About This Home
This 16-bedroom, 8-bathroom residential multi family at 1162 E 400 S in Salt Lake City, UT is listed for $2,300,000 ($241 per sqft). Built in 1973, the home offers 9,563 sqft of living space on a 0.27 acres lot.
Key Features
- Built in 1973
- 0.27 acre lot
- 3 stories
- 12 parking spaces
Property Details
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.
Monthly Cost Estimate
$12,301/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1162 E 400 S
Salt Lake City, UT 84102
PLAT F
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Parking
Heating
Questions & Answers
This 16-bedroom, 8-bathroom residential multi family at 1162 E 400 S is listed at $2,300,000 ($241/sqft). The estimated monthly payment is $12,301 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1973, 0.27 acre lot, 3 stories, 12 parking spaces. Interior Features: Disposal, Range/Oven: Free Stdng..
This property is listed by Porter Criddle.
Porter Criddle
Agent at Investment Realty Advisors, LLC
