MLS #2155284
About this home
This home for sale at 1162 E 400 S Salt Lake City, UT 84102 has been listed at $2,300,000 and has been on the market for 165 days.
Full description
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.
Property details
- Property Type
- Residential
- Sub-type
- > 4 Units
- Status
- Active
- Days on Market
- 165
- Bedrooms
- 16
- Bathrooms
- 8
- Year Built
- 1973
- Living Area
- 9,563 sq ft
- Lot Size
- 0.27 acres
- Price/sqft
- $240.51
- Garage Spaces
- 2
- Parking Total
- 12
- County
- Salt Lake
- City
- Salt Lake City
- Subdivision
- PLAT F
- Zoning
- Multi-Family
- Tax Annual
- $12,164
- Preferred Financing
- Cash, Conventional, Exchange
- Parcel #
- 16-05-408-055
- MLS Area
- Salt Lake City; So. Salt Lake
- Listed By
- Investment Realty Advisors LLC
Interior features
- Disposal
- Range/Oven: Free Stdng.
Building, systems & basement
- Roof
- Membrane
- Construction
- Brick
- Flooring
- Carpet, Laminate, Vinyl
- Heating
- Gas: Central
Garage & parking
- Garage spaces
- 2
- Parking total
- 12
- Open parking
- 2
- Covered spaces
- 10
- Covered
Land description
- Sidewalks
- Sprinkler: Auto-Full
- View: Mountain
Utilities
- Natural Gas Connected
- Electricity Connected
- Sewer Connected
- Water Connected
Additional features
- Mountain(s)
- Blinds
- Sewer: Connected
- Residential
Schedule a Tour with a Buyer’s Agent
Location
Salt Lake City, UT · approximate location
Schools
Neighborhood
Walk · Transit · Bike
Some errands can be accomplished on foot. Strong transit options available. Most trips are convenient by bike.
Price History
Mortgage calculator
- Principal & interest
- Property tax
- Home insurance
- HOA fees
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Listed by: Porter Criddle · Investment Realty Advisors LLC. 435-485-7070.
Source: UtahRealEstate.com.
Information deemed reliable but not guaranteed. All measurements and calculations of area should be independently verified.
Based on information from UtahRealEstate.com as of Oct 16, 2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Publisher's notice: All real estate advertised herein is subject to the Federal Fair Housing Act and Utah Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, family status, or national origin.
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Salt Lake City market context
How this property sits against recent sales in the area.
This listing: $2,300,000 — 323.2% above the median sale price.
Salt Lake City market — Residential
What homes are doing.
Latest data through September 2026.
Median sale price
$543,500
-2.1% year over year
Median days on market
15
-21 days year over year
Sale-to-list ratio
98.7%
+0.33pp year over year
Homes sold in September
117
-121 year over year
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