For sale · South Salt Lake

$1,200,000

3135 S 200 E, South Salt Lake, UT

8 bedrooms4 bathrooms3,328 square feet

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8bedrooms
4bathrooms
3,328square feet
0.18acre lot
1973year built

The story

About this home.

About this home

Don't miss this rare chance to acquire a true legal conforming 4-plex with assumable seller financing at 5.5%. All four units are 2BD/1BA at 832 sq ft each, generating $6,135/month in gross rental income. The seller financing is an all-inclusive trust deed on an existing note amortized over 30 years with a balloon due October 31, 2030 - a qualified buyer with approximately $428,000 down steps directly into the note and locks in below-market financing on day one. The property has been comprehensively updated in the last three years: new roof, new furnaces and A/C units, brand new kitchens with granite countertops and soft-close cabinetry, new appliances and washer/dryers in every unit, new tile bathrooms, new electrical panels, and a full french drain. All four units have separate gas and electric meters, covered carport parking, and full laundry hookups. There is zero deferred maintenance and no capital improvements on the horizon - just clean, stable cash flow in a strong Salt Lake rental market. Always full occupancy. DO NOT DISTURB TENANTS. Make offers subject to inspection. Call listing agent prior to writing offer. Square footage per appraiser measurement - buyer to verify all information.

Home facts

Status
Active
Type
Residential
Built
1973
Lot
0.18 acres
Living area
3,328 sq ft
ZIP code
84115

Listing courtesy of Real Broker, LLC, Joe Pierson, 855-450-0442.

Presented by Real Broker, LLC.

Based on information from UtahRealEstate.com as of 2026-11-08. 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.

IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

What it costs a month.

Your estimated payment

$6,503/mo

  • Principal and interest $6,503

Rate starts at Freddie Mac's weekly 30-year average (2026-11-05) · $960,000 · An estimate only, not a loan offer. Property taxes and insurance are extra; a lender gives you real figures.

Where it is.

See it in person

Your next step starts here.

Darian Olson
Darian OlsonTransaction Coordinator and Office Manager
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Real Broker, LLC

Your next move starts here.The Luxury Agency is Parry Dean Ward's real estate team at Real Broker, LLC, based in Salt Lake City, Utah.

165 S Regent St, Salt Lake City, UT 84111