About This Home

This 6-bedroom, 5-bathroom multi-family at 332 E FENTON Ave S in South Salt Lake, UT is listed for $759,000 ($298 per sqft). Built in 1988, the home offers 2,548 sqft of living space on a 0.17 acres lot.

Key Features

  • Built in 1988
  • 0.17 acre lot
  • 6 parking spaces

Property Details

5 full
4-car garage
1988
Listing Description

Turnkey, fully leased duplex investment opportunity in a convenient Salt Lake City location! Both units are currently leased at $2,320/month each through August 2027, generating $4,640/month and $55,680 in annual gross rental income with responsible tenants already in place.

Each spacious unit features 3 bedrooms, 2.5 bathrooms, an attached 2-car garage, and a private, secluded yard-desirable features that help support strong long-term rental appeal. The property has been recently remodeled with new LVP flooring, fresh interior paint, and new bathroom vanities, offering updated interiors and reduced near-term improvement needs.

Excellent central location with convenient access to downtown Salt Lake City, major freeways, shopping, dining, employment centers, and everyday amenities. An excellent opportunity for investors seeking a stabilized, income-producing property with leases already secured.

After the current leases expire, the property offers flexibility for continued long-term rentals, potential owner occupancy of one unit while renting the other, or other rental strategies, subject to applicable regulations. Fully leased, recently updated, and producing income from day one-an attractive turnkey addition to an investment portfolio. Both sides occupied, offer subject to inspection please.

Monthly Cost Estimate

$4,059/mo

20% down · 6.5% · 30 years

Principal$549
Interest$3,289
Insurance$221

Estimates only. Actual payments may vary.

Location

332 E FENTON Ave S

South Salt Lake, UT 84115

PLAT A

Property Details

Construction

Aluminum

Heating

Forced AirNatural GasCentral

Questions & Answers

This 6-bedroom, 5-bathroom multi-family at 332 E FENTON Ave S is listed at $759,000 ($298/sqft). The estimated monthly payment is $4,059 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1988, 0.17 acre lot, 6 parking spaces.

This property is listed by Lei Liu.

LL

Lei Liu

Agent at Realtypath

Listed by Realtypath · Broker phone: (801) 386-5908 · View on Broker Site · Broker website

MLS# 2183415· Source: UtahRealEstate.com· 56 days on PropertySimple

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332 E FENTON Ave S, South Salt Lake, UT 84115

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