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644 S GRAND E photo 11 / 17

$499,900

644 S GRAND E, Salt Lake City, UT 84102

Units

2

Price/Unit

$249,950

Price/Sqft

$372

Est Gross Yield

6.5%

$32,640/yr est.

Property Details

Property typeDuplex
Year built1948
Total units2
Living area1,344 sqft
Bedrooms3
Bathrooms2
Lot size0.1 acres
Days on market0
Listed2026-06-24T00:00:00+00:00

Unit Mix

TypeCountBedsBathsSqftRent/Mo
2BR / 1BA121672$1,400/mo
1BR / 1BA111537$900/mo
Total2321,209$2,300/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

Humble little home with mo-in-law apartment down. Has been used as a rental for decades. Each unit has its own washer/dryer, downstairs has separate entrance. Single meter/thermostat for both units. Located just below the U of U, bus routes and TRAX stop. Great investment property or would work nicely for student housing with rent help from downstairs to make your mortgage payment each month. Two stoves/refrigerators. Lot goes waaaay back behind the home and very secluded-major possibilities! See agent remarks for showings.

Listed by Babs De Lay · Urban Utah Homes & Estates, LLC

Location

644 S GRAND E, Salt Lake City, UT 84102

Proforma

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Cap Rate

4.34%

Cash-on-Cash

-0.89%

Cash Flow

-$139/mo

Purchase Price$499,900
Down Payment35% ($174,965)
Interest Rate6.00%
Monthly Rent$2,720/mo
Vacancy5%
Expense Ratio30% ($9,302)

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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 6/24/2026, 9:33:18 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.