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Four-Unit Multifamily Property

4749 W ARLINGTON PARK DR, West Valley City, UT 84120

For Sale
$860,000

Each residence has two bedrooms, one-and-a-half baths, in-unit laundry, and covered or uncovered parking.

Property Size4,000 SF
Price / SF$215
Days on Market127

Property Features for 4749 W ARLINGTON PARK DR

General Information

Standard status Active
Size 4,000 SF
Property subtype Quadruplex

Site & Location

Neighborhood Academy Park
Public Transit Yes

Units

Unit Mix 2BR/1.5BA
Multifamily Units 4

Additional Details

Gross Income $55,800
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $4,969

Amenities

in-unit laundry
ample storage
covered plus uncovered parking

Building Details

Building Size 4,000 SF
Year Built 1983
Listing Agency: Equity Real Estate (Premier Elite)
Listed By: Redis Farka
Source: Moveutahrealestate
Added: Jul 6 Changed: Nov 3 Last Checked: Nov 8 at 9:37AM

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)

Rey
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Investment Insights

Based on property information with market context.

Built in 1983, this four-unit multifamily property has condo-style residences with two bedrooms and one-and-a-half baths apiece. Each unit includes in-unit laundry and storage, with covered and uncovered parking available.

Two leases are month-to-month; the other two extend through February 2027 and June 2027. The owner covers water, sewer, and garbage, while residents pay the remaining utilities. A neighboring fourplex is also available.

Key Highlights

  • Four residential units, each with 2 bedrooms and 1.5 baths
  • In‑unit laundry and storage in each residence
  • Covered and uncovered parking

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,319
Cap Rate
5.04%
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 (±1% cap)
NOI $43,319 @ 7.0% cap · market cap 5.04%
Second Best
Apartment 5plus
$558.6K
$488.7K – $651.7K (±1% cap)
NOI $39,099 @ 7.0% cap · market cap 4.55%
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M (±1% cap)
NOI $80,160 @ 7.0% cap · market cap 9.32%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

232
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Quadplexes in Salt Lake County, UT

$275 Jul
$280 Aug
$278 Sep
$277 Oct

Properties on Market for Quadplexes in Salt Lake County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Each residence has two bedrooms, one-and-a-half baths, in-unit laundry, and covered or uncovered parking.
Where is this quadplex located?
The property is located at 4749 W ARLINGTON PARK DR West Valley City, UT.
What is the asking price?
The asking price for this property is $860,000.
What are key features of this property?
This property features: Four residential units, each with 2 bedrooms and 1.5 baths; In‑unit laundry and storage in each residence; Covered and uncovered parking
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