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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.

Agent 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.

Key Features

  • Built in 1973
  • 0.27 acre lot
  • 3 stories
  • 12 parking spaces

Property Details

3 stories
8 full
12 spaces
1973

Monthly Cost Estimate

$12,301/mo

20% down · 6.5% · 30 years

Principal$1,663
Interest$9,967
Insurance$671

Estimates only. Actual payments may vary.

Location

1162 E 400 S

Salt Lake City, UT 84102

PLAT F

Features & Amenities

Interior Features

DisposalRange/Oven: Free Stdng.

Property Details

Flooring

VinylLaminateCarpet

Construction

Brick

Parking

Covered

Heating

Natural GasCentral

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 $9,967 based on 20% down at 6.5% interest.

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 and can be reached at 8016945291 or porter@iraut.com.

PC

Porter Criddle

Agent at Investment Realty Advisors LLC

(801) 694-5291

Listed by Investment Realty Advisors LLC · View on Broker Site

MLS# 2155284· Source: listhub· Updated 28 days ago

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1162 E 400 S, Salt Lake City, UT 84102

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