- Great Deal (vs Market)
1162 E 400 S, Salt Lake City, UT 84102
$2,300,000
Est. $14,053/mo
- Beds
- 16
- Baths
- 8
- Sq ft
- 9,563
- Built
- 1973
Why this home stands out
- Priced 17% below area forecast
About this home
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.
Features
- Disposal
- Range/Oven: Free Stdng.
Agents
Connect with your buyer agent
Get local guidance on this home from Juston.
Salt Lake County Realtor | Smart Real Estate. Lasting Legacy.
20 yrs experience
Listed by Porter Criddle
Investment Realty Advisors LLC
MLS #2155284
Your message goes only to Juston.
See the deal analysis, value and rental income
Ask Juston how this home rates as a deal, what it should sell for, and what it could earn as a long-term or short-term rental.
- Deal score
- Estimated value
- Rental income
Schools
Salt Lake- Bennion (M Lynn)
Elementary
- Bryant
Middle School
- East
High School
- Salt Lake Arts Academy
K-8 School · 1.6 mi
56% proficient - Emerson School
K-8 School · 2.7 mi
58% proficient
Nearby
Recreation
81 / 100- Local Park · Faultline Gardens Park558 ft
- Trailhead · Popperton Park1.4 mi
- Golf Course · Bonneville Golf Course2.1 mi
- State Park · This Is The Place Heritage Park2.3 mi
Show 2 more
- Airport · Salt Lake City Intl Airport6.5 mi
- Ski Resort · Solitude Mountain Resort16 mi
Everyday needs
76 / 100- Restaurant · Litzas Pizza0.6 mi
- School · East High0.6 mi
- Cafe · Art Cafe0.7 mi
- Hospital · VA Medical Hospital1.3 mi
Show 9 more
- EV Charging · ChargePoint Charging Station1.4 mi
- Grocery · Harmons Emigration Market1.5 mi
- Fire Station · Fire Station 101.8 mi
- Gas Station · Top Stop Chevron - Foothill C131.9 mi
- Bank · Chase Bank1.9 mi
- Pharmacy · Dan's Foothill Pharmacy2.2 mi
- Gym · Wild Yogi2.5 mi
- Park · Sugar House Horseshoe Pit2.7 mi
- Doctors · Dr. Richard R. Flynn, MD3.2 mi
Internet
Excellent · fiber · 100/100Google Fiber
Fiber · 8 Gbps
Quantum Fiber
Fiber · 2 Gbps
Xfinity
Cable · 2 Gbps
All 11 providers
- Google FiberFiber8 Gbps8 Gbps
- Quantum FiberFiber2 Gbps1 Gbps
- XfinityCable2 Gbps2 Gbps
- CenturyLinkFiber1 Gbps1 Gbps
- VerizonFixed Wireless1 Gbps75 Mbps
- StarlinkSatellite280 Mbps30 Mbps
- CenturyLinkDSL140 Mbps20 Mbps
- AT&TFixed Wireless100 Mbps20 Mbps
- HughesNetSatellite100 Mbps5 Mbps
- T-MobileFixed Wireless100 Mbps20 Mbps
- Utah BroadbandFixed Wireless100 Mbps25 Mbps
- Viasat IncSatellite100 Mbps3 Mbps
Home details
Property
- Type
- Residential
- Style
- > 4 Units
- Architectural style
- Stories: 3
- Year built
- 1973
- Stories
- 0
- Condition
- Blt./Standing
- Construction
- Brick
- Subdivision
- PLAT F
- County
- Salt Lake
- Zoning
- Multi-Family
- MLS #
- 2155284
Costs
- List price
- $2,300,000
- Annual taxes
- $12,164
- Home warranty
- No
Lot and parking
- Lot
- 0.27 ac
- Lot features
- Sidewalks,Sprinkler: Auto-Full,View: Mountain
- Garage
- 2 cars
- Covered spaces
- 10
- Total parking
- 12
Systems
- Heating
- Gas: Central
- Roof
- Membrane
- Flooring
- Carpet,Laminate,Vinyl
- Sewer
- Sewer: Connected
- View
- Mountain(s)
All home details50 details
Property Info
- Property Type
- Residential
- Property Style
- > 4 Units
- Architectural Style
- Stories: 3
- Condition
- Blt./Standing
- MLS #
- 2155284
- County
- Salt Lake
- Subdivision
- PLAT F
- Year Built
- 1973
- New Construction
- No
- Stories
- 0
- Total Rooms
- 0
- Living Area
- 9,563 sq ft
- Lot Size (Acres)
- 0.27
- Lot Size
- 11,761.2 sq ft
- Zoning
- Multi-Family
Bedrooms & Baths
- Bedrooms
- 16
- Total Bathrooms
- 8
Financial
- List Price
- $2,300,000
- Original Price
- $2,300,000
- HOA
- No
- Annual Taxes
- $12,164
- Home Warranty
- No
Structure
- Construction
- Brick
- Roof
- Membrane
- Flooring
- Carpet,Laminate,Vinyl
- Heating
- Gas: Central
Lot & Land
- Lot Features
- Sidewalks,Sprinkler: Auto-Full,View: Mountain
- Topography
- Sidewalks, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain
- View
- Mountain(s)
- Waterfront
- No
