1810 800, Salt Lake City, UT 84105
10BD/—BA Residential in Salt Lake City, UT 84105. 4,623 sqft. Built 1948. Listed at $1,200,000. MLS #2148560.
10BD/—BA Residential in Salt Lake City, UT 84105. 4,623 sqft. Built 1948. Listed at $1,200,000. MLS #2148560.
Current rent of $6,400/month with room to grow significantly. Rare opportunity to acquire a 4-unit income property in one of the area's most sought-after neighborhoods. Two units have already been renovated, with a clear path to maximize the remaining upside. The property started as a single family house with mother-in-law suite and later expanded with a 3-plex on the same lot. All 3 units are 2 bed/1 bath, main house is 4 bed 2 bath. Value Add: renovate the third unit, then repurpose the main house as a full 4 bed/2 bath rental. In a neighborhood where demand keeps vacancy virtually nonexistent. Owner-occupant and house-hack potential as well. *Agent is an owner of this property
Property Type
Residential
Property Style
Quadruplex
Architectural Style
Stories: 2
Subdivision
PARADISE ADD
County
Salt Lake
Zoning
Multi-Family
Lot Size
0.18 sq ft
Condition
Blt./Standing
MLS #
2148560
Property Type
Residential
Property Style
Quadruplex
Architectural Style
Stories: 2
Subdivision
PARADISE ADD
County
Salt Lake
Zoning
Multi-Family
Lot Size
0.18 sq ft
Condition
Blt./Standing
MLS #
2148560
List Price
$1,200,000
Original Price
$1,250,000
Annual Taxes
$4,900
Home Warranty
No
List Price
$1,200,000
Original Price
$1,250,000
Annual Taxes
$4,900
Home Warranty
No
Covered Spaces
4
Total Parking
4
Covered Spaces
4
Total Parking
4
Why this is a deal
Classification
Standard
Deal Score
72/100
vs Similar Homes
29% above
vs Market Median
12% below
Price Reduced
4.0%
Area Growth (YoY)
-0.9%
Deal Score Breakdown
72/100 · 1 qualifying signal
Priced 12% below the per-subtype city median
4% price reduction from original list — seller may be motivated
Priced 29% above the median of similar listings
-0.9% year-over-year ZHVI growth in this area
STR net cashflow -$3,165/mo (-39.6% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
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
$82,681/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$3,166 /mo (−$37,992/yr)
Monthly STR income
Monthly ownership cost
Coverage
86%
Net /mo
−$3,165
DSCR
0.81
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$570,000
+111% vs median
57 days
615
$184,000 – $7,995,000
$4,900
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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Salt Lake City Real Estate Broker Focused on Pricing, Positioning, and Results

Daryn Edmunds - High Road Properties

Devin Tanner - Utah Realtor
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