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395 E WELBY AVE, South Salt Lake, UT 84115
$775,000
395 E WELBY AVE, South Salt Lake, UT 84115
Units
4
Price/Unit
$193,750
Price/Sqft
$318
Est Gross Yield
7.1%
$55,296/yr est.
Property Details
Unit Mix
| Type | Count | Beds | Baths | Sqft | Rent/Mo |
|---|---|---|---|---|---|
| 1BR / 1BA | 4 | 1 | 1 | 610 | $1,100/mo |
| Total | 4 | 4 | 4 | 2,440 | $4,400/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
This well-maintained fourplex at 385397 E Welby Ave offers a strong investment opportunity with four 1-bedroom, 1-bath units. Two units have been fully renovated with modern upgrades including new cabinets, countertops, flooring, fixtures, and updated bathrooms, while a third unit has been lightly renovated and remains in excellent condition. Each unit features central air, updated windows, washer/dryer hookups, and newer appliances, providing comfort and convenience for tenants. Situated in a desirable location, this property combines solid rental appeal with recent improvements, making it an attractive addition to any portfolio or a great first time 4-plex. Please call with any questions. Jacob Nielson (435) 851-0951.
Listed by Jacob S Nielson · Newmark Mountain West
Location
395 E WELBY AVE, South Salt Lake, UT 84115
Proforma
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Cap Rate
4.74%
Cash-on-Cash
0.18%
Cash Flow
$44/mo
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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 6/23/2026, 3:10:50 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.