116 B, Salt Lake City, UT 84103
6BD/—BA Residential in Salt Lake City, UT 84103. 3,750 sqft. Built 1891. Listed at $1,200,000. MLS #2130517.
6BD/—BA Residential in Salt Lake City, UT 84103. 3,750 sqft. Built 1891. Listed at $1,200,000. MLS #2130517.
Turnkey legal four-plex in the highly sought-after Avenues with all units currently occupied, providing immediate cash flow from day one. Zoned Retail/Residential (Mixed-Use), offering additional flexibility and long-term upside. Strong unit mix, off-street parking, and consistent rental demand in a prime central location near downtown, LDS Hospital, the University of Utah, and public transit. Many updates completed over the years, with value-add potential through rent optimization. Ideal for investors or 1031 exchange buyers. Do not disturb tenants. Showings by appointment with proper notice only. Buyer to verify all information.
Property Type
Residential
Property Style
Quadruplex
Architectural Style
Stories: 2
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Stone,Stucco
Lot Size
0.17 sq ft
Condition
Blt./Standing
MLS #
2130517
Property Type
Residential
Property Style
Quadruplex
Architectural Style
Stories: 2
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Stone,Stucco
Lot Size
0.17 sq ft
Condition
Blt./Standing
MLS #
2130517
List Price
$1,200,000
Annual Taxes
$5,590
Home Warranty
No
List Price
$1,200,000
Annual Taxes
$5,590
Home Warranty
No
Heating
Gas: Radiant,Hot Water
Roof
Asphalt,Flat
Flooring
Carpet,Hardwood,Tile
Materials
Brick,Stone,Stucco
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Gas: Radiant,Hot Water
Roof
Asphalt,Flat
Flooring
Carpet,Hardwood,Tile
Materials
Brick,Stone,Stucco
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Covered Spaces
0
Total Parking
5
Covered Spaces
0
Total Parking
5
Classification
Standard
Deal Score
30/100
vs Similar Homes
0% above
vs Market Median
26% above
Area Growth (YoY)
0.1%
Deal Score Breakdown
30/100
Priced 0% above the median of similar listings
Priced 26% above the per-subtype city median
0.1% year-over-year ZHVI growth in this area
STR net cashflow -$3,683/mo (-45.2% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
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.
Est. Annual Revenue
$76,408/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$3,682 /mo (−$44,180/yr)
Monthly STR income
Monthly ownership cost
Coverage
78%
Net /mo
−$3,683
DSCR
0.73
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$575,000
+109% vs median
55 days
621
$184,000 – $7,995,000
$5,590
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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