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546 E CLEVELAND AVE, Salt Lake City, UT 84105
$750,000
546 E CLEVELAND AVE, Salt Lake City, UT 84105
Units
2
Price/Unit
$375,000
Price/Sqft
$282
Est Gross Yield
6.7%
$50,280/yr est.
Property Details
Unit Mix
| Type | Count | Beds | Baths | Sqft | Rent/Mo |
|---|---|---|---|---|---|
| 3BR / 2BA | 1 | 3 | 2 | 1,368 | $1,975/mo |
| 2BR / 2BA | 1 | 2 | 2 | 1,368 | $1,525/mo |
| Total | 2 | 5 | 4 | 2,736 | $3,500/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
A rare opportunity to own a character-filled, side-by-side brick duplex in one of Salt Lake City's most desirable central neighborhoods. Both residences are currently tenant-occupied with an established rental history. One side offers 3 bedrooms and 2 bathrooms, while the other features 2 bedrooms and 2 bathrooms. Inside, arched openings, abundant natural light, and original architectural details give each residence its own personality. Outside, a spacious shared backyard, patio, mature landscaping, vegetable garden, and covered carport add something tenants don't always find in an urban rental: genuinely usable outdoor space. The Liberty Wells location only strengthens the investment. Tree-lined streets, neighborhood character and a walkable, central setting put restaurants, coffee shops, parks and everyday amenities nearby, with downtown Salt Lake City just minutes away. For an investor looking beyond the typical duplex, this one checks some important boxes: two established rental units, separate entrances, generous bedroom and bathroom counts, outdoor space, parking and a location with enduring appeal. A distinctive Salt Lake City income property with character you simply can't recreate.
Listed by Jazmin Adamson · Align Complete Real Estate Services (900 South)
Location
546 E CLEVELAND AVE, Salt Lake City, UT 84105
Proforma
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Cap Rate
4.46%
Cash-on-Cash
-0.58%
Cash Flow
-$136/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 9/12/2026, 12:52:43 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.