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.
Pending
$940,999
563 S Denver St, Salt Lake City, UT 84111
8beds
4baths
2,422sqft
Quadruplex
Built in 1928
-- sqft lot
$906,500 Zestimate®
$389/sqft
$-- HOA
What's special
Updated interiorsSubstantial interior updatesFunctional layouts
- 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#: 2186996
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
| Date | Event | Price |
|---|---|---|
| 9/27/2026 | Pending sale | $940,999$389/sqft |
Source: | ||
| 9/23/2026 | Listed for sale | $940,999-21.6%$389/sqft |
Source: | ||
| 11/15/2025 | Listed for sale | $1,200,000-4%$495/sqft |
Source: | ||
| 5/30/2023 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 5/4/2023 | Pending sale | $1,250,000$516/sqft |
Source: | ||
| 4/16/2023 | Price change | $1,250,000-2%$516/sqft |
Source: | ||
| 3/22/2023 | Listed for sale | $1,275,000$526/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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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Neighborhood: Central City
Nearby schools
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.








