LLC is not responsible for any errors, omissions, or third-party content and makes no representations or warranties regarding the properties listed. Neither Canovo Group, LLC nor its affiliates are acting as your real estate agent or broker, nor do we represent or endorse any properties or parties unless expressly stated in a separate written agreement. This website is not an offer or solicitation to buy, sell, or lease any property. All transactions are the sole responsibility of the parties involved.

© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 11/15/2026, 2:06:57 AM. 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.