3139 300, South Salt Lake, UT 84115
8BD/—BA Residential in South Salt Lake, UT 84115. 4,160 sqft. Built 1959. Listed at $1,550,000. MLS #2104448.
8BD/—BA Residential in South Salt Lake, UT 84115. 4,160 sqft. Built 1959. Listed at $1,550,000. MLS #2104448.
An exceptional investment opportunity awaits at 3139 South 300 East, Salt Lake City. This fully-renovated 8-unit multifamily complex consists of two side-by-side fourplexes, making it a prime asset for any investor's portfolio. Seven of the eight units have been completely renovated with modern upgrades, including new flooring, stainless steel appliances, and updated fixtures. Each unit is a highly efficient 520 square foot, 1-bedroom, 1-bathroom layout, appealing to a wide range of renters. One unit remains to be renovated, providing a clear value-add opportunity to further increase income. This property is a turnkey asset in a thriving market, offering immediate cash flow and strong appreciation potential. Located in a desirable Salt Lake City neighborhood with excellent access to public transit and downtown, it promises high demand and low vacancy rates. This is a rare chance to acquire a stabilized, high-quality asset with built-in growth potential. This property is currently professionally managed by Logic Property Management.
Property Type
Residential
Property Style
> 4 Units
Subdivision
PLAT A BIG FIELD SUR
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.33 sq ft
Condition
Blt./Standing
MLS #
2104448
Property Type
Residential
Property Style
> 4 Units
Subdivision
PLAT A BIG FIELD SUR
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.33 sq ft
Condition
Blt./Standing
MLS #
2104448
List Price
$1,550,000
Annual Taxes
$7,244
Home Warranty
No
List Price
$1,550,000
Annual Taxes
$7,244
Home Warranty
No
Heating
Electric
Roof
Asphalt
Materials
Brick
Water Source
Culinary
Heating
Electric
Roof
Asphalt
Materials
Brick
Water Source
Culinary
Covered Spaces
0
Total Parking
10
Covered Spaces
0
Total Parking
10
Elementary
Woodrow WilsonMiddle School
Granite ParkHigh School
CottonwoodSchool District
Granite
$472,340
+228% vs median
64 days
33
$190,700 – $715,000
$7,244
High Crime
29.1
per 1,000
89.6
per 1,000
61.5
per 1,000
180.2
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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