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268 W 700 N, Salt Lake City, UT 84103
$720,000
268 W 700 N, Salt Lake City, UT 84103
Units
4
Price/Unit
$180,000
Price/Sqft
$317
Est Gross Yield
7.9%
$57,168/yr est.
Property Details
Unit Mix
| Type | Count | Beds | Baths | Sqft | Rent/Mo |
|---|---|---|---|---|---|
| 1BR / 1BA | 1 | 1 | 1 | 567 | $1,250/mo |
| 1BR / 1BA | 1 | 1 | 1 | 567 | $1,000/mo |
| 1BR / 1BA | 1 | 1 | 1 | 567 | $1,150/mo |
| 1BR / 1BA | 1 | 1 | 1 | 567 | — |
| Total | 4 | 4 | 4 | 2,268 | $3,400/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
Back on the market with a newly refurbished unit available to to show and a large price reduction. Easy to rent 4plex, 2 up and 2 down in prime Marmalade location. Walkable to downtown SLC and various public transport options. Short commute to the U of U and easy on/off freeway access at 600 N. Great potential for short term rentals. Zoned MU All units have had significant upgrades over the years, garden level units have full size windows. New roof in 2025. Unit 270 A was just updated with new cabinets, countertops, appliances, carpet, paint and more. This unit is currently available to view and should rent between $1200-$1300/month. Unit 268 A is month to month at $1,250/month. Unit 268 B is month to month at $1,150/month. Unit 270 B has 5 months on the lease at $1,000/month. Each unit is separately metered for power/gas and each unit has their own water heater, furnace and W/D. Abundant natural light in every room in every unit. Landlord pays W/S/T. Please see attached documents including recent survey. 2027 taxes will be significantly less considering the vacant lot that was part of this parcel was sold off in 2026. 270A is available to show but all other units will not be shown without an accepted offer. Seller financing will be considered with 50% down.
Listed by Richard Huntsman · Paras Real Estate
Location
268 W 700 N, Salt Lake City, UT 84103
Proforma
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Cap Rate
5.28%
Cash-on-Cash
1.61%
Cash Flow
$362/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 10/23/2026, 11:45:04 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.