1461 W Sunset Ave · West Valley City, UT
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $453 – $841
Heat risk 5/10 · Moderate
- Hot days now (above 95°F)
- 7 days/yr
- Hot days in 30 yrs
- 19 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 5 days/yr
- Unhealthy air days in 30 yrs
- 6 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +13.9/30.0
- ARV discount +7.5/15.0
- DSCR +4.2/10.0
- Livability +3.8/5.0
- 1% rule +2.8/10.0
- Rent growth +2.7/5.0
- Schools +2.6/10.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$399,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed
Listing remarks
Well-located duplex featuring two identical units. Each side offers 2 bedrooms and 1 bathroom. One unit was remodeled in 2025, providing updated finishes, while the second unit offers value-add potential. Conveniently situated with easy access to local amenities, schools, and major commuter routes. Ideal for investors or owner-occupants seeking a centrally located, income-producing property with a house-hack opportunity-live in one unit while generating potential rental income from the other. PLEASE DO NOT DISTURB THE CURRENT TENANTS
Key facts
- Updated finishes
- Remodeled in 2025
- Two identical units
Tags
Property features AI
Finance
- Financial info: Two total rental units; Unit rents: one unit at $1,050 and the other at $1,150
Exterior
- Parking: Uncovered parking for 6 vehicles; RV parking available
- Utilities: Natural gas connected; Electricity connected; Public sewer connected; Water connected (culinary)
- Home design: Side-by-side multi-family property; Property in built/standing condition
- Construction: Stucco exterior; Tar/gravel roof
- Exterior features: Open porch; Outbuilding(s); Fully fenced lot
Interior
- Kitchen: Gas range/oven; Gas oven
- Bedrooms: Two 2-bedroom units (each unit has 2 bedrooms)
- Flooring: Carpet
- Bathrooms: Each unit has 1 bathroom
- Heating & cooling: Gas central heating
- Interior features: Gas oven; Free-standing range/oven
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2 × 2-bed/1.0-bath units multifamily listed at $400k.
Deal economics
- At list price, monthly cash flow is $47 ($558/yr) — positive. Per door: $23/mo.
- The deal already cash-flows at list — no discount required.
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $311k (22.2% below list).
- Recommended offer: $311k (22.2% below list) — sets the bar for 1% rule.
Location & tenants
- Location reads 76/100 on livability (#55 in UT, #3,285 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, employment A-; Watch: crime D-, amenities F, health & safety D-.
- Granite District (suburban): math 26% / reading 32% proficiency, ranked #69 of 80 in UT (top 86%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
- Zoned schools: Redwood School (math 6% / reading 8%, grade F, #583 of 585 statewide, top 100%, 486 students, 77% FRL); Granite Park Jr High (math 6% / reading 14%, grade F, #138 of 138 statewide, top 100%, 871 students, 70% FRL); Granger High (math 7% / reading 22%, grade F, #167 of 171 statewide, top 98%, 3,481 students, 63% FRL) — zoned schools average 70% FRL vs 45% district-wide (25 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Zoned-school proficiency averages 10% at this address vs 29% district-wide (-18 pts) — the specific schools serving this property underperform the Granite District average; the district grade overstates school quality for this exact location.
- Market conditions: Rents flat; 232 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals leasing fast (median 4d on market — plan ~1-2 weeks tenant-placement turnaround); 4,970 units permitted in Salt Lake County in 2024 (1,963 in 5+ unit buildings).
- At $3,112/mo this rent would consume 52% of the median local household income ($71k/yr) (locally 1635% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $12k of value loss. Plan a longer hold.
- Salt Lake County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 149 days — a 12% lower offer ($352k) is reasonable based on typical stale-listing flexibility.
- 8 sale attempts since 31y ago; this cycle's ask has dropped $50k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $64k; list at $400k implies a 526% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1945 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 149 days. Have you received any prior offers? Is the seller open to a 22% concession, seller financing, or rate buy-down credit?
- Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
- What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
- Built in 1945 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 0.78% ✗
- Cap rate
- 6.43%
- Cash-on-cash
- 0.50%
- DSCR
- 1.02
- GRM
- 10.7
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 0.74% rent growth · sell at horizon
- IRR
- -17.8%
- Equity multiple
- 0.38×
- Total profit
- $-68,929
- Equity at exit
- $59,626
- IRR
- -14.4%
- Equity multiple
- 0.25×
- Total profit
- $-84,035
- Equity at exit
- $34,576
Cash invested: $111,972 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 86 Strongly Landlord-Friendly
- State Utah
- 86 Strongly Landlord-Friendly · R+15
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 84119
- Rents YoY
- 0.7%
- Active inventory
- 232
- Price-to-rent
- 21.4×
Monthly cashflow live
- Estimated rent
- $3,112 high interval (Pro) →
- Mortgage (P&I)
- −$2,097
- Tax from tax record
- −$148 /mo · $1,779/yr
- Insurance
- −$167
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$654
- Net cashflow
- $47
Break-even live
Sensitivity live
| Price | -10% $273 | -5% $160 | +0% $47 | +5% $-67 | +10% $-180 |
|---|---|---|---|---|---|
| Rent | -10% $-199 | -5% $-76 | +0% $47 | +5% $169 | +10% $292 |
| Rate | -1.0pp $248 | -0.5pp $148 | base $47 | +0.5pp $-57 | +1.0pp $-163 |
2-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 2× units | 2 | 1 | $3,112 |
| #1 | 2 | 1 | $1,556 |
| #2 | 2 | 1 | $1,556 |
| Total (2 units) | $3,112 | ||
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $99,975
- Closing costs
- $11,997
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 4 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1251 W Village Main Dr West Valley City, UT | 1.0–3.0 | 1.0–2.0 | 957 | $1,700 | $1.78 | 2d | 5 | 0.76mi |
| 1538 W Kingsbury Ln West Valley City, UT | 3.0 | 3.0 | 1237 | $2,050 | $1.66 | 4d | 1 | 1.29mi |
| 3600 S Orion Cir West Valley City, UT | 1.0–3.0 | 1.0–1.5 | 1075 | $2,009 | $1.87 | 24d | 1 | 1.32mi |
| 3314 S Meadowlark Dr West Valley City, UT | 4.0 | 2.0 | 1232 | $2,350 | $1.91 | 4d | 1 | 1.40mi |
Listing history 29 events
-
2026-06-13days on market $399,900 Active 149 DOM
-
2026-06-09days on market $399,900 Active 145 DOM
-
2026-06-08days on market $399,900 Active 144 DOM
-
2026-06-07days on market $399,900 Active 143 DOM
-
2026-06-03days on market $399,900 Active 139 DOM
-
2026-06-02days on market $399,900 Active 138 DOM
-
2026-06-01days on market $399,900 Active 137 DOM
-
2026-05-31days on market $399,900 Active 136 DOM
-
2026-05-09price $399,900
-
2026-02-24price $425,000
-
2026-01-15$450,000 Active
-
2016-09-07soldstatus
-
2009-12-21historical
-
2009-11-23$138,500
-
2008-06-05historical
-
2007-12-05$149,900
-
2004-12-16soldstatus
-
2001-10-30soldstatus
-
2001-10-29soldstatus
-
2001-10-08$76,900
-
2001-08-23historical
-
2000-11-06$75,000
-
1998-11-18soldstatus
-
1998-11-17soldstatus
-
1998-08-05$104,900
-
1998-07-04historical
-
1998-02-04$93,000
-
1996-02-29soldstatus $63,840
-
1995-12-08$68,000
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast UT · Resets to sale price
- Current annual tax
- $1,779 · $148/mo
- Projected year-2 tax
- $2,639 · $220/mo
- Expected delta
