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1162 E 400 S Salt Lake City, UT 84102
Listing Courtesy of: UTAH REAL ESTATE / Investment Realty Advisors LLC

  1162 E 400 S Salt Lake City, UT 84102

Active (181 Days)
$2,300,000
16
BED
8
BATH
9,563
SQFT

Description

**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.

MLS #:
2071896
Taxes
$11,645
Lot Size
0.27 acres
Type
Single-Family Home
Year Built
1973
Views
True
School District
Salt Lake
County
Salt Lake County
Community
Plat F

Listed By

Joseph Mills, Investment Realty Advisors LLC
Source
UTAH REAL ESTATE
Last checked Sep 19 2025 at 12:31 AM MDT
Bathroom Details
Interior Features
  • Disposal
  • Range/Oven: Free Stdng.
  • Windows: Blinds
Subdivision
  • Plat F
Lot Information
  • Sidewalks
  • Sprinkler: Auto-Full
  • View: Mountain
  • Vegetation: Landscaping: Full
Property Features
  • Terrain
  • Sidewalks
  • Flat
  • Sprinkler: Auto-Full
  • View: Mountain
Heating and Cooling
  • Gas: Central
Flooring
  • Carpet
  • Laminate
  • Vinyl
Exterior Features
  • Roof: Membrane
Utility Information
  • Utilities: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
  • Sewer: Sewer: Connected
School Information
  • Elementary School: Bennion (M Lynn)
  • Middle School: Bryant
  • High School: East
Garage
  • Garage
Parking
  • Covered
Stories
  • 0
Living Area
  • 9,563 sqft
Powered by Walk Score®

Listing Price History

Date
Event
Price
% Change
$ (+/-)
May 14, 2025
Price Changed
$2,300,000
-8%
-200,000
Apr 24, 2025
Price Changed
$2,500,000
-7%
-200,000
Apr 07, 2025
Price Changed
$2,700,000
-7%
-200,000
Mar 21, 2025
Original Price
$2,900,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2025 Utah Real Estate MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 9/18/25 17:31