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1131 W ARAPAHOE AVE, Salt Lake City, UT 84104
$565,000
1131 W ARAPAHOE AVE, Salt Lake City, UT 84104
Units
3
Price/Unit
$188,333
Price/Sqft
$253
Est Gross Yield
9.5%
$53,796/yr est.
Property Details
Unit Mix
| Type | Count | Beds | Baths | Sqft | Rent/Mo |
|---|---|---|---|---|---|
| 2BR / 1BA | 1 | 2 | 1 | 970 | $1,375/mo |
| 1BR / 1BA | 1 | 1 | 1 | 420 | $1,020/mo |
| 2BR / 1BA | 1 | 2 | 1 | 840 | $1,120/mo |
| Total | 3 | 5 | 3 | 2,230 | $3,515/mo |
Unit mix data is reported by the seller or listing agent through the MLS and may be inaccurate or incomplete. Buyers should independently verify all information and conduct their own due diligence before making any investment decisions.
Description
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.
Listed by Porter Criddle · Investment Realty Advisors LLC
Location
1131 W ARAPAHOE AVE, Salt Lake City, UT 84104
Proforma
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Cap Rate
6.33%
Cash-on-Cash
4.41%
Cash Flow
$779/mo
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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.
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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 6/18/2026, 12:06:16 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.