2330 HERITAGE, Salt Lake City, UT 84109
8BD/—BA Residential in Salt Lake City, UT 84109. 3,136 sqft. Built 1949. Listed at $1,000,000. MLS #2164420.
8BD/—BA Residential in Salt Lake City, UT 84109. 3,136 sqft. Built 1949. Listed at $1,000,000. MLS #2164420.
Huge Price Improvement! Opportunities like this don't come around often! This updated 4-plex is perfectly positioned in one of the most sought-after areas of the valley, making it an ideal addition to any investment portfolio. With updated kitchens, fresh paint, and new carpet, much of the heavy lifting has already been done. Location is everything, and this property delivers. Situated directly across from Tanner Park and just seconds from freeway access, tenants will love having hiking and biking trails, parks, restaurants, shopping, and entertainment all within minutes. It's the perfect blend of outdoor recreation, convenience, and accessibility. Whether you're a seasoned investor or looking to break into multifamily ownership, this property offers strong rental appeal in a location that continues to be in high demand. Clean, updated, and exceptionally well-located-this is an investment opportunity you won't want to miss. Agent is related to the seller. Buyer and buyers agent to verify all.
Property Type
Residential
Property Style
Quadruplex
Architectural Style
Stories: 2
Subdivision
RADIUS CURVE
County
Salt Lake
Zoning
Multi-Family
Lot Size
0.21 sq ft
Condition
Blt./Standing
MLS #
2164420
Property Type
Residential
Property Style
Quadruplex
Architectural Style
Stories: 2
Subdivision
RADIUS CURVE
County
Salt Lake
Zoning
Multi-Family
Lot Size
0.21 sq ft
Condition
Blt./Standing
MLS #
2164420
List Price
$1,000,000
Original Price
$1,300,000
Annual Taxes
$6,125
Home Warranty
No
List Price
$1,000,000
Original Price
$1,300,000
Annual Taxes
$6,125
Home Warranty
No
Heating
Gas: Central
Roof
Asphalt,Pitched
Flooring
Carpet,Laminate,Tile
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Gas: Central
Roof
Asphalt,Pitched
Flooring
Carpet,Laminate,Tile
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Covered Spaces
0
Total Parking
7
Covered Spaces
0
Total Parking
7
Why this is a deal
Classification
Standard
Deal Score
100/100
vs Market Median
4% above
Price Reduced
23.1%
Area Growth (YoY)
0.2%
Deal Score Breakdown
100/100 · 1 qualifying signal
23% price reduction from original list — seller may be motivated
LT net cashflow -$386/mo (-5.6% return on ownership cost) · STR net cashflow -$2,477/mo (-36.1% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 4% above the per-subtype city median
0.2% year-over-year ZHVI growth in this area
Not enough comparable listings
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
Monthly Rent
$7,360/mo
Range: $5,880 – $8,841
Net Monthly Cash Flow
−$387 /mo (−$4,638/yr)
Monthly rental income
Monthly ownership cost
Coverage
107%
Net /mo
−$386
DSCR
1.29
Est. Annual Revenue
$75,191/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$2,477 /mo (−$29,719/yr)
Monthly STR income
Monthly ownership cost
Coverage
91%
Net /mo
−$2,477
DSCR
0.87
$587,500
+70% vs median
39 days
660
$175,000 – $7,995,000
$6,125
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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