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1446 N MANDALAY RD, Salt Lake City, UT 84116
$750,000
1446 N MANDALAY RD, Salt Lake City, UT 84116
Units
2
Price/Unit
$375,000
Price/Sqft
$203
Est Gross Yield
7.4%
$55,152/yr est.
Property Details
Unit Mix
| Type | Count | Beds | Baths | Sqft | Rent/Mo |
|---|---|---|---|---|---|
| 5BR / 2BA | 1 | 5 | 2 | 1,850 | $2,821/mo |
| 5BR / 2BA | 1 | 5 | 2 | 1,850 | $2,812/mo |
| Total | 2 | 10 | 4 | 3,700 | $5,633/mo |
Unit mix data is reported by the seller or listing agent through the MLS and may be inaccurate or incomplete. Buyers should independently verify all information and conduct their own due diligence before making any investment decisions.
Description
Outstanding income-producing opportunity with this rare duplex featuring two spacious 5 bed, 2 bath units for a total of 10 bedrooms and 4 bathrooms. One unit has been recently remodeled and is move-in ready, creating an opportunity to lease at current market rates and maximize cash flow, while the second unit is already tenant occupied for immediate income. In addition to the interior updates, the entire exterior has been freshly painted, enhancing curb appeal and reducing near-term maintenance concerns. The large yard adds further tenant appeal and flexibility. Whether you're looking to expand your portfolio or capitalize on value-add potential, this property offers strong income potential with room to increase returns.
Listed by Cameron Burnside · KW Utah Realtors Keller Williams
Location
1446 N MANDALAY RD, Salt Lake City, UT 84116
Proforma
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Cap Rate
4.89%
Cash-on-Cash
0.57%
Cash Flow
$134/mo
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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.
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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 6/10/2026, 8:25:20 PM. 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. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.