1794 400, Salt Lake City, UT 84116
8BD/—BA Residential in Salt Lake City, UT 84116. 3,584 sqft. Built 1973. Listed at $900,000. MLS #2135892.
8BD/—BA Residential in Salt Lake City, UT 84116. 3,584 sqft. Built 1973. Listed at $900,000. MLS #2135892.
Cap rate is 6.8%, well above the average for SLC of 5.6%. Prime Investment Opportunity In North Salt Lake! 2-bed/1-Bath Units. ALL UNITS RENTED, 12 month leases AT $1,500 PER MONTH! New Roof! New Carpet! New Paint! In-Unit Washer/Dryer Hook-Ups, Washers/Dryers (for 3 units), Fridges included. Just 100 feet from a park. Located Within Walking Distance To Shopping, Dining, Parks, And Recreation, Plus Just Minutes To Freeway Access & Downtown Salt Lake City. Strong Rental Potential In A High-Demand Area Makes This An Excellent Addition To Any Portfolio. Off street parking. No sign on the property. All information is deemed reliable but not guaranteed. Buyers should conduct their own due diligence. Serious buyers only. No showings without accepted offer. Do not disturb tenants. Agent related to seller. SEE AGENT REMARKS FOR SHOWING/OFFER INSTRUCTIONS.
Property Type
Residential
Property Style
Quadruplex
Architectural Style
Up And Down
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.2 sq ft
Condition
Blt./Standing
MLS #
2135892
Property Type
Residential
Property Style
Quadruplex
Architectural Style
Up And Down
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.2 sq ft
Condition
Blt./Standing
MLS #
2135892
List Price
$900,000
Original Price
$824,900
Annual Taxes
$3,652
Home Warranty
No
List Price
$900,000
Original Price
$824,900
Annual Taxes
$3,652
Home Warranty
No
Heating
Gas: Central
Roof
Membrane
Flooring
Carpet,Laminate,Tile
Materials
Brick
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Gas: Central
Roof
Membrane
Flooring
Carpet,Laminate,Tile
Materials
Brick
Water Source
Culinary
Sewer
Sewer: Connected
Covered Spaces
0
Total Parking
0
Covered Spaces
0
Total Parking
0
Classification
Standard
Deal Score
45/100
vs Similar Homes
9% above
vs Market Median
33% above
Area Growth (YoY)
4.2%
Deal Score Breakdown
45/100
4.2% year-over-year ZHVI growth in this area
Priced 9% above the median of similar listings
Priced 33% above the per-subtype city median
STR net cashflow -$3,636/mo (-60.0% 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.
Why this classification
Est. Annual Revenue
$41,555/yr
$154/night · 54% occupancy · $58/bedroom · $0.09/sqft
Net Monthly Cash Flow
−$3,635 /mo (−$43,621/yr)
Monthly STR income
Monthly ownership cost
Coverage
57%
Net /mo
−$3,636
DSCR
0.53
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$575,000
+57% vs median
55 days
621
$184,000 – $7,995,000
$3,652
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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