1948 S 700 E
Salt Lake City, UT 84105
- 6 beds
- 4 baths
- 3,890 sqft
- ~1/2 acre lot
- $321 per sqft
- 1953 build
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.
Last checked:
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Last updated Mar 4, 2025
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MLS# 2063314 —
The Building
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Year Built:1953
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Year Built Effective:1959
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New Construction:false
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Construction Status:Blt./Standing
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Construction Materials:Brick,Concrete
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Roof:Asphalt
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Exterior Features:Awning(s),Barn,Lighting,Patio: Covered,Patio: Open
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Patio And Porch Features:Covered,Patio: Open
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Window Features:Blinds
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Accessibility Features:Accessible Electrical and Environmental Controls
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# of Units Total:4
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Building Area Total:3890.0
Interior
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Interior Features:Basement Apartment,Floor Drains,Range: Countertop,Range/Oven: Built-In
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Flooring:Carpet,Hardwood,Laminate,Tile,Vinyl
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Fireplace:false
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Laundry Features:Electric Dryer Hookup
Room Dimensions
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Living Area:3890.0
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Living Area Units:Square Feet
Location
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Cross Street:700
The Property
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View:false
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Parcel Number:16-17-352-006
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Property Type:Residential
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Property Subtype:Quadruplex
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Property Condition:Blt./Standing
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Zoning:Multi-Family
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Zoning Description:1105
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Current Use:Residential
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Topography:Corner Lot, Curb & Gutter, Road: Paved, Sidewalks, Sprinkler: Auto-Full
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Waterfront:false
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Vegetation:Fruit Trees,Landscaping: Full,Mature Trees
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Horse:false
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Lot Features:Corner Lot,Curb & Gutter,Road: Paved,Sidewalks,Sprinkler: Auto-Full
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Lot Size Acres:0.6
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Lot Size Area:0.6
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Lot Size Dimensions:0.0x0.0x0.0
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Lot Size SqFt:26136.0
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Lot Size Units:Acres
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Annual Amount:3553.0
Beds
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Bedrooms Total:6
Baths
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Baths:4
Heating & Cooling
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Heating:true
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Heating:Forced Air,Gas: Central,Gas: Stove
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Cooling:false
Utilities
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Utilities:Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected
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Sewer:Sewer: Connected
Appliances
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Inclusions:Dryer, Range, Refrigerator, Satellite Equipment, Storage Shed(s), Washer, Window Coverings, Smart Thermostat(s)
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Exclusions:Gas Grill/BBQ
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Other Equipment:Storage Shed(s),Window Coverings
Schools
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Elementary School:Hawthorne
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Elementary School District:Salt Lake
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Middle Or Junior School:Nibley Park
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Middle Or Junior School District:Salt Lake
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High School:Highland
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High School District:Salt Lake
The Community
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Subdivision Name:ROSEDALE ADD
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Senior Community:false
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Pool Private:false
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Spa:false
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Association:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Open Parking:true
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Open Parking Spaces:4.0
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Parking Total:4.0
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Parking Features:Parking: Uncovered
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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2/18/25
Feb 18, 2025
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Price Changed | WFRMLS | $1,250,000 | -3.8% |
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2/7/25
Feb 7, 2025
|
Listed / Active | WFRMLS | $1,300,000 |
