For sale MLS# 2176148 · 84 days on the market
$1,900,000
It starts with a call with an agent.
235 W 400 N, Salt Lake City, UT 84103
About this home
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.
Written by the listing agent.
Location
The market in Salt Lake City today
$1,900,000 is 112% above the median asking price in Salt Lake City.
At $535 per sqft it asks 80% more than the median in the city.
49% of the listings for sale have lowered their price at least once.
From the listings for sale, as of October 26, 2026. Asking prices only: Utah does not make sold prices public.
Living in Salt Lake City
Salt Lake City is the capital and most populous city of Utah, founded in 1847 and located in a valley near the Great Salt Lake.
- 199,723 residents (2020)
- 24 rail stations
- 79 named trails
- 101 named parks
Monthly payment
- Principal & interest
- $10,529
- Property tax
- $720
- Home insurance
- $110
10% down ($190,000), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.
Details
- Style
- Five-Plex
- Lot
- 0.22 acres
- Subdivision
- PLAT A
- Parking
- Parking: Uncovered
- Heating
- Gas: Central, Heat Pump
- Flooring
- Laminate, Tile
See all 15 details
- Roof
- Asphalt
- Construction
- Brick, Stone
- Water
- Culinary
- Sewer
- Sewer: Connected
- Effective year built
- 2015
- County
- Salt Lake
- Faces
- North
- Zoning
- Multi-Family
- Terms
- Cash, Conventional, Seller Finance
- Closet: Walk-In
- Disposal
- Gas Log
- Kitchen: Updated
- Range: Gas
- Dishwasher: Built-In
- Smart Thermostat(s)
- Double Pane Windows
- Patio: Covered
- Porch: Open
See all 18 features
Interior
- Closet: Walk-In
- Disposal
- Gas Log
- Kitchen: Updated
- Range: Gas
- Dishwasher: Built-In
- Smart Thermostat(s)
Exterior
- Double Pane Windows
- Patio: Covered
- Porch: Open
Lot features
- Curb & Gutter
- Fenced: Part
- Road: Paved
- Sprinkler: Auto-Full
Utilities
- Natural Gas Connected
- Electricity Connected
- Sewer Connected
- Water Connected
Schools
Assigned schools as reported to the MLS by the listing agent. Boundaries change; confirm enrollment with the district. · Salt Lake
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Listing courtesy of Omada Real Estate / Jeremy Martin. Based on information from UtahRealEstate.com as of 9/24/2026 3:26 PM. 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.