- +$861/yr (+$72/mo · 48.4%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 5/10 Major 7 d/yr ≥95°F today · 19 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 4/10 Moderate 5 unhealthy d/yr today · 6 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $37,344
- − Mortgage interest
- −$22,401
- − Property taxes
- −$1,779
- − Insurance
- −$2,000
- − Repairs & maintenance
- −$2,988
- − Management
- −$2,988
- − Depreciation
- −$11,633
- Taxable loss
- −$6,443
- Est. tax savings @ 24.0%
- +$1,546
- After-tax cash flow
- $2,105/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Granite District
- NCES district ID
- 4900360
- Math proficiency
- 26% ▼ -8.00%
- Reading proficiency
- 32% ▼ -3.00%
- Median HH income
- $55,971
- Composite
- 25.93/100
- National rank
- #7336
- State rank
- #69 of 80 in UT
Livability — West Valley City
- Score
- 76/100
- State rank
- #55
- US rank
- #3285
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- West Valley City, UT
- County
- Salt Lake County · 1,195,750 people
- City population
- 132,995
- Metro
- Salt Lake City, UT
- Population (ZIP)
- 50,070
- Household income
- $71,378
- Rent vs Own
- Severe rent burden
- 1635.0
Population outlook (Salt Lake County) Hauer SSP2
- Today (2025)
- 1,305,860 people
- By 2030
- 1,402,611 · +7.4%
- By 2040
- 1,594,533 · +22.1%
- By 2050
- 1,787,244 · +36.9%
- By 2075
- 2,224,138 · +70.3%
- By 2100
- 2,551,390 · +95.4%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.66)
- Race & ethnicity
- Hispanic / Latino 45% White 36% Two or more races 12% Black 5% Pacific Islander 4% Asian 4% Native American 3%
- Hispanic origin (detail)
- Mexican 36%
- Common ancestry
- Slovak 3% Portuguese 2% Italian 1%
- Foreign-born
- 27% · Canada, Vietnam, Jamaica
- Languages at home
- 54% English-only · Spanish 34% Other Asian/Pacific 3% Vietnamese 1%
Political lean MEDSL · Salt Lake
- 2024 margin
- D (+10.2) · D 53.7% · R 43.5% · Other 2.8%
- 2008→2024 swing
- +10.1pp toward D · 2008: 0.1pp · 2024: 10.2pp
- All cycles
- 2024: D+10.2 2020: D+11.0 2016: D+10.2 2012: R+19.3 2008: D+0.1
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -332.72%
- Current HPI
- 327.1858
- Rent YoY
- ▲ 0.74%
- Metro
- Salt Lake City, UT
- State GDP YoY
- ▲ 3.54%
- F500 in state
- 2
Industry mix (Fortune 500 HQ in UT)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Financial Services | 1 | $3B |
|
||
Price history
+488.1% since first listed21 events — show timeline
- 2026-05-09 Price Changed $399,900 WFRMLS
- 2026-02-24 Price Changed $425,000 WFRMLS
- 2026-01-15 Listed $450,000 WFRMLS
- 2016-09-07 Sold (Public Records) — Public Records
- 2009-12-21 Listing Removed — WFRMLS
- 2009-11-23 Listed $138,500 WFRMLS
- 2008-06-05 Listing Removed — WFRMLS
- 2007-12-05 Listed $149,900 WFRMLS
- 2004-12-16 Sold (Public Records) — Public Records
- 2001-10-30 Sold (MLS) — WFRMLS
- 2001-10-29 Sold (Public Records) — Public Records
- 2001-10-08 Listed $76,900 WFRMLS
- 2001-08-23 Listing Removed — WFRMLS
- 2000-11-06 Listed $75,000 WFRMLS
- 1998-11-18 Sold (MLS) — WFRMLS
- 1998-11-17 Sold (Public Records) — Public Records
- 1998-08-05 Listed $104,900 WFRMLS
- 1998-07-04 Listing Removed — WFRMLS
- 1998-02-04 Listed $93,000 WFRMLS
- 1996-02-29 Sold (Public Records) $63,840 Public Records
- 1995-12-08 Listed $68,000 WFRMLS
Property tax history
+4.3%/yrLatest (2025): $1,779 · -0.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…