1219 KENSINGTON, Salt Lake City, UT 84105
5BD/—BA Residential in Salt Lake City, UT 84105. 2,494 sqft. Built 1950. Listed at $900,000. MLS #2153337.
5BD/—BA Residential in Salt Lake City, UT 84105. 2,494 sqft. Built 1950. Listed at $900,000. MLS #2153337.
$900,000
Exceptional income-producing opportunity in the heart of Sugarhouse - one of Salt Lake City's most sought-after and resilient rental submarkets. This legal duplex with a city-approved third unit generates $5,500/month in gross rental income ($66,000 annually) at a 6.65% cap rate, with strong upside potential given the location and unit quality. New roof! The property features two spacious 2-bedroom/1-bath main-level units and a remodeled 1-bedroom lower-level unit, each with private outdoor space and a dedicated garage - a rare amenity that commands premium rents and drives tenant retention. Situated steps from the McClelland Trail and within walking distance of Westminster University, this property benefits from a deep, diverse tenant pool. So easy to maintain full occupancy. Mature trees, a secluded yard, updated kitchens, and full landscaping round out a well-maintained asset with no deferred maintenance. DO NOT DISTURB TENANTS. Make offers subject to inspection. Square footage provided as a courtesy; buyer to verify all information.
Property Type
Residential
Property Style
Duplex
Architectural Style
Front And Rear
Subdivision
WHITAKER
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.2 sq ft
Condition
Blt./Standing
MLS #
2153337
Property Type
Residential
Property Style
Duplex
Architectural Style
Front And Rear
Subdivision
WHITAKER
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.2 sq ft
Condition
Blt./Standing
MLS #
2153337
List Price
$900,000
Annual Taxes
$3,452
Home Warranty
No
List Price
$900,000
Annual Taxes
$3,452
Home Warranty
No
Heating
Electric,Forced Air,Wall Furnace
Roof
Membrane
Flooring
Carpet,Tile,Vinyl
Materials
Brick
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open,Patio: Open
Water Source
Culinary,Spring
Sewer
Sewer: Connected
Heating
Electric,Forced Air,Wall Furnace
Roof
Membrane
Flooring
Carpet,Tile,Vinyl
Materials
Brick
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open,Patio: Open
Water Source
Culinary,Spring
Sewer
Sewer: Connected
Garage Spaces
3
Covered Spaces
3
Total Parking
6
Garage Spaces
3
Covered Spaces
3
Total Parking
6
Classification
Standard
Deal Score
30/100
vs Similar Homes
23% above
vs Market Median
4% above
Area Growth (YoY)
-0.9%
Deal Score Breakdown
30/100
Priced 4% above the per-subtype city median
Priced 23% above the median of similar listings
-0.9% year-over-year ZHVI growth in this area
STR net cashflow -$2,728/mo (-45.7% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
No price reduction from original list
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Est. Annual Revenue
$55,614/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$2,729 /mo (−$32,748/yr)
Monthly STR income
Monthly ownership cost
Coverage
78%
Net /mo
−$2,728
DSCR
0.72
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$570,000
+58% vs median
57 days
615
$184,000 – $7,995,000
$3,452
High Crime
28.7
per 1,000
83.9
per 1,000
34.5
per 1,000
147.1
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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