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2544 S 700 E, Salt Lake City, UT, 84106

4beds
2baths
2,010sqft
$575,000
$286price/sqft
$3,626/moest. monthly cost
$145,040/yrincome needed

About This Home

Incredible Sugar House DUPLEX investment opportunity and exceptional upside potential! Located in one of Salt Lake City's premier, high-demand rental markets, this property offers phenomenal walkability to vibrant local shopping, dining, Sugar House Park, and provides effortless commuting to Westminster University and the University of Utah. An ideal asset for a seasoned investor looking to maximize cash flow or an owner-occupant wanting a smart house-hack to offset their mortgage. Package deal opportunity: The adjacent 4-unit directly to the north (2540 S 700 E) is also for sale by the same owner, offering a rare chance to acquire a multi-building portfolio footprint in a prime location. Buyer to verify all listing details, current lease terms, utilities, and square footage. Do not miss this rare chance to secure a high-performing multi-family property in a prime SLC location!

Getting Around

52
WalkingSomewhat Walkable
46
TransitSome Transit
64
BikeBikeable

Schools

4/10
Nibley Park SchoolGrades PK-80.4 mi
7/10
Highland High SchoolGrades 9-121.5 mi

Construction

Condition

  • Property condition: Blt./Standing
  • Year built: 1975

Materials

  • Roof: Asphalt
  • Construction materials: Aluminum Siding,Brick

Notable Dates

  • Major remodel year: 2001

Type & Style

  • Home type: MultiFamily
  • Architectural style: Up And Down
  • Property subType: Duplex

Interior

Appliances

  • Laundry features: Electric Dryer Hookup

Basement

  • Basement: Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2

Features

  • Window features: Blinds,Double Pane Windows
  • Flooring: Carpet,Vinyl

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 2,010
  • Total interior livable area: 2,010 sqft

Property

Details

  • Parcel number: 1620303008
  • Attached to another structure: Yes
  • Zoning: 1205
  • Zoning description: Multi-Family
  • Exclusions: Dryer,Washer

Features

  • Patio & porch: Porch,Open Porch
  • Fencing: Partial

Lot

  • Lot size: 8,712 sqft
  • Features: Drip Irrigation: Auto-Part
  • Lot size dimensions: 0.0 x 0.0 x 0.0

Parking

  • Parking features: Open
  • Has uncovered spaces: Yes

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 $2,907$34,884
Home Insurance $105$1,260
Property Taxes $445$5,340
Electricity $169$2,039
Total$3,626$43,512

Income You'd Need if You Spent...

35% on housing$124,320/yr
40% on housing$108,780/yr
45% on housing$96,693/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

$286This listing

vs Other Active Listings

Avg $/sqft

ZIP 84106$206
Salt Lake County$208

vs Homes Sold Last Month

Median $/sqft

ZIP 84106$335
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
2026-06-19Listed for sale$575,000

For Sale by Agent

AgentSilvia T. Salguero-Huerta
BrokerageTierOne Real Estate LLC

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