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86 N F ST photo 11 / 39

$995,000

86 N F ST, Salt Lake City, UT 84103

Units

3

Price/Unit

$331,667

Price/Sqft

$338

Est Gross Yield

5.1%

$51,108/yr est.

Property Details

Property typeTriplex
Year built1916
Total units3
Living area2,944 sqft
Bedrooms4
Bathrooms3
Lot size0.15 acres
Days on market44
Listed2026-05-12T00:00:00+00:00

Unit Mix

TypeCountBedsBathsSqftRent/Mo
1BR / 1BA111813$1,210/mo
2BR / 2BA1221,033$1,645/mo
1BR / 1BA111815$1,320/mo
Total3442,661$4,175/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

Charming Triplex in the Sought-After Avenues Here's your chance to acquire a timeless investment in one of Salt Lake City's most desirable neighborhoods-the Avenues. This character-rich triplex is ideally situated minutes from downtown, the University of Utah, shopping, and the serene trails of City Creek Canyon. Originally built in 1916, the property includes three tastefully updated and fully leased units: two 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, all on flexible month-to-month terms. The upper 1-bedroom unit features an additional enclave-perfect as a home office, study, or extra living space-adding a unique appeal that has consistently attracted quality tenants. With gross annual income currently over $51,000 and area rents trending upward, this property presents a compelling opportunity to enhance returns through thoughtful rent adjustments while benefiting from steady demand. Don't miss this rare opportunity to own a well-located, income-generating asset with proven performance and room to grow. Buyer is responsible to verify all information.

Listed by Scott Jordan · Mountain Luxury Real Estate

Location

86 N F ST, Salt Lake City, UT 84103

Proforma

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Cap Rate

3.42%

Cash-on-Cash

-3.36%

Cash Flow

-$1,045/mo

Purchase Price$995,000
Down Payment35% ($348,250)
Interest Rate6.00%
Monthly Rent$4,259/mo
Vacancy5%
Expense Ratio30% ($14,566)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

DISCLAIMER: The information provided on this website, including property details, pricing, projections, and availability, is for informational purposes only and may change without notice. While Canovo Group, LLC strives to maintain accurate and up-to-date information, we do not guarantee its completeness or accuracy. Users should independently verify all information and property details, including availability and any leasing conditions, with the listing agent or property owner before making any decisions. Canovo Group, LLC is not responsible for any errors, omissions, or third-party content and makes no representations or warranties regarding the properties listed. Neither Canovo Group, LLC nor its affiliates are acting as your real estate agent or broker, nor do we represent or endorse any properties or parties unless expressly stated in a separate written agreement. This website is not an offer or solicitation to buy, sell, or lease any property. All transactions are the sole responsibility of the parties involved.

© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 6/25/2026, 4:52:39 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.