1150 S 400 E, Salt Lake City, UT, 84111
About This Home
An exceptional investment opportunity in the heart of Salt Lake City. This well-maintained fourplex delivers reliable, market-rate rental income with all units consistently leased - a true turn-key income property with a proven performance history. Recent capital improvements including electrical, plumbing, roof, and interior upgrades have positioned this asset for continued stability and minimal maintenance. Ideally located within walking distance to Liberty Park and just minutes from 9th & 9th, Salt Lake Community College, and public transportation, this property benefits from deep tenant demand and long-term rental durability. Additional highlights include excellent off-street parking, efficient unit layouts, and a coveted location that continues to attract quality renters drawn to convenience, walkability, and easy access to downtown amenities. A rare opportunity to acquire a stabilized, income-producing fourplex in one of Salt Lake City's most sought-after rental corridors.
Getting Around
Somewhat Walkable
Some Transit
Biker's ParadiseSchools
Construction
Condition
- Property condition: Blt./Standing
- Year built: 1910
Materials
- Roof: Asphalt
- Construction materials: Clapboard
Notable Dates
- Major remodel year: 2014
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex
Interior
Appliances
- Appliances included: Disposal,Free-Standing Range,Built In Dishwasher
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
Features
- Window features: Blinds,Stained Glass Windows
- Flooring: Carpet,Tile,Vinyl
Heating
- Heating features: Central
Interior Area
- Total structure area: 2,370
- Total interior livable area: 2,370 sqft
Property
Details
- Parcel number: 1607452049
- Attached to another structure: Yes
- Zoning: R-1-50
- Zoning description: Multi-Family
Features
- Levels: Two
- Has view: Yes
- View description: Mountain(s)
- Topography of land: Terrain
- Residential vegetation: Landscaping: Full
Lot
- Lot size: 8,712 sqft
- Features: Sprinkler: Auto-Full
- Lot size dimensions: 0.0 x 0.0 x 0.0
Parking
- Total spaces: 4
- Uncovered spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Utah Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,005 | $60,060 |
| Home Insurance | $243 | $2,916 |
| Property Taxes | $412 | $4,944 |
| Electricity | $169 | $2,039 |
| Total | $5,829 | $69,948 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-07 | Price change | $990,000 |
| 2026-04-22 | Price change | $1,131,000 |
| 2026-02-06 | Listed for sale | $1,190,000 |
| 2016-12-30 | Sold | -- |
For Sale by Agent
View on Zillow