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8 Beds
4 Baths
3,328 sqft

$1,200,000

3135 S 200 E, South Salt Lake UT, 84115

Price per sqft$360.58
Built in1973
Property size3,328 sqft
Property typeMulti-family

Overview

Active

Listed Apr 27, 2026

Updated 9 days ago

Don't miss this rare chance to acquire a true legal conforming 4-plex with assumable seller financing at 5.5%. All four units are 2BD/1BA at 832 sq ft each, generating $6,135/month in gross rental income. The seller financing is an all-inclusive trust deed on an existing note amortized over 30 years with a balloon due October 31, 2030 - a qualified buyer with approximately $428,000 down steps directly into the note and locks in below-market financing on day one. The property has been comprehensively updated in the last three years: new roof, new furnaces and A/C units, brand new kitchens with granite countertops and soft-close cabinetry, new appliances and washer/dryers in every unit, new tile bathrooms, new electrical panels, and a full french drain. All four units have separate gas and electric meters, covered carport parking, and full laundry hookups. There is zero deferred maintenance and no capital improvements on the horizon - just clean, stable cash flow in a strong Salt Lake rental market. Always full occupancy. DO NOT DISTURB TENANTS. Make offers subject to inspection. Call listing agent prior to writing offer. Square footage per appraiser measurement - buyer to verify all information.

$7,984/mo

Est. mortgage payment based on a $1,200,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2153631

Interior Features

Bedrooms
8
Bathrooms
4
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.18 Acres

Other Property Details

Taxes
$6,751
Tax Frequency
Annually
View
Yes
55+/Senior Community
No

Courtesy of Real Broker, LLC

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 3:17 AM UTC, 10/2/2026. 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 deemed reliable but not guaranteed and should be independently verified. Properties may or may not be listed by the office/agent presenting the information. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Florencia Barrera shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2026 Wasatch Front Regional MLS, Inc. All rights reserved.

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