1162 E 400 S, Salt Lake City, UT 84102

Local realty services provided by:Better Homes and Gardens Real Estate Momentum
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1162 E 400 S,Salt Lake City, UT 84102
$2,300,000
  • 16 Beds
  • 8 Baths
  • 9,563 sq. ft.
  • Multi-family
  • Active
Listed by:joseph mills
Office:investment realty advisors llc.
MLS#:2071896
Source:SL

Price summary

  • Price:$2,300,000
  • Price per sq. ft.:$240.51

About this home

**PRICE IMPROVEMENT** Don't miss this rare chance to own a large 8-plex in one of Salt Lake City's most desirable rental markets! Ideally located within 5 minutes walking distance to the University of Utah, near public transit, and downtown Salt Lake City, this property offers an unbeatable location for tenants. Each of the eight units boasts a spacious 1,100 sq. ft. layout featuring 2 bedrooms and 1 bathroom. With cosmetic renovation potential, there is a great opportunity to increase rents and maximize returns. No Seller Financing Available. Prior owner rented to students by the bed with four beds per two bedroom up to 32 beds. A buyer could explore going back to this option, and may be able to get around $600/bed x 32 = $19,200/mo x 12 = $230,400/yr. This option is not guaranteed but may be something to look into. Currently the units are rented individually, some by the room. All measurements are provided as a courtesy. Buyer to verify all information independently. Owner/Agent.

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Home facts

  • Year built:1973
  • Listing Id #:2071896
  • Added:147 day(s) ago
  • Updated:August 16, 2025 at 11:00 AM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:8
  • Living area:9,563 sq. ft.

Heating and cooling

  • Heating:Gas: Central

Structure and exterior

  • Roof:Membrane
  • Year built:1973
  • Building area:9,563 sq. ft.
  • Lot area:0.27 Acres

Schools

  • High school:East
  • Middle school:Bryant
  • Elementary school:Bennion (M Lynn)

Utilities

  • Water:Water Connected
  • Sewer:Sewer Connected, Sewer: Connected

Finances and disclosures

  • Price:$2,300,000
  • Price per sq. ft.:$240.51
  • Tax amount:$11,645

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