
PROPERTY DETAILS
The home for sale at 369 S 1000 E Salt Lake City, UT 84102 has been listed at $2,300,000 and has been on the market for 39 days.
369 South 8-Plex | 8 Units | Heart of Salt Lake City - Adjacent to University of Utah & Downtown Salt Lake City | Renovated In 2022 | 100% Occupancy 369 S 1000 E, Salt Lake City, UT $2,300,000 Purchase Price 5.92% Cap Rate $136,046.57 Net Operating Income $1,646 Average Lease Rate (Per Unit) 100% Occupancy Peterson Team is proud to present an exceptional multifamily investment opportunity, this recently renovated 8-plex property is located in the highly sought-after University neighborhood, directly adjacent to the University of Utah. Offering an attractive combination of proximity to both educational and transportation hubs, this property benefits from its location near a TRAX station, making it an excellent choice for tenants who desire easy access to downtown Salt Lake City, just minutes away. CALL FOR OFFERS: MARCH 27, 2025 If youd like to receive an Offering Memorandum, reach out to me directly! Description: New water heaters and HVAC systems New driveway and front porch New LVP flooring New washer and dryer Security system with cameras New padlocks and doors Exterior paint Roof replaced within the last 5 years High Demand Area: Prime location near the University of Utah, with easy access to TRAX and downtown Salt Lake City, ensuring strong tenant demand and consistent rental income Two (2) 2 bedroom 1 bath Six (6) 1 bedroom 1 bathroom Each unit includes dishwasher, stove/oven, fridge, & washer/dryer 2022 New Water heaters and HVAC 2022 New Driveway / Front Porch 2022 New Padlocks and Door 2022 Exterior Paint Updated LVP Flooring HIK Vision Security System Camera Roof recently replaced 1 Parking Stall Per Tenant New Trex Boards on Deck Google Fiber All units separately metered (gas/electric)
Let me assist you on purchasing a house and get a FREE home Inspection!
General Information
-
Price
$2,300,000
-
Days on Market
39
-
Area
Salt Lake City; So. Salt Lake
-
Total Bedrooms
8
-
Total Bathrooms
8
-
House Size
5960 Sq Ft
-
Neighborhood
-
Address
369 S 1000 E Salt Lake City, UT 84102
-
HOA
NO
-
Lot Size
0.20
-
Price/sqft
385.91
-
Year Built
1961
-
MLS
2068439
-
Status
Active
-
City
Interior Features
- Range/Oven: Built-In
- Video Camera(s)
Exterior Features
- Porch: Open
Building and Construction
- Roof:
- Exterior: Porch: Open
- Construction:
- Foundation Basement: d d
Garage and Parking
- Garage Type: No
- Garage Spaces: 0
Price History
Mar 06, 2025
$2,300,000
Just Listed
$385.91/sqft

LOVE THIS HOME?

Schedule a showing or ask a question.

Kristopher
Larson
801-410-7917

Schools
- Highschool: None/Other
- Jr High: None/Other
- Intermediate: None/Other
- Elementary: None/Other

Most errands can be accomplished on foot. Good Transit is available, with 15 nearby routes: 14 bus, 1 rail, 0 other. This area very Bikeable - it's convenient to use a bike for most trips.
Other Property Info
- Area: Salt Lake City; So. Salt Lake
- Zoning: Multi-Family
- State: UT
- County: Salt Lake
- This listing is courtesy of: Skyler PetersonLEGEND PARTNERS ll, LLC. speterson@legendcommercial.com.
Utilities
Natural Gas Connected
Electricity Connected
Sewer Connected
Water Connected
This data is updated on an hourly basis. Some properties which appear for sale on
this
website
may subsequently have sold and may no longer be available. If you need more information on this property
please email kris@bestutahrealestate.com with the MLS number 2068439.
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.