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Listed price in listed location currency (USD).
$875,000

440

MLS® 2147286

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential
Size 2000 sqft
Garage 
Taxes $2,998
Days Active 62
Lot Size 
Approx. Age 1897
Avg. Price Per Sqft $437
MLS® Number 2147286

Property Address: 1012 S West Temple, Salt Lake City, UT, 84101-3150

Average square foot calculated using Size range provided by listing agent.

Description

Great fourplex in downtown Salt Lake City location with immediate upside and clean renovations throughout. The property was previously generating $5, 214 per month across all four units prior to Unit #1 becoming vacant - creating a turnkey move-in or lease-up opportunity for the next owner. Unit #1 has been fully refreshed with new LVP flooring, fresh paint, an updated bathroom vanity, and brand new stainless steel appliances. Re-leasing Unit #1 brings the property right back to its prior income on day one. All units are one bed, one bath with a full kitchen, and every unit has been renovated with new kitchens, updated LVP flooring, fresh interior paint, and modern light fixtures - creating a cohesive, turnkey feel that appeals to tenants and supports long-term performance. The exterior has seen significant improvements as well, including new windows, shutters, updated paint, new rain gutters, and refreshed landscaping. Operations are straightforward with separately metered power and gas for each unit, an off-street parking lot in the rear, and an on-site coin-operated washer and dryer providing additional variable income. Lease expirations are staggered across April, June, and August - offering a clear path to gradually optimize rents over time. Zoned RMF-35 and ideally positioned near the Ballpark redevelopment area, the property sits just minutes from downtown with quick access to major freeways, dining, and entertainment. Whether you're an investor looking to stabilize a nearly full asset or an owner-occupant ready to live in a freshly remodeled unit while the others cover your mortgage - opportunities like this don't come around often. Showings of Unit #1 are available now. Occupied units will be shown upon an accepted offer. Please do not disturb tenants. Buyer to verify all information. One of the owners is a licensed real estate agent. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.
MLS® Number2147286
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1897
Basement
DrivewayParking: Uncovered
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 1, 2026List Date
$875,000List Price
  • Commute

Commute

Starting Address
Destination Address
1012 S West Temple, Salt Lake City, UT

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