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681 E 5TH AVE, Salt Lake City, UT — photo 11 / 32

$825,000

681 E 5TH AVE, Salt Lake City, UT 84103

Units

2

Price/Unit

$412,500

Price/Sqft

$277

Est Gross Yield

6.2%

$50,892/yr est.

Property Details

Property typeDuplex
Year built1902
Total units2
Living area2,976 sqft
Bedrooms5
Bathrooms4
Lot size0.1 acres
Parking6 spaces
Days on market1
Listed2026-09-11T00:00:00+00:00

Unit Mix

TypeCountBedsBathsSqftRent/Mo
2BR / 2BA1221,783$2,025/mo
3BR / 2BA1321,193$2,085/mo
Total2542,976$4,110/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

Historic character, an incredible location, and an established investment opportunity all in one. This Victorian-style up-and-down duplex sits in the heart of the Avenues, with both residences currently tenant-occupied. The property includes a 3-bedroom, 2-bath unit and a 2-bedroom, 2-bath unit. Inside, the character is hard to miss. Soaring ceilings, oversized windows, hardwood floors and exposed brick create bright, open spaces with the charm you hope to find in an Avenues home. Updated kitchens and baths bring modern functionality without losing the personality of the original architecture. Outside, a classic front porch adds instant curb appeal, while the upper-level deck gives the upstairs residence its own outdoor space and off-street parking, too. And the location? One of Salt Lake City's best. Tree-lined streets, historic homes, and a wonderfully walkable setting, with downtown, the University of Utah, restaurants, coffee shops, parks and trails all close by. Two established rental units. Loads of character. A prime Avenues address. This is the kind of investment property that stands out-and stays relevant for the long haul.

Listed by Jazmin Adamson · Align Complete Real Estate Services (900 South)

Location

681 E 5TH AVE, Salt Lake City, UT 84103

Proforma

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Cap Rate

4.10%

Cash-on-Cash

-1.53%

Cash Flow

-$395/mo

Purchase Price$825,000
Down Payment35% ($288,750)
Interest Rate6.00%
Monthly Rent$4,241/mo
Vacancy5%
Expense Ratio30% ($14,504)

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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, 12:51:47 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.