For sale MLS# 2190881 · 21 days on the market
$750,000
It starts with a call with an agent.
406 N Chicago St, Salt Lake City, UT 84116
About this home
Fantastic investment opportunity in an established neighborhood near Rose Park. This solid brick four plex is nestled among charming single-family homes in a peaceful residential area. Fully rented with several long-term tenants, this property offers immediate rental income and a great opportunity for investors looking to add to their portfolio or take advantage of end-of-year tax benefits. Includes covered parking, additional storage, washer/dryer in each unit, and a fenced yard. With solid construction, consistent rental history, and an attractive neighborhood, you won't want to miss out on this opportunity!
Written by the listing agent.
Location
The market in Salt Lake City today
$750,000 is 16% below the median asking price in Salt Lake City.
At $277 per sqft it asks 7% less than the median in the city.
48% of the listings for sale have lowered their price at least once.
From the listings for sale, as of October 25, 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
- $4,156
- Property tax
- $290
- Home insurance
- $110
10% down ($75,000), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.
Details
- Style
- Stories: 2
- Lot
- 0.19 acres
- Parking
- Covered, Detached
- Heating
- Forced Air, Gas: Central
- Flooring
- Carpet, Hardwood, Vinyl
- Roof
- Asphalt
See all 14 details
- Construction
- Brick
- Water
- Culinary
- Sewer
- Sewer: Connected
- Effective year built
- 1999
- County
- Salt Lake
- Faces
- West
- Zoning
- Multi-Family
- Terms
- Cash, Conventional, FHA
- Range/Oven: Free Stdng.
- Dishwasher: Built-In
- Corner Lot
- Curb & Gutter
- Fenced: Part
- 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 The Agency Salt Lake City / Carolyn Chavez. Based on information from UtahRealEstate.com as of 10/20/2026 12:52 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.