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Fourplex With In-Unit Laundry
For Sale
$865,000

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

Residential, West Valley City, UT

Property Size4,000 SF
Lot Size0.20 Acres
Price / SF$216.25
Days on Market93

Property Features for 4749 W ARLINGTON PARK Dr

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning Multi-Family
Zoning description RM
Bedrooms 8
Bathrooms 8
Full bathrooms 8
Rooms Bathroom 7, Bedroom 4, Bedroom 6, Bedroom 7, Bathroom 1, Bedroom 5, Bathroom 4, Bathroom 8, Bathroom 6, Bedroom 8, Bathroom 5, Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 2, Bathroom 3
Parking 12
Parking features Covered
Window features Blinds
Subdivision PARK
Lot features Fenced: Full, Road: Paved, Sidewalks, Sprinkler: Auto- Full, View: Mountain
Elementary school Academy Park
Middle school John F. Kennedy
High school Hunter
Elementary school district Granite
Middle school district Granite
High school district Granite
Standard status Active
APN 21-06-353-006
Size 4,000 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Annual Amount 4969

Utilities

Sewer type Public Sewer
Heating system Central, Forced Air, Natural Gas

Amenities

in-unit laundry
ample storage
covered parking
uncovered parking

Building Details

Year built 1983
Number of units 4
Flooring type Tile, Linoleum, Carpet
Building materials Asbestos
Roof type Asphalt
Architectural style Other
Listing Agency: Equity Real Estate (Premier Elite)
Listed By: Redis Farka
Added: Jul 6 Changed: Sep 16 Last Checked: Oct 6 at 10:06AM
MLS# 2170031

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Investment Insights

Based on property information with market context.

This 1983 fourplex at 4749 W Arlington Park Dr in West Valley City contains 4,000 square feet on a 0.2-acre parcel. The condo-style residences provide two bedrooms and 1.5 baths, along with in-unit laundry and storage. Covered and uncovered parking serve the property, while forced-air central heating, an asphalt roof, public sewer, and a combination of carpet, linoleum, and tile flooring are among the existing features. The construction materials are asbestos, as identified in the property record.

The property is zoned Multi-Family and is located near schools, shopping, and transit in Salt Lake County. Two leases are month-to-month, while the other lease terms extend through February 2027 and June 2027. The owner pays water, sewer, and garbage; residents pay the remaining utilities. An adjacent fourplex is also identified as available under MLS# 2170030.

Key Highlights

  • Fourplex with 4,000 square feet on a 0.2‑acre parcel
  • Each condo‑style residence includes 2 bedrooms and 1.5 baths
  • In‑unit laundry and storage in every residence

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 (±1% cap)
NOI $43,319 @ 7.0% cap · market cap 5.01%
Second Best
Apartment 5plus
$558.6K
$488.7K – $651.7K (±1% cap)
NOI $39,099 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M (±1% cap)
NOI $80,160 @ 7.0% cap · market cap 9.27%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Multi-family property with condo-style residences, covered parking, and access to schools, shopping, and transit.
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 $865,000.
What are key features of this property?
This property features: Fourplex with 4,000 square feet on a 0.2‑acre parcel; Each condo‑style residence includes 2 bedrooms and 1.5 baths; In‑unit laundry and storage in every residence
More about this property
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