3030 PORTER AVE photo 1
1 / 87
Quadruplex
Active
74Days on Market

$625,000

$209/sqft+3.6%/yrHome values in the 84403 zip code have grown an average of 3.6% per year over the last 5 years.
Mountain View

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About This Property

I'm interested

Excellent investment opportunity with this well-maintained 4-plex featuring one studio unit and three 1-bedroom units. The property offers numerous updates throughout, including new roofs on both buildings, newer individual water heaters for each unit, and furnaces updated within the last 5 years. One unit also features a newer mini split system for added comfort and efficiency. The property has a strong rental history with well-established tenants in all 4 units. Separate gas and electricity meters for each unit help simplify management and tenant utilities. Coin-operated laundry and additional storage units on the property provide extra income potential. A fantastic opportunity to add a solid, income-producing multi-family property to your portfolio! This property consists of 2 buildings connected by breezeway. 3030 Porter Ave & 3034 Porter Ave, with 2 units in each. Laundry is located in the basement of 3034 Porter Ave. *No showings until offer is accepted, please do not disturb tenants.*

Property Features

Heating

Forced Air,Gas: Central,Gas: Radiant,Wall Furnace

Flooring

Tile

Laundry

Electric Dryer Hookup,Gas Dryer Hookup

Interior Features

Kitchen: Updated,Range/Oven: Free Stdng.

Exterior Features

Basement Entrance,Double Pane Windows,Out Buildings,Lighting,Patio: Covered

Parking

Parking: Uncovered

Unit Breakdown

Type 1

1 bath · Square Feet: 400

$780/mo

Type 2

1 bed · 1 bath · Square Feet: 640

$1,015/mo

Type 3

1 bed · 1 bath · Square Feet: 640

$960/mo

Type 4

1 bed · 1 bath · Square Feet: 640

$1,100/mo

Total Actual Rent(4 units)

$3,855/mo

Location

Estimated Monthly Payment

$3,519/mo

Down Payment$125,000 (20%)
Principal & Interest$3,170
Property Tax$232/mo
Insurance (est.)$117/mo
Est. Total$3,519/mo

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

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MLS# 2165290• Tax ID: 04-025-0020

Courtesy of Lewis Weaver, Real Broker, LLC · 801-668-1737 · lw@lwrealestate.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

$3,519/mo

Down Payment$125,000 (20%)
Principal & Interest$3,170
Property Tax$232/mo
Insurance (est.)$117/mo
Est. Total$3,519/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# 2165290• Tax ID: 04-025-0020

Courtesy of Lewis Weaver, Real Broker, LLC · 801-668-1737 · lw@lwrealestate.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

Middle School

Mount Ogden

High School

Ogden

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