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42 W 500 N, Salt Lake City, UT, 84103

6beds
4baths
2,688sqft
$996,900
$371price/sqft
$6,271/moest. monthly cost
$250,840/yrincome needed

About This Home

Gorgeous view of the Capital, Park, Mountains, & Valley, this REMODELED Triplex + Studio INTERIOR has been recently RENOVATED & UPDATED from the Studs Up! 2023 NEW- Plumbing, New Electrical, double pane Windows, Walls, Fixtures, HVAC, Lighting, Appliances & more finished with required permits! "Don't Judge A Book By It's Cover!" The Exterior still could use some paint & updates, but the value that has been added to this interior is great investment! The hardest part is done! Approved as a Legal non-conforming Triplex + Studio Apt w Separate Basement Entrance. RENTAL INCOME as much as $6620 per month. Largest Unit #40 Rent $2520 is (easy vacant for showings) has studio apt with 7th Room (non-egress). Unit #42 Rents $1800 has tenants., Unit #44 Rents $2300 Furnished (bottom west side). Tenant occupied units need at least 24 Hr notice. Please don't bother tenants. Buyer to verify all. Square footage figures are provided as a courtesy estimate only and were obtained from County . Buyer is advised to obtain an independent measurement.

Getting Around

58
WalkingSomewhat Walkable
48
TransitSome Transit
61
BikeBikeable

Schools

6/10
Washington SchoolGrades PK-60.3 mi
5/10
West High SchoolGrades 7-120.7 mi

Construction

Condition

  • Property condition: Blt./Standing
  • Year built: 1938

Materials

  • Roof: Asphalt,Pitched
  • Construction materials: Brick,Concrete

Notable Dates

  • Major remodel year: 2023

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex

Interior

Appliances

  • Appliances included: Disposal,Free-Standing Range,Built In Dishwasher
  • Laundry features: Electric Dryer Hookup

Basement

  • Has basement: Yes
  • Basement: Basement Entrance

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4

Features

  • Basement Apartment,In-Law Floorplan
  • Window features: Blinds,Full,Window Coverings,Double Pane Windows

Heating

  • Heating features: Electric,Forced Air

Interior Area

  • Total structure area: 2,688
  • Total interior livable area: 2,688 sqft

Property

Details

  • Parcel number: 0931151002
  • Attached to another structure: Yes
  • Zoning: R-2
  • Zoning description: Multi-Family

Features

  • Patio & porch: Covered,Porch,Covered Patio,Open Porch
  • Fencing: Partial
  • Has view: Yes
  • View description: Mountain(s),Valley
  • Topography of land: Terrain Grad Slope
  • Residential vegetation: Landscaping: Full

Lot

  • Lot size: 3,920 sqft
  • Features: Corner Lot,Curb & Gutter,Secluded,Gentle Sloping
  • Lot size dimensions: 0.0 x 0.0 x 0.0

Parking

  • Total spaces: 4
  • Parking features: Open
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Winter Weather

FEMA Declared Disasters Across Utah Counties

Fire
Flood

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,040$60,480
Home Insurance $229$2,748
Property Taxes $833$9,996
Electricity $169$2,039
Total$6,271$75,252

Income You'd Need if You Spent...

35% on housing$215,005/yr
40% on housing$188,130/yr
45% on housing$167,226/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.6%
6.6%
0%30.0%
Electricity Growth Rate10-year average: 0.9%
0.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.9%
0.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$371This listing

vs Other Active Listings

Avg $/sqft

ZIP 84103$264
Salt Lake County$208

vs Homes Sold Last Month

Median $/sqft

ZIP 84103$357
Salt Lake County$248

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-01Listed for sale$1,069,000
2024-01-13Listing removed--
2023-12-06Price change$1,500
2023-11-29Listed for rent$1,600
2020-12-14Listing removed$529,900
2020-12-09Listed for sale$529,900

For Sale by Agent

AgentCherie Orellana
BrokeragePlatinum Place Realty

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