1 / 49
235 W 400 N, Salt Lake City, UT 84103
$1,900,000
235 W 400 N, Salt Lake City, UT 84103
Units
5
Price/Unit
$380,000
Price/Sqft
$535
Est Gross Yield
5.1%
$96,156/yr est.
Property Details
Unit Mix
| Type | Count | Beds | Baths | Sqft | Rent/Mo |
|---|---|---|---|---|---|
| 2BR / 1BA | 1 | 2 | 1 | 700 | — |
| 1BR / 1BA | 1 | 1 | 1 | 800 | — |
| 1BR / 1BA | 1 | 1 | 1 | 550 | — |
| 2BR / 1BA | 1 | 2 | 1 | 800 | — |
| 2BR / 1BA | 1 | 2 | 1 | 700 | — |
| Total | 5 | 8 | 5 | 3,550 | — |
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
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.
Listed by Jeremy Martin · Omada Real Estate
Location
235 W 400 N, Salt Lake City, UT 84103
Proforma
Drag sliders to explore the deal
Cap Rate
3.37%
Cash-on-Cash
-3.50%
Cash Flow
-$2,076/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.
DISCLAIMER: The information provided on this website, including property details, pricing, projections, and availability, is for informational purposes only and may change without notice. While Canovo Group, LLC strives to maintain accurate and up-to-date information, we do not guarantee its completeness or accuracy. Users should independently verify all information and property details, including availability and any leasing conditions, with the listing agent or property owner before making any decisions. Canovo Group, LLC is not responsible for any errors, omissions, or third-party content and makes no representations or warranties regarding the properties listed. Neither Canovo Group, LLC nor its affiliates are acting as your real estate agent or broker, nor do we represent or endorse any properties or parties unless expressly stated in a separate written agreement. This website is not an offer or solicitation to buy, sell, or lease any property. All transactions are the sole responsibility of the parties involved.
© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 9/16/2026, 5:15:15 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.