1131 ARAPAHOE, Salt Lake City, UT 84104
5BD/—BA Residential in Salt Lake City, UT 84104. 2,230 sqft. Built 1962. Listed at $565,000. MLS #2164743.
5BD/—BA Residential in Salt Lake City, UT 84104. 2,230 sqft. Built 1962. Listed at $565,000. MLS #2164743.
Solid income-producing triplex with a strong unit mix and upside potential. Unit 1 is a 2 bed / 1 bath currently rented for $1,120/month, Unit 2 is a 2 bed / 1 bath rented for $1,375/month, and Unit 3 is a vacant 1 bed / 1 bath listed for $995/month. Potential gross rental income of approximately $3,490/month once fully leased. Great opportunity for an investor seeking immediate cash flow with additional upside through lease-up of the vacant unit. SELLER FINANCING AVAILABLE!! Owner/Agent.
Property Type
Residential
Property Style
Triplex
Architectural Style
Front And Rear
Subdivision
J H WHALON'S ADD
County
Salt Lake
Construction
Brick,Frame
Lot Size
0.14 sq ft
Condition
Blt./Standing
MLS #
2164743
Property Type
Residential
Property Style
Triplex
Architectural Style
Front And Rear
Subdivision
J H WHALON'S ADD
County
Salt Lake
Construction
Brick,Frame
Lot Size
0.14 sq ft
Condition
Blt./Standing
MLS #
2164743
List Price
$565,000
Annual Taxes
$2,648
Home Warranty
No
List Price
$565,000
Annual Taxes
$2,648
Home Warranty
No
Heating
Forced Air,Gas: Central
Roof
Asphalt,Pitched
Flooring
Carpet,Vinyl
Materials
Brick,Frame
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air,Gas: Central
Roof
Asphalt,Pitched
Flooring
Carpet,Vinyl
Materials
Brick,Frame
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Covered Spaces
2
Total Parking
7
Covered Spaces
2
Total Parking
7
Classification
Standard
Deal Score
45/100
vs Market Median
48% above
Area Growth (YoY)
4.4%
Deal Score Breakdown
45/100
4.4% year-over-year ZHVI growth in this area
Priced 48% above the per-subtype city median
STR net cashflow -$2,316/mo (-60.8% 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
Not enough comparable listings
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.
Why this classification
Est. Annual Revenue
$25,619/yr
$154/night · 56% occupancy · $59/bedroom · $0.09/sqft
Net Monthly Cash Flow
−$2,317 /mo (−$27,807/yr)
Monthly STR income
Monthly ownership cost
Coverage
56%
Net /mo
−$2,316
DSCR
0.53
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$587,500
-4% vs median
39 days
660
$175,000 – $7,995,000
$2,648
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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