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853 S 900 E, Salt Lake City, UT 84102
$1,295,000
853 S 900 E, Salt Lake City, UT 84102
Units
3
Price/Unit
$431,667
Price/Sqft
$402
Est Gross Yield
4.5%
$57,744/yr est.
Property Details
Unit Mix
| Type | Count | Beds | Baths | Sqft | Rent/Mo |
|---|---|---|---|---|---|
| 2BR / 1BA | 1 | 2 | 1 | 1,073 | $2,530/mo |
| 2BR / 1BA | 1 | 2 | 1 | 1,073 | $2,715/mo |
| 2BR / 1BA | 1 | 2 | 1 | 1,073 | $2,745/mo |
| Total | 3 | 6 | 3 | 3,219 | $7,990/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 9th & 9th fully-leased triplex offering immediate cash flow in one of Salt Lake City's most walkable, high-demand neighborhoods. Each of the three spacious two-bedroom/one-bathroom units features a fully renovated basement providing flexible bonus space, plus a rare urban perk: six off-street parking spaces. Situated in a location where tenants stay long-term, this property offers unmatched everyday convenience. Residents can walk directly across the street to Smith's Marketplace, grab coffee or dinner at local favorites like Coffee Garden, Pago, and Pizza Nono, or enjoy an afternoon at nearby Liberty Park. Excellent transit connectivity via the 900 East bus line and TRAX Red Line makes commuting to the University of Utah, downtown or the airport effortless - all while sitting 30 minutes from world-class skiing. A turnkey investment in SLC's premier urban core. All units are fully occupied and income-producing. Please do not disturb the tenants. Interior showings will be arranged upon submission of an offer with proof of funds or lender pre-approval. A complete offering package - including detailed income and expense figures - are available to support your offer. Unit 2 is offered furnished, with all furnishings included in the sale.
Listed by Catherine (Mimi) Chen · Niche Homes
Location
853 S 900 E, Salt Lake City, UT 84102
Proforma
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Cap Rate
2.97%
Cash-on-Cash
-4.56%
Cash Flow
-$1,847/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, 2:48:39 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.