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1012 S WEST TEMPLE, Salt Lake City, UT 84101
$849,999
1012 S WEST TEMPLE, Salt Lake City, UT 84101
Units
4
Price/Unit
$212,500
Price/Sqft
$425
Est Gross Yield
8.9%
$75,504/yr est.
Property Details
Unit Mix
| Type | Count | Beds | Baths | Sqft | Rent/Mo |
|---|---|---|---|---|---|
| 1BR / 1BA | 1 | 1 | 1 | 500 | $1,225/mo |
| 1BR / 1BA | 1 | 1 | 1 | 500 | $1,225/mo |
| 1BR / 1BA | 1 | 1 | 1 | 400 | $1,200/mo |
| 1BR / 1BA | 1 | 1 | 1 | 600 | $1,450/mo |
| Total | 4 | 4 | 4 | 2,000 | $5,100/mo |
Unit mix data is reported by the seller or listing agent through the MLS and may be inaccurate or incomplete. Buyers should independently verify all information and conduct their own due diligence before making any investment decisions.
Description
Great fourplex near downtown Salt Lake City location with clean renovations throughout and immediate upside. All units are one bed, one bath with a full kitchen, and every unit has been renovated with new kitchens, updated LVP flooring, fresh interior paint, and modern light fixtures - creating a cohesive, turnkey feel that appeals to tenants and supports long-term performance. The exterior has seen significant improvements as well including a sprinkler system, new windows, new shutters, updated paint, new rain gutters, and refreshed landscaping. Operations are straightforward with separately metered power and gas for each unit, an off-street parking lot in the rear, and an on-site coin-operated washer and dryer providing additional variable income. Zoned RMF-35 and ideally positioned near the Ballpark redevelopment area, the property sits just minutes from downtown with quick access to major freeways, dining, and entertainment. Whether you're an investor looking to stabilize a nearly full asset or an owner-occupant ready to live in a freshly remodeled unit while the others cover your mortgage - opportunities like this don't come around often. Please do not disturb tenants. Buyer to verify all information. One of the owners is a licensed real estate agent. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.
Listed by Kaeden A Faulkner · Doorstep Realty LLC
Location
1012 S WEST TEMPLE, Salt Lake City, UT 84101
Proforma
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Cap Rate
5.91%
Cash-on-Cash
3.28%
Cash Flow
$872/mo
Quick estimates only. Switch to Detailed for full line-item control.
Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.
DISCLAIMER: The information provided on this website, including property details, pricing, projections, and availability, is for informational purposes only and may change without notice. While Canovo Group, LLC strives to maintain accurate and up-to-date information, we do not guarantee its completeness or accuracy. Users should independently verify all information and property details, including availability and any leasing conditions, with the listing agent or property owner before making any decisions. Canovo Group, LLC is not responsible for any errors, omissions, or third-party content and makes no representations or warranties regarding the properties listed. Neither Canovo Group, LLC nor its affiliates are acting as your real estate agent or broker, nor do we represent or endorse any properties or parties unless expressly stated in a separate written agreement. This website is not an offer or solicitation to buy, sell, or lease any property. All transactions are the sole responsibility of the parties involved.
© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 7/16/2026, 1:52:44 PM. 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. Listing data provided by UtahRealEstate.com.