Price Reduction - Views
Address
42 W 500 N, Salt Lake City, UT
Price
$ 985,000
Property Attributes
- MLS#2154730
- TypeMulti-Family
- Listing Status Active
- CountySALT LAKE
- CitySalt Lake City
- AreaSalt Lake City - Avenues Area
- Zip84103
- StyleSide By Side
- Year Built1938
- Taxes$ 3897
- Price$ 985,000
- Bedrooms6
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage2688
- Lot Size0.09 Acres
Data Source:
Wasatch Front Regional MLS (WFRMLS)
Property Description
Prime Investment Area with good income, in Salt Lake City behind Utah State Capital and the highly desired Marmalade District! Live, work, and invest here! Gorgeous view of the Capital, Park, Mountains, & Valley, this REMODELED Triplex + Studio INTERIOR has been recently RENOVATED & UPDATED from the Studs Up! 2023 NEW- Plumbing, New Electrical, double pane Windows, Walls, Fixtures, HVAC, Lighting, Appliances & more finished with required permits! "Don't Judge A Book By It's Cover!" The Exterior still could use some paint & updates, but the value that has been added to this interior is great investment! The hardest part is done! Approved as a Legal non-conforming Triplex + Studio Apt w Separate Basement Entrance. RENTAL INCOME as much as $6620 per month. Largest Unit #40 Rent $2520 is (easy vacant for showings) has studio apt with 7th Room (non-egress). Unit #42 Rents $1800 has tenants., Unit #44 Rents vary seasonally averages $2200 Furnished (bottom west side). Tenant occupied units need at least 24 Hr notice. Please don't bother tenants. Buyer to verify all. Square footage figures are provided as a courtesy estimate only and were obtained from County . Buyer is advised to obtain an independent measurement.
| Elementary School | Middle School | High School |
|---|---|---|
| Washington Elementary School | Northwest Middle School | West High School |
| Price History | |
|---|---|
| 5/1/2026 | Listed $1,069,000 |
| 6/9/2026 | 5$1,025,000 |
| 7/24/2026 | 3$996,900 |
| 9/3/2026 | 2$985,000 |
General Features
| Living Area | 2688.0 |
|---|---|
| Sewer | Sewer: Connected,Sewer: Public |
| Heating | Electric,Forced Air |
| Utilities | Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected |
| Roof | Asphalt,Pitched |
| Zoning | Multi-Family |
| Garage Spaces | 2.0 |
| Patio/Porch Features | Covered,Porch: Open |
| Architectural Style | Side By Side |
| Construction Materials | Brick,Concrete |
| Year Built | 1938 |
| View | Mountain(s),Valley |
| Topography | Corner Lot,Curb & Gutter,Fenced: Part,Road: Paved,Secluded Yard,Terrain: Grad Slope,View: Mountain,View: Valley |
| Property Subtype | Triplex |
| Current Use | Residential |
| County | Salt Lake |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | No |
| Facing Direction | South |
| Garage Y/N | Yes |
| Status | Active |
| High School | West |
| City | Salt Lake City |
| Senior Community Y/N | No |
| High School District | Salt Lake |
| Zoning Description | R-2 |
| Open Parking Spaces | 2.0 |
| Number Of Units Total | 3 |
| MLS Area | Salt Lake City: Avenues Area |
| Lot Size Units | Acres |
| Lot Size Square Feet | 3920.4 |
| Carport Y/N | No |
| Listing Terms | Cash,Conventional,Exchange,FHA,VA Loan |
| Elementary School | Washington |
| Property Attached Y/N | No |
| Tax Annual Amount | 3897.0 |
| Home Warranty Y/N | No |
| Middle/Junior High School | Northwest |
| Property Condition | Blt./Standing |
| Lease Considered Y/N | No |
| Virtual Tour | https://www.zillow.com/view-imx/9fdb36d7-037a-4de9-bc73-fa3bfd591d4d?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Middle/Junior School District | Salt Lake |
| Elementary School District | Salt Lake |
| PostalCity | Salt Lake City |
| ADU | No |
Interior Features
| Interior Amenities | Basement Apartment,Disposal,Kitchen: Second,Kitchen: Updated,Mother-in-Law Apt.,Range/Oven: Free Stdng.,Dishwasher: Built-In |
|---|---|
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Window Features | Blinds,Full |
| Fireplace Y/N | No |
| Laundry Features | Electric Dryer Hookup |
| Total Bedrooms | 6 |
| Total Baths | 4 |
Exterior Features
| Exterior Amenities | Basement Entrance,Double Pane Windows,Patio: Covered,Porch: Open |
|---|---|
| Vegetation | Landscaping: Full |
| Parking Features | Parking: Uncovered,Detached,Storage Above |
| Lot Features | Corner Lot,Curb & Gutter,Fenced: Part,Road: Paved,Secluded,Terrain: Grad Slope,View: Mountain,View: Valley |
| Water Source | Culinary |
| Total Parking | 4.0 |
| Inclusions | Dryer,Microwave,Range,Refrigerator,Washer,Window Coverings |
| Lot Size Area | 0.09 |
| Spa | No |
| Building Area Total | 2688.0 |
| Lot Dimensions | 0.0x0.0x0.0 |
| Lot Size Acres | 0.09 |
| Frontage Length | 0.0 |
| Private Pool | No |
| Waterfront Y/N | No |
| Covered Spaces | 2.0 |
| RV Parking Dimensions | 0.00 |
| Other Equipment | Window Coverings |
| Horse Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 84103
Price
Taxes
Year Built
Visits
Wasatch Front Regional MLS - Salt Lake Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties
