116 B ST, Salt Lake City, UT 84103
$1,200,000
Property Type:
MultiFamily
Square Footage:
3,750
Lot Size (sq. ft.):
7,405
Status:
Active
Current Price:
$1,200,000
List Date:
4/10/2026
Last Modified:
4/10/2026
Description
Turnkey legal four-plex in the highly sought-after Avenues with all units currently occupied, providing immediate cash flow from day one. Zoned Retail/Residential (Mixed-Use), offering additional flexibility and long-term upside. Strong unit mix, off-street parking, and consistent rental demand in a prime central location near downtown, LDS Hospital, the University of Utah, and public transit. Many updates completed over the years, with value-add potential through rent optimization. Ideal for investors or 1031 exchange buyers. Do not disturb tenants. Showings by appointment with proper notice only. Buyer to verify all information.
More Information MLS# 26-271212
Contract Info
Original List Price: 1200000
Short Sale Status: No
Listing Date: 2026-04-10
General Prop Info
Realtor.com: Multi-Family
Lot Acres: 0.17
Hot Tub YN: No
Pool Private YN: No
Pool Community YN: No
# of Buildings: 1
# Floors: 2
Elevators: No
HOA Transfer Fee: No
Year Built: 1891
Number of Units: 4
Total SqFt: 3750
Location, Tax & Legal
Total Taxes: 5590
Tax Year: 2025
List Price/SqFt: 320
Geo Lat: 40.772171
Geo Lon: -111.881685
List Price: $1,200,000
Current Price: $1,200,000
House Number: 116
Street Name: B
Street Suffix: ST
MLS Area: Outside Area
State/Province: UT
Postal Code: 84103
County: Salt Lake
Tax ID: 09-31-451-005
Remarks & Misc
Public Remarks: Turnkey legal four-plex in the highly sought-after Avenues with all units currently occupied, providing immediate cash flow from day one. Zoned Retail/Residential (Mixed-Use), offering additional flexibility and long-term upside. Strong unit mix, off-street parking, and consistent rental demand in a prime central location near downtown, LDS Hospital, the University of Utah, and public transit. Many updates completed over the years, with value-add potential through rent optimization. Ideal for investors or 1031 exchange buyers. Do not disturb tenants. Showings by appointment with proper notice only. Buyer to verify all information.
Construction
Brick: 1
Stucco: 1
Separate Meters
Electric: 1
Zoning
Business: 1
Mixed Zoning: 1
Multi-Family: 1
Residential: 1
Garage/Carport
Carports: 1
Carport Spaces: 4
Terms of Sale
1031 Exchange: 1
Cash: 1
Conventional: 1
Seller Financing: 1
Roof
Asphalt: 1
Heating
Electric: 1
Air Conditioning
Central Air: 1
Showing Instructions
Call Listing Agent: 1
Possession
Close Of Escrow: 1
Status Change Info
Status: Active
Property Features
Construction: Brick; Stucco
Separate Meters: Electric
Roof: Asphalt
Heating: Electric
Air Conditioning: Central Air
Showing Instructions: Call Listing Agent
Zoning: Business; Mixed Zoning; Multi-Family; Residential
Terms of Sale: 1031 Exchange; Cash; Conventional; Seller Financing
Possession: Close Of Escrow
Listing Office:
EXP REALTY LLC (So Utah)
Last Updated: April - 10 - 2026
Information deemed reliable but not guaranteed.