$725,000

3981 S 500 E Salt Lake City, UT 84107

Estimated payment $4,336/month

Total Views 3,847
6 Beds
5 Baths
3,254 Sq Ft
$223 Price per Sq Ft

Highlights

  • Updated Kitchen
  • Mountain View
  • Granite Countertops
  • Mature Trees
  • Corner Lot
  • No HOA

About This Home

Centrally located with easy access to I-15 and downtown Salt Lake, this remodeled duplex is in the perfect location for high rents and low vacancy. Completely remodeled in 2021, almost everything was updated, making for a low maintenance property moving forward. Updates include new HVAC in one unit and new Heat Pump in the other, partially updated electrical and plumbing, new kitchen appliances and washer/dryers. Complete with high end finishes including real wood cabinets, granite tops in kitchens, tile flooring, and recessed lighting throughout. Both units feature open floor plans, tall vaulted ceilings, full kitchens, 3 bedrooms, 2 full bathrooms, and in unit washer/dryer. Both units open directly to separate yard areas, one with covered patio space. With an oversized 2 car garage, and 2 carport parking spaces, plus driveway parking to accommodate at least 8 more vehicles. Both units are easily and consistently rented with rents increasing every year. Buyer and buyer's agent to confirm all information in listing including square footage.

Listing Agent

Ashley Rolfe

Alliance Residential Real Estate LLC License #8321152 Listed on: 06/28/2025

Co-Listing Agent

Yvonne Flitton

Alliance Residential Real Estate LLC License #218746

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,618

Year Built

  • Built in 1894

Lot Details

  • 0.34 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Corner Lot
  • Mature Trees

Parking

  • 2 Car Garage
  • 10 Open Parking Spaces
  • 2 Carport Spaces

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 3,254 Sq Ft Home
  • Double Pane Windows
  • Blinds
  • Mountain Views
  • Electric Dryer Hookup

Kitchen

  • Updated Kitchen
  • Granite Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • James E. Moss Elementary School
  • Bonneville Middle School
  • Cottonwood High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heat Pump System
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • 2 Units
  • Plat A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 16-31-430-013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,618

Year Built

Built in 1894

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.34
  • Lot Size: 0.0x0.0x0.0
  • Co List Office Mls Id: 69310
  • Co List Office Phone: 801-268-2559
  • Subdivision Name: PLAT A
  • Architectural Style: Stories: 2
  • Carport Y N: Yes
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 1894
  • Accessory Dwelling Unit: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Private Spa: No
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Kitchen: Updated, Granite Countertops
  • Living Area: 3254.0
  • Window Features: Blinds

Exterior Features

  • Lot Features: Corner Lot, Fenced: Part, View: Mountain
  • Pool Private: No
  • Topography: Corner Lot, Fenced: Part, Terrain, Flat, View: Mountain
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum, Brick
  • Direction Faces: West
  • Exterior Features: Double Pane Windows, Patio: Covered
  • Patio And Porch Features: Covered
  • Property Condition: Blt./Standing
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.0
  • Covered Parking Spaces: 4.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 10.0
  • Open Parking: No
  • Parking Features: Covered
  • Total Parking Spaces: 14.0

Utilities

  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: No
  • Heating: Forced Air, Gas: Central, Heat Pump
  • Heating Yn: Yes
  • Sewer: Sewer: Connected
  • Utilities: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Culinary

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: James E. Moss
  • Junior High Dist: Granite
  • High School: Cottonwood
  • Middle Or Junior School: Bonneville

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 14810.4
  • Parcel #: 16-31-430-013
  • Zoning Description: 1110
  • Zoning: Single-Family, Multi-Family

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4618.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $4,619 $669,700 $167,400 $502,300
2022 $4,501 $680,700 $164,200 $516,500
2021 $2,571 $337,100 $126,400 $210,700
2020 $2,570 $318,600 $112,900 $205,700
2019 $2,542 $307,700 $105,500 $202,200
2018 $1,675 $195,200 $105,500 $89,700
2017 $1,655 $201,800 $105,500 $96,300
2016 $1,539 $183,900 $88,600 $95,300
2015 $1,093 $126,100 $86,900 $39,200
2014 $991 $111,900 $85,100 $26,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2025 07/20/25 For Sale $725,000 0.0% $223 / Sq Ft
07/08/2025 07/08/25 Pending -- -- --
06/28/2025 06/28/25 For Sale $725,000 -- $223 / Sq Ft
Source: UtahRealEstate.com

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Advanced Title Slc
Warranty Deed -- Cottonwood Title
Warranty Deed -- Cottonwood Title
Warranty Deed -- Cottonwood Title
Warranty Deed -- Cottonwood Title
Warranty Deed -- Cottonwood Title
Warranty Deed -- Cottonwood Title
Warranty Deed -- Benchmark Title Ins Agcy
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $423,750 New Conventional
Previous Owner $389,000 New Conventional
Previous Owner $165,000 Purchase Money Mortgage
Previous Owner $143,200 Credit Line Revolving
Previous Owner $77,350 Adjustable Rate Mortgage/ARM
Source: Public Records

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Source: UtahRealEstate.com

MLS Number: 2095411

UtahRealEstate.com

APN: 16-31-430-013-0000