465 6TH, Salt Lake City, UT 84103
6BD/—BA Residential in Salt Lake City, UT 84103. 3,475 sqft. Built 1910. Listed at $1,000,000. MLS #2121471.
6BD/—BA Residential in Salt Lake City, UT 84103. 3,475 sqft. Built 1910. Listed at $1,000,000. MLS #2121471.
465 East 6th Avenue is a 3,475-square-foot fourplex nestled on the tree-lined streets of The Avenues, one of Salt Lake City's most historic and sought-after neighborhoods. Built in 1910, this blond brick property showcases early 20th-century architecture with elegance, enduring craftsmanship, and timeless charm. Thoughtful updates over the years have enhanced functionality while preserving the warmth and character of the original design. Each of the four units offers its own distinctive appeal. The property includes a bright, efficient studio; a light-filled one-bedroom, one-bath unit rich with original details; and two expansive two-bedroom units with one featuring an additional half bath. All units have been tastefully updated, seamlessly blending period character with modern comfort to create a property that is both timeless and highly livable.
Property Type
Residential
Property Style
Quadruplex
Architectural Style
Stories: 2
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Clapboard
Lot Size
0.16 sq ft
Condition
Blt./Standing
MLS #
2121471
Property Type
Residential
Property Style
Quadruplex
Architectural Style
Stories: 2
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Clapboard
Lot Size
0.16 sq ft
Condition
Blt./Standing
MLS #
2121471
List Price
$1,000,000
Annual Taxes
$3,442
Home Warranty
No
List Price
$1,000,000
Annual Taxes
$3,442
Home Warranty
No
Heating
Forced Air,Gas: Central
Roof
Asphalt
Flooring
Hardwood,Linoleum,Tile
Materials
Brick,Clapboard
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Valley
Heating
Forced Air,Gas: Central
Roof
Asphalt
Flooring
Hardwood,Linoleum,Tile
Materials
Brick,Clapboard
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Valley
Covered Spaces
4
Total Parking
4
Covered Spaces
4
Total Parking
4
Why this is a deal
Classification
Exceptional DealDeal Score
95/100
vs Similar Homes
17% below
vs Market Median
20% below
Area Growth (YoY)
-1.5%
Deal Score Breakdown
95/100 · 3 qualifying signals
Priced 17% below the median of similar listings
Priced 20% below the per-subtype city median
LT net cashflow +$792/mo (+11.9% return on ownership cost) · STR net cashflow -$2,482/mo (-37.4% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
-1.5% year-over-year ZHVI growth in this area
No price reduction from original list
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Monthly Rent
$8,446/mo
Range: $6,708 – $10,183
Net Monthly Cash Flow
+$793 /mo (+$9,517/yr)
Monthly rental income
Monthly ownership cost
Coverage
127%
Net /mo
+$792
DSCR
1.48
Est. Annual Revenue
$71,275/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$2,482 /mo (−$29,788/yr)
Monthly STR income
Monthly ownership cost
Coverage
90%
Net /mo
−$2,482
DSCR
0.83
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$585,000
+71% vs median
39 days
659
$175,000 – $7,995,000
$3,442
High Crime
28.7
per 1,000
83.9
per 1,000
34.5
per 1,000
147.1
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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