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694 N DE SOTO ST, Salt Lake City, UT 84103
$875,000
694 N DE SOTO ST, Salt Lake City, UT 84103
Units
2
Price/Unit
$437,500
Price/Sqft
$417
Est Gross Yield
5.1%
$45,048/yr est.
Property Details
Unit Mix
| Type | Count | Beds | Baths | Sqft | Rent/Mo |
|---|---|---|---|---|---|
| 2BR / 1BA | 2 | 2 | 1 | 1,000 | $1,925/mo |
| 2BR / 1BA | 1 | 2 | 1 | 1,100 | $1,950/mo |
| Total | 3 | 6 | 3 | 3,100 | $5,800/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
RARE DOWNTOWN DUPLEX OPPORTUNITY! Ideally situated at the top of De Soto Street above the capitol. Sought-after downtown location, this nicely appointed duplex offers the perfect combination of urban convenience and outdoor recreation, with a hiking trail right next door! Each spacious unit features 2 bedrooms, 1 bathroom, laundry hookups, and its own 2-car garage-a rare and desirable amenity! Whether you're an investor looking to expand your portfolio or an owner-occupant wanting to live in one unit while generating rental income from the other, this property offers exceptional versatility. Enjoy the convenience of downtown living with easy access to scenic trails and outdoor adventures. A fantastic investment opportunity in a highly desirable location! Could be sold with 680/682 De Soto MLS# 2194221.
Listed by Brian Noel · Century 21 Everest
Location
694 N DE SOTO ST, Salt Lake City, UT 84103
Proforma
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Cap Rate
5.14%
Cash-on-Cash
1.22%
Cash Flow
$335/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 11/3/2026, 8:29:31 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.