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1470 S EDISON ST, Salt Lake City, UT 84115
$865,000
1470 S EDISON ST, Salt Lake City, UT 84115
Units
4
Price/Unit
$216,250
Price/Sqft
$317
Est Gross Yield
7.3%
$63,360/yr est.
Property Details
Unit Mix
| Type | Count | Beds | Baths | Sqft | Rent/Mo |
|---|---|---|---|---|---|
| 1BR / 1BA | 1 | 1 | 1 | 800 | $1,310/mo |
| 2BR / 1BA | 1 | 2 | 1 | 777 | $1,335/mo |
| 2BR / 2BA | 1 | 2 | 2 | 709 | $1,525/mo |
| 1BR / 2BA | 1 | 1 | 2 | 411 | $1,150/mo |
| Total | 4 | 6 | 6 | 2,697 | $5,320/mo |
Unit mix data is reported by the seller or listing agent through the MLS and may be inaccurate or incomplete. Buyers should independently verify all information and conduct their own due diligence before making any investment decisions.
Description
Turnkey investment fourplex in Salt Lake City's Ballpark neighborhood, walking distance to Salt Lake Community College's South City Campus and two blocks from Smith's Ballpark. The Ballpark site is being redeveloped under the city's Ballpark Next plan (cra.slc.gov/ballparknext), adopted in December 2025, with rezoning approved in March 2026 and groundbreaking targeted for mid to late 2026. The plan includes a new library, approximately 400 multifamily units, 60 senior housing units, a 125-room hotel, 75,000 square feet of retail, and a new fire station. Updated throughout: kitchens, bathrooms, flooring, and many of the windows. Separate gas and electric meters in each unit. Two units have Google Fiber. Seven off-street parking spaces in the lot behind the building. A 690 square foot cellar with five 5x8 storage compartments can be rented to tenants for $25 each per month. Mountain views. Easy access to downtown, Liberty Park, Trax, freeways, and the airport. 3D Tour walks through all four units. Buyer to verify all information.
Listed by Jeff Eaves · KW WESTFIELD
Location
1470 S EDISON ST, Salt Lake City, UT 84115
Proforma
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Cap Rate
4.87%
Cash-on-Cash
0.52%
Cash Flow
$140/mo
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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.
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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 10/7/2026, 8:33:00 AM. 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. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.