For sale MLS# 2178108 · 76 days on the market
$799,900
It starts with a call with an agent.
4031 S 3200 W, Salt Lake City, UT 84119
About this home
NEW PRICE! 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.
Written by the listing agent.
Location
The market in Salt Lake City today
$799,900 is 11% below the median asking price in Salt Lake City.
At $296 per sqft it asks about the city median.
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
- $4,433
- Property tax
- $344
- Home insurance
- $110
10% down ($79,990), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.
Details
- Style
- Front And Rear
- Lot
- 0.36 acres
- Parking
- Covered, Parking: Uncovered
- Heating
- Forced Air, Gas: Central
- Roof
- Asphalt
- Construction
- Brick
See all 12 details
- Water
- Culinary
- Sewer
- Sewer: Connected, Sewer: Public
- County
- Salt Lake
- Faces
- West
- Zoning
- Multi-Family
- Terms
- Cash, Conventional
- Disposal
- Range/Oven: Free Stdng.
- Granite Countertops
- Curb & Gutter
- Fenced: Full
- Natural Gas Connected
- Electricity Connected
- Sewer Connected
- Sewer: Public
- Water Connected
Schools
Assigned schools as reported to the MLS by the listing agent. Boundaries change; confirm enrollment with the district. · Granite
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Listing courtesy of Equity Summit Group PC / Spencer Wilson. Based on information from UtahRealEstate.com as of 9/21/2026 1:17 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.