Exceptional Four-Plex Investment Opportunity in the Heart of Midvale Don't miss this outstanding opportunity to own a well-maintained four-unit apartment building in the heart of Midvale, offering stable rental income and an unbeatable central location. All four units have been consistently occupied for the past 3 years, making this an ideal turnkey investment for both seasoned and first-time investors. Each spacious unit offers approximately 900 square feet of comfortable living space and features two bedrooms and one full bathroom. Interiors include a combination of carpet, tile, and luxury vinyl flooring, central air conditioning (updated approximately two years ago), washer and dryer hookups, private storage closets, and two dedicated off-street parking spaces per unit. Each apartment also comes equipped with a refrigerator, range, and oven. The furnaces and water heaters have been updated within the last few years, providing added value and peace of mind. NEW ROOF and BLINDS Residents enjoy a welcoming shared outdoor space featuring a fully fenced yard, mature shade trees, lush grass, and a patio area-perfect for relaxing or gathering outdoors. One of this property's greatest advantages is its exceptional location. Conveniently situated just minutes from I-15 and I-215, commuting throughout the Salt Lake Valley is quick and easy. Outdoor enthusiasts will appreciate immediate access to the scenic Jordan River Parkway Trail, offering miles of walking, running, and biking paths. Midvale City Park is just down the street and provides playgrounds, sports fields, picnic areas, and open green space. The property is also close to a wide variety of shopping, dining, and entertainment options, including Fashion Place Mall, Topgolf, Gardner Village, restaurants, grocery stores, coffee shops, and everyday conveniences. Nearby TRAX light rail stations and public transportation make commuting even more accessible. The area is served by schools, medical facilities, fitness centers, and numerous local businesses, enhancing its appeal to long-term tenants. This is a rare opportunity to acquire a strong income-producing property in one of Salt Lake County's most convenient and desirable rental markets. AIRBNB Investment Alert! Positive CASH Flow. Upon request, the Airbnb P&L statement will be made available. ALL THE THREE UNITS ARE FURNISHED! Please contact the listing agent for detailed income and expense information, rent history, and additional property details. Information provided is deemed reliable but is not guaranteed. Buyers and buyers' agents are encouraged to verify all information independently.
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Zillow last checked:
Listing updated:
Listed by:
Gautam B. Gudaganatti801-604-6038,
Equity Real Estate (South Valley)
Source: UtahRealEstate.com,MLS#: 2171517
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Heating
Forced Air
Appliances
Laundry: Electric Dryer Hookup
Features
Flooring: Tile
Windows: Blinds, Window Coverings, Double Pane Windows
Has fireplace: No
Interior area
Total structure area: 3,600
Total interior livable area: 3,600 sqft
Property
Parking
Total spaces: 8
Uncovered spaces: 8
Features
Levels: Two
Patio & porch: Porch, Open Porch
Fencing: Full
Frontage length: 112
Lot
Size: 9,583 Square Feet
Dimensions: 112.0 x 115.0 x 94.0
Features: Corner Lot
Residential vegetation: Landscaping: Full
Details
Additional structures: Storage Shed(s)
Parcel number: 2136304006
Zoning: RM-12
Zoning description: Multi-Family, Short Term Rental Allowed
Construction
Type & style
Home type: MultiFamily
Property subtype: Quadruplex
Attached to another structure: Yes
Materials
Roof: Asphalt
Condition
Blt./Standing
New construction: No
Year built: 1977
Major remodel year: 1998
Utilities & green energy
Water: Culinary, Irrigation
Utilities for property: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
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Source: UtahRealEstate.com. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.