MLS #2063314 | 1948 S 700 E, Salt Lake City

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Price Reduced: ↓ $50,000 on February 18th

Quadruplex for Sale

Prime Investment Opportunity in the Heart of Salt Lake City! Don't miss this well-maintained fourplex at 1948-1954 S 700 E, offering excellent rental income potential in a highly desirable location. The property features two spacious 2-bed, 1-bath units (1,100 sq. ft. each) upstairs, renting for $1,500/month, and two cozy 1-bed, 1-bath units (950 sq. ft. each) downstairs, renting for $1,000/month. Each unit has access to two shared laundry areas, adding to tenant convenience. This property has had long-term renters, with rents unchanged for the past 10 years-presenting a significant opportunity for future income growth. Situated on a rare double-sized lot in Sugar House, it is within walking distance to Westminster College and close to public transportation, shopping, and dining. Enjoy stunning mountain views and a prime location in one of Salt Lake City's most sought-after neighborhoods.

Price Insights

Current price
Price per sq ft
Price per finished sq ft

$1,250,000
$321 / square foot
$321 / finished sq ft

16 Days on the Market

Status: Available

Schools, Inclusions, & Exclusions

Dryer, Range, Refrigerator, Satellite Equipment, Storage Shed(s), Washer, Window Coverings, Smart Thermostat(s)
Inclusions are often re-negotiated during contract negotiation.

Gas Grill/BBQ

Salt Lake School District

Elementary: Hawthorne
Middle: Nibley Park
Senior: Highland

The Numbers

Interior :
Style :
Year built :
Lot acres :
Lot sq ft :

3,890 square feet

1953
.60 acres
26,136 square feet

Home Features & Amenities

Features: Basement Apartment, Floor Drains, Countertop Cooking, Built in Range/Oven
Flooring: Carpet, Hardwood, Laminate, Tile, Vinyl
Window Coverings: Blinds
Heating: Forced Air, Central Gas, Gas: Stove
Accessibility: Accessible Electrical and Environmental Controls
Utilities: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected

Lot Size: 0.60 Acres (26, 136 sqft)
Salt Lake County
Lot Info: Corner Lot, Curb & Gutter, Paved Road, Sidewalks, Full Automatic Sprinkler
Subdivision: Rosedale Add

Private Showing

For showing appointments, call Tony Fantis, Realtor^® to view the home at 1948 S 700 E in Salt Lake City. Give Tony Fantis, Realtor^® a call at (801) 541-8806.

1948 S 700 E was listed on Jan 6th, 2025 by Real Broker, LLC, a real estate brokerage.

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