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$275K+ Equity! Legal Duplex in Liberty Wells – $2,875/Mo Income | Quick Close Needed

6 Beds / 2 Baths • 2,400 SqFt

Available

Offer Submission Deadline

House Type 2-4 Unit
Bedrooms 6
Bathrooms 2
Year Built 1936
Approx.SqFt. 2400
Lot size SqFt. 6098
Garage Detached Garage

Description

Massive value-add opportunity in one of Salt Lake's most desirable neighborhoods!

1705 S Edison St, Salt Lake City, UT 84115

This legal duplex at 1705 S Edison St offers incredible flexibility - keep it as a cash-flowing rental property OR convert to a stunning single-family home. Either way, you're looking at $275K+ in built-in equity with an ARV of $750K.

The Numbers:

Asking Price: $475,000
Estimated ARV: $750,000
Current Rental Income: $2,875/month ($34,500/year)
Equity Opportunity: $275K+

Property Details:

6 Bedrooms | 2 Bathrooms | 2,400 SF
Downstairs Unit: 4 bed, 1 bath, full kitchen, washer/dryer, separate entrance
Upstairs Unit: 2 bed, 1 bath, full kitchen, washer/dryer
Detached garage + fully fenced yard
Currently rented through March 15th, 2026

The Opportunity: This property needs a full remodel (including roof and interior upgrades), making it perfect for investors or builders looking to force appreciation. Stairs between units are currently closed off but can easily be opened for single-family conversion. Comps show strong SFR values in the area.

Located in Liberty Wells - one of SLC's most walkable, trendy neighborhoods with excellent amenities.

⚠️ Time Sensitive: Must close by end of January 2026.

📸 Photos, comps, and offer submission available on site

🏠 Open House: Tuesday, January 13th, 2026 | 3:30-4:30 PM

**Google has a hard time finding the property**

It is on the corner of 1700 S and Edison St

use this link to find it!

https://maps.app.goo.gl/ZupNLCLBUThxrWTm9

Questions? Contact:

Brad Lancaster

📞 (435) 720-4119

📧 Brad@truhomebuyer.com