Utah
Salt Lake City
1116 E 400 S

$999,900

1116 E 400 S, Salt Lake City, UT 84102

5 beds |
4 baths |
2,596 sqft

Triplex
Built in 1941
5,663sqft lot
2 car garage
$385/sqft
Listed 1 month ago

Property Description

Discover a rare investment opportunity in the heart of Salt Lake City with this updated and well-maintained triplex featuring 5 bedrooms and 3.5 bathrooms. Ideally located just minutes from the University of Utah, downtown, shopping, and public transit, this property offers both convenience and long-term rental appeal. The upstairs unit is spacious enough to be owner-occupied, while the two lower-level units provide excellent income potential. With a history of reliable, long-term tenants, this property has already proven its value as a consistent rental. Recently updated in 20212022, the triplex has been carefully maintained, blending modern upgrades with lasting durability. Additional features include a dual garage plus storage space, offering both functionality and convenience. Although the neighborhood is now zoned for single-family homes, this property was legally converted into a triplex prior to the zoning change and is a legal nonconforming triplex, making it a rare and valuable find in this area.

Listing Status:: Active
Date Added:: August 18, 2025 at 06:00AM
Listing Office:: Equity Real Estate (Select) : 801-589-5800
Listing Agent:: Katie Thompson : 801-725-8389
MLS ID:: 2106356

General: Basement ApartmentBath: PrimaryDisposalKitchen: UpdatedMother-in-Law Apt.Range/Oven: Free Stdng.Dishwasher: Built-In
Laundry: Electric Dryer HookupGas Dryer Hookup
Flooring: CarpetHardwood
Heating: ElectricGas: Central
Fireplace: Insert

General: Basement EntranceDouble Pane WindowsEntry (Foyer)Walkout
Style: Stories: 1
Parking: Parking spaces: 2

Roofing: Asphalt
Windows: BlindsDrapes
General: Blt./Standing

Originating MLS: UtahRealEstate.com
School District: Salt Lake
County: Salt Lake

Topography: Curb & GutterFenced: PartRoad: PavedSidewalksSprinkler: Auto-FullTerrain: Grad SlopeView: Valley
Landscaping: Fruit TreesLandscaping: Full
Zoning: Single-Family16-05-408-002
View: ValleyView
Current Use: Residential

Utilities: Natural Gas ConnectedElectricity ConnectedSewer ConnectedSewer: PublicWater Connected
Water: Culinary
Sewer: Sewer: ConnectedSewer: Public

Source: UtahRealEstate.com

This listing courtesy of Katie Thompson, Equity Real Estate (Select)

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

M. Lynn Bennion School

429 S 800 E, Salt Lake City, UT, 84102

Grades PK-6

0.45 miles away

Salt Lake Center for Science Education Bryant

40 S 800 E, Salt Lake City, UT, 84102

Grades 7-8

0.78 miles away

East High School

840 S 1300 E, Salt Lake City, UT, 84102

Grades 9-12

0.68 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.