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Pending
  • $940,999

    563 S Denver St, Salt Lake City, UT 84111

    8beds
    4baths
    2,422sqft
    : 
    $5,966/mo
    Get pre-qualified
    Quadruplex
    Built in 1928
    -- sqft lot
    $906,500 Zestimate®
    $389/sqft
    $-- HOA

    What's special

    Updated interiorsSubstantial interior updatesFunctional layouts
    Discover a rare 4-plex investment opportunity in the heart of Salt Lake City, ideally located near downtown shopping, dining, entertainment, employment centers, and major public transportation routes. Extensively rebuilt and remodeled in 2023, the property offers the appeal of an established multifamily asset with substantial interior updates, including replaced plumbing and electrical systems throughout the units. Each unit is separately metered, helping simplify utility management for an investor. Units 1 and 4 feature mini-split heating and cooling systems and no gas appliances, while Units 2 and 3 are equipped with traditional central HVAC systems with gas heat. The current tenancy also provides flexibility for a new owner. Unit 1 is vacant and available for immediate viewing, creating an opportunity for an owner-occupant or for a new tenant to be placed at the buyer's discretion. Units 2 and 3 are currently occupied, with tenants anticipated to remain, and Unit 4 is currently vacant . This combination offers both existing rental income and flexibility moving forward. Updated interiors, functional layouts, separate metering, and a highly accessible Salt Lake City location make this a compelling addition to an investment portfolio. The property is currently professionally managed, with additional management and lease information available upon request. Please do not disturb tenants. Showings of the vacant unit may be scheduled through Aligned with verified appointments; additional access instructions will be provided as appropriate. Buyer to verify all rental information, lease terms, utilities, zoning/use, and property information to buyer's satisfaction. Square footage figures are provided as a courtesy estimate only; buyer is advised to obtain an independent measurement.
    6 days
    168
    9

    Zillow last checked:

    Listing updated:

    Listed by:

    Stephanie Aragon 435-830-4841,

    Signature Group Real Estate,

    Tristan Bills,

    Signature Group Real Estate

    Source: UtahRealEstate.com,MLS#: 2186996MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      Heating
      • Forced Air
      Features
      • Flooring: Vinyl
      • Has fireplace: No
      Interior area
      • Total structure area: 2,422
      • Total interior livable area: 2,422 sqft

      Property

      Lot
      • Size: 3,049 Square Feet
      Details
      • Parcel number: 1606455016
      • Zoning: RMF-45
      • Zoning description: Multi-Family

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Up And Down
      • Property subtype: Quadruplex
      • Attached to another structure: Yes
      Materials
      • Brick
      • Roof: Asphalt
      Condition
      • Blt./Standing
      • New construction: No
      • Year built: 1928
      • Major remodel year: 1980

      Utilities & green energy

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

      Community & HOA

      Community
      • Subdivision: Plat B
      HOA
      • Has HOA: No
      Location
      • Region: Salt Lake City

      Financial & listing details

      • Price per square foot: $389/sqft
      • Tax assessed value: $1,229,500
      • Annual tax amount: $6,249
      • Date on market: 8/5/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Acres allowed for irrigation: 0
      • Electric utility on property: Yes

        Estimated market value

        $906,500

        $861,000 - $952,000

        $1,614/mo

        Price history

        DateEventPrice
        9/27/2026Pending sale$940,999$389/sqft
        Source: UtahRealEstate.com #2186996 Report a problem
        9/23/2026Listed for sale$940,999-21.6%$389/sqft
        Source: UtahRealEstate.com #2186996 Report a problem
        11/15/2025Listed for sale$1,200,000-4%$495/sqft
        Source: UtahRealEstate.com #2123122 Report a problem
        5/30/2023Sold--
        Source: Agent Provided Report a problem
        5/4/2023Pending sale$1,250,000$516/sqft
        Source: UtahRealEstate.com #1867639 Report a problem
        4/16/2023Price change$1,250,000-2%$516/sqft
        Source: UtahRealEstate.com #1867639 Report a problem
        3/22/2023Listed for sale$1,275,000$526/sqft
        Source: UtahRealEstate.com #1867639 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,248 +15.3%$676,225 +18.9%
        2024$5,419 +45.9%$568,645 +51.4%
        2023$3,714 +2.8%$375,705 +9.6%
        2022$3,612 +16.3%$342,815 +28.4%
        2021$3,106 -2.3%$266,915 +2.7%
        2020$3,178 +1%$259,930 +7.4%
        2019$3,146 +15.5%$242,110 +26.6%
        2018$2,723 +6.7%$191,180 -42.3%
        2017$2,551 -1.7%$331,300 +6.3%
        2016$2,596 +0.9%$311,800 +14.1%
        2015$2,573 +8.2%$273,200 +3.3%
        2014$2,378 $264,500 +41.5%
        2002-- $186,900 -3.6%
        2001-- $193,800
        2000-- $193,800
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Central City

        Getting around

        86 / 100
        Very Walkable
        62 / 100
        Good Transit
        97 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Bennion (M Lynn)
        • Middle: Bryant
        • High: Highland
        • 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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