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2318 W 3650 S, West Valley City, UT 84119
$850,000
2318 W 3650 S, West Valley City, UT 84119
Units
4
Price/Unit
$212,500
Price/Sqft
$268
Est Gross Yield
7.1%
$60,000/yr est.
Property Details
Unit Mix
| Type | Count | Beds | Baths | Sqft | Rent/Mo |
|---|---|---|---|---|---|
| 1BR / 1BA | 1 | 1 | 1 | 676 | $1,200/mo |
| 2BR / 1BA | 1 | 2 | 1 | 909 | $1,700/mo |
| 2BR / 1BA | 1 | 2 | 1 | 909 | $1,800/mo |
| 1BR / 1BA | 1 | 1 | 1 | 676 | $1,100/mo |
| Total | 4 | 6 | 4 | 3,170 | $5,800/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
Rare opportunity to own an exceptionally well-maintained, one-owner fourplex in a convenient West Valley City location! Offered at an approximate 4.6% cap rate, this custom-built property combines quality Mid-Century construction, a strong rental history, desirable tenant amenities, and significant recent improvements. Situated on a quiet dead-end street, the unit mix includes two 2-bedroom units and two 1-bedroom units. What truly sets this property apart are the features tenants value most: large private yards and patios, oversized individual storage units, garage and covered parking, and a quiet residential setting. The property includes a 2-car garage, 2-car carport, and four storage units. Convenient access to I-215, Hwy 201, Valley Fair Mall, Costco, the Maverik Center, shopping, dining, and downtown West Valley City adds to its strong rental appeal. Historically, the units have been extremely easy to rent with little to no downtime between tenants. The longtime owner has also completed numerous significant improvements, helping reduce near-term capital expenditures. Updates include a newer roof, newer windows and sliding doors, new garage doors, new HVAC system in Unit 2, two new water heaters, nearly all new washers and dryers, updated flooring, new landscaping, gutters, and fresh exterior paint. With an approximate 4.6% cap rate, strong rental history, desirable tenant amenities, extensive improvements, and additional rental upside potential, this is a compelling opportunity for an investor looking for a well-cared-for fourplex in an established and highly accessible location. Showings by appointment only on Saturdays between 10:00 AM and 2:00 PM.
Listed by Joel Carson · Utah Real Estate PC
Location
2318 W 3650 S, West Valley City, UT 84119
Proforma
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Cap Rate
4.69%
Cash-on-Cash
0.05%
Cash Flow
$12/mo
Quick estimates only. Switch to Detailed for full line-item control.
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 9/21/2026, 3:04:35 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. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.