42 W 500 N, Salt Lake City, UT 84103

• 6 beds |
• 4 baths |
• 2,688 sqft

Property Description

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.

Listing Status:

Active

Date Added:

May 1, 2026

Data Last Updated:

July 6, 2026 at 3:41PM

Listing Office:

Platinum Place Realty : 801-231-1843

Listing Agent:

Cherie Orellana : 801-231-1843

MLS ID:

2154730

Interior

• General: Basement ApartmentDisposalKitchen: SecondKitchen: UpdatedMother-in-Law Apt.Range/Oven: Free Stdng.Dishwasher: Built-In
• Laundry: Electric Dryer Hookup
• Heating: ElectricForced Air

Exterior

• General: Basement EntranceDouble Pane WindowsPatio: CoveredPorch: Open
• Style: Side By Side
• Parking: Parking: UncoveredParking spaces: 4

Construction

• Roofing: AsphaltPitched
• Windows: BlindsFull
• General: Blt./Standing

Location

• Originating MLS: UtahRealEstate.com
• School District: Salt Lake
• County: Salt Lake

Lot

• Topography: Corner LotCurb & GutterFenced: PartRoad: PavedSecluded YardTerrain: Grad SlopeView: MountainView: Valley
• Landscaping: Landscaping: Full
• Zoning: Multi-Family09-31-151-002
• View: Mountain(s)ValleyView
• Current Use: Residential

Utilities

• Utilities: Natural Gas ConnectedElectricity ConnectedSewer ConnectedSewer: PublicWater Connected
• Water: Culinary
• Sewer: Sewer: ConnectedSewer: Public

Financial

• Source: UtahRealEstate.com