$815,000

3428 S 300 E, Salt Lake City, UT 84115

4 beds |
4 baths |
2,072 sqft

Multi-Family Home
Built in 1960
7,405sqft lot
—— car garage
$393/sqft
Listed 6 months ago

Property Description

***INCREDIBLE $60,000 PRICE DROP! Live in one unit and let the others pay the mortgage or take advantage of this great opportunity to rent all 4 units. This well-kept 4-plex is a rare opportunity for an owner-occupant or house-hacker buyer to step into a solid investment while building equity from day one. Current rents total $4,475/month, with stable tenants who each pay their own gas and electric via separate meters. The owner covers only water, sewer, trash, and internet, keeping expenses low. Each unit offers bright, comfortable living spaces with easy access to transit, shopping, restaurants, St. Marks Hospital, and everything in-between. Newer windows, a metal roof, and covered parking are a huge perk. With today's interest rates, an owner living in one unit could enjoy low monthly living costs after collecting rent from the others, less than the cost of renting in most neighborhoods. Whether you're looking to offset your housing costs or add a well-performing property to your portfolio, this 4-plex checks all the boxes: solid income, great location, and built-in upside as rents continue to rise. Your opportunity is NOW!

Listing Status:: Active
Date Added:: May 20, 2025 at 06:00AM
Listing Office:: Coldwell Banker Realty (Salt Lake-Sugar House) : 801-488-5300
Listing Agent:: Lauren McMullin : 801-488-5300
MLS ID:: 2089180

General: Range/Oven: Free Stdng.
Flooring: CarpetTile
Heating: Forced AirGas: Central

General: Double Pane Windows
Parking: CoveredParking: UncoveredParking spaces: 7

Roofing: Asphalt
Windows: Drapes
General: Blt./Standing

Originating MLS: UtahRealEstate.com
School District: Granite
County: Salt Lake

Topography: Curb & GutterRoad: PavedSidewalksTerrainFlat
Landscaping: Landscaping: FullMature TreesXeriscaped
Zoning: Multi-FamilyShort Term Rental Allowed16-30-379-032
Current Use: Residential

Utilities: Natural Gas ConnectedElectricity ConnectedSewer ConnectedSewer: PublicWater Connected
Water: Culinary
Sewer: Sewer: ConnectedSewer: Public

Source: UtahRealEstate.com

This listing courtesy of Lauren McMullin, Coldwell Banker Realty (Salt Lake-Sugar House)

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Youth Educational Support School

450 E 3700 S, Salt Lake City, UT, 84115

Grades KG-12

0.50 miles away

Granite Park Junior High School

3031 S 200 E, South Salt Lake, UT, 84115

Grades 6-8

0.54 miles away

Youth Educational Support School

450 E 3700 S, Salt Lake City, UT, 84115

Grades KG-12

0.50 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.