- Horse Property
- No
Parking
- Garage
- Yes
- Garage Spaces
- 2
- Carport
- Yes
- Covered Spaces
- 10
- Open Parking
- 2
- Total Parking
- 12
- ADU
- No
Amenities
- Fireplace
- No
- Pool
- No
- Spa/Hot Tub
- No
Utilities
- Sewer
- Sewer: Connected
- Utilities
- Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected
Schools
- Elementary
- Bennion (M Lynn)
- Middle School
- Bryant
- High School
- East
- Elementary District
- Salt Lake
Timeline
- Listed
- May 4, 2026
- Days on Market
- 175
- Status
- Active
Salt Lake City market
Explore Salt Lake CitySalt Lake City median
$548,900
This home: 319% above
Days to sell
54
Utah: 70
Homes for sale
801
Price range
$185k – $8M
Sale to list
98%
Market
Buyer's market
SafetyHigh Crime · 147.1 incidents per 1,000 residents · 217% above the Utah average
Safety rating 1.0 out of 10.
Violent
28.7
per 1,000 · national 3.6
Property
83.9
per 1,000 · national 17.6
vs Utah
+217%
46.4 per 1,000 statewide
vs Salt Lake
+118%
67.5 per 1,000 countywide
Society
34.5
per 1,000
Population 212,675 · 2024 reports · Local rates use NIBRS; national rates use FBI UCR index crimes, which count fewer offense types.
Location
PLAT F1162 E 400 S, Salt Lake City, UT 84102
Open in map searchCommon questions
About 1162 E 400 S, Salt Lake City, UtahWhat is the asking price for 1162 E 400 S, Salt Lake City?
1162 E 400 S, Salt Lake City is listed at $2,300,000 ($241/sqft). This listing is currently active and available for showings.
Is 1162 E 400 S, Salt Lake City a good deal?
Propaired's AI deal analysis classifies this property as a "Great Deal (vs Market)" with a deal score of 82/100. Key deal signals: Priced 17% below area forecast. This analysis considers price relative to comparables, days on market, price reductions, and market conditions.
Is 1162 E 400 S, Salt Lake City a good investment property?
Based on market rental data, this property has an estimated annual rent of $73,804 with a gross rental yield of 3.2%. Net rental yield (after estimated expenses): 2.1%. Estimated debt service coverage ratio (DSCR): 0.43. Investor score: 41/100. These are estimates based on area comparables.
What lifestyle features does 1162 E 400 S, Salt Lake City offer?
Propaired's AI has identified 3 lifestyle features for this property: Investor Special, Historic & Character, Bikeable. The primary lifestyle niche is "investor_special." These tags are derived from MLS data, property features, and location analysis.
What recreation is near 1162 E 400 S, Salt Lake City?
This property has a recreation score of 81/100. Nearby recreation includes: Popperton Park trailhead (1.4 mi); Faultline Gardens Park park (0.1 mi); Bonneville Golf Course (2.1 mi); This Is The Place Heritage Park (2.3 mi). Skiing: Solitude Mountain Resort (16.5 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.
What amenities and services are near 1162 E 400 S, Salt Lake City?
This property has an amenity proximity score of 76/100. Nearby services include: Grocery: Harmons Emigration Market (1.5 mi); Hospital: VA Medical Hospital (1.3 mi); Pharmacy: Dan's Foothill Pharmacy (2.2 mi); Dining: Litzas Pizza (0.6 mi). Gas station: 1.9 miles. Gym: Wild Yogi (2.5 mi).
All 8 questions
What schools serve 1162 E 400 S, Salt Lake City?
Assigned schools: Elementary: Bennion (M Lynn); Middle: Bryant; High: East. There are 2 schools within 3 miles of this property. The highest-rated nearby school is Emerson School with a 58% state performance score (2.7 miles away). School district: Salt Lake.
What is the internet speed at 1162 E 400 S, Salt Lake City?
This property has a broadband score of 100/100 (Excellent). Best available speed: 8000 Mbps download / 8000 Mbps upload. Fiber internet is available at this address. Available providers: AT&T (100 Mbps, Fixed Wireless); CenturyLink (1000 Mbps, Fiber); CenturyLink (140 Mbps, DSL). Total providers: 11.
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