Historic Avenues triplex at 86 N F St in Salt Lake City with covered front porch, mature landscaping, green lawn, and dramatic sunset sky

86 N F St. Salt Lake City, Utah 84103

Published


Featured Listing
86 N F St.
Salt Lake City, Utah 84103


$995K • 4 Bed • 3 Bath
2944 SF • 0.15 AC • MLS# 2157325



High-Yield Avenues Triplex: A Masterclass in Operational Efficiency. This 1916 Avenues triplex is a rare asset, boasting a 100% occupancy rate and a lean expense profile that prioritizes your bottom line. The property includes three tastefully updated and fully leased units: two 1-bedroom/1-bath units and one 2-bedroom/1-bath unit. Unlike older builds plagued by high overhead, this asset is a model of climate resilience and fiscal control. Operating expenses are kept remarkably low covering essential taxes and insurance-while tenants handle individual utilities via separate gas and power meters. This setup protects you from the rising utility costs that are eroding margins elsewhere. Immediate Cash Flow: Delivering a Gross Operating Income over $51,000 annually. All units are on month-to-month leases, providing the ultimate flexibility to capture 2026's trending rent growth. Situated on a prime corner lot with a 0.15-acre footprint, this property includes a long driveway, dedicated storage for every unit, and close proximity to the serene trails of City Creek Canyon. Own a piece of the Avenues that isn't just a building, but a high-performance financial engine. A turnkey investment with proven performance and room to grow.

Explore the full listing, view more photos, and discover everything this property has to offer.

Nearby Ski Resorts

NAME VERTICAL DISTANCE
Snowbird 3,240' 29 miles
Solitude Mountain Resort 2,494' 31 miles
Alta Ski Area 2,538' 32 miles


Nearby Schools

NAME GRADES DISTANCE
Wasatch School K - 6 1.0 miles
Salt Lake Center for Science Education 7 - 8 0.4 miles
West High School 7 - 12 1.3 miles


Historic Salt Lake City home at 86 N F St with covered front porch, mature landscaping, and walkable Avenues neighborhood setting
Front exterior of home with dormer window, covered porch, landscaped yard, and mature trees in the Avenues
Bright living room featuring hardwood floors, large windows, white trim, and natural light
Neutral bedroom with carpet flooring, white bedding, full-length mirror, and clean finishes
Kitchen with wood cabinetry, hardwood floors, open pass-through, and adjoining living space
Updated bathroom in Avenues home with white vanity, large mirror, tile shower, and neutral modern finishes
Upstairs bedroom with vaulted ceiling, large windows, carpet flooring, and cozy natural light
Compact kitchenette in Avenues triplex with white cabinetry, granite countertop, stove, and window seat
Lower-level living area in triplex home with carpeted stairs, sitting area, built-in cabinetry, and flexible living space

Learn about Salt Lake City, UT, and view more homes for sale SLC.

Schedule A Tour Today

Schedule a private tour of this fully leased Avenues triplex with Scott Jordan today to walk the property, review the three updated units, and see firsthand how its prime corner lot, dedicated storage, tenant-paid utilities, low operating expenses, and month-to-month lease structure create a flexible Salt Lake City investment with proven income and room to grow.

Luxury Is In The Details — Let's Talk

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