bds
|
ba
|
sqft
ac lot
|
car garage
|
|
$1,900,000
+$150.0k
Originally listed at $1,750,000
MLS #2176148
Beds
8
Baths
5
Sq Ft
3,550
Lot
0.22 ac
Built
1940
Seller financing
About this home
This home for sale at 235 W 400 N Salt Lake City, UT 84103 has been listed at $1,900,000 and has been on the market for 93 days.
Full description
Exceptional investment opportunity in the heart of downtown Salt Lake City! This beautifully maintained 5-plex offers an ideal blend of timeless character and modern convenience in one of the city's most desirable rental locations. Just minutes from the vibrant downtown district, tenants will enjoy easy access to shopping, dining, entertainment, TRAX, and I-15, making commuting throughout the Salt Lake Valley effortless. The property is also conveniently located near Temple Square, the Utah State Capitol, and the Gateway entertainment district, with countless restaurants, coffee shops, parks, and cultural attractions nearby. Thoughtfully designed and well cared for, this multi-family property provides an attractive living experience for tenants while offering strong long-term investment potential. Whether you're looking to expand your portfolio or own a prime income-producing property in one of Utah's fastest-growing markets, this downtown 5-plex is an opportunity you won't want to miss.
Property details
- Property Type
- Residential
- Sub-type
- > 4 Units
- Status
- Active
- Days on Market
- 93
- Bedrooms
- 8
- Bathrooms
- 5
- Year Built
- 1940
- Effective Year
- 2015
- Living Area
- 3,550 sq ft
- Lot Size
- 0.22 acres
- Price/sqft
- $535.21
- Parking Total
- 5
- County
- Salt Lake
- City
- Salt Lake City
- Subdivision
- PLAT A
- Zoning
- Multi-Family
- Tax Annual
- $8,635
- Preferred Financing
- Cash, Conventional, Seller Finance
- Parcel #
- 08-36-255-011
- MLS Area
- Salt Lake City: Avenues Area
- Listed By
- Omada Real Estate
Interior features
- Closet: Walk-In
- Disposal
- Gas Log
- Kitchen: Updated
- Range: Gas
- Dishwasher: Built-In
- Smart Thermostat(s)
Exterior features
- Double Pane Windows
- Patio: Covered
- Porch: Open
Building, systems & basement
- Roof
- Asphalt
- Construction
- Brick, Stone
- Flooring
- Laminate, Tile
- Heating
- Gas: Central, Heat Pump
Garage & parking
- Parking total
- 5
- Open parking
- 5
- Parking: Uncovered
Green features
- Solar
Land description
- Curb & Gutter
- Fenced: Part
- Road: Paved
- Sprinkler: Auto-Full
Utilities
- Natural Gas Connected
- Electricity Connected
- Sewer Connected
- Water Connected
Additional features
Patio & porch
- Covered
- Porch: Open
Window features
- Blinds
- Drapes
Sewer
- Sewer: Connected
Water source
- Culinary
Current use
- Residential
Schedule a Tour with a Buyer’s Agent
Location
Salt Lake City, UT · approximate location
Schools
Elementary
Washington
Salt Lake
Middle/Jr
Bryant
Salt Lake
High
West
Salt Lake
Neighborhood
Walk · Transit · Bike
Most errands can be accomplished on foot. Strong transit options available. Most trips are convenient by bike.
Price History
Date
Price
Change
Change %
10/22/2026
$1,900,000
$535/sqft
+$150,000
+8.6%
8/26/2026
$1,750,000
$493/sqft
Listed
—
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Listed by: Jeremy Martin · Omada Real Estate. 385-233-9110.
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 Nov 4, 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: $1,900,000 — 222.0% above the median sale price.
Salt Lake City market — Residential
What homes are doing.
Latest data through October 2026.
Median sale price
$590,000
+5.0% year over year
Median days on market
34
+14 days year over year
Sale-to-list ratio
97.7%
-0.65pp year over year
Homes sold in October
167
-56 year over year
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