1150 400, Salt Lake City, UT 84111
4BD/—BA Residential in Salt Lake City, UT 84111. 2,370 sqft. Built 1910. Listed at $990,000. MLS #2135582.
4BD/—BA Residential in Salt Lake City, UT 84111. 2,370 sqft. Built 1910. Listed at $990,000. MLS #2135582.
Turn-key fourplex in one of Salt Lake City's most in-demand rental corridors-fully leased with a proven income history and built for stability. Four well-designed units, each offering a spacious bedroom, full bath, and in-unit laundry, with living space on the main level and the bedroom and bath upstairs. Tons of natural light throughout. Major systems are already done: new electrical, new plumbing, updated roof, and refreshed interiors mean minimal maintenance and maximum peace of mind. Excellent off-street parking. Walk to Liberty Park and 9th & 9th; minutes to Salt Lake Community College, downtown, and transit-a location that keeps quality tenants in place and demand high. A strong fit for 1031 exchange buyers seeking stabilized income, investors building cash flow, or parents housing a college student while three units offset the cost. Stabilized, income-producing, and rare. Don't miss it.
Property Type
Residential
Property Style
Quadruplex
Architectural Style
Stories: 2
Subdivision
FIVE ACRE
County
Salt Lake
Zoning
Multi-Family
Construction
Clapboard
Lot Size
0.2 sq ft
Condition
Blt./Standing
MLS #
2135582
Property Type
Residential
Property Style
Quadruplex
Architectural Style
Stories: 2
Subdivision
FIVE ACRE
County
Salt Lake
Zoning
Multi-Family
Construction
Clapboard
Lot Size
0.2 sq ft
Condition
Blt./Standing
MLS #
2135582
List Price
$990,000
Annual Taxes
$6,104
Home Warranty
No
List Price
$990,000
Annual Taxes
$6,104
Home Warranty
No
Heating
Gas: Central
Roof
Asphalt
Flooring
Carpet,Tile,Vinyl
Materials
Clapboard
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Gas: Central
Roof
Asphalt
Flooring
Carpet,Tile,Vinyl
Materials
Clapboard
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Covered Spaces
0
Total Parking
4
Covered Spaces
0
Total Parking
4
Classification
Standard
Deal Score
10/100
vs Similar Homes
6% above
vs Market Median
49% above
Area Growth (YoY)
-1.4%
Deal Score Breakdown
10/100
Priced 6% above the median of similar listings
Priced 49% above the per-subtype city median
-1.4% year-over-year ZHVI growth in this area
LT net cashflow -$2,331/mo (-34.3% return on ownership cost) · STR net cashflow -$3,988/mo (-58.7% 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.
Monthly Rent
$5,077/mo
Range: $3,792 – $6,362
Net Monthly Cash Flow
−$2,330 /mo (−$27,963/yr)
Monthly rental income
Monthly ownership cost
Coverage
75%
Net /mo
−$2,331
DSCR
0.90
Est. Annual Revenue
$48,170/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$3,988 /mo (−$47,857/yr)
Monthly STR income
Monthly ownership cost
Coverage
59%
Net /mo
−$3,988
DSCR
0.57
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$585,000
+69% vs median
39 days
659
$175,000 – $7,995,000
$6,104
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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