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For sale
    • Price cut: $28.1K (7/24)
    $996,900

    42 W 500 N, Salt Lake City, UT 84103

    6beds
    4baths
    2,688sqft
    : 
    $5,992/mo
    Get pre-qualified
    Triplex
    Built in 1938
    -- sqft lot
    $950,100 Zestimate®
    $371/sqft
    $-- HOA

    What's special

    New electricalDouble pane windows
    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.
    90 days
    |
    260
    |
    13
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Cherie Orellana 801-231-1843,

    Platinum Place Realty,

    Wendy Bradshaw 801-231-6696,

    Platinum Place Realty

    Source: UtahRealEstate.com,MLS#: 2154730MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      Rooms
      • Room types: Second Kitchen, Updated Kitchen
      Heating
      • Electric, Forced Air
      Appliances
      • Included: Disposal, Free-Standing Range, Built In Dishwasher
      • Laundry: Electric Dryer Hookup
      Features
      • Basement Apartment, In-Law Floorplan
      • Windows: Blinds, Full, Window Coverings, Double Pane Windows
      • Basement: Basement Entrance
      • Has fireplace: No
      Interior area
      • Total structure area: 2,688
      • Total interior livable area: 2,688 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Open
      • Garage spaces: 2
      • Uncovered spaces: 2
      Features
      • Patio & porch: Covered, Porch, Covered Patio, Open Porch
      • Fencing: Partial
      • Has view: Yes
      • View description: Mountain(s), Valley
      Lot
      • Size: 3,920 Square Feet
      • Features: Corner Lot, Curb & Gutter, Secluded, Gentle Sloping
      • Topography: Terrain Grad Slope
      • Residential vegetation: Landscaping: Full
      Details
      • Parcel number: 0931151002
      • Zoning: R-2
      • Zoning description: Multi-Family

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex
      • Attached to another structure: Yes
      Materials
      • Brick, Concrete
      • Roof: Asphalt,Pitched
      Condition
      • Blt./Standing
      • New construction: No
      • Year built: 1938
      • Major remodel year: 2023

      Utilities & green energy

      • Sewer: Public Sewer, Sewer: Public
      • Water: Culinary
      • Utilities for property: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Salt Lake City

      Financial & listing details

      • Price per square foot: $371/sqft
      • Tax assessed value: $767,000
      • Annual tax amount: $3,897
      • Date on market: 5/1/2026
      • Listing terms: Cash,Conventional,1031 Exchange
      • Inclusions: Dryer, Microwave, Range, Refrigerator, Washer, Window Coverings
      • Acres allowed for irrigation: 0
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $950,100

        $903,000 - $998,000

        $2,198/mo

        Price history

        DateEventPrice
        7/24/2026Price change$996,900-2.7%$371/sqft
        Source: UtahRealEstate.com #2154730 Report a problem
        6/9/2026Price change$1,025,000-4.1%$381/sqft
        Source: UtahRealEstate.com #2154730 Report a problem
        5/1/2026Listed for sale$1,069,000+101.7%$398/sqft
        Source: UtahRealEstate.com #2154730 Report a problem
        1/13/2024Listing removed--
        Source: Zillow Rentals Report a problem
        12/6/2023Price change$1,500-6.3%$1/sqft
        Source: Zillow Rentals Report a problem
        11/29/2023Listed for rent$1,600$1/sqft
        Source: Zillow Rentals Report a problem
        12/14/2020Listing removed$529,900$197/sqft
        Source: IDI Real Estate #1716089 Report a problem
        12/9/2020Listed for sale$529,900$197/sqft
        Source: IDI Real Estate #1716089 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,898 +36%$421,850 +40.3%
        2024$2,865 +0.4%$300,685 +4.2%
        2023$2,853 -9%$288,585 -3%
        2022$3,134 +16.2%$297,385 +28.4%
        2021$2,696 +44.7%$231,660 +52%
        2020$1,863 -1.5%$152,405 +4.6%
        2019$1,893 -3.6%$145,640 +5.7%
        2018$1,963 +6.7%$137,775 -40.7%
        2017$1,839 +1%$232,300 +1.9%
        2016$1,820 -3.2%$228,000 +34.7%
        2015$1,881 +27.7%$169,300 +8.9%
        2014$1,474 $155,400 -2.3%
        2013-- $159,000 -0.1%
        2012-- $159,100 -7.6%
        2011-- $172,200 -2.2%
        2010-- $176,000 +0.3%
        2009-- $175,400 -18.4%
        2008$1,363 $215,000 -17.5%
        2007-- $260,700 +16.9%
        2006-- $223,100 +23.7%
        2005-- $180,400 +16.5%
        2002-- $154,900 +2%
        2001-- $151,800 -3.1%
        2000-- $156,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Capitol Hill

        Getting around

        58 / 100
        Somewhat Walkable
        48 / 100
        Some Transit
        61 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Washington
        • Middle: Northwest
        • High: West
        • District: Salt Lake

        Source: UtahRealEstate.com. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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