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412 E VAN NESS S PL, Salt Lake City, UT 84111
$1,275,000
412 E VAN NESS S PL, Salt Lake City, UT 84111
Units
4
Price/Unit
$318,750
Price/Sqft
$372
Est Gross Yield
7.1%
$90,336/yr est.
Property Details
Unit Mix
| Type | Count | Beds | Baths | Sqft | Rent/Mo |
|---|---|---|---|---|---|
| Unit 1 | 1 | 0 | 0 | — | $1,525/mo |
| Unit 2 | 1 | 0 | 0 | 744 | $1,680/mo |
| 2BR / 1BA | 1 | 2 | 1 | 969 | $1,725/mo |
| 3BR / 1BA | 1 | 3 | 1 | 969 | $1,825/mo |
| Total | 4 | 5 | 2 | 2,682 | $6,755/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
Amazing Liberty Park fourplex in a prime location near the University of Utah! This well-maintained property generates approximately $81,000 in annual gross revenue, with tenants responsible for all utilities. All four units were fully remodeled in 2012, including major upgrades such as electrical and roof improvements, and each unit was refreshed again between 2022 and 2025. Current rents are below market for the area, offering a compelling opportunity to increase income and unlock additional upside. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement. Buyer to verify all.
Listed by Taylor Kayli Vernon · Jordan Real Estate LLC
Location
412 E VAN NESS S PL, Salt Lake City, UT 84111
Proforma
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Cap Rate
4.13%
Cash-on-Cash
-1.45%
Cash Flow
-$576/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 8/25/2026, 2:48:24 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.