Updated 2 months ago on .
Investment Opportunity: Duplex with Value-Add Potential in Salt Lake City!
We just listed an off-market-style duplex in a highly desirable neighborhood, and it checks a lot of boxes for both buy-and-hold investors and developers looking for upside.
🔹 Purchase Price: $820,000
🔹 Current Rents: $2,200 on one side, the other side is being rented for $2,500 ($4,700 total/month)
🔹 Cap Rate: ~6% as-is
🔹 Zoned: Single-Family Conversion Potential
🔹 After Repair Value (ARV): Up to $1.2M if converted into a single-family home
💡 Why This Property?
This is a unique opportunity to either keep the steady cash flow as a duplex or maximize the property’s full potential by converting it into a beautiful single-family home in a premium location—where similar homes are easily pushing over $1.2M in value.
Whether you're an investor who wants passive income or a flipper/developer who sees the value-add opportunity, this is worth a deeper look.