PEARSON & ASSOCIATES

Stories: 2

116 N B ST E

Salt Lake City, UT 84103

MLS#: 2130517

$1,200,000

Status: Active
Listing number: 2130517
Listing provided by: EXP Realty, LLC
Listing agent phone: None
Last update: 3 months ago
On site: 3 months ago
Browse Properties
Main image without alt text

Property

Beds

6

Full Baths

None

1/2 Baths

None

Year Built

1891

Sq.Footage

3,750

Turnkey legal four-plex in the highly sought-after Avenues with all units currently occupied, providing immediate cash flow from day one. Zoned Retail/Residential (Mixed-Use), offering additional flexibility and long-term upside. Strong unit mix, off-street parking, and consistent rental demand in a prime central location near downtown, LDS Hospital, the University of Utah, and public transit. Many updates completed over the years, with value-add potential through rent optimization. Ideal for investors or 1031 exchange buyers. Do not disturb tenants. Showings by appointment with proper notice only. Buyer to verify all information.

Features & Amenities

Interior

  • Total Bedrooms

    6

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Hot Water, Radiant

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick, Stone, Stucco

  • Other Exterior Features

    Balcony, Lighting

  • Pool

    No

Area & Lot

  • Lot Features

    Private

  • Lot Size(acres)

    0.17

  • Lot Size(square feet)

    7405.2

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

  • Architectural Style

    Stories: 2

Price

  • Sales Price

    $1,200,000

  • Tax Amount

    $5,590

  • Zoning

    RMF-35

  • Sq. Footage

    3, 750

  • Price/SqFt

    $320

HOA

  • Association

    No

School District

  • Elementary School

    Salt Lake

  • Middle School

    Bryant

  • High School

    West

Property Features

  • New Construction

    NO

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Salt Lake

Elementary School

Salt Lake

Middle School

Bryant

High School

West

Listing Courtesy of Tobin Prince , EXP Realty, LLC

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Micah Pearson

Principal Broker

Micah Pearson

Call Micah today to schedule a private showing.

(801) 225-7272

micahpearson@gmail.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Turnkey legal four-plex in the highly sought-after Avenues with all units currently occupied, providing immediate cash flow from day one. Zoned Retail/Residential (Mixed-Use), offering additional flexibility and long-term upside. Strong unit mix, off-street parking, and consistent rental demand in a prime central location near downtown, LDS Hospital, the University of Utah, and public transit. Many updates completed over the years, with value-add potential through rent optimization. Ideal for investors or 1031 exchange buyers. Do not disturb tenants. Showings by appointment with proper notice only. Buyer to verify all information.

116 N B ST E

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Summit Realty Utah via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Related Properties

New on site 1 day ago
High-Yield Avenues Triplex: A Masterclass in Operational Efficiency: In the 2026 market, sophisticated investors are trading volatility for functional efficiency. This 1916 Avenues triplex is a rare defensive asset, boasting a 100% occupancy rate and a lean expense profile that prioritizes your bottom line. The property includes three tastefully updated and fully leased units: two 1-bedroom/1-bath units and one 2-bedroom/1-bath unit. The Hero Feature: Optimized Expense Ratio: Unlike older builds plagued by high overhead, this asset is a model of climate resilience and fiscal control. Operating expenses are kept remarkably low covering essential taxes and insurance-while tenants handle individual utilities via separate gas and power meters. This "loss aversion" setup protects you from the rising utility costs that are eroding margins elsewhere. Strategic Upside & Artisan Appeal: Immediate Cash Flow: Delivering a Gross Operating Income over $51,000 annually. The "Enclave" Edge: The upper-level unit's dedicated "at-home escape" study ensures high-demand professional interest in a neighborhood with tightening supply. Future-Proof Terms: All units are on month-to-month leases, providing the ultimate flexibility to capture 2026's trending rent growth. Asset Resilience: Situated on a prime corner lot with a 0.15-acre footprint, this property includes essential 2026 amenities: a long driveway, dedicated storage for every unit, and a "wellness-focused" location near the serene trails of City Creek Canyon. Own a piece of the Avenues that isn't just a building, but a high-performance financial engine. A turnkey investment with proven performance and room to grow.
#2157325

Salt Lake City

86 N F ST

4 Beds

None Baths

2,944 Sq.Ft.

