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$865,000
-$65.0k
MLS #2154984
Beds
6
Baths
4
Sq Ft
2,726
Lot
0.16 ac
Built
1923
Has view
About this home
This home for sale at 1470 S EDISON ST Salt Lake City, UT 84115 has been listed at $865,000 and has been on the market for 84 days.
Full description
Price reduction. One of the best cap rates for a four plex available in Salt Lake City. Turnkey investment fourplex in Salt Lake City's Ballpark neighborhood, walking distance to Salt Lake Community College's South City Campus and two blocks from Smith's Ballpark. The Ballpark site is being redeveloped under the city's Ballpark Next plan (cra.slc.gov/ballparknext), adopted in December 2025, with rezoning approved in March 2026 and groundbreaking targeted for mid to late 2026. The plan includes a new library, approximately 400 multifamily units, 60 senior housing units, a 125-room hotel, 75,000 square feet of retail, and a new fire station. Updated throughout: kitchens, bathrooms, flooring, and many of the windows. Separate gas and electric meters in each unit. Two units have Google Fiber. Seven off-street parking spaces in the lot behind the building. A 690 square foot cellar with five 5x8 storage compartments can be rented to tenants for $25 each per month. Mountain views. Easy access to downtown, Liberty Park, Trax, freeways, and the airport. 3D Tour walks through all four units. Buyer to verify all information.
Property highlights
- Turnkey investment fourplex in Salt Lake City's Ballpark neighborhood, walking distance to Salt Lake Community College's South City Campus and two blocks from Smith's Ballpark. .
- The plan includes a new library, approximately 400 multifamily units, 60 senior housing units, a 125-room hotel, 75,000 square feet of retail, and a new fire station. .
- Updated throughout: kitchens, bathrooms, flooring, and many of the windows. .
- One of the best cap rates for a four plex available in Salt Lake City. .
- Separate gas and electric meters in each unit. .
- Seven off-street parking spaces in the lot behind the building. .
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Start your searchProperty details
- Property Type
- Residential
- Sub-type
- Quadruplex
- Status
- Active
- Days on Market
- 84
- Bedrooms
- 6
- Bathrooms
- 4
- Year Built
- 1923
- Effective Year
- 2002
- Stories
- 0
- Living Area
- 2,726 sq ft
- Lot Size
- 0.16 acres
- Price/sqft
- $317.31
- Parking Total
- 7.00
- County
- Salt Lake
- City
- Salt Lake City
- Subdivision
- CAPITOL
- Zoning
- Multi-Family, Commercial
- Tax Annual
- $4,479
- Preferred Financing
- Cash,Conventional,FHA
- Parcel #
- 16-18-106-010
- MLS Area
- Salt Lake City; So. Salt Lake
- Listed By
- KW South Valley Keller Williams
Interior features
- Kitchen: Updated
- Oven: Gas
- Range: Gas
Exterior features
- Balcony
- Basement Entrance
- Deck; Covered
- Double Pane Windows
- Lighting
Building & construction
- Roof
- Asphalt
- Construction
- Brick,Cedar
- Flooring
- Carpet,Laminate,Tile
Garage & parking
- Parking total
- 7.00
- Open parking
- 7.00
- Covered spaces
- 0.00
- RV parking
- 0.00
- Parking: Uncovered
Land description
- Curb & Gutter
- Fenced: Full
- Road: Paved
- Sidewalks
- Sprinkler: Auto-Part
- View: Mountain
Utilities
- Natural Gas Connected
- Electricity Connected
- Sewer Connected
- Sewer: Public
- Water Connected
Additional features
View
- Mountain(s)
Window features
- Blinds
Laundry
- Gas Dryer Hookup
Sewer
- Sewer: Connected
- Sewer: Public
Water source
- Culinary
Current use
- Residential
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Schedule a Tour with a Buyer’s Agent
Neighborhood
Located in CAPITOL, Salt Lake City.
Walk · Transit · Bike
Most errands can be accomplished on foot. Strong transit options available. Daily errands can be done by bike.
Price History
Date
Price
Change
Change %
7/25/2026
$865,000
$317/sqft
-$65,000
-7.0%
5/2/2026
$930,000
$341/sqft
Listed
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Location
Salt Lake City, UT · approximate location
Listed by: Jeff Eaves · KW South Valley Keller Williams. 801-676-5700.
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 Jul 27, 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: $865,000 — 46.7% above the median sale price.
Salt Lake City market — Residential
What homes are doing.
Latest data through June 2026.
Median sale price
$589,700
+11.5% year over year
Median days on market
13
+1 days year over year
Sale-to-list ratio
99.0%
-0.42pp year over year
Homes sold last month
210
-38 year over year
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