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Emily Hayes

CEO Emily Hayes Homes | Emily Hayes Homes | Keller Williams | PLACE

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1162 E 400 S , Salt Lake City, UT 84102
$2,300,000
Est. Payment: $5,111.11/mo
16 Bed
8 Bath
9563 Sqft
Status: Active | Days on site: 135
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69369 - 99739,72723
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House Description

Rare opportunity to acquire a large-unit 8-plex steps from the University of Utah. Each of the eight units offers approximately 1,100 square feet with a 2-bedroom / 1-bathroom layout, an ideal configuration for both traditional leasing and student-oriented rental models. Strong location within walking distance to campus, transit, and downtown Salt Lake City supports consistent tenant demand. The property offers cosmetic value-add potential and operational upside through rental strategy improvements. Historically operated under multiple leasing structures, providing flexibility for investors to optimize income (buyer to verify). Owner/Agent.

Highlights

Listed by Porter Criddle , 801-694-5291 and Joseph Mills , 801-971-2542 Investment Realty Advisors LLC , 435-485-7070.

Property Type

Multi-Family

Lot/Acreage
0.27

Year Built

1973

County

Salt Lake

Area

Salt Lake City; So. Salt Lake

Neighborhood

Plat F

School District

Salt Lake

Listing ID

2155284

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:16
  • Bathrooms:8
  • Full Bathrooms:
Floor:Carpet,Laminate,Vinyl
Other:
  • Range/Oven:Free Stdng.
  • Additional:Disposal

Exterior Features

Lot:Sidewalks,Sprinkler: Auto-Full,View: Mountain
Lot Dimensions:0.0x0.0x0.0
Garage Capacity:12
Zoning:R-2
Roof:Membrane
Others:
  • Additional:Blt./Standing
Sewer:Sewer: Connected
Parking Features:Covered
Principal Interest
$5,111
Taxes
$1,014

Home Price

$2,300,000

Loan Details

30 yrs
%

Down Payment

20%
$460,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,111.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,111.11 $1,013.67 $0.00 $6,124.78
Yearly $61,333.33 $12,164.00 $0.00 $73,497.33
Total $1,840,000.00 $364,920.00 $0.00 $2,204,920.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Salt Lake City, UT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.