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1805 W 500 N, Salt Lake City, UT, 84116

8beds
4baths
3,584sqft
$829,000
$231price/sqft
$5,245/moest. monthly cost
$209,800/yrincome needed

About This Home

Great investment opportunity in Salt Lake City's west-side near the North Temple corridor, an area seeing strong redevelopment, TRAX access, and continued appreciation. Convenient location with easy access to downtown, the airport, and major freeways. Property features include: Four 2 bed / 1 bath units with strong rental demand and consistent occupancy 2022 updates including exterior paint, new railings, doors, lighting, flooring, and appliances Additional value-add potential with opportunity to increase rents approximately 15% through further interior upgrades and repositioning Quiet street with mature trees Utilities = ~$210 / month average Trash = $148 / month (shared with 2 other buildings) Seller owns two additional fourplexes next door and is open to selling individually or together. Rare opportunity to acquire one, two, or all three properties for scale, management efficiency, and portfolio financing. Strong asset in a growing area with upside.

Getting Around

51
WalkingSomewhat Walkable
49
TransitSome Transit
70
BikeVery Bikeable

Schools

5/10
Meadowlark SchoolGrades PK-60.1 mi
6/10
Northwest Middle SchoolGrades 7-81.8 mi
5/10
West High SchoolGrades 7-122.2 mi

Construction

Condition

  • Property condition: Blt./Standing
  • Year built: 1973

Materials

  • Roof: Asphalt
  • Construction materials: Brick

Notable Dates

  • Major remodel year: 1990

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Appliances

  • Appliances included: Free-Standing Range
  • Laundry features: Electric Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4

Features

  • Window features: Blinds
  • Flooring: Carpet,Laminate

Heating

  • Heating features: Forced Air,Central

Interior Area

  • Total structure area: 3,584
  • Total interior livable area: 3,584 sqft

Property

Details

  • Parcel number: 0834177001
  • Attached to another structure: Yes
  • Zoning: R15000
  • Zoning description: Multi-Family

Features

  • Has view: Yes
  • View description: Mountain(s)
  • Topography of land: Terrain
  • Residential vegetation: Landscaping: Full,Mature Trees

Lot

  • Lot size: 8,712 sqft
  • Features: Corner Lot,Cul-De-Sac,Curb & Gutter,Sprinkler: Auto-Full
  • Lot size dimensions: 0.0 x 0.0 x 0.0

Parking

  • Total spaces: 8
  • Parking features: Open
  • Has uncovered spaces: Yes
  • Uncovered spaces: 8