Turnkey West Valley
4632 S ARLINGTON PARK DR West Valley City, UT 84120
4632 S ARLINGTON PARK DR, West Valley City, UT, 84120
$875,000
For Sale
$875,000
Condo-style fourplex with 2-bedroom units, in-unit laundry, and covered and uncovered parking.
Property Size4,000 SF
Price / SF$218.75
Days on Market16
Property Features for 4632 S ARLINGTON PARK DR
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Property subtype
- Quadruplex
Building Details
- Year Built
- 1983
Listing Agency
Equity Real Estate (Premier Elite)
(801) 884-3839
Listed by
Redis Farka
(801) 884-3839
Source
Liftrealty
Added: Jul 6 Updated: Jul 20 at 2:34 am Checked: Jul 20 at 2:34 am
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 (Premier Elite)
Investment Insights
Based on property information with market context.
Turnkey fourplex in West Valley City featuring condo-style units with 2 bedrooms and 1.5 baths, plus in-unit laundry, ample storage, and both covered and uncovered parking. Leases are month-to-month, supporting stable rental operations. The owner provides water, sewer, and garbage, while tenants pay all other utilities. A new roof and under-roof decking were installed in June 2025.
The property is positioned in a rental area near schools, shopping, and transit. An adjacent fourplex is also available for purchase as an 8-unit package.
The current gross rents are reported as $53,700 annually, with projected rents of $64,800.
The property is positioned in a rental area near schools, shopping, and transit. An adjacent fourplex is also available for purchase as an 8-unit package.
The current gross rents are reported as $53,700 annually, with projected rents of $64,800.
Key Highlights
- Condo‑style 4‑plex built in 1983 with four 2‑bedroom, 1.5‑bath units
- In‑unit laundry in every unit, plus ample storage
- Covered and uncovered parking available for tenants
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 | $64.8k | $16.20 |
| − Vacancy | −$2.9k | −$0.73 |
| EGI | $61.9k | $15.47 |
| − OpEx | −$18.6k | −$4.64 |
| NOI | $43.3k | $10.83 |
4,000 SF · lease $16.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$618.8K
$541.5K – $722.0K
NOI $43,319 @ 7.0% cap · market cap 4.95%
Second Best
Apartment 5plus
$558.6K
$488.7K – $651.7K
NOI $39,099 @ 7.0% cap · market cap 4.47%
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M
NOI $80,160 @ 7.0% cap · market cap 9.16%
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 - Condo-style fourplex with 2-bedroom units, in-unit laundry, and covered and uncovered parking.
Where is this quadplex located?
The property is located at 4632 S ARLINGTON PARK DR West Valley City, UT.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Condo‑style 4‑plex built in 1983 with four 2‑bedroom, 1.5‑bath units; In‑unit laundry in every unit, plus ample storage; Covered and uncovered parking available for tenants
