Fantastic Sugarhouse location on the corner of 500 East and Downington Ave. Quiet, convenient, and always generates tremendous interest when a "For Rent" sign is posted in the yard. Make the most of the strong rental market, take advantage of the depreciation to help with your taxes, and get the best bang for your buck in your financing. Just a few great reasons to invest in fourplexes and why so few are being listed for sale. This one has a newer roof, newer boiler, newer swamp coolers, new gutters, and inside there have been upgrades like new carpet and appliances in some of the units. Three of the units are 2 bedroom, 1 bathroom, and there is a 1 bedroom, 1 bathroom unit. Shared coin-op laundry, shared exterior storage space, and three 1 car garages to provide ample off-street parking. Professionally managed and in great condition, but ready for turn-key, worry-free ownership for the weekend landlord. Call for rental revenue. Offers to be made subject to inspection.
Sold
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Price Unknown
1823 S 500 E, Salt Lake City, UT 84105
7beds
3,268sqft
MultiFamily
Built in 1950
-- sqft lot
$1,036,300 Zestimate®
$--/sqft
$2,930 Estimated rent
Home value
$1,036,300
$943,000 - $1.15M
$2,930/mo
Zestimate® history
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Radiant, Gas
Appliances
- Included: Dishwasher, Dryer, Garbage disposal, Range / Oven, Refrigerator, Washer
Features
- Flooring: Tile, Carpet, Linoleum / Vinyl
Interior area
- Total interior livable area: 3,268 sqft
Property
Parking
- Parking features: Garage - Detached
Features
- Exterior features: Brick
- Has view: Yes
- View description: Mountain
Lot
- Size: 6,969 Square Feet
Details
- Parcel number: 16184270130000
Construction
Type & style
- Home type: MultiFamily
Materials
- brick
- Roof: Asphalt
Condition
- Year built: 1950
Community & HOA
Location
- Region: Salt Lake City
Financial & listing details
- Tax assessed value: $1,002,700
- Annual tax amount: $5,096
Price history
| Date | Event | Price |
|---|---|---|
| 7/12/2024 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 6/13/2024 | Pending sale | $1,049,000$321/sqft |
Source:  UtahRealEstate.com #2000758 Report a problem | ||
| 5/23/2024 | Listed for sale | $1,049,000$321/sqft |
Source: UtahRealEstate.com #2000758 Report a problem | ||
| 11/25/2015 | Sold | -- |
Source:  PCBR #11502518 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,096 -8.2% | $551,485 -5.3% |
| 2024 | $5,550 -0.4% | $582,450 +3.3% |
| 2023 | $5,572 +5.3% | $563,640 +12.2% |
| 2022 | $5,293 +9.9% | $502,370 +21.3% |
| 2021 | $4,818 +1.6% | $413,985 +6.8% |
| 2020 | $4,740 +6.5% | $387,695 +13.2% |
| 2019 | $4,452 +22% | $342,540 +33.7% |
| 2018 | $3,649 +6.7% | $256,190 -45.2% |
| 2017 | $3,419 -6.7% | $467,700 +21.4% |
| 2016 | $3,664 +15.2% | $385,400 +12.4% |
| 2015 | $3,180 +6.5% | $342,900 +13.7% |
| 2014 | $2,985 | $301,600 +11.2% |
| 2013 | -- | $271,300 +31.4% |
| 2002 | -- | $206,500 |
| 2001 | -- | $206,500 |
| 2000 | -- | $206,500 |
Find assessor info on the county website
Neighborhood: Liberty Wells
Nearby homes
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- $--3 bd2 ba2.4k sqft521 E Downington Ave, Salt Lake City, UT 84105Sold
Nearby schools
GreatSchools rating
- 8/10Whittier SchoolGrades: PK-6Distance: 0.5 mi
- 9/10Clayton Middle SchoolGrades: 7-8Distance: 2.1 mi
- 6/10Highland High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Hawthorne
- Middle: Clayton
- High: Highland
- District: Salt Lake
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,036,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,036,300
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