2318 W 3650 S

West Valley City, UT 84119

Stories: 1

West Valley City, UT 84119

2318 W 3650 S

$850,000

MLS#: 2186163

Status: Active

Listing provided by: Utah Real Estate PC

Listing agent phone: None

Last update: 4 days ago

On site: 24 days ago

TODD VILLA - Residential

About

Rare opportunity to own an exceptionally well-maintained, one-owner fourplex in a convenient West Valley City location! Offered at an approximate 4.6% cap rate, this custom-built property combines quality Mid-Century construction, a strong rental history, desirable tenant amenities, and significant recent improvements. Situated on a quiet dead-end street, the unit mix includes two 2-bedroom units and two 1-bedroom units. What truly sets this property apart are the features tenants value most: large private yards and patios, oversized individual storage units, garage and covered parking, and a quiet residential setting. The property includes a 2-car garage, 2-car carport, and four storage units. Convenient access to I-215, Hwy 201, Valley Fair Mall, Costco, the Maverik Center, shopping, dining, and downtown West Valley City adds to its strong rental appeal. Historically, the units have been extremely easy to rent with little to no downtime between tenants. The longtime owner has also completed numerous significant improvements, helping reduce near-term capital expenditures. Updates include a newer roof, newer windows and sliding doors, new garage doors, new HVAC system in Unit 2, two new water heaters, nearly all new washers and dryers, updated flooring, new landscaping, gutters, and fresh exterior paint. With an approximate 4.6% cap rate, strong rental history, desirable tenant amenities, extensive improvements, and additional rental upside potential, this is a compelling opportunity for an investor looking for a well-cared-for fourplex in an established and highly accessible location. Showings by appointment only on Saturdays between 10:00 AM and 2:00 PM.

Property

Beds

6

Full Baths

None

1/2 Baths

None

Year Built

1964

Sq.Footage

3,170

Features

Features & Amenities

Interior

  • Other Interior Features

    Vaulted Ceiling(s)

  • Total Bedrooms

    6

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central, Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    Brick, Cedar

  • Other Exterior Features

    Lighting

  • Parking

    Attached, Garage

  • Patio and Porch Features

    Covered, Patio, Porch

  • Pool

    No

  • Waterfront YN

    NO

  • View

    Mountain(s)

Area & Lot

  • Lot Features

    Cul-De-Sac

  • Lot Size(acres)

    0.26

  • Lot Size(square feet)

    11,325

  • Property Type

    Residential

  • Property Sub Type

    Quadruplex

  • Architectural Style

    Stories: 1

Price

  • Sales Price

    $850,000

  • Tax Amount

    $4,966

  • Zoning

    R-1-8

  • Sq. Footage

    3,170

  • Price/SqFt

    $268

HOA

  • Association

    No

Property Resources

  • Horse Property

    NO

School District

  • Elementary School

    Granite

  • Middle School

    Eisenhower

  • High School

    Granger

Property Features

  • New Construction

    NO

  • Accessibility Features

    Accessible Doors

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

Schedule

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Location

  • County

    Salt Lake

  • Elementary School

    Granite

  • Middle School

    Eisenhower

  • High School

    Granger

Listing Courtesy of Joel Carson, Utah Real Estate PC

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Agent Lindsey Pili

Lindsey Pili

Agent / Realtor®

Call Lindsey today to schedule a private showing.


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2318 W 3650 S

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