For sale MLS# 2154730 · 178 days on the market
$949,000
It starts with a call with an agent.
42 W 500 N, Salt Lake City, UT 84103
About this home
NEW HUGE PRICE IMPROVEMENT now below appraisal that was done after renovation! Don't miss this! Prime Investment Area with good income, in Salt Lake City behind Utah State Capital and the highly desired Marmalade District! Live, work, and invest here! 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 vary seasonally averages $2200 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.
Written by the listing agent.
Location
The market in Salt Lake City today
$949,000 is 6% above the median asking price in Salt Lake City.
At $353 per sqft it asks 19% more than the median in the city.
49% of the listings for sale have lowered their price at least once.
From the listings for sale, as of October 26, 2026. Asking prices only: Utah does not make sold prices public.
Living in Salt Lake City
Salt Lake City is the capital and most populous city of Utah, founded in 1847 and located in a valley near the Great Salt Lake.
- 199,723 residents (2020)
- 24 rail stations
- 79 named trails
- 101 named parks
Monthly payment
- Principal & interest
- $5,259
- Property tax
- $325
- Home insurance
- $110
10% down ($94,900), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.
Details
- Style
- Side By Side
- Garage
- 2 cars
- Lot
- 0.09 acres
- Parking
- Parking: Uncovered, Detached, Storage Above
- Heating
- Electric, Forced Air
- Roof
- Asphalt, Pitched
See all 14 details
- Construction
- Brick, Concrete
- Water
- Culinary
- Sewer
- Sewer: Connected, Sewer: Public
- Effective year built
- 2023
- County
- Salt Lake
- Faces
- South
- Zoning
- Multi-Family
- Terms
- Cash, Conventional, Exchange, FHA, VA Loan
- Basement Apartment
- Disposal
- Kitchen: Second
- Kitchen: Updated
- Mother-in-Law Apt.
- Range/Oven: Free Stdng.
- Dishwasher: Built-In
- Basement Entrance
- Double Pane Windows
- Patio: Covered
See all 26 features
Interior
- Basement Apartment
- Disposal
- Kitchen: Second
- Kitchen: Updated
- Mother-in-Law Apt.
- Range/Oven: Free Stdng.
- Dishwasher: Built-In
Exterior
- Basement Entrance
- Double Pane Windows
- Patio: Covered
- Porch: Open
Lot features
- Corner Lot
- Curb & Gutter
- Fenced: Part
- Road: Paved
- Secluded
- Terrain: Grad Slope
- View: Mountain
- View: Valley
View
- Mountain(s)
- Valley
Utilities
- Natural Gas Connected
- Electricity Connected
- Sewer Connected
- Sewer: Public
- Water Connected
Schools
Assigned schools as reported to the MLS by the listing agent. Boundaries change; confirm enrollment with the district. · Salt Lake
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Listing courtesy of Platinum Place Realty / Cherie Orellana. Based on information from UtahRealEstate.com as of 10/26/2026 4:37 AM. 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.