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Open House
Saturday October 17 · 12:30 PM – 2:00 PM
Hosted by Cherie Orellana
$949,000
-$36.0k
Originally listed at $1,069,000
MLS #2154730
Beds
6
Baths
4
Sq Ft
2,688
Lot
0.09 ac
Built
1938
Garage
2 car
Has view
About this home
This home for sale at 42 W 500 N Salt Lake City, UT 84103 has been listed at $949,000 and has been on the market for 168 days.
Full description
NEW HUGE PRICE IMPROVEMENT now below appraisal that was done after renovation! Don't miss this! 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.
Property details
- Property Type
- Residential
- Sub-type
- Triplex
- Status
- Active
- Days on Market
- 168
- Bedrooms
- 6
- Bathrooms
- 4
- Year Built
- 1938
- Effective Year
- 2023
- Living Area
- 2,688 sq ft
- Lot Size
- 0.09 acres
- Price/sqft
- $353.05
- Garage Spaces
- 2
- Parking Total
- 4
- County
- Salt Lake
- City
- Salt Lake City
- Zoning
- Multi-Family
- Tax Annual
- $3,897
- Preferred Financing
- Cash, Conventional, Exchange, FHA, VA Loan
- Parcel #
- 09-31-151-002
- MLS Area
- Salt Lake City: Avenues Area
- Listed By
- Platinum Place Realty
Inclusions
- Dryer
- Microwave
- Range
- Refrigerator
- Washer
- Window Coverings
Interior features
- Basement Apartment
- Disposal
- Kitchen: Second
- Kitchen: Updated
- Mother-in-Law Apt.
- Range/Oven: Free Stdng.
- Dishwasher: Built-In
Exterior features
- Basement Entrance
- Double Pane Windows
- Patio: Covered
- Porch: Open
Building, systems & basement
- Roof
- Asphalt, Pitched
- Construction
- Brick, Concrete
- Heating
- Electric, Forced Air
Garage & parking
- Garage spaces
- 2
- Parking total
- 4
- Open parking
- 2
- Covered spaces
- 2
- Parking: Uncovered
- Detached
- Storage Above
Land description
- Corner Lot
- Curb & Gutter
- Fenced: Part
- Road: Paved
- Secluded
- Terrain: Grad Slope
- View: Mountain
- View: Valley
Utilities
- Natural Gas Connected
- Electricity Connected
- Sewer Connected
- Sewer: Public
- Water Connected
Additional features
Patio & porch
- Covered
- Porch: Open
View
- Mountain(s)
- Valley
Window features
- Blinds
- Full
Laundry
- Electric Dryer Hookup
Sewer
- Sewer: Connected
- Sewer: Public
Water source
- Culinary
Other equipment
- Window Coverings
Current use
- Residential
Schedule a Tour with a Buyer’s Agent
Location
Salt Lake City, UT · approximate location
Schools
Elementary
Washington
Salt Lake
Middle/Jr
Northwest
Salt Lake
High
West
Salt Lake
Neighborhood
Walk · Transit · Bike
Some errands can be accomplished on foot. Some transit available. It's convenient to bike for trips.
Price History
Date
Price
Change
Change %
10/15/2026
$949,000
$353/sqft
-$36,000
-3.7%
9/3/2026
$985,000
$366/sqft
-$11,900
-1.2%
7/24/2026
$996,900
$371/sqft
-$28,100
-2.7%
7/24/2026
$1,025,000
$381/sqft
-$44,000
-4.1%
5/2/2026
$1,069,000
$398/sqft
Listed
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Listed by: Cherie Orellana · Platinum Place Realty. 801-231-1843.
Source: UtahRealEstate.com.
Information deemed reliable but not guaranteed. All measurements and calculations of area should be independently verified.
Based on information from UtahRealEstate.com as of Oct 16, 2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Publisher's notice: All real estate advertised herein is subject to the Federal Fair Housing Act and Utah Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, family status, or national origin.
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Salt Lake City market context
How this property sits against recent sales in the area.
This listing: $949,000 — 74.6% above the median sale price.
Salt Lake City market — Residential
What homes are doing.
Latest data through September 2026.
Median sale price
$543,500
-2.1% year over year
Median days on market
15
-21 days year over year
Sale-to-list ratio
98.7%
+0.33pp year over year
Homes sold in September
117
-121 year over year
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