$10,000 Closing Credit¹
#2052155, Rachel Wray Eliason, Listing Office: KW Utah Realtors Keller Williams
$10,000
closing credit¹
1064 E 500 S Salt Lake City, UT 84102
$1,200,000 List price
$10,000
Closing credit¹
7 beds
4 baths
3,601 sqft
0.3 acres
$333 / sqft
Multi-Family
Property details
About 1064 E 500 S
This high-demand 4-Plex is ideally situated near the University of Utah and downtown Salt Lake City, making it a strong investment with excellent occupancy and income potential. Property Highlights: Reliable Radiant Heat System The property features a boiler system with baseboard radiant heat, providing cleaner, more efficient heating for tenants. One unit has a swamp cooler, some have window coolers. Some window coolers are tenant owned. Spacious Shared Yard & Ample Parking A tenant-friendly yard in the rear offers outdoor space, while plentiful parking includes both open spaces and a detached 4-car garage for additional revenue opportunities. All details provided by the seller are deemed reliable, but buyers should verify all information independently. Tenant Privacy Notice: showings will be given with advanced notice and cannot be guaranteed until an accepted offer is in place. Opportunities like this don't last long! This prime investment property is in a highly desirable location with strong rental demand. Act fast before it's gone! This property may also be available as part of a package with MLS#2064797
Highlights
Home typeQuadruplex
HeatingElectric, Hot Water
StatusActive
Size3,601 sqft
Lot size0.29 Acres
Year built1948
MLS #2064798
Garage4 spaces
ViewMountain(s)
Summary
- MLS Number: 2064798
- MLS Name: UtahRealEstate.com
- Office Name: Lead Realty, LLC
- Office Phone: (801) 898-9505
- Listing Agent: Megan Beal
Based on information from UtahRealEstate.com All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable but not guaranteed accurate. The compilation of listings and each individual listing are Copyright © 2025 UtahRealEstate.com All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/16/2025, 2:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,200,000
1064 E 500 S
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,151,000 | $6,032 |
| 2023 | $1,295,600 | $7,044 |
| 2022 | $1,184,500 | $6,864 |
| 2021 | $698,800 | $4,472 |
History based on county public records data.
Nearby schools
9
Wasatch School
Public District KG-6
0.8 mi
•30 R St
8
Emerson School
Public District KG-6
1.2 mi
•1017 E 1370 S
8
Uintah School
Public District KG-6
1.3 mi
•1571 E 1300 S
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $41,691. The majority of Salt Lake City, UT residents have income less than $<35k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
43%
<35k
42%
35k-100k
12%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
74%
Single, No Kids
4%
Single, with Kids
14%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
2%
12-17 yrs old
64%
18-34 yrs old
21%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Tennis
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Crate & Barrel
Banana Republic
Where do the neighbors go to eat?
Chipotle
Starbucks
Jack In The Box
What do the neighbors drive?
Volkswagen
BMW
Toyota
What do the neighbors listen to?
Rhythmic Contemporary Hits
News
Jazz
All data provided by Home Junction and Claritas
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This home is located at 1064 E 500 S in Salt Lake City, UT and zip code 84102 in the East Central neighborhood. This 3,601 square foot home, which was built in 1948, sits on a 0.29 acre lot. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 15, 2025 and is currently priced at $1,200,000.
Between December and January 2025, Salt Lake City, UT real estate market has seen increase in the number of listings by 47.7%. In January 2025 median list price was $584,213 and the average listing age was 85 days.
From Rocket Homes Real Estate and based on county public records data.