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359 E 900 S, Salt Lake City, UT — photo 11 / 12

$899,995

359 E 900 S, Salt Lake City, UT 84111

Units

4

Price/Unit

$224,999

Price/Sqft

$390

Est Gross Yield

6.6%

$59,136/yr est.

Property Details

Property typeFourplex
Year built1931
Total units4
Living area2,306 sqft
Bedrooms4
Bathrooms4
Lot size0.14 acres
Parking7 spaces
Days on market38
Listed2026-08-08T00:00:00+00:00

Unit Mix

TypeCountBedsBathsSqftRent/Mo
1BR / 1BA111576$1,070/mo
1BR / 1BA111576$1,025/mo
1BR / 1BA111576$1,400/mo
1BR / 1BA111576$1,280/mo
Total4442,304$4,775/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

Remodeled 4-plex in Salt Lake's coolest new neighborhood, the Maven District. Tenants love living here with all the cool cafes, shops, restaurants, etc. Short walk to Liberty park, easy ride to the U with public transit. 2 units remodeled this year, the other two have been updated recently, but could also be remodeled and get rents up etc. Laundty in one unit but could be added to the others. Fenced in private yard is available for all tenants to share and enjoy. Tankless water heater ensures plenty of hot water for all tenants. Off-street parking, 1 per unit plus 3 guest spaces. Two leases are month to month, about to be re-signed and rents bumped. Please do not distrub tenants. Call for info and to schedule showings.

Listed by Chris L Browne · Salt Lake Improvement Initiative LLC

Location

359 E 900 S, Salt Lake City, UT 84111

Proforma

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Cap Rate

4.37%

Cash-on-Cash

-0.82%

Cash Flow

-$230/mo

Purchase Price$899,995
Down Payment35% ($314,998)
Interest Rate6.00%
Monthly Rent$4,928/mo
Vacancy5%
Expense Ratio30% ($16,854)

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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 9/15/2026, 8:07:05 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.