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Turnkey Fourplex in Prime Location

116 N B St E, Salt Lake City, UT 84103

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For Sale

$1,200,000

MULTI_FAMILY - Other - Salt Lake City, UT

Property size:

3,750 SF

Lot size:

0.17 Acres

Price / SF:

$320/SF

HighLights

Legal four‑plex with all units currently occupied, delivering immediate rental occupancy
Mixed‑use zoning: retail/residential (zoned retail/residential), offering flexibility for future use
Off‑street covered parking available
Construction materials include brick, stone, and stucco; roof features flat and asphalt
Heating includes hot water (heating), radiant heat, and natural gas
Located in the Avenues near downtown, LDS Hospital, the University of Utah, and public transit

We can help!

Contact an agent

Tobin Prince

For Sale

$1,200,000

MULTI_FAMILY - Other - Salt Lake City, UT

Property size:

3,750 SF

Lot size:

0.17 Acres

Price / SF:

$320/SF

Added:: Jan 13, 2026
Days on Market:: 165
Last Refresh:: Jun 27 at 1:06 pm

Property Features for 116 N B St E

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: Multi-Family
Bedrooms: 6
Bathrooms: 6
Rooms: Bedroom 2, Bedroom 4, Bathroom 4, Bathroom 5, Bedroom 5, Bathroom 6, Bedroom 6, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 1
Parking: 5
Parking features: Covered
Window features: Drapes, Blinds
Exterior features: Balcony, Lighting
Standard status: Active
APN: 09-31-451-005
Size: 3,750 SF
Lot size: 0.17 Acres

Taxes and HOA fees

Tax Annual Amount: 5590

Utilities

Sewer type: Public Sewer
Heating system: Hot Water(Heating), Radiant, Natural Gas

Building Details

Year built: 1891
Floors in Building: 2
Number of units: 4
Flooring type: Tile, Hardwood, Carpet
Building materials: Brick, Stone, Stucco
Roof type: Flat, Asphalt
Architectural style: Other

We can help!

Contact an agent

Tobin Prince

Listing agent Tobin Prince

Listing office EXP Realty, LLC 240 N East Promontory, Ogden, UT

Listing date Jan 13, 2026

MLS# 2130517 Listing URL

HighLights

Legal four‑plex with all units currently occupied, delivering immediate rental occupancy
Mixed‑use zoning: retail/residential (zoned retail/residential), offering flexibility for future use
Off‑street covered parking available
Construction materials include brick, stone, and stucco; roof features flat and asphalt
Heating includes hot water (heating), radiant heat, and natural gas
Located in the Avenues near downtown, LDS Hospital, the University of Utah, and public transit

Overview

This turnkey legal fourplex is situated in the highly sought-after Avenues neighborhood. The property is currently fully occupied, providing immediate cash flow. It is zoned Retail/Residential (Mixed-Use), offering additional flexibility. The property features a strong unit mix and off-street parking. Consistent rental demand is supported by its prime central location near downtown, LDS Hospital, the University of Utah, and public transit. Many updates have been completed over the years. The property offers value-add potential through rent optimization. It is ideal for investors or 1031 exchange buyers. The property size is 3750 square feet and the lot size is 0.17 acres.

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: Salt Lake City
County: Salt Lake
State: Utah
Longitude: -111.881681
Latitude: 40.772175

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For sale
Quadplexes
UT
Salt Lake City
84103
116 N B St E

What type of property is this?

Quadplex - Legal fourplex in the Avenues, Salt Lake City, with cash flow.

Where is this quadplex located?

The property is located at 116 N B St E Salt Lake City, UT.

What is the asking price?

The asking price for this property is $1,200,000.

What are key features of this property?

This property features: Legal four‑plex with all units currently occupied, delivering immediate rental occupancy; Mixed‑use zoning: retail/residential (zoned retail/residential), offering flexibility for future use; Off‑street covered parking available

116 N B St E, Salt Lake City, UT 84103

MULTI_FAMILY - Other - Salt Lake City, UT

Property Features for 116 N B St E

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Converted Multifamily Apartment Building

Multi-Unit Boarding Home Property

Professional Office Plaza with Suites

Unique Loft Office Space

Updated 4-Plex Investment Property

Duplex with Remodeled Unit

Five-Unit Apartment Building

Historic Victorian Duplex with Accessory Apartment

Large Multifamily Near University of Utah

7-Unit Multifamily Property with Balconies

Renovated Multifamily Building Near University

Victorian Triplex with Patio Unit

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