538 N COLORADO ST, Salt Lake City, UT 84116
$699,000
Est. $4,102/mo
- Beds
- 4
- Baths
- 4
- Sq ft
- 2,650
- Built
- 1951
Why this home stands out
- 3.6% year-over-year market appreciation
About this home
Great opportunity to own a fourplex on a residential street in a quiet Salt Lake County neighborhood. Two of the four units have been recently updated, with additional opportunity to increase rents and improve the property's overall income potential. Located within 10 minutes of Downtown Salt Lake City with convenient access to the airport, the location creates strong rental demand and helps make these units easy to rent. Priced to sell and currently one of the most affordable fourplexes in Salt Lake County, this is a great opportunity for an investor looking to add a solid multifamily asset with plenty of upside to their portfolio.
Features
- Range/Oven: Free Stdng.
- Porch: Open
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 Jaden Connor
Rockwood & Company LLC
MLS #2183166
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- Backman
Elementary
- Northwest
Middle School
- Marilyn Treshow
High School
- Salt Lake Center for Science Education
High School · 0.9 mi
59% proficient
Nearby
Recreation
85 / 100- Local Park · Constitution Park1214 ft
- Golf Course · Roots Disc Golf Course1.2 mi
- Trailhead · 600 S (JRP)1.6 mi
- State Park · Jordan River OHV State Park2.3 mi
Show 3 more
- Airport · Salt Lake City Intl Airport2.7 mi
- Boat Ramp · Great Salt Lake State Marina15 mi
- Ski Resort · Snowbird Ski and Summer Resort20 mi
Everyday needs
90 / 100- School · Backman School1509 ft
- Pharmacy · SavOn Pharmacy0.7 mi
- Bank · Zions Bank0.7 mi
- Grocery · Lucky0.7 mi
Show 8 more
- Cafe · ShadeWolfs0.8 mi
- Park · Meadows Community Park0.8 mi
- Doctors · Dr. Ronald G Duerksen MD PC0.9 mi
- EV Charging · ChargePoint Charging Station1.0 mi
- Restaurant · Leatherby's Family Creamery1.1 mi
- Gas Station · 7-Eleven Fuel1.3 mi
- Fire Station · Fire Station 111.4 mi
- Hospital · VA Medical Hospital5.3 mi
Internet
Excellent · fiber · 100/100Google Fiber
Fiber · 8 Gbps
Quantum Fiber
Fiber · 2 Gbps
Xfinity
Cable · 2 Gbps
All 12 providers
- Google FiberFiber8 Gbps8 Gbps
- Quantum FiberFiber2 Gbps1 Gbps
- XfinityCable2 Gbps2 Gbps
- CenturyLinkFiber1 Gbps1 Gbps
- VerizonFixed Wireless1 Gbps75 Mbps
- StarlinkSatellite280 Mbps30 Mbps
- CenturyLinkDSL140 Mbps100 Mbps
- AT&TFixed Wireless100 Mbps20 Mbps
- HughesNetSatellite100 Mbps5 Mbps
- T-MobileFixed Wireless100 Mbps20 Mbps
- Utah BroadbandFixed Wireless100 Mbps25 Mbps
- Viasat IncSatellite100 Mbps3 Mbps
- SenaWaveFixed Wireless30 Mbps15 Mbps
Home details
Property
- Type
- Residential
- Style
- Quadruplex
- Architectural style
- Up And Down
- Year built
- 1951
- Stories
- 0
- Condition
- Blt./Standing
- Construction
- Brick,Concrete
- Subdivision
- OAKLEY
- County
- Salt Lake
- Zoning
- Multi-Family
- MLS #
- 2183166
Costs
- List price
- $699,000
- Annual taxes
- $1,668
- Home warranty
- No
Lot and parking
- Lot
- 6,970 sqft
- Lot features
- Curb & Gutter,Sidewalks,Sprinkler: Auto-Part,Wooded
- Covered spaces
- 0
- Total parking
- 4
Systems
- Heating
- Wall Furnace
- Roof
- Asphalt
- Patio and porch
- Porch: Open
- Water
- Culinary
- Sewer
- Sewer: Connected,Sewer: Public
All home details49 details
Property Info
- Property Type
- Residential
- Property Style
- Quadruplex
- Architectural Style
- Up And Down
- Condition
- Blt./Standing
- MLS #
- 2183166
- County
- Salt Lake
- Subdivision
- OAKLEY
- Year Built
- 1951
- New Construction
- No
- Stories
- 0
- Total Rooms
- 0
- Living Area
- 2,650 sq ft
- Lot Size (Acres)
- 0.16
- Lot Size
- 6,969.6 sq ft
