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230 N 900 W photo 11 / 17
Single Family

$400,000

230 N 900 W, Salt Lake City, UT 84116

Type

SFR

List Price

$400,000

Price/Sqft

$188

Est Gross Yield

6.9%

$27,576/yr est.

Property Details

Property typeSingle Family
Year built1902
Total units1
Living area2,128 sqft
Bedrooms4
Bathrooms2
Lot size0.11 acres
Parking2 spaces
Days on market74
Listed2026-04-19T00:00:00+00:00

Description

Wonderful opportunity to own a single-family home near downtown Salt Lake City at a highly competitive price per square foot with strong long-term upside potential. This 4-bedroom, 2-bath home offers approximately 2,128 SqFt on a 0.11-acre lot and presents an excellent opportunity for owner-occupants, investors, renovators, or buyers seeking to build equity in one of Salt Lake City's evolving west-side corridors. Located in the Fairpark neighborhood, the property is positioned minutes from Downtown Salt Lake City and moments from some of the area's most recognized local destinations, including Rancho Market on the next block, Red Iguana, the North Temple TRAX Station, The Gateway, the Salt Palace Convention Center, the Utah State Fairpark, Smith's, and many additional grocery stores, restaurants, and everyday amenities. The location also offers convenient access to commuter routes and multiple nearby schools, including West High School, located within approximately one mile. The Fairpark and North Temple corridor continue to experience significant redevelopment, infrastructure investment, and urban transformation, including nearby large-scale planning and investment activity in the west-side and Power District areas. Growing interest in the corridor continues to attract homeowners, developers, and long-term investors seeking proximity to downtown, public transit, entertainment districts, and future growth opportunities. This property offers flexibility for a variety of buyer profiles, including first-time buyers seeking an entry point near downtown, buyers looking for multigenerational living potential, or investors exploring value-add opportunities in a rapidly evolving area. For investors seeking additional underwriting context, the listing agent can provide a market analysis addressing comparable sales, area redevelopment activity, and potential value-add considerations. Salt Lake City documentation reflects substantial documented repairs and improvements completed in 2019, including items associated with roof replacement, new main sewer line, plumbing systems, water heater, windows, kitchen, bathrooms, drywall/paint, and related improvements. Documentation also reflects a Salt Lake City building permit and certificate of occupancy connected to this work. Buyer to review all available records and independently verify scope, condition, permits, and completion. Square footage figures are provided as a courtesy estimate from county records. Buyer is advised to obtain an independent measurement and verify all information.

Listed by Carol Granata Sancho · Presidio Real Estate (South Valley)

Location

230 N 900 W, Salt Lake City, UT 84116

Proforma

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Cap Rate

4.58%

Cash-on-Cash

-0.25%

Cash Flow

-$31/mo

Purchase Price$400,000
Down Payment35% ($140,000)
Interest Rate6.00%
Monthly Rent$2,298/mo
Vacancy5%
Expense Ratio30% ($7,859)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 7/2/2026, 12:20:26 AM. 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.