395 E WELBY AVE photo 1
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Quadruplex
$20,000 reduction
Active
124Days on Market

$775,000

$318/sqft+2.6%/yrHome values in the 84115 zip code have grown an average of 2.6% per year over the last 5 years.

$795,000↓$20,000 (3%)Jun 9

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About This Property

I'm interested

This well-maintained fourplex at 385397 E Welby Ave offers a strong investment opportunity with four 1-bedroom, 1-bath units. Two units have been fully renovated with modern upgrades including new cabinets, countertops, flooring, fixtures, and updated bathrooms, while a third unit has been lightly renovated and remains in excellent condition. Each unit features central air, updated windows, washer/dryer hookups, and newer appliances, providing comfort and convenience for tenants. Situated in a desirable location, this property combines solid rental appeal with recent improvements, making it an attractive addition to any portfolio or a great first time 4-plex. Please call with any questions. Jacob Nielson (435) 851-0951.

Property Features

Heating

Electric,Forced Air

Flooring

Carpet

Laundry

Electric Dryer Hookup

Exterior Features

Double Pane Windows

Unit Breakdown

Type 1×4

1 bed · 1 bath · Square Feet: 610

$1,100/mo each

= $4,400/mo

Total Actual Rent(4 units)

$4,400/mo

Location

Estimated Monthly Payment

$4,487/mo

Down Payment$155,000 (20%)
Principal & Interest$3,931
Property Tax$411/mo
Insurance (est.)$145/mo
Est. Total$4,487/mo

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

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MLS# 2153289• Tax ID: 16-30-253-017

Courtesy of Jacob S Nielson, Newmark Mountain West · jnielson@newmarkmw.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

$4,487/mo

Down Payment$155,000 (20%)
Principal & Interest$3,931
Property Tax$411/mo
Insurance (est.)$145/mo
Est. Total$4,487/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# 2153289• Tax ID: 16-30-253-017

Courtesy of Jacob S Nielson, Newmark Mountain West · jnielson@newmarkmw.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

Lincoln

Middle School

Granite Park

High School

Cottonwood

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