Rented Quadplex With Off-Street
1794 400 Salt Lake City, UT 84116
1794 400, Salt Lake City, UT, 84116
$900,000
For Sale
$900,000
All units are rented and each includes washer/dryer hook-ups, with off-street parking on-site.
Property Size3,584 SF
Price / SF$251.12
Days on Market233
Property Features for 1794 400
General Information
- Standard status
- Active
- Size
- 3,584 SF
- Property subtype
- Fourplex
Listing agency
(800) 785-9995
Listed by
Equity Real Estate
(435) 994-8553
Source
Xome
Added: Dec 2, 2025 Updated: Jul 22 at 3:38AM Checked: Jul 23 at 4:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Equity Real Estate
Investment Insights
Based on property information with market context.
This for-sale quadplex features four 2-bedroom, 1-bath units. The property has recent improvements including a new roof, new carpet, and new paint. Unit features include in-unit washer/dryer hook-ups, with washers/dryers for 3 units, and fridges included. Off-street parking is available.
The property is located at 1794 400, Salt Lake City, UT 84116, approximately 100 feet from a park. It is described as within walking distance to shopping, dining, parks, and recreation, with minutes to freeway access and downtown Salt Lake City.
According to the seller’s remarks, all units are currently rented on 12-month leases at $1,500 per month. There is no sign on the property, and no showings are allowed without an accepted offer; tenants should not be disturbed. Buyers should conduct their own due diligence, as information is deemed reliable but not guaranteed.
The property is located at 1794 400, Salt Lake City, UT 84116, approximately 100 feet from a park. It is described as within walking distance to shopping, dining, parks, and recreation, with minutes to freeway access and downtown Salt Lake City.
According to the seller’s remarks, all units are currently rented on 12-month leases at $1,500 per month. There is no sign on the property, and no showings are allowed without an accepted offer; tenants should not be disturbed. Buyers should conduct their own due diligence, as information is deemed reliable but not guaranteed.
Key Highlights
- Cap rate of 6.8% (vs. average 5.6% for SLC, per listing remarks)
- 2‑bed/1‑bath units; all units rented with 12‑month leases at $1,500 per month (per remarks)
- New roof reported; also new carpet and new paint (per listing remarks)
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $72.3k | $20.16 |
| − Vacancy | −$4.0k | −$1.11 |
| EGI | $68.3k | $19.05 |
| − OpEx | −$20.5k | −$5.72 |
| NOI | $47.8k | $13.34 |
3,584 SF · lease $20.16/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$682.8K
$597.5K – $796.6K
NOI $47,796 @ 7.0% cap · market cap 5.31%
Second Best
Apartment 5plus
$634.3K
$555.0K – $740.0K
NOI $44,400 @ 7.0% cap · market cap 4.93%
Theoretical Best
Office A
$965.6K
$844.9K – $1.13M
NOI $67,591 @ 7.0% cap · market cap 7.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - All units are rented and each includes washer/dryer hook-ups, with off-street parking on-site.
Where is this quadplex located?
The property is located at 1794 400 Salt Lake City, UT.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Cap rate of 6.8% (vs. average 5.6% for SLC, per listing remarks); 2‑bed/1‑bath units; all units rented with 12‑month leases at $1,500 per month (per remarks); New roof reported; also new carpet and new paint (per listing remarks)
