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1470 S Edison St, Salt Lake City, UT 84115

$865,000

6 bed · 4 bath · 2,726 sqft

Price reduction. One of the best cap rates for a four plex available in Salt Lake City. Turnkey investment fourplex in Salt Lake City's Ballpark neighborhood, walking distance to Salt Lake Community College's South City Campus and two blocks from Smith's Ballpark. The Ballpark site is being redeveloped under the city's Ballpark Next plan (cra.slc.gov/ballparknext), adopted in December 2025, with rezoning approved in March 2026 and groundbreaking targeted for mid to late 2026. The plan includes a new library, approximately 400 multifamily units, 60 senior housing units, a 125-room hotel, 75,000 square feet of retail, and a new fire station. Updated throughout: kitchens, bathrooms, flooring, and many of the windows. Separate gas and electric meters in each unit. Two units have Google Fiber. Seven off-street parking spaces in the lot behind the building. A 690 square foot cellar with five 5x8 storage compartments can be rented to tenants for $25 each per month. Mountain views. Easy access to downtown, Liberty Park, Trax, freeways, and the airport. 3D Tour walks through all four units. Buyer to verify all information.

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Listing courtesy of Jeff Eaves, KW South Valley Keller Williams.

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