MLS #2178108
About this home
This home for sale at 4031 S 3200 W Salt Lake City, UT 84119 has been listed at $825,000.
Full description
Hyper-efficient, rarely available 4-plex in an exceptional West Valley City location! This turnkey investment offers an incredibly low trailing expense ratio (under 19%), yielding massive cash flow backed by a proven track record of near-zero vacancy and reliable long-term tenants. The building features solid operating fundamentals with major capital expenditures already handled, including updated HVAC systems and new water heaters for added peace of mind. Operational performance is bolstered by additional income from on-site, coin-operated laundry facilities and landlord-provided high-speed Utopia Fiber internet. With stable leases currently in place-and clear upside on the single vacant unit-this property presents the ideal blend of stabilized day-one returns and future rent-growth potential. Separately metered utilities (gas and electric) keep landlord expenses predictable. A prime portfolio addition for seasoned investors seeking a highly optimized, low-maintenance asset.
Property highlights
- This turnkey investment offers an incredibly low trailing expense ratio (under 19%), yielding massive cash flow backed by a proven track record of near-zero vacancy and reliable long-term tenants. .
- The building features solid operating fundamentals with major capital expenditures already handled, including updated HVAC systems and new water heaters for added peace of mind. .
- Hyper-efficient, rarely available 4-plex in an exceptional West Valley City location!
- Operational performance is bolstered by additional income from on-site, coin-operated laundry facilities and landlord-provided high-speed Utopia Fiber internet. .
- Separately metered utilities (gas and electric) keep landlord expenses predictable. .
- Spacious 6 bedroom home perfect for comfortable living.
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Start your searchProperty details
- Property Type
- Residential
- Sub-type
- Quadruplex
- Status
- Active
- Days on Market
- 0
- Bedrooms
- 6
- Bathrooms
- 4
- Year Built
- 1963
- Stories
- 0
- Living Area
- 2,706 sq ft
- Lot Size
- 0.36 acres
- Price/sqft
- $304.88
- Parking Total
- 4.00
- County
- Salt Lake
- City
- Salt Lake City
- Zoning
- Multi-Family
- Tax Annual
- $4,128
- Preferred Financing
- Cash,Conventional
- Parcel #
- 15-33-354-004
- MLS Area
- Magna; Taylrsvl; WVC; SLC
- Listed By
- Equity Summit Group PC
Inclusions
- Dryer
- Range Hood
- Refrigerator
- Washer
- Window Coverings
Interior features
- Disposal
- Range/Oven: Free Stdng.
- Granite Countertops
Building & construction
- Roof
- Asphalt
- Construction
- Brick
Garage & parking
- Parking total
- 4.00
- Covered spaces
- 4.00
- RV parking
- 0.00
- Covered
- Parking: Uncovered
Land description
- Curb & Gutter
- Fenced: Full
Utilities
- Natural Gas Connected
- Electricity Connected
- Sewer Connected
- Sewer: Public
- Water Connected
Additional features
- Sewer: Connected
- Sewer: Public
- Culinary
- Window Coverings
- Residential
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Neighborhood
Walk · Transit · Bike
Most errands require a car. Some transit available. It's convenient to use a bike for a few trips.
Price History
Mortgage calculator
- Principal & interest
- Property tax
- Home insurance
- HOA fees
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Location
Salt Lake City, UT · approximate location
Listed by: Spencer Wilson · Equity Summit Group PC. 801-367-0286.
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 Sep 13, 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: $825,000 — 57.1% above the median sale price.
Salt Lake City market — Residential
What homes are doing.
Latest data through August 2026.
Median sale price
$525,000
-8.4% year over year
Median days on market
22
+2 days year over year
Sale-to-list ratio
97.9%
-0.7pp year over year
Homes sold last month
104
-131 year over year
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