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5101 EMIGRATION CANYON RD, Salt Lake City, UT 84108
$886,900
5101 EMIGRATION CANYON RD, Salt Lake City, UT 84108
Units
2
Price/Unit
$443,450
Price/Sqft
$294
Est Gross Yield
7.6%
$67,392/yr est.
Property Details
Unit Mix
| Type | Count | Beds | Baths | Sqft | Rent/Mo |
|---|---|---|---|---|---|
| 3BR / 3BA | 1 | 3 | 3 | 1,539 | — |
| 3BR / 3BA | 1 | 3 | 3 | 2,339 | — |
| Total | 2 | 6 | 6 | 3,878 | — |
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
A rare investment opportunity up Emigration Canyon - 5101 and 5105 Emigration Canyon Rd Just 1.5 miles up from Ruth's Diner, this side-by-side, two-story, legal duplex is on .46 acres, and has an East and West side, which are a bit different, as the West side also has two large rooms, a closet, and storage extending over both garages, so an extra 800 sq. ft. The West side also has a huge yard with established landscaping. Perennials are maintained from well-water on soaker hoses. The East side has an 800 sq. ft. concrete patio. Both properties have a 6 ft. privacy fence. Each side has an attached two-car garage with an asphalt driveway between the road and the house. A new asphalt shingle roof was just put on July 31, 2026 with all new fascia, soffits, and gutters. Each side has updated main bathrooms. The East side has an updated kitchen, and 100% new carpeting and updated paint after tenants of 12 years recently moved out. The new tenants have expressed a desire for long-term renting. Tenants on the West side have been there for six years and love the property where they want to continue to raise their family. Current leases are through May 31, 2027 and June 30, 2027 respectively and collective rent is $4750, with room to expand once leases expire. Both leases will be transferred upon sale. Each side has a large, walk-in pantry; and a water softener system on the West side. The property is on a well and has two septic tanks. The property has year-round sun, with amazing sunsets, birds and wildlife, and a view of Perkins Peak to the south. Trails abound both across the road and behind the property, as well as 4.4 miles up to the top of Emigration (Little Mountain/Killyon); and Shoreline Trail at the bottom of the Canyon at the Zoo. Emigration Canyon is the preeminent road-biking road in the valley. PLEASE DO NOT SOLICIT TENANTS. You may drive by before making an offer and Subject to Inspection.
Listed by Chelsea Layne Baker · Intermountain Properties
Location
5101 EMIGRATION CANYON RD, Salt Lake City, UT 84108
Proforma
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Cap Rate
5.05%
Cash-on-Cash
1.00%
Cash Flow
$278/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 8/6/2026, 11:33:43 PM. 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.