$995,000

86 N F ST, Salt Lake City, UT 84103

  • 4 beds |
  • 3 baths |
  • 2,944 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1916
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $338/sqft
  • Property List Date Icon Listed 8 days ago

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.

Listing Status:
Active
Date Added:
May 12, 2026
Data Last Updated:
May 20, 2026 at 5:42AM
Listing Office:
Mountain Luxury Real Estate : 801-745-8400
Listing Agent:
Scott Jordan : 385-354-6916
MLS ID:
2157325
  • General: Closet: Walk-InDen/OfficeRange/Oven: Free Stdng.
  • Laundry: Electric Dryer Hookup
  • Flooring: CarpetHardwood
  • Heating: Forced AirGas: Central
  • General: Patio: Covered
  • Style: Stories: 2
  • Parking: Parking: UncoveredParking spaces: 0
  • Roofing: Asphalt
  • Windows: Blinds
  • General: Blt./Standing
  • Originating MLS: UtahRealEstate.com
  • School District: Salt Lake
  • County: Salt Lake
  • Topography: Corner LotSprinkler: Auto-FullTerrainFlat
  • Landscaping: Landscaping: FullPines
  • Zoning: Single-FamilyMulti-Family09-31-481-001
  • Current Use: Residential
  • Utilities: Natural Gas ConnectedElectricity ConnectedSewer ConnectedWater Connected
  • Water: CulinaryIrrigation
  • Sewer: Sewer: Connected
  • Source: UtahRealEstate.com

This listing courtesy of Scott Jordan , Mountain Luxury Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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