Address
538 N Colorado St W, Salt Lake City, UT
Price
$ 699,000
Property Attributes
- MLS#2183166
- TypeMulti-Family
- Listing Status Active
- CountySALT LAKE
- CitySalt Lake City
- AreaSalt Lake City
- NeighborhoodOAKLEY
- Zip84116
- StyleUp And Down
- Year Built1951
- Taxes$ 1668
- Price$ 699,000
- Bedrooms4
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage2650
- Lot Size0.16 Acres
Data Source:
Wasatch Front Regional MLS (WFRMLS)
Property Description
Great opportunity to own a fourplex on a residential street in a quiet Salt Lake County neighborhood. Two of the four units have been recently updated, with additional opportunity to increase rents and improve the property's overall income potential. Located within 10 minutes of Downtown Salt Lake City with convenient access to the airport, the location creates strong rental demand and helps make these units easy to rent. Priced to sell and currently one of the most affordable fourplexes in Salt Lake County, this is a great opportunity for an investor looking to add a solid multifamily asset with plenty of upside to their portfolio.
| Elementary School | Middle School | High School |
|---|---|---|
| Backman Elementary School | Northwest Middle School | Marilyn Treshow High School |
| Price History | |
|---|---|
| 9/4/2026 | Listed $699,000 |
General Features
| Living Area | 2650.0 |
|---|---|
| Sewer | Sewer: Connected,Sewer: Public |
| Heating | Wall Furnace |
| Utilities | Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected |
| Roof | Asphalt |
| Zoning | Multi-Family |
| Patio/Porch Features | Porch: Open |
| Architectural Style | Up And Down |
| Construction Materials | Brick,Concrete |
| Year Built | 1951 |
| Topography | Curb & Gutter,Sidewalks,Sprinkler: Auto-Part,Terrain,Flat,Wooded |
| Property Subtype | Quadruplex |
| Current Use | Residential |
| Ownership | Agent Owned |
| County | Salt Lake |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | OAKLEY |
| Garage Y/N | No |
| Status | Active |
| High School | Marilyn Treshow |
| City | Salt Lake City |
| Senior Community Y/N | No |
| High School District | Salt Lake |
| Zoning Description | R17000 |
| Open Parking Spaces | 4.0 |
| Number Of Units Total | 4 |
| MLS Area | Salt Lake City; Rose Park |
| Lot Size Units | Acres |
| Lot Size Square Feet | 6969.6 |
| Carport Y/N | No |
| Listing Terms | Cash,Conventional,FHA,VA Loan |
| Elementary School | Backman |
| Property Attached Y/N | No |
| Tax Annual Amount | 1668.0 |
| Home Warranty Y/N | No |
| Middle/Junior High School | Northwest |
| Property Condition | Blt./Standing |
| Lease Considered Y/N | No |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Middle/Junior School District | Salt Lake |
| Elementary School District | Salt Lake |
| PostalCity | Salt Lake City |
| ADU | No |
Interior Features
| Interior Amenities | Range/Oven: Free Stdng. |
|---|---|
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Total Bedrooms | 4 |
| Total Baths | 4 |
Exterior Features
| Exterior Amenities | Porch: Open |
|---|---|
| Vegetation | Mature Trees |
| Parking Features | Parking: Uncovered |
| Lot Features | Curb & Gutter,Sidewalks,Sprinkler: Auto-Part,Wooded |
| Water Source | Culinary |
| Total Parking | 4.0 |
| Lot Size Area | 0.16 |
| Spa | No |
| Building Area Total | 2650.0 |
| Lot Dimensions | 0.0x0.0x0.0 |
| Lot Size Acres | 0.16 |
| Frontage Length | 0.0 |
| Private Pool | No |
| Waterfront Y/N | No |
| RV Parking Dimensions | 0.00 |
| Horse Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 84116
Price
Taxes
Year Built
Visits
Wasatch Front Regional MLS - Salt Lake Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties
