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For sale
  • $2,300,000

    1162 E 400 S, Salt Lake City, UT 84102

    16beds
    8baths
    9,563sqft
    : 
    $13,935/mo
    Get pre-qualified
    Multi Family
    Built in 1973
    -- sqft lot
    $-- Zestimate®
    $241/sqft
    $-- HOA

    What's special

    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.
    96 days
    |
    109
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Porter Criddle 801-694-5291,

    Investment Realty Advisors LLC,

    Joseph Mills 801-971-2542,

    Investment Realty Advisors LLC

    Source: UtahRealEstate.com,MLS#: 2155284MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 16
      • Bathrooms: 8
      Heating
      • Central
      Appliances
      • Included: Disposal, Free-Standing Range
      Features
      • Flooring: Carpet, Laminate, Vinyl
      • Windows: Blinds
      • Has fireplace: No
      Interior area
      • Total structure area: 9,563
      • Total interior livable area: 9,563 sqft

      Property

      Parking
      • Total spaces: 12
      • Parking features: Covered
      • Garage spaces: 2
      • Carport spaces: 8
      • Covered spaces: 10
      • Uncovered spaces: 2
      Features
      • Levels: Three Or More
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 0.27 Acres
      • Features: Sprinkler: Auto-Full
      • Topography: Terrain
      • Residential vegetation: Landscaping: Full
      Details
      • Parcel number: 1605408055
      • Zoning: R-2
      • Zoning description: Multi-Family

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick
      • Roof: Membrane
      Condition
      • Blt./Standing
      • New construction: No
      • Year built: 1973

      Utilities & green energy

      • Utilities for property: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Sidewalks
      • Subdivision: Plat F
      HOA
      • Has HOA: No
      Location
      • Region: Salt Lake City

      Financial & listing details

      • Price per square foot: $241/sqft
      • Annual tax amount: $12,164
      • Date on market: 5/4/2026
      • Listing terms: Cash,Conventional,1031 Exchange
      • Acres allowed for irrigation: 0
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,433/mo

        Price history

        DateEventPrice
        5/4/2026Listed for sale$2,300,000$241/sqft
        Source: UtahRealEstate.com #2155284 Report a problem
        1/1/2026Listing removed$2,300,000$241/sqft
        Source: UtahRealEstate.com #2071896 Report a problem
        5/14/2025Price change$2,300,000-8%$241/sqft
        Source: UtahRealEstate.com #2071896 Report a problem
        4/24/2025Price change$2,500,000-7.4%$261/sqft
        Source: UtahRealEstate.com #2071896 Report a problem
        4/7/2025Price change$2,700,000-6.9%$282/sqft
        Source: UtahRealEstate.com #2071896 Report a problem
        3/21/2025Listed for sale$2,900,000$303/sqft
        Source: UtahRealEstate.com #2071896 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: East Central

        Getting around

        66 / 100
        Somewhat Walkable
        60 / 100
        Good Transit
        84 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Bennion (M Lynn)
        • Middle: Bryant
        • High: East
        • District: Salt Lake

        Source: UtahRealEstate.com. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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