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485 E 4TH N AVE photo 11 / 36

$235,000

485 E 4TH N AVE, Salt Lake City, UT 84103

Type

Condo

List Price

$235,000

Price/Sqft

$565

Est Gross Yield

5.6%

$13,116/yr est.

Property Details

Property typeCondo
Year built1955
Total units1
Living area416 sqft
Bedrooms0
Bathrooms1
Lot size0.01 acres
Parking1 spaces
Days on market0
Listed2026-07-16T00:00:00+00:00

Description

Stylish studio condo in the Babcock House on 4th Avenue. Perfectly situated in the Avenues for quick access (bikeable) to downtown, the University of Utah, Huntsman Cancer, University Hospital and Research Park. Enjoy a walk-in closet and beautiful wood space-saving murphy bed - which when retracted creates a spacious living area by day. The full bathroom has tiled floors and a tub/shower combo. The kitchen has been updated with granite countertop, stylish cabinetry and a center island for cooking and 2 bar stool seating. Large windows provide great natural light and fresh paint makes this studio condo so inviting. Perfect for the university student or professional working at the nearby hospitals , university or downtown. The Babcock building only has 6 units provides off-street parking and 4th Ave is a beautiful tree-lined street. A must see. Owner Agent.

Listed by Leslie Neebling · Coldwell Banker Realty (Salt Lake-Sugar House)

Location

485 E 4TH N AVE, Salt Lake City, UT 84103

Proforma

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Cap Rate

3.71%

Cash-on-Cash

-2.57%

Cash Flow

-$189/mo

Purchase Price$235,000
Down Payment35% ($82,250)
Interest Rate6.00%
Monthly Rent$1,093/mo
Vacancy5%
Expense Ratio30% ($3,738)

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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 7/16/2026, 11:59:38 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.