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$1,025,000

  • For Sale
  • Active
  • Triplex
  • 6 Beds
  • 4 Total Baths
  • 2,688 Sq. Ft.
  • 2 Car Garage
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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.

Full Property Details for 42 W 500 N

General

  • Price: $1,025,000
  • Taxes: $3,897
  • Status: Active
  • Type: Triplex
  • Source: WFR
  • MLS ID: 2154730
  • Updated: 6/8/2026
  • Added to Site: 72 day(s) ago

Interior

  • Interior Features: Basement Apartment, Disposal, Kitchen: Second, Kitchen: Updated, Mother-in-Law Apt., Range/Oven: Free Stdng., Dishwasher: Built-In

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 6

Other Rooms

  • Laundry: Electric Dryer Hookup

Additional Information

  • Equipment: Window Coverings

Exterior

  • Exterior Features: Basement Entrance, Double Pane Windows, Patio: Covered, Porch: Open
  • Porch/Patio/Deck: Covered, Porch: Open

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Total Spaces: 4
  • Parking Features: Parking: Uncovered

Location

  • Area: Salt Lake City: Avenues Area
  • County: Salt Lake
  • Cross Streets: 500
  • Direction Faces: South

School Information

  • Elem School District: Salt Lake
  • Midd School District: Salt Lake
  • High School District: Salt Lake
  • Elementary School: Washington
  • Middle School: Northwest
  • High School: West

Heating & Cooling

  • Heating Type: Electric, Forced Air

Utilities

  • Sewer: Sewer: Connected, Sewer: Public
  • Water: Culinary
  • Utility Description: Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected

Structural Information

  • Property Detached: Yes
  • Architectural Style: Side By Side
  • Construction: Brick, Concrete
  • Exterior Const.: Brick, Concrete
  • Roof: Asphalt, Pitched
  • Windows: Blinds, Full
  • Square Feet: 2,688
  • Living Area: 2,688 Sq. Ft.
  • Current Bldg. Use: Residential
  • Year Built: 1938
  • Property Condition: Blt./Standing

Lot Features

  • Property View: Mountain(s), Valley
  • Lot Size (Acres): 0.09
  • Lot Size (Sq. Ft.): 3,920.4
  • Lot Size: .09
  • Landscape: Landscaping: Full
  • Topography: Corner Lot, Curb & Gutter, Fenced: Part, Road: Paved, Secluded Yard, Terrain: Grad Slope, View: Mountain, View: Valley
  • Lot Features: Corner Lot, Curb & Gutter, Fenced: Part, Road: Paved, Secluded, Terrain: Grad Slope, View: Mountain, View: Valley
  • Trees/Vegetation: Landscaping: Full
  • Zoning: R-2

Financial Considerations

  • Tax Amount: $3,897
  • Terms: Cash, Conventional, Exchange

Disclosures and Reports

  • Inclusions: Dryer, Microwave, Range, Refrigerator, Washer, Window Coverings
  • Property ID: 09-31-151-002

Listed by Platinum Place Realty

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Listing agents

— 42 W 500 N —

  • Platinum Place Realty

  • Platinum Place Realty

801-231-1843

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 42 W 500 N

School District:Salt Lake City School District
NameGradesDistance
Washington School, Salt Lake City, UT
420 North 200 West, Salt Lake City, UT 84103
PK-60.3 mi
Innovations K-8
1700 South State Street, Salt Lake City, UT 84115
K-83.2 mi
West High School
241 North 300 West, Salt Lake City, UT 84103
7-120.7 mi
Salt Lake Center for Science Education Bryant
40 South 800 East, Salt Lake City, UT 84102
7-81.4 mi
Innovations High School
1700 South State Street, Salt Lake City, UT 84115
9-123.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 42 W 500 N Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/08/2026
Price Reduced
$1,025,000
-4.12%
MLS
5/01/2026
Listed
$1,069,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 42 W 500 N

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,898
36%
$767,000
155%
2024
$2,865
—
$300,685
4%
2023
$2,853
-9%
$288,585
-3%
2022
$3,134
16%
$297,385
-29%
2021
$2,696
45%
$421,200
52%
2020
$1,863
-2%
$277,100
90%
2019
$1,893
4%
$145,640
-42%
2017
$1,820
—
$250,500
8%
2017
$1,820
-3%
$232,300
2%
2016
$1,881
28%
$228,000
35%
2015
$1,474
8%
$169,300
9%
2014
$1,364
-6%
$155,400
-2%
2013
$1,458
—
$159,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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Listed by Platinum Place Realty

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42 W 500 N, Salt Lake City, UT 84103 (MLS# 2154730) is a Triplex property with 6 bedrooms and 0 full bathrooms. 42 W 500 N is currently listed for $1,025,000 and was received on May 01, 2026. Want to learn more about 42 W 500 N? Do you have questions about finding other Triplex real estate for sale in Salt Lake City? You can browse all Salt Lake City real estate or contact a Coldwell Banker agent to request more information.

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