850 REDWOOD, Salt Lake City, UT 84116
4BD/—BA Residential in Salt Lake City, UT 84116. 2,190 sqft. Built 1955. Listed at $799,900. MLS #2156970.
4BD/—BA Residential in Salt Lake City, UT 84116. 2,190 sqft. Built 1955. Listed at $799,900. MLS #2156970.
An amazing investment opportunity. This 8 plex has 2 tax id's. You can purchase using a conventional loan per 4 plex. No need for commercial loan! Lot size in total .45 They cannot be sold separately, there is one water and sewer line for the 2 complexes. Unit 1-4 roof is new 2012, unit 5-8 new roof 2021, All units have new furnaces, and mini split A/C, new PEX water service per unit 2015. All units have been reconditioned and have hookups for washer and dryer. Do not disturb tenants make offer subject to inspection. Seller is willing to offer short term (12 months) seller financing with a strong offer.
Property Type
Residential
Property Style
Quadruplex
Architectural Style
Stories: 1
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.19 sq ft
Condition
Blt./Standing
MLS #
2156970
Property Type
Residential
Property Style
Quadruplex
Architectural Style
Stories: 1
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.19 sq ft
Condition
Blt./Standing
MLS #
2156970
List Price
$799,900
Annual Taxes
$2,781
Home Warranty
No
List Price
$799,900
Annual Taxes
$2,781
Home Warranty
No
Heating
Forced Air,Gas: Central
Roof
Membrane
Flooring
Carpet,Tile
Materials
Brick
Laundry
Gas Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Forced Air,Gas: Central
Roof
Membrane
Flooring
Carpet,Tile
Materials
Brick
Laundry
Gas Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Covered Spaces
0
Total Parking
6
Covered Spaces
0
Total Parking
6
Classification
Standard
Deal Score
50/100
vs Similar Homes
4% below
vs Market Median
57% above
Area Growth (YoY)
3.9%
Deal Score Breakdown
50/100
Priced 4% below the median of similar listings
3.9% year-over-year ZHVI growth in this area
Priced 57% above the per-subtype city median
STR net cashflow -$3,980/mo (-74.4% 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
$23,435/yr
$154/night · 54% occupancy · $58/bedroom · $0.09/sqft
Net Monthly Cash Flow
−$3,980 /mo (−$47,764/yr)
Monthly STR income
Monthly ownership cost
Coverage
37%
Net /mo
−$3,980
DSCR
0.34
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
10
Available Providers
$575,000
+39% vs median
55 days
621
$184,000 – $7,995,000
$2,781
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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