About 1116 E 400 S
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.
Features of 1116 E 400 S
| MLS® # | 2106356 |
|---|---|
| Price | $999,900 |
| Bedrooms | 5 |
| Bathrooms | 4.00 |
| Square Footage | 2,596 |
| Acres | 0.13 |
| Year Built | 1941 |
| Type | Residential |
| Sub-Type | Triplex |
| Style | Stories: 1 |
| Status | Under Contract |
Community Information
| Address | 1116 E 400 S |
|---|---|
| Area | Salt Lake City; So. Salt Lake |
| Subdivision | PLAT F |
| City | Salt Lake City |
| County | Salt Lake |
| State | UT |
| Zip Code | 84102 |
Amenities
| Utilities | Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected |
|---|---|
| # of Garages | 2 |
| View | Valley |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Hardwood |
|---|---|
| Interior Features | Basement Apartment, Bath: Primary, Disposal, Kitchen: Updated, Mother-in-Law Apt., Range/Oven: Free Stdng., Dishwasher: Built-In |
| Heating | Electric, Gas: Central |
| Fireplace | No |
| Fireplaces | Insert |
Exterior
| Exterior Features | Basement Entrance, Double Pane Windows, Entry (Foyer), Walkout |
|---|---|
| Lot Description | Curb & Gutter, Fenced: Part, Road: Paved, Sidewalks, Sprinkler: Auto-Full, Terrain: Grad Slope, View: Valley |
| Windows | Blinds, Drapes |
| Roof | Asphalt |
| Construction | Frame |
School Information
| District | Salt Lake |
|---|---|
| Elementary | Bennion (M Lynn) |
| Middle | Bryant |
| High | East |
Additional Information
| Date Listed | August 20th, 2025 |
|---|---|
| Days on Market | 65 |
| Zoning | Single-Family |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Katie Thompson |
|---|---|
| Office | Equity Real Estate (Select) |