369 S 1000 E
Salt Lake City, UT 84102
- 8 beds
- 8 baths
- 5,960 sqft
- 8,712 sqft lot
- $385 per sqft
- 1961 build
369 South 8-Plex | 8 Units | Heart of Salt Lake City - Adjacent to University of Utah & Downtown Salt Lake City | Renovated In 2022 | 100% Occupancy 369 S 1000 E, Salt Lake City, UT $2,300,000 Purchase Price 5.92% Cap Rate $136,046.57 Net Operating Income $1,646 Average Lease Rate (Per Unit) 100% Occupancy Peterson Team is proud to present an exceptional multifamily investment opportunity, this recently renovated 8-plex property is located in the highly sought-after University neighborhood, directly adjacent to the University of Utah. Offering an attractive combination of proximity to both educational and transportation hubs, this property benefits from its location near a TRAX station, making it an excellent choice for tenants who desire easy access to downtown Salt Lake City, just minutes away. CALL FOR OFFERS: MARCH 27, 2025 If you'd like to receive an Offering Memorandum, reach out to me directly! Description: New water heaters and HVAC systems New driveway and front porch New LVP flooring New washer and dryer Security system with cameras New padlocks and doors Exterior paint Roof replaced within the last 5 years High Demand Area: Prime location near the University of Utah, with easy access to TRAX and downtown Salt Lake City, ensuring strong tenant demand and consistent rental income Two (2) 2 bedroom 1 bath Six (6) 1 bedroom 1 bathroom Each unit includes dishwasher, stove/oven, fridge, & washer/dryer 2022 New Water heaters and HVAC 2022 New Driveway / Front Porch 2022 New Padlocks and Door 2022 Exterior Paint Updated LVP Flooring HIK Vision Security System Camera Roof recently replaced 1 Parking Stall Per Tenant New Trex Boards on Deck Google Fiber All units separately metered (gas/electric)
Last checked:
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Last updated Mar 11, 2025
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MLS# 2068439 —
The Building
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Year Built:1961
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Year Built Effective:2000
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New Construction:false
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Construction Status:Blt./Standing
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Architectural Style:Stories: 2
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Exterior Features:Porch: Open
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Patio And Porch Features:Porch: Open
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Window Features:Blinds
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Accessibility Features:Accessible Electrical and Environmental Controls,Ground Level
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# of Units Total:8
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Building Area Total:5960.0
Interior
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Interior Features:Range/Oven: Built-In,Video Camera(s)
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Flooring:Laminate
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Fireplace:false
Room Dimensions
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Living Area:5960.0
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Living Area Units:Square Feet
The Property
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View:false
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Parcel Number:16-05-402-016
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Property Type:Residential
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Property Subtype:> 4 Units
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Property Condition:Blt./Standing
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Zoning:Multi-Family
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Zoning Description:RMF-30
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Current Use:Residential
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Waterfront:false
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Horse:false
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Lot Size Acres:0.2
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Lot Size Area:0.2
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Lot Size Dimensions:0.0x0.0x0.0
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Lot Size SqFt:8712.0
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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:8465.0
Beds
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Bedrooms Total:8
Baths
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Baths:8
Heating & Cooling
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Heating:false
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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
Schools
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Elementary School:None/Other
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Middle Or Junior School:None/Other
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High School:None/Other
The Community
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Subdivision Name:PLAT F
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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:false
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Open Parking Spaces:8.0
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Parking Total:8.0
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 |
|---|---|---|---|---|
|
3/6/25
Mar 6, 2025
|
Listed / Active | WFRMLS | $2,300,000 |