$995,000

MLS#: 2157325

Gorgeous view of the Capital, Park, Mountains, & Valley, this REMODELED Triplex + Studio INTERIOR has been recently RENOVATED & UPDATED from the Studs Up! 2023 NEW- Plumbing, New Electrical, double pane Windows, Walls, Fixtures, HVAC, Lighting, Appliances & more finished with required permits! "Don't Judge A Book By It's Cover!" The Exterior still could use some paint & updates, but the value that has been added to this interior is great investment! The hardest part is done! Approved as a Legal non-conforming Triplex + Studio Apt w Separate Basement Entrance. RENTAL INCOME as much as $6620 per month. Largest Unit #40 Rent $2520 is (easy vacant for showings) has studio apt with 7th Room (non-egress). Unit #42 Rents $1800 has tenants., Unit #44 Rents $2300 Furnished (bottom west side). Tenant occupied units need at least 24 Hr notice. Please don't bother tenants. Buyer to verify all. Square footage figures are provided as a courtesy estimate only and were obtained from County . Buyer is advised to obtain an independent measurement.
#2154730

Salt Lake City

42 W 500 N

6 Beds

None Baths

2,688 Sq.Ft.

$1,069,000

MLS#: 2154730

This multi-unit property was originally built as an elderly care facility that required overhead water sprinklers, which are still in place. Currently, the property is licensed and used as a single-room boarding home with multiple tenants. There is one 2-bedroom apartment and a 1-bedroom apartment on the main. Both have kitchens. The 2-bedroom apartment has a 3/4 bath, and the 1-bedroom has a full bath. One of the 1-bedroom units has a 1/2 bath; the other 7 rooms share two common baths. Upstairs, there are 2 common full bathrooms and a common area kitchen. THIS PROPERTY IS PERFECT "AS IS" OR CAN BE DEVELOPED INTO AN AIRBNB, HOSTEL, GROUP HOME, OR APARTMENT HOMES! THE BOILER IS A COUPLE OF YEARS OLD AND HIGHLY EFFICIENT. THE ROOF IS IN EXCELLENT CONDITION.
#2154089

Salt Lake City

157 S 800 E

10 Beds

None Baths

5,989 Sq.Ft.

$975,000

MLS#: 2154089

Great Sugarhouse location. 6 unit building with off street parking. Large oversized lot with additional investment potential. Due to long term tenants rents below market rate with large upside. PLEASE DO NOT DISTURB TEANANTS, UNAWARE OF SALE. Please call agent with any questions. Square footage figures are provided as a courtesy estimate only and obtained from quick measurement. Buyer advised to obtain an independent measurement.
#2153637

Salt Lake City

1019 E 1700 S

6 Beds

None Baths

5,215 Sq.Ft.

$1,200,000

MLS#: 2153637

Fantastic investment opportunity in the heart of Salt Lake City, just minutes from Liberty Park! Whether you're looking to expand your portfolio or live in one unit while renting the other, this is a rare opportunity in a high-demand area. This well-located duplex at 1326 S. Green Street offers strong rental potential and long-term upside in one of the city's most desirable neighborhoods. Each unit provides comfortable living space with functional layouts, making it ideal for both tenants and owner-occupants. The property also features a unique value-add opportunity, with a currently used bakery structure in the backyard that may offer potential for conversion into a third unit, with utilities already in or nearby (buyer to verify). Situated on a quiet street with easy access to parks, restaurants, downtown, and major transportation routes, this property combines convenience with neighborhood charm. Don't miss your chance to own a versatile property in a prime location.
#2152976

Salt Lake City

1326 S GREEN ST

5 Beds

None Baths

2,730 Sq.Ft.

