86 N F ST, Salt Lake City, UT 84103
86 N F ST, Salt Lake City, UT 84103
86 N F ST, Salt Lake City, UT 84103
86 N F ST, Salt Lake City, UT 84103
86 N F ST, Salt Lake City, UT 84103
86 N F ST, Salt Lake City, UT 84103
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Natalie Jacobsen

Natalie Jacobsen

+1(435) 881-7069
$ 995,000
Est. payment | /mo

4 Beds

3 Baths

2,944 SqFt

Save
$ 995,000
Est. payment | /mo
Save

4 Beds

3 Baths

2,944 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,944 sqft

Price per Sqft $337

MLS Listing ID 2157325

Style Stories: 2

Bedrooms 4

Construction Status Blt./Standing

HOA Y/N No

Year Built 1916

Annual Tax Amount $3,489

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type Triplex

Property Description

High-Yield Avenues Triplex: A Masterclass in Operational Efficiency: In the 2026 market, sophisticated investors are trading volatility for functional efficiency. This 1916 Avenues triplex is a rare defensive asset, boasting a 100% occupancy rate and a lean expense profile that prioritizes your bottom line. The property includes three tastefully updated and fully leased units: two 1-bedroom/1-bath units and one 2-bedroom/1-bath unit. The Hero Feature: Optimized Expense Ratio: Unlike older builds plagued by high overhead, this asset is a model of climate resilience and fiscal control. Operating expenses are kept remarkably low covering essential taxes and insurance-while tenants handle individual utilities via separate gas and power meters. This "loss aversion" setup protects you from the rising utility costs that are eroding margins elsewhere. Strategic Upside & Artisan Appeal: Immediate Cash Flow: Delivering a Gross Operating Income over $51,000 annually. The "Enclave" Edge: The upper-level unit's dedicated "at-home escape" study ensures high-demand professional interest in a neighborhood with tightening supply. Future-Proof Terms: All units are on month-to-month leases, providing the ultimate flexibility to capture 2026's trending rent growth. Asset Resilience: Situated on a prime corner lot with a 0.15-acre footprint, this property includes essential 2026 amenities: a long driveway, dedicated storage for every unit, and a "wellness-focused" location near the serene trails of City Creek Canyon. Own a piece of the Avenues that isn't just a building, but a high-performance financial engine. A turnkey investment with proven performance and room to grow.

Location

State UT

County Salt Lake

Area Salt Lake City: Avenues Area

Zoning Single-Family, Multi-Family

Interior

Interior Features Closet: Walk-In, Den/Office, Range/Oven: Free Stdng.

Heating Forced Air, Gas: Central

Flooring Carpet, Hardwood

Inclusions Ceiling Fan, Dryer, Microwave, Refrigerator, Storage Shed(s), Washer

Equipment Storage Shed(s)

Fireplace No

Window Features Blinds

Laundry Electric Dryer Hookup

Exterior

Exterior Feature Patio: Covered

Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected

View Y/N No

Roof Type Asphalt

Present Use Residential

Topography Corner Lot, Sprinkler: Auto-Full, Terrain, Flat

Porch Covered

Private Pool No

Building

Lot Description Corner Lot, Sprinkler: Auto-Full

Faces West

Sewer Sewer: Connected

Water Culinary, Irrigation

Architectural Style Stories: 2

Structure Type Brick,Stucco

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Wasatch

Middle Schools Bryant

High Schools West

School District Salt Lake

Others

Senior Community No

Tax ID 09-31-481-001

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Listed by Mountain Luxury Real Estate

NEARBY SCHOOLS & PROPERTIES

Natalie Jacobsen

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(435) 881-7069

natalie@bearlakegetaway.com

201 N Bear Lake Blvd, Garden City, UT, 84028, USA

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86 N F ST