Turnkey West Valley
For Sale
$865,000
4632 S ARLINGTON PARK DR, West Valley City, UT 84120
Condo-style fourplex with 2-bedroom units, in-unit laundry, and covered and uncovered parking.
Property Size4,000 SF
Price / SF$216.25
Days on Market113
Property Features for 4632 S ARLINGTON PARK DR
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Quadruplex
Site & Location
Neighborhood
Academy Park
Additional Details
Business Included
Yes
Multifamily Units
4
Building Details
Building Size
4,000 SF
Year Built
1983
Listing Agency:
Equity Real Estate (Premier Elite)
(801) 651-3071
Listed By:
Redis Farka
(801) 884-3839
Source:
Liftrealty
Added: Jul 6
Changed: Oct 25
Last Checked: Oct 24 at 5:45PM
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)
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,319
Cap Rate
5.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$866,380
$866.4K
Cap Rate 7%
$618,843
$618.8K
Cap Rate 9%
$481,322
$481.3K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$64.8K $16.20/SF
− Vacancy
−$2.9K −$0.73/SF
EGI
$61.9K $15.47/SF
− OpEx
−$18.6K −$4.64/SF
NOI
$43.3K $10.83/SF
Area
West Valley City, UT
Vacancy
4.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$866,380
Cap Rate 7%
$618,843
Cap Rate 9%
$481,322
Alternative Uses
Best Use
Multifamily LT 5
$618.8K
$541.5K – $722.0K
NOI $43,319 @ 7.0% cap · market cap 5.01%
Second Best
Apartment 5plus
$558.6K
$488.7K – $651.7K
NOI $39,099 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M
NOI $80,160 @ 7.0% cap · market cap 9.27%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
232
Businesses Nearby
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Business Placement
Demographics for 84120, UT
51,212
Population
14,184
Households
3.6
Avg Household Size
32
Median Age
15%
College-Educated
81%
High-School Grad
10.1 sq mi
ZIP Area
5,070
Density / Sq Mi
$90,847
Median Household Income
$36,899
Median Earnings
$1,434
Median Rent
$370,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
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 $865,000.
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