- Zoning
- Multi-Family
Bedrooms & Baths
- Bedrooms
- 4
- Total Bathrooms
- 4
Financial
- List Price
- $699,000
- Original Price
- $699,000
- HOA
- No
- Annual Taxes
- $1,668
- Home Warranty
- No
Structure
- Construction
- Brick,Concrete
- Roof
- Asphalt
- Heating
- Wall Furnace
- Patio & Porch
- Porch: Open
Lot & Land
- Lot Features
- Curb & Gutter,Sidewalks,Sprinkler: Auto-Part,Wooded
- Topography
- Curb & Gutter, Sidewalks, Sprinkler: Auto-Part, Terrain, Flat, Wooded
- Waterfront
- No
- Horse Property
- No
Parking
- Garage
- No
- Carport
- No
- Covered Spaces
- 0
- Open Parking
- 4
- Total Parking
- 4
- ADU
- No
Amenities
- Fireplace
- No
- Pool
- No
- Spa/Hot Tub
- No
Utilities
- Water Source
- Culinary
- Sewer
- Sewer: Connected,Sewer: Public
- Utilities
- Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected
Schools
- Elementary
- Backman
- Middle School
- Northwest
- High School
- Marilyn Treshow
- Elementary District
- Salt Lake
Timeline
- Listed
- Sep 3, 2026
- Days on Market
- 0
- Status
- Active
Salt Lake City market
Explore Salt Lake CitySalt Lake City median
$548,900
This home: 27% 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
OAKLEY538 N COLORADO ST, Salt Lake City, UT 84116
Open in map searchCommon questions
About 538 N COLORADO ST, Salt Lake City, UtahWhat is the asking price for 538 N COLORADO ST, Salt Lake City?
538 N COLORADO ST, Salt Lake City is listed at $699,000 ($264/sqft). This listing is currently active and available for showings.
Is 538 N COLORADO ST, Salt Lake City a good deal?
Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 45/100. Key deal signals: 3.6% year-over-year market appreciation. The price is 8% below similar homes in the area. This analysis considers price relative to comparables, days on market, price reductions, and market conditions.
What lifestyle features does 538 N COLORADO ST, Salt Lake City offer?
Propaired's AI has identified 2 lifestyle features for this property: Investor Special, Bikeable. The primary lifestyle niche is "investor_special." These tags are derived from MLS data, property features, and location analysis.
What recreation is near 538 N COLORADO ST, Salt Lake City?
This property has a recreation score of 85/100. Nearby recreation includes: 600 S (JRP) trailhead (1.6 mi); Constitution Park park (0.2 mi); Roots Disc Golf Course (1.2 mi); Jordan River OHV State Park (2.3 mi). Skiing: Snowbird Ski and Summer Resort (20.0 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.
What amenities and services are near 538 N COLORADO ST, Salt Lake City?
This property has an amenity proximity score of 90/100. Nearby services include: Grocery: Lucky (0.7 mi); Hospital: VA Medical Hospital (5.3 mi); Pharmacy: SavOn Pharmacy (0.7 mi); Dining: Leatherby's Family Creamery (1.1 mi). Gas station: 1.3 miles. Gym: Salt Lake Tennis & Health Club (6.4 mi).
What schools serve 538 N COLORADO ST, Salt Lake City?
Assigned schools: Elementary: Backman; Middle: Northwest; High: Marilyn Treshow. There are 1 schools within 3 miles of this property. The highest-rated nearby school is Salt Lake Center for Science Education with a 59% state performance score (0.9 miles away). School district: Salt Lake.
All 8 questions
What is the internet speed at 538 N COLORADO ST, 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: 12.
Is 538 N COLORADO ST, Salt Lake City in a flood zone?
This property is classified as low. FEMA flood zone: X (AREA OF MINIMAL FLOOD HAZARD). Flood insurance is not typically required but may be recommended. Always verify current FEMA maps as they are periodically updated.
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