86 N F St, Salt Lake City, UT 84103
Local realty services provided by:CENTURY 21 Wasatch Life Realty
86 N F St,Salt Lake City, UT 84103
$995,000
- 4 Beds
- 3 Baths
- 2,944 sq. ft.
- Multi-family
- Active
Listed by: scott jordan
Office: mountain luxury real estate
MLS#:2157325
Source:SL
Price summary
- Price:$995,000
- Price per sq. ft.:$337.98
About this home
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....
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Home facts
- Year built:1916
- Listing ID #:2157325
- Added:2 day(s) ago
- Updated:May 15, 2026 at 11:15 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Flooring:Carpet, Hardwood
- Kitchen Description:Range/Oven: Free Stdng.
- Living area:2,944 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas: Central
Structure and exterior
- Roof:Asphalt
- Year built:1916
- Building area:2,944 sq. ft.
- Lot area:0.15 Acres
- Lot Features:Corner Lot, Flat, Sprinkler: Auto-Full
- Construction Materials:Brick, Stucco
- Exterior Features:Covered, Patio: Covered
Schools
- High school:West
- Middle school:Bryant
- Elementary school:Wasatch
Utilities
- Water:Culinary, Irrigation, Water Connected
- Sewer:Sewer Connected, Sewer: Connected
Finances and disclosures
- Price:$995,000
- Price per sq. ft.:$337.98
- Tax amount:$3,489
Features and amenities
- Laundry features:Electric Dryer Hookups
- Amenities:Closet: Walk-In, Den/Office, Storage Shed(s)
Parking
- Parking description:Parking: Uncovered
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