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Quadruplex

Active

0Days on Market

$1,150,000

$315/sqft+3.2%/yrHome values in the 84119 zip code have grown an average of 3.2% per year over the last 5 years.

$115,000↑$1,035,000 (900%)Aug 27

Mountain ViewCorner Lot

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About This Property

Excellent investment opportunity offering multiple income streams and strong rental potential. This well-maintained four-unit property has benefited from significant capital improvements, including new windows and upgraded electrical systems throughout. Each unit is individually metered with separate electric and gas meters, providing efficient utility management. Conveniently located near UTA bus and train lines, the property also offers ample on-site parking, with additional spaces available for separate rental. Garage storage units provide an additional opportunity to generate income, further enhancing the property's overall investment appeal.

Property Features

Heating

Forced Air,Gas: Central

Flooring

Carpet,Vinyl

Laundry

Electric Dryer Hookup

Interior Features

Range/Oven: Free Stdng.

Unit Breakdown

Type 1

2 bed · 1 bath · Square Feet: 912

$1,600/mo

Type 2

2 bed · 1 bath · Square Feet: 912

$1,650/mo

Type 3

2 bed · 1 bath · Square Feet: 912

$1,700/mo

Type 4

2 bed · 1 bath · Square Feet: 912

$1,950/mo

Total Actual Rent(4 units)

$6,900/mo

Location

Estimated Monthly Payment

$6,322/mo

Down Payment$230,000 (20%)

Principal & Interest$5,802

Property Tax$304/mo

Insurance (est.)$216/mo

Est. Total$6,322/mo

Based on 20% down, 6.479% rate, 30-yr fixed. For estimation only.

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MLS# 2181499• Tax ID: 15-33-151-001

Courtesy of Sean Steinman, Summit Sotheby's International Realty · 801-913-3790 · sean@resonancedevelopment.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.