1116 E 400 S Salt Lake City, UT 84102
East Central NeighborhoodEstimated payment $5,874/month
Total Views
581
5
Beds
4
Baths
2,596
Sq Ft
$393
Price per Sq Ft
Highlights
- Updated Kitchen
- Fruit Trees
- Wood Flooring
- Wasatch Elementary School Rated A-
- Valley View
- 3-minute walk to Faultline Park
About This Home
Discover a rare investment opportunity in the heart of Salt Lake City with this updated and well-maintained triplex featuring 5 bedrooms and 3.5 bathrooms. Ideally located just minutes from the University of Utah, downtown, shopping, and public transit, this property offers both convenience and long-term rental appeal. The upstairs unit is spacious enough to be owner-occupied, while the two lower-level units provide excellent income potential. With a history of reliable, long-term tenants, this property has already proven its value as a consistent rental. Recently updated in 20212022, the triplex has been carefully maintained, blending modern upgrades with lasting durability. Additional features include a dual garage plus storage space, offering both functionality and convenience. Although the neighborhood is now zoned for single-family homes, this property was legally converted into a triplex prior to the zoning change and is a legal nonconforming triplex, making it a rare and valuable find in this area.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,789
Year Built
- Built in 1941
Lot Details
- 5,663 Sq Ft Lot
- Partially Fenced Property
- Landscaped
- Sloped Lot
- Sprinkler System
- Fruit Trees
Parking
- 2 Car Garage
Home Design
- Triplex
Interior Spaces
- 2,596 Sq Ft Home
- Self Contained Fireplace Unit Or Insert
- Double Pane Windows
- Blinds
- Entrance Foyer
- Valley Views
- Gas Dryer Hookup
Kitchen
- Updated Kitchen
- Free-Standing Range
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- In-Law or Guest Suite
- 4 Bathrooms
Basement
- Walk-Out Basement
- Exterior Basement Entry
- Apartment Living Space in Basement
Schools
- Bennion Elementary School
- Bryant Middle School
- East High School
Utilities
- No Cooling
- Central Heating
- Natural Gas Connected
Community Details
- No Home Owners Association
- 3 Units
- Plat F Subdivision
Listing and Financial Details
- Assessor Parcel Number 16-05-408-002
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,364 | $641,800 | $215,900 | $425,900 |
| 2023 | $3,276 | $602,500 | $207,500 | $395,000 |
| 2022 | $3,410 | $588,400 | $203,500 | $384,900 |
| 2021 | $2,645 | $413,200 | $165,300 | $247,900 |
| 2020 | $2,701 | $401,700 | $154,500 | $247,200 |
| 2019 | $2,782 | $389,200 | $144,600 | $244,600 |
| 2018 | $2,726 | $371,400 | $144,600 | $226,800 |
| 2017 | $2,704 | $345,100 | $144,600 | $200,500 |
| 2016 | $2,795 | $338,800 | $122,400 | $216,400 |
| 2015 | $2,355 | $270,500 | $108,200 | $162,300 |
| 2014 | $2,191 | $249,700 | $108,200 | $141,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/20/2025 08/20/25 | For Sale | $1,020,000 | -- | $393 / Sq Ft |
Source: UtahRealEstate.com
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Sutherland Title | |
| Interfamily Deed Transfer | -- | Sutherland Title | |
| Warranty Deed | -- | Sutherland Title | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Metro National Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $532,000 | Purchase Money Mortgage | |
| Previous Owner | $337,500 | New Conventional | |
| Previous Owner | $544,185 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $146,250 | No Value Available |
Source: Public Records
Similar Homes in Salt Lake City, UT
Source: UtahRealEstate.com
MLS Number: 2106356
APN: 16-05-408-002-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Licensor is only providing the MLS Content and not other sources of data provided in the Product.
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc.. 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.
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