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Quadruplex

Active

8Days on Market

$887,000

$257/sqft+3.3%/yrHome values in the 84104 zip code have grown an average of 3.3% per year over the last 5 years.

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About This Property

I'm interested

Excellent investment opportunity in a prime Salt Lake City location! This well-maintained four-unit property offers strong rental appeal with current rents ranging from $1,450$1,700 per unit. Each unit features an open floor plan, in-unit washer and dryer, and central A/C installed approximately two years ago. The property also includes Google Fiber internet, an irrigation system (currently set to minimum due to the drought), eight dedicated parking stalls, a newly paved parking lot, a private dumpster, and four private storage units, providing valuable amenities for tenants and additional appeal for future residents. Ideally located just 8 minutes from Salt Lake City International Airport and 7 minutes from downtown Salt Lake City, with convenient access to major roads, employment centers, dining, shopping, and entertainment (including the newly proposed Power District Ballpark) . A compelling opportunity for investors seeking a well-located multifamily property with desirable tenant amenities and strong long-term potential. Listing Agent (Camden) is the owner, so please give me a call with any questions 801-870-5814. Please do not disturb tenants.

Property Features

Heating

Forced Air

Flooring

Tile

Parking

Parking: Uncovered

Unit Breakdown

Type 1

2 bed · 1 bath · Square Feet: 862

$1,450/mo

Type 2

2 bed · 1 bath · Square Feet: 862

$1,700/mo

Total Actual Rent(2 units)

$3,150/mo

Location

Estimated Monthly Payment

$5,050/mo

Down Payment$177,400 (20%)

Principal & Interest$4,499

Property Tax$385/mo

Insurance (est.)$166/mo

Est. Total$5,050/mo

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

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MLS# 2179520• Tax ID: 15-03-260-023

Courtesy of Camden Smith, ABRAXIA REAL ESTATE, LLC · 801-870-5814 · cmdn.smith@gmail.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.