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3382 S 200 E photo 11 / 22

$899,000

3382 S 200 E, South Salt Lake, UT 84115

Units

4

Price/Unit

$224,750

Price/Sqft

$211

Est Gross Yield

7.9%

$71,424/yr est.

Property Details

Property typeFourplex
Year built1976
Total units4
Living area4,264 sqft
Bedrooms8
Bathrooms5
Lot size0.28 acres
Parking8 spaces
Days on market2
Listed2026-07-27T00:00:00+00:00

Unit Mix

TypeCountBedsBathsSqftRent/Mo
2BR / 1BA1211,046$1,450/mo
2BR / 1BA1211,046$1,500/mo
2BR / 1BA1211,046$1,260/mo
2BR / 1BA1211,046$1,445/mo
Total4844,184$5,655/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

NO SIGN on the property. Please do not solicit tenants. You may drive by before making an offer and Subject to Inspection. This fully leased all brick 4-plex in South Salt Lake offers a great opportunity for investors looking to grow their portfolio in a PRIME location for rental growth. With easy access to both I-15 and I-80, tenants enjoy seamless commutes across the Salt Lake Valley and up into the canyons for outdoor adventure. Plus, Sugarhouse and Downtown Salt Lake City are just minutes away, offering an abundance of dining, shopping, and entertainment! Each of the four 1,000+ sq ft units features 2 bedrooms, 1.25 bathroom (a vanity in the main bedroom), very open and spacious floor plan and in-unit laundry hookup for maximum tenant convenience. upper level units have a deck area and lower units have a covered patio space. Each unit has a designated covered carport, more open parking space onsite plus a lot of parking spaces on the 200 east. New roof was in year 2011. All units have their own central AC & furnace systems. The front building has a fully fenced shared yard with automatic sprinkler system. Three out of four units have more recent updates such as newer counter-top, newer SPC flooring & newer appliances. All separate power & gas meters, separate water heaters. Whether you're an experienced investor or looking to get started with a great property, this one is hard to beat. With all units currently leased, you can step right into ownership and start generating income immediately - all in one of the fastest-growing areas of Salt Lake County. Subject to cooperation of the 1031 Exchange.

Listed by Jim Wu · Coldwell Banker Realty (Union Heights)

Location

3382 S 200 E, South Salt Lake, UT 84115

Proforma

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Cap Rate

5.28%

Cash-on-Cash

1.62%

Cash Flow

$455/mo

Purchase Price$899,000
Down Payment35% ($314,650)
Interest Rate6.00%
Monthly Rent$5,952/mo
Vacancy5%
Expense Ratio30% ($20,356)

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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 7/29/2026, 4:56:14 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.