$10,000 Closing Credit¹
#2060583, Lezlee Gorey, Listing Office: Utah Real Estate Today
$10,000
closing credit¹
1488 S 400 E Unit 1-4 Salt Lake City, UT 84115
$1,148,000 List price
$10,000
Closing credit¹
8 beds
8 baths
3,960 sqft
0.2 acres
$290 / sqft
Multi-Family
Property details
About 1488 S 400 E Unit 1-4
Charming Fourplex in Prime Location! Discover this fantastic fourplex nestled in an amazing location right by Liberty Park, with easy access to downtown and Sugarhouse. This property boasts a high rental demand, making it a savvy investment opportunity! All units have been meticulously updated over the past 5-6 years, featuring new carpets, fresh paint, modern appliances, stylish lighting, and renovated bathrooms. Potential for Increased Cash Flow: Current rents are below market rates, offering a significant opportunity to boost your income by adjusting the rent. Tenants handle their own utilities, while the owner covers water, sewer, and garbage services. Each unit is designed in a townhouse style, 2 bedrooms, one bath each complete with a cozy backyard. End units boast larger back and side yards, potentially commanding higher rents. All units are currently tenant-occupied, ensuring immediate rental income. This property is a rare find with its desirable location, modern upgrades, and income potential. Don't miss out on this exceptional investment opportunity! Please Note that showings are available on Wednesdays from 5:00 PM -8:00 PM. and on the first and 3rd Saturdays of every month from 10 am-12 pm with at least 24 Hrs advanced Notice Thank you!
Highlights
Home typeQuadruplex
StatusActive
Size3,960 sqft
Lot size0.22 Acres
Year built1979
MLS #2011561
Summary
- MLS Number: 2011561
- MLS Name: UtahRealEstate.com
- Office Name: Century 21 Harman Realty
- Office Phone: (801) 224-2010
- Listing Agent: LUCY CHICO
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: 2/7/2025, 8:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,148,000
1488 S 400 E Unit 1-4
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
6
Whittier School
Public District PK-6
0.2 mi
•1600 S 300 E
8
Hawthorne School
Public District KG-6
0.5 mi
•1675 S 600 E
2
Liberty School
Public District PK-6
0.6 mi
•1090 S Roberta St
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 $34,853. Residents of Salt Lake City, UT typically earn less than $<35k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
50%
<35k
39%
35k-100k
11%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
53%
Single, No Kids
13%
Single, with Kids
17%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
6%
12-17 yrs old
35%
18-34 yrs old
38%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Popeyes
White Castle
Boston Market
What do the neighbors drive?
Nissan
Kia
Honda
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 1488 S 400 E Unit 1-4 in Salt Lake City, UT and zip code 84115 in the Whittier neighborhood. This 3,960 square foot home, which was built in 1979, sits on a 0.22 acre lot. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since July 15, 2024 and is currently priced at $1,148,000.
The inventory of homes for sale in Salt Lake City, UT between December and January 2025 increased by 47.7%. While the average time on the market in January 2025 was 85 days, the median list price was $584,213.
From Rocket Homes Real Estate and based on county public records data.