2384 DERBY, West Valley City, UT 84119
4BD/—BA Residential in West Valley City, UT 84119. 1,872 sqft. Built 1977. Listed at $509,000. MLS #2160240.
4BD/—BA Residential in West Valley City, UT 84119. 1,872 sqft. Built 1977. Listed at $509,000. MLS #2160240.
Excellent turnkey duplex investment in the heart of West Valley City! With almost $3,000.00 gross monthly rents and over a 6% cap rate this duplex is phenomenal deal! Each unit has 2 beds / 1 bath that are clean, well-maintained, fully occupied, and producing strong cash flow with great in-place tenants and lease rates. Features brand-new evaporative coolers and a highly convenient central location with quick access to I-215, Bangerter Highway, shopping, dining, and major employment corridors. A high-performing income property with solid rental appeal and long-term upside. Please do not disturb tenants. Buyer to verify all information. Contact the listing agent for more details and lease information.
Property Type
Residential
Property Style
Duplex
Architectural Style
Side By Side
Subdivision
RIVERSIDE
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Stucco
Lot Size
0.19 sq ft
Condition
Blt./Standing
MLS #
2160240
Property Type
Residential
Property Style
Duplex
Architectural Style
Side By Side
Subdivision
RIVERSIDE
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Stucco
Lot Size
0.19 sq ft
Condition
Blt./Standing
MLS #
2160240
List Price
$509,000
Annual Taxes
$2,824
Home Warranty
No
List Price
$509,000
Annual Taxes
$2,824
Home Warranty
No
Heating
Forced Air,Gas: Central
Roof
Asphalt,Pitched
Flooring
Carpet,Tile
Materials
Brick,Stucco
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air,Gas: Central
Roof
Asphalt,Pitched
Flooring
Carpet,Tile
Materials
Brick,Stucco
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Covered Spaces
2
Total Parking
10
Covered Spaces
2
Total Parking
10
Classification
Strong Cash FlowDeal Score
55/100
vs Similar Homes
2% above
vs Market Median
10% above
Area Growth (YoY)
2.4%
Deal Score Breakdown
55/100
LT net cashflow +$155/mo (+4.4% return on ownership cost) · STR net cashflow -$1,021/mo (-29.2% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 2% above the median of similar listings
Priced 10% above the per-subtype city median
2.4% year-over-year ZHVI growth in this area
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.
Why this classification
Monthly Rent
$4,146/mo
Range: $3,080 – $5,212
Net Monthly Cash Flow
+$156 /mo (+$1,870/yr)
Monthly rental income
Monthly ownership cost
Coverage
119%
Net /mo
+$155
DSCR
1.41
Est. Annual Revenue
$42,387/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$1,022 /mo (−$12,263/yr)
Monthly STR income
Monthly ownership cost
Coverage
101%
Net /mo
−$1,021
DSCR
0.96
Elementary
RedwoodMiddle School
Granite ParkHigh School
Granite PeaksSchool District
Granite
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$466,000
+9% vs median
59 days
211
$199,000 – $1,099,000
$2,824
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Daryn Edmunds - High Road Properties

Salt Lake City Real Estate Broker Focused on Pricing, Positioning, and Results

Devin Tanner - Utah Realtor
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