1162 E 400 S photo 1
1 / 10
> 4 Units
Active
114Days on Market

$2,300,000

$241/sqft+2.0%/yrHome values in the 84102 zip code have grown an average of 2.0% per year over the last 5 years.
Mountain View

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About This Property

I'm interested

Rare opportunity to acquire a large-unit 8-plex steps from the University of Utah. Each of the eight units offers approximately 1,100 square feet with a 2-bedroom / 1-bathroom layout, an ideal configuration for both traditional leasing and student-oriented rental models. Strong location within walking distance to campus, transit, and downtown Salt Lake City supports consistent tenant demand. The property offers cosmetic value-add potential and operational upside through rental strategy improvements. Historically operated under multiple leasing structures, providing flexibility for investors to optimize income (buyer to verify). Owner/Agent.

Property Features

Heating

Gas: Central

Flooring

Carpet,Laminate,Vinyl

Interior Features

Disposal,Range/Oven: Free Stdng.

Parking

Covered

Unit Breakdown

Type 1

2 bed · 1 bath · Square Feet: 1105

$1,440/mo

Type 2

2 bed · 1 bath · Square Feet: 1105

$1,600/mo

Type 3

2 bed · 1 bath · Square Feet: 1105

$1,440/mo

Type 4

2 bed · 1 bath · Square Feet: 1105

$1,600/mo

Type 5

2 bed · 1 bath · Square Feet: 1105

$1,700/mo

Type 6

2 bed · 1 bath · Square Feet: 1105

$1,645/mo

Type 7

2 bed · 1 bath · Square Feet: 1105

$1,645/mo

Type 8

2 bed · 1 bath · Square Feet: 1105

$1,440/mo

Total Actual Rent(8 units)

$12,510/mo

Location

Estimated Monthly Payment

$13,110/mo

Down Payment$460,000 (20%)
Principal & Interest$11,665
Property Tax$1,014/mo
Insurance (est.)$431/mo
Est. Total$13,110/mo

Based on 20% down, 6.529% rate, 30-yr fixed. For estimation only.

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MLS# 2155284• Tax ID: 16-05-408-055

Courtesy of Porter Criddle, Investment Realty Advisors LLC · 801-694-5291 · porter@iraut.com

Property data from UtahRealEstate.com. Home value index from Zillow Research (zillow.com/research/data). Walkability data from Walk Score. Rent estimates from Rentometer. Public records (owner + loan) from the Salt Lake County Recorder; loan rate estimated from FRED's 30-yr average at origination month, balance assumes a 30-yr fixed with no extra payments. Property valuations by Rocco Value. Information deemed reliable but not guaranteed.

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Estimated Monthly Payment

$13,110/mo

Down Payment$460,000 (20%)
Principal & Interest$11,665
Property Tax$1,014/mo
Insurance (est.)$431/mo
Est. Total$13,110/mo

Based on 20% down, 6.529% rate, 30-yr fixed. For estimation only.

Generic estimate. Create an account to enter your down payment, rate, and cash on hand for a number tailored to you.

Create account & personalize

MLS# 2155284• Tax ID: 16-05-408-055

Courtesy of Porter Criddle, Investment Realty Advisors LLC · 801-694-5291 · porter@iraut.com

Property data from UtahRealEstate.com. Home value index from Zillow Research (zillow.com/research/data). Walkability data from Walk Score. Rent estimates from Rentometer. Public records (owner + loan) from the Salt Lake County Recorder; loan rate estimated from FRED's 30-yr average at origination month, balance assumes a 30-yr fixed with no extra payments. Property valuations by Rocco Value. Information deemed reliable but not guaranteed.

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Schools

Elementary

Bennion (M Lynn)

Middle School

Bryant

High School

East

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