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1012 S WEST TEMPLE

Salt Lake City, UT 84101

Stories: 2

Salt Lake City, UT 84101

1012 S WEST TEMPLE

$849,999

MLS#: 2147286

Status: Active

Listing provided by: Doorstep Realty LLC

Listing agent phone: None

Last update: 5 days ago

On site: 3 months ago

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About

Great fourplex in downtown Salt Lake City location with immediate upside and clean renovations throughout. The property was previously generating $5,214 per month across all four units prior to Unit #1 becoming vacant - creating a turnkey move-in or lease-up opportunity for the next owner. Unit #1 has been fully refreshed with new LVP flooring, fresh paint, an updated bathroom vanity, and brand new stainless steel appliances. Re-leasing Unit #1 brings the property right back to its prior income on day one. All units are one bed, one bath with a full kitchen, and every unit has been renovated with new kitchens, updated LVP flooring, fresh interior paint, and modern light fixtures - creating a cohesive, turnkey feel that appeals to tenants and supports long-term performance. The exterior has seen significant improvements as well, including new windows, shutters, updated paint, new rain gutters, and refreshed landscaping. Operations are straightforward with separately metered power and gas for each unit, an off-street parking lot in the rear, and an on-site coin-operated washer and dryer providing additional variable income. Lease expirations are staggered across April, June, and August - offering a clear path to gradually optimize rents over time. Zoned RMF-35 and ideally positioned near the Ballpark redevelopment area, the property sits just minutes from downtown with quick access to major freeways, dining, and entertainment. Whether you're an investor looking to stabilize a nearly full asset or an owner-occupant ready to live in a freshly remodeled unit while the others cover your mortgage - opportunities like this don't come around often. Showings of Unit #1 are available now. Occupied units will be shown upon an accepted offer. Please do not disturb tenants. Buyer to verify all information. One of the owners is a licensed real estate agent. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.

Property

Beds

4

Full Baths

None

1/2 Baths

None

Year Built

1897

Sq.Footage

2,000

Features

Features & Amenities

Interior

  • Total Bedrooms

    4

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    NO

  • Heating

    None

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Other Exterior Features

    Lighting

  • Patio and Porch Features

    Porch

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.1

  • Lot Size(square feet)

    4356.0

  • Property Type

    Residential

  • Property Sub Type

    Quadruplex

  • Architectural Style

    Stories: 2

Price

  • Sales Price

    $849,999

  • Tax Amount

    $2,998

  • Zoning

    RMF-35

  • Sq. Footage

    2, 000

  • Price/SqFt

    $424

HOA

  • Association

    No

School District

  • Elementary School

    Salt Lake

  • Middle School

    Clayton

  • High School

    Highland

Property Features

  • New Construction

    NO

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

Schedule

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Location

  • County

    Salt Lake

  • Elementary School

    Salt Lake

  • Middle School

    Clayton

  • High School

    Highland

Listing Courtesy of Kaeden A Faulkner , Doorstep Realty LLC

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Agent Damon Luke

Damon Luke

President / Real Estate Advisor

Call Damon today to schedule a private showing.

Phone (801) 882-4009

Email Damon@OnXrealty.com


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1012 S WEST TEMPLE

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