344 E Utopia Ave
South Salt Lake, UT 84115
MLS #2097012

Duplex for Sale

Welcome to an exceptional income-producing duplex in South Salt Lake-just minutes from Sugarhouse. This front-and-rear property offers flexibility, solid rental history, and outstanding potential for both investors and owner-occupants. Unit 344, the front unit, is a 3-bedroom, 1-bath home with a long-term month-to-month tenant who has been there for over 12 years. It features a brand-new bathroom remodel, newer refrigerator and dishwasher, and an unfinished basement with the potential to add an additional bedroom, bathroom, or living space to boost rental income. Unit 346, the rear unit, is a 3-bedroom, 2-bath that underwent extensive renovations over the past few years. Upgrades include a new kitchen, updated electrical, new flooring, and a fully finished basement with a large family room and an added bathroom. A new water heater and furnace were installed in 2023, and the secondary drain line was hydro-jetted in fall of 2023. This unit is currently leased through August 2025. The current owners replaced all polybutylene plumbing with PEX for added peace of mind. The property also includes a three-car carport in the back, one uncovered space in front and off-street parking. There is also a locking storage shed divided between the two units. A small flower and herb garden along the side of the home adds charm and has been lovingly maintained by previous tenants. This property sits in a prime location with convenient access to I-15, I-80, and the TRAX light rail system, making commuting to downtown Salt Lake a breeze. Nearby parks include Fitts Park and Harmony Park, and the neighborhood is close to SLCC South City Campus, Westminster University, Granite Technical Institute, and multiple culinary schools. Both units have a strong rental history and are currently generating slightly below-market rents, leaving room for future upside. Whether you plan to live in one and rent the other or maximize returns by updating and finishing additional space, the possibilities here are real. 24-hour notice required for showings. Please do not disturb tenants.