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Quadruplex

Active

15Days on Market

$825,000

$305/sqft+3.2%/yrHome values in the 84119 zip code have grown an average of 3.2% per year over the last 5 years.

Price history — protected

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About This Property

I'm interested

Hyper-efficient, rarely available 4-plex in an exceptional West Valley City location! This turnkey investment offers an incredibly low trailing expense ratio (under 19%), yielding massive cash flow backed by a proven track record of near-zero vacancy and reliable long-term tenants. The building features solid operating fundamentals with major capital expenditures already handled, including updated HVAC systems and new water heaters for added peace of mind. Operational performance is bolstered by additional income from on-site, coin-operated laundry facilities and landlord-provided high-speed Utopia Fiber internet. With stable leases currently in place-and clear upside on the single vacant unit-this property presents the ideal blend of stabilized day-one returns and future rent-growth potential. Separately metered utilities (gas and electric) keep landlord expenses predictable. A prime portfolio addition for seasoned investors seeking a highly optimized, low-maintenance asset.

Property Features

Heating

Forced Air,Gas: Central

Interior Features

Disposal,Range/Oven: Free Stdng.,Granite Countertops

Parking

Covered,Parking: Uncovered

Unit Breakdown

Type 1

2 bed · 1 bath · Square Feet: 753

$1,355/mo

Type 2

1 bed · 1 bath · Square Feet: 600

$1,192/mo

Type 3

2 bed · 1 bath · Square Feet: 753

$1,488/mo

Type 4

1 bed · 1 bath · Square Feet: 600

$1,218/mo

Total Actual Rent(4 units)

$5,253/mo

Location

Estimated Monthly Payment

$4,683/mo

Down Payment$165,000 (20%)

Principal & Interest$4,184

Property Tax$344/mo

Insurance (est.)$155/mo

Est. Total$4,683/mo

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

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MLS# 2178108• Tax ID: 15-33-354-004

Courtesy of Spencer Wilson, Equity Summit Group PC · 801-244-6889 · spencer@equitysummitgroup.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.