About 42 W 500 N
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.
Features of 42 W 500 N
| MLS® # | 2154730 |
|---|---|
| Price | $985,000 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Square Footage | 2,688 |
| Acres | 0.09 |
| Year Built | 1938 |
| Type | Residential |
| Sub-Type | Triplex |
| Style | Side By Side |
| Status | Active |
Community Information
| Address | 42 W 500 N |
|---|---|
| Area | Salt Lake City: Avenues Area |
| City | Salt Lake City |
| County | Salt Lake |
| State | UT |
| Zip Code | 84103 |
Amenities
| Utilities | Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected |
|---|---|
| Parking | Parking: Uncovered, Detached, Storage Above |
| # of Garages | 2 |
| View | Mountain(s), Valley |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Basement Apartment, Disposal, Kitchen: Second, Kitchen: Updated, Mother-in-Law Apt., Range/Oven: Free Stdng., Dishwasher: Built-In |
|---|---|
| Heating | Electric, Forced Air |
| Fireplace | No |
Exterior
| Exterior Features | Basement Entrance, Double Pane Windows, Patio: Covered, Porch: Open |
|---|---|
| Lot Description | Corner Lot, Curb & Gutter, Fenced: Part, Road: Paved, Secluded, Terrain: Grad Slope, View: Mountain, View: Valley |
| Windows | Blinds, Full |
| Roof | Asphalt, Pitched |
| Construction | Brick, Concrete |
School Information
| District | Salt Lake |
|---|---|
| Elementary | Washington |
| Middle | Northwest |
| High | West |
Additional Information
| Date Listed | May 1st, 2026 |
|---|---|
| Days on Market | 126 |
| Zoning | Multi-Family |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Cherie Orellana |
|---|---|
| Office | Platinum Place Realty |
| Contact Info | 801-231-1843 |