About 3135 S 200 E
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.
Features of 3135 S 200 E
| MLS® # | 2153631 |
|---|---|
| Price | $1,200,000 |
| Bedrooms | 8 |
| Bathrooms | 4.00 |
| Square Footage | 3,328 |
| Acres | 0.18 |
| Year Built | 1973 |
| Type | Residential |
| Sub-Type | Quadruplex |
| Style | Up And Down |
| Status | Active |
Community Information
| Address | 3135 S 200 E |
|---|---|
| Area | Salt Lake City; So. Salt Lake |
| Subdivision | TEN AC PLAT A |
| City | South Salt Lake |
| County | Salt Lake |
| State | UT |
| Zip Code | 84115 |
Amenities
| Utilities | Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected |
|---|---|
| Parking Spaces | 4 |
| Parking | Covered |
| View | Mountain(s) |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Laminate |
|---|---|
| Interior Features | Disposal, Kitchen: Updated, Range/Oven: Free Stdng. |
| Heating | Forced Air, Gas: Central |
| Fireplace | No |
Exterior
| Exterior Features | Double Pane Windows, Entry (Foyer), Lighting, Secured Building |
|---|---|
| Lot Description | Curb & Gutter, Sidewalks, Sprinkler: Auto-Full, View: Mountain, Drip Irrigation: Auto-Full |
| Windows | Blinds |
| Roof | Asphalt |
| Construction | Brick |
School Information
| District | Granite |
|---|---|
| Elementary | Lincoln |
| Middle | Granite Park |
| High | Cottonwood |
Additional Information
| Date Listed | April 27th, 2026 |
|---|---|
| Days on Market | 144 |
| Zoning | Single-Family |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Joe Pierson |
|---|---|
| Office | Real Broker, LLC |