24 days on rocket

235 W 400 N, Salt Lake City, UT, 84103

$1,800,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
5 Baths
3,550 SqFt
$507/SqFt
Multi
Schools Nearby

Location

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235 W 400 N, Salt Lake City$1,800,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingParking: Uncovered
Year Built1940
HeatingHeat Pump
FireplaceInsert
MLS #1991220
Lot Size0.22 Acres
StatusActive

About 235 W 400 N

Seller Finance considered with large down. Turn key investment opportunity! Named one of the best Short Term Rentals in Salt Lake City by 3 major travel blogs! This gorgeous Marmalade 5-plex was totally renovated in 2018 with new electrical, plumbing, HVAC, water main to street, bathrooms, flooring, stainless appliances, and quartz countertops. Solar installed in February handles ~90% of electrical consumption, and includes backup batteries that cover up to a 3-day power outage. These 1 and 2 bedroom units are fully furnished including kitchen essentials, linens, irons, coffee makers, rollaway beds, and all furniture & decor. Flat screen TVs in each unit's living area and every bedroom. All units have central air, a stackable washer and dryer, and smart thermostats. No basement or upper-level units! Dedicated off-street parking for each unit. Newly rebuilt porch. Quiet area within walking distance to area shops, downtown, temple square, City Creek and the Capitol. Currently, a long-term lease is in place with one individual who rents the units for 30+ days at a time. This lease can be terminated by either party with 30 days' notice. A new owner can continue with the current arrangement, or take the property in a new direction. Utility figures provided are for all 5 units combined. Information deemed reliable but not guaranteed. Buyer to verify all. Square footage figures are provided as a courtesy estimate only and were obtained from previous MLS listing. Buyer is advised to obtain an independent measurement.

Property Details

Property Features

Property Information:

  • Architectural Style: Five-Plex
  • Year Built: 1940
  • Stories: 0
  • Living Area: 3,550 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty (Salt Lake-Sugar House)
  • Office Phone: (801) 488-5300
  • Listing Agent: Charlene Owens

Interior Features

Interior Information:

  • Flooring Type: Laminate, Tile
  • Interior: Closet: Walk-In, Disposal, Gas Log, Kitchen: Updated, Range: Gas, Dishwasher: Built-In, Smart Thermostat(s)
  • Fireplace: Insert

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Double Pane Windows, Patio: Covered, Porch: Open

Parking Information:

  • Attached Garage: No
  • Parking: Parking: Uncovered

Lot Features

Lot Information:

  • Lot: Curbs, Sprinklers
  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump

School Info

Assigned Schools Information:

  • West High School, Public District Grades 7-12
  • Bryant Middle School, Public District Grades 7-8
  • Washington School, Public District Grades PK-6

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,800,000
  • Price Per SqFt: $507/SqFt

Tax Information:

  • Annual Amount: $8,022
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Salt Lake City, UT.

Med. List Price

$625.9K

Med. Price/SqFt

$335

Avg. Days On Market

59

235 W 400 N vs Salt Lake City

24 DAYS ON ROCKET

-35 Days

$1,800,000

+$1.1M More

$507/SqFt

+$171 More

KEY TAKEAWAY

This property is $1.1M more than the Median List Price and $171/SqFt more than other homes in Salt Lake City, UT.

Based on homes listed in April 2024

MLS Details

MLS Information:

  • MLS Name: UtahRealEstate.com
  • MLS Number: #1991220

Listing Office:

  • Office Name: Coldwell Banker Realty (Salt Lake-Sugar House)
  • Office Phone: (801) 488-5300
  • Listing Agent: Charlene Owens

IDXBased on information from UtahRealEstate.com All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable but not guaranteed accurate. The compilation of listings and each individual listing are Copyright © 2024 UtahRealEstate.com All rights reserved.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 4:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$8,022$1,257,100
2020 - $656,095
2019$2,649$461,945
2017 - $354,400

History based on county public records data.

Payment Calculator

$9,051

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,463

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6317571
4
/10
  • Washington School

  • 420 N 200 W

  • 0.16 miles

  • Public District Grades PK-6

Middle School

school-card-donut-6317572
2
/10
  • Bryant Middle School

  • 40 S 800 E

  • 1.71 miles

  • Public District Grades 7-8

High School

school-card-donut-6317573
3
/10
  • West High School

  • 241 N 300 W

  • 0.26 miles

  • Public District Grades 7-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,214. Residents of Salt Lake City, UT typically earn less than $35k each year. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket Homes›Utah›Salt Lake County›Salt Lake City›84103›235 W 400 N

This home is located at 235 W 400 N in Salt Lake City, UT and zip code 84103 in the West Capitol Hill neighborhood. This 3,550 square foot home, which was built in 1940, sits on a 0.22 acre lot. Features: 8 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 10, 2024 and is currently priced at $1,800,000.

The number of listings in Salt Lake City, UT increased by 72.8% between March 2024 and April 2024. In April 2024, listings were on the market for 59 days. During the same period, the median list price in this real estate market was $625,972.

From Rocket Homes Real Estate and based on county public records data.

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