$1,200,000

3135 S 200 E, South Salt Lake, UT 84115

  • 8 beds |
  • 4 baths |
  • 3,328 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1973
  • Property Lot Size Icon7,841sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $361/sqft
  • Property List Date Icon Listed 14 days ago

Property Description

Don't miss this rare chance to acquire a true legal conforming 4-plex with assumable seller financing at 5.5%. All four units are 2BD/1BA at 832 sq ft each, generating $6,135/month in gross rental income. The seller financing is an all-inclusive trust deed on an existing note amortized over 30 years with a balloon due October 31, 2030 - a qualified buyer with approximately $428,000 down steps directly into the note and locks in below-market financing on day one. The property has been comprehensively updated in the last three years: new roof, new furnaces and A/C units, brand new kitchens with granite countertops and soft-close cabinetry, new appliances and washer/dryers in every unit, new tile bathrooms, new electrical panels, and a full french drain. All four units have separate gas and electric meters, covered carport parking, and full laundry hookups. There is zero deferred maintenance and no capital improvements on the horizon - just clean, stable cash flow in a strong Salt Lake rental market. Always full occupancy. DO NOT DISTURB TENANTS. Make offers subject to inspection. Call listing agent prior to writing offer. Square footage per appraiser measurement - buyer to verify all information.

Listing Status:
Active
Date Added:
April 27, 2026
Data Last Updated:
May 12, 2026 at 3:41AM
Listing Office:
Real Broker, LLC :
Listing Agent:
Joe Pierson : 801-400-2870
MLS ID:
2153631
  • General: DisposalKitchen: UpdatedRange/Oven: Free Stdng.
  • Laundry: Electric Dryer Hookup
  • Flooring: CarpetLaminate
  • Heating: Forced AirGas: Central
  • General: Double Pane WindowsEntry (Foyer)LightingSecured Building
  • Style: Up And Down
  • Parking: CoveredParking spaces: 4
  • Roofing: Asphalt
  • Windows: Blinds
  • General: Blt./Standing
  • Originating MLS: UtahRealEstate.com
  • School District: Granite
  • County: Salt Lake
  • Topography: Curb & GutterSidewalksSprinkler: Auto-FullTerrainFlatView: MountainDrip Irrigation: Auto-Full
  • Landscaping: Xeriscaped
  • Zoning: Single-Family16-30-326-007
  • View: Mountain(s)View
  • Current Use: Residential
  • Utilities: Natural Gas ConnectedElectricity ConnectedSewer ConnectedSewer: PublicWater Connected
  • Water: Culinary
  • Sewer: Sewer: ConnectedSewer: Public
  • Source: UtahRealEstate.com

This listing courtesy of Joe Pierson , Real Broker, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby

1766 E SOUTHWOODSIDE DR, Holladay, UT 84124
Multi-Family Home For Sale

$1,300,000

  • 7 bed |
  • 4 bath |
  • 3,783 sqft |
  • 0.32 acre lot
1766 E SOUTHWOODSIDE DR Holladay, UT 84124

#2153215 - Real Broker, LLC

2222 S 200 E, South Salt Lake, UT 84115
Multi-Family Home For Sale

$1,095,000

  • 8 bed |
  • 4 bath |
  • 3,720 sqft |
2222 S 200 E South Salt Lake, UT 84115

#2150095 - Garff Group Realty