Updated Four-Unit
4639 S ARLINGTON PARK DR W, West Valley City, UT 84120
For Sale
$799,000
Updated multifamily property with one currently vacant unit and annual leases.
Property Size1,980 SF
Price / SF$230.13
Days on Market55
Property Features for 4639 S ARLINGTON PARK DR W
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Multifamily Units
Building Details
Building Size
Year Built
Buildings
Tenancy
Listing Agency:
JB & Associates Realty
Listed By:
Jami Bogenschutz · License UT #5471591
(801) 792-5547
Source:
Liftrealty
Added: Sep 21
Changed: Nov 12
Last Checked: Nov 12 at 8:19AM
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 JB & Associates Realty
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Investment Insights
Based on property information with market context.
This updated quadplex contains four residential units within a 3,472-square-foot property built in 1980. One unit is currently vacant and has a keybox, while the remaining tenancy includes long-term occupants on yearly leases.
Located at 4639 S Arlington Park Dr W in West Valley City, the property offers an established multifamily configuration with both existing tenancy and immediate vacancy for leasing or occupancy.
Located at 4639 S Arlington Park Dr W in West Valley City, the property offers an established multifamily configuration with both existing tenancy and immediate vacancy for leasing or occupancy.
Key Highlights
- Four‑unit quadplex with an updated condition
- 3,472‑square‑foot property built in 1980
- One unit currently vacant and keyboxed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,601
Cap Rate
4.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$752,020
$752.0K
Cap Rate 7%
$537,157
$537.2K
Cap Rate 9%
$417,789
$417.8K
Market Conditions
NOI Build-Up for 3,472 SF
Gross rent
$56.2K $16.20/SF
− Vacancy
−$2.5K −$0.73/SF
EGI
$53.7K $15.47/SF
− OpEx
−$16.1K −$4.64/SF
NOI
$37.6K $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%
$752,020
Cap Rate 7%
$537,157
Cap Rate 9%
$417,789
Alternative Uses
Best Use
Multifamily LT 5
$537.2K
$470.0K – $626.7K
NOI $37,601 @ 7.0% cap · market cap 4.71%
Second Best
Apartment 5plus
$484.8K
$424.2K – $565.6K
NOI $33,938 @ 7.0% cap · market cap 4.25%
Theoretical Best
Office A
$994.0K
$869.7K – $1.16M
NOI $69,579 @ 7.0% cap · market cap 8.71%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
232
Businesses Nearby
Explore this area
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
$370,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Quadplexes in Salt Lake County, UT
Properties on Market for Quadplexes in Salt Lake County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Updated multifamily property with one currently vacant unit and annual leases.
Where is this quadplex located?
The property is located at 4639 S ARLINGTON PARK DR W West Valley City, UT.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Four‑unit quadplex with an updated condition; 3,472‑square‑foot property built in 1980; One unit currently vacant and keyboxed
