Active
1162 E 400 S, Salt Lake City, UT 84102
$2,300,000
16 bed · 8 bath · 9,563 sqft
Rare opportunity to acquire a large-unit 8-plex steps from the University of Utah. Each of the eight units offers approximately 1,100 square feet with a 2-bedroom / 1-bathroom layout, an ideal configuration for both traditional leasing and student-oriented rental models. Strong location within walking distance to campus, transit, and downtown Salt Lake City supports consistent tenant demand. The property offers cosmetic value-add potential and operational upside through rental strategy improvements. Historically operated under multiple leasing structures, providing flexibility for investors to optimize income (buyer to verify). Owner/Agent.
TOP 20% VALUE: priced better per square foot than 9 of the 10 most similar active listings nearby.
| Year built | 1973 |
|---|---|
| Lot size | 0.27 acres |
| Garage | 2 spaces |
| Stories | 0 |
| Type | > 4 Units |
| Annual taxes | $12,164 |
| County | Salt Lake County |
| MLS # | 2155284 |
| Days on market | 127 |
Photos (10)
Listing courtesy of Porter Criddle, Investment Realty Advisors LLC.
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