MLS #2071896 | 1162 E 400 S, Salt Lake City

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> 4 Units for Sale

Don't miss this rare chance to own a large 8-plex in one of Salt Lake City's most desirable rental markets! Ideally located within 5 minutes walking distance to the University of Utah, near public transit, and downtown Salt Lake City, this property offers an unbeatable location for tenants. Each of the eight units boasts a spacious 1,100 sq. ft. layout featuring 2 bedrooms and 1 bathroom. With cosmetic renovation potential, there is a great opportunity to increase rents and maximize returns. No Seller Financing Available. Prior owner rented to students by the bed with four beds per two bedroom up to 32 beds. A buyer could explore going back to this option, and may be able to get around $600/bed x 32 = $19,200/mo x 12 = $230,400/yr. This option is not guaranteed but may be something to look into. Currently the units are rented individually, some by the room. All measurements are provided as a courtesy. Buyer to verify all information independently. Owner/Agent.

Price Insights

Current price
Price per sq ft
Price per finished sq ft

$2,900,000
$303 / square foot
$303 / finished sq ft

10 Days on the Market

Status: Available

Schools, Inclusions, & Exclusions

Microwave, Range, Refrigerator
Inclusions are often re-negotiated during contract negotiation.

No items have been listed as excluded.

Salt Lake School District

Elementary: Bennion (M Lynn)
Middle: Bryant
Senior: East

The Numbers

Interior :
Style :
Year built :
Lot acres :
Lot sq ft :

9,563 square feet
Style: 3 Story
1973
.27 acres
11,761 square feet

Home Features & Amenities

Features: Disposal, Free Standing Range/Oven
Flooring: Carpet, Laminate, Vinyl
Window Coverings: Blinds
Heating: Central Gas
Utilities: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected

Exterior: Brick
Roof: Membrane
Style: 3 Story

Lot Size: 0.27 Acres (11, 761 sqft)
Salt Lake County
Lot Info: Sidewalks, Full Automatic Sprinkler, Mountain View
Subdivision: Plat F

Private Showing

For showing appointments, call Anna Sears, Realtor^® to view the home at 1162 E 400 S in Salt Lake City. Give Anna Sears, Realtor^® a call at (801) 680-2662.

1162 E 400 S was listed on Mar 20th, 2025 by Investment Realty Advisors LLC, a real estate brokerage. 435-485-7070 is the contact info for the listing brokerage contact assigned for this listing.

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