$974,900

MLS#: 2152976

Opportunities like this tend to reveal their value over time. What feels like a considered investment today often becomes, in hindsight, the decision you're most grateful you made. Offered here is a rare chance to own a thoughtfully situated duplex in Emigration Canyon -- an area where demand is driven as much by feeling as it is by location. Surrounded by scrub oaks and the quiet pace of nature, this mid-century property offers a living experience that continues to resonate deeply with renters seeking something beyond the ordinary.Properties like this don't rely on trends -- they endure. And in a market where lifestyle-driven locations hold their value, this is an opportunity to invest in both place and longevity. If you'd like more information or to explore the property further, I'd be happy to connect. A drive-by offers a sense of the setting -- just a short, scenic route up the canyon from Salt Lake, or under 20 minutes from Summit Park.Kindly respect the tenants' privacy and do not disturb.
#2151045

Salt Lake City

6715 E QUARTER MILE RD

6 Beds

None Baths

2,672 Sq.Ft.

$1,100,000

MLS#: 2151045

Turnkey legal four-plex in the highly sought-after Avenues with all units currently occupied, providing immediate cash flow from day one. Zoned Retail/Residential (Mixed-Use), offering additional flexibility and long-term upside. Strong unit mix, off-street parking, and consistent rental demand in a prime central location near downtown, LDS Hospital, the University of Utah, and public transit. Many updates completed over the years, with value-add potential through rent optimization. Ideal for investors or 1031 exchange buyers. Do not disturb tenants. Showings by appointment with proper notice only. Buyer to verify all information.
#26-271212

Salt Lake City

116 B ST

None Beds

None Baths

3,750 Sq.Ft.

$1,200,000

MLS#: 26-271212

Price reduced
This multi-family property is located in Salt Lake's highly desirable Avenues neighborhood, positioned on a prominent corner lot with convenient access to downtown, the University of Utah, area parks, dining, and the region's extensive trail systems. The property is currently configured as six conforming units within a single structure, consisting primarily of studio and one-bedroom layouts. The asset offers immediate income with continued demand driven by its exceptional location. The structure itself is in original condition and will require significant updating, presenting a clear opportunity for a future owner to renovate, reposition, or evaluate alternative long-term strategies for the site. Buyers are encouraged to conduct their own due diligence regarding potential improvements, redevelopment considerations, and any requirements associated with the property's historic designation. Additional features include open off-street parking at the rear of the property, ample surrounding street parking, mature landscaping, and shared laundry and storage areas. This is a rare opportunity to acquire a well-located parcel in one of the City's most consistently sought-after neighborhoods, offering both in-place income and the potential to reimagine the property over time.
#2149423

Salt Lake City

135 B ST

3 Beds

None Baths

3,000 Sq.Ft.

$985,000

MLS#: 2149423

Price reduced
Rare opportunity to acquire a 4-unit income property in one of the area's most sought-after neighborhoods. Two units have already been renovated, with a clear path to maximize the remaining upside. The property started as a single family house with mother-in-law suite and later expanded with a 3-plex on the same lot. All 3 units are 2 bed/1 bath, main house is 4 bed 2 bath. Value Add: renovate the third unit, then repurpose the main house as a full 4 bed/2 bath rental. Projected rents: $7,200/month | $86,400 annually in a neighborhood where demand keeps vacancy virtually nonexistent. Owner-occupant and house-hack potential as well. *Agent is an owner of this property
#2148560

Salt Lake City

1810 S 800 E

10 Beds

None Baths

4,623 Sq.Ft.

$1,200,000

MLS#: 2148560

Outstanding 6 Unit Apartment in Fantastic Downtown location. Vintage 1900's Charm with Fully Updated Units. Updated Kitchens & Bathrooms. Quick Access and less than 1.5 Miles to U of U, Downtown, Shopping. Coin Operated Shared Laundry. Anytime a new unit is available, it's been rented within 24 hours. 100% occupancy rate for the entire ownership. Easy to Rent making it a great investment property. Please do not disturb tenants. Square footage figures are provided as a courtesy estimate only . Buyer is advised to obtain an independent measurement.
#2140293

Salt Lake City

732 E 100 S

7 Beds

None Baths

3,849 Sq.Ft.

$1,425,000

MLS#: 2140293

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Summit Realty Utah via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

I agree to receive communications and understand I can unsubscribe at any time.

I agree to be contacted by Summit Realty Utah via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service