235 W 400 N photo 1
1 / 49
> 4 Units
Active
0Days on Market

$1,750,000

$493/sqft+2.2%/yrHome values in the 84103 zip code have grown an average of 2.2% per year over the last 5 years.
Seller Financing

Price history — protected

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About This Property

I'm interested

Exceptional investment opportunity in the heart of downtown Salt Lake City! This beautifully maintained 5-plex offers an ideal blend of timeless character and modern convenience in one of the city's most desirable rental locations. Just minutes from the vibrant downtown district, tenants will enjoy easy access to shopping, dining, entertainment, TRAX, and I-15, making commuting throughout the Salt Lake Valley effortless. The property is also conveniently located near Temple Square, the Utah State Capitol, and the Gateway entertainment district, with countless restaurants, coffee shops, parks, and cultural attractions nearby. Thoughtfully designed and well cared for, this multi-family property provides an attractive living experience for tenants while offering strong long-term investment potential. Whether you're looking to expand your portfolio or own a prime income-producing property in one of Utah's fastest-growing markets, this downtown 5-plex is an opportunity you won't want to miss.

Property Features

Heating

Gas: Central,Heat Pump

Flooring

Laminate,Tile

Interior Features

Closet: Walk-In,Disposal,Gas Log,Kitchen: Updated,Range: Gas,Dishwasher: Built-In,Smart Thermostat(s)

Exterior Features

Double Pane Windows,Patio: Covered,Porch: Open

Parking

Parking: Uncovered

Unit Breakdown

Type 1

2 bed · 1 bath · Square Feet: 700

$0/mo

Type 2

1 bed · 1 bath · Square Feet: 800

$0/mo

Type 3

1 bed · 1 bath · Square Feet: 550

$0/mo

Type 4

2 bed · 1 bath · Square Feet: 800

$0/mo

Type 5

2 bed · 1 bath · Square Feet: 700

$0/mo

Total Actual Rent(5 units)

$0/mo

Location

Estimated Monthly Payment

$9,924/mo

Down Payment$350,000 (20%)
Principal & Interest$8,876
Property Tax$720/mo
Insurance (est.)$328/mo
Est. Total$9,924/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.

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MLS# 2176148• Tax ID: 08-36-255-011

Courtesy of Jeremy Martin, Omada Real Estate · 801-509-5256 · mls@sternteam.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

$9,924/mo

Down Payment$350,000 (20%)
Principal & Interest$8,876
Property Tax$720/mo
Insurance (est.)$328/mo
Est. Total$9,924/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# 2176148• Tax ID: 08-36-255-011

Courtesy of Jeremy Martin, Omada Real Estate · 801-509-5256 · mls@sternteam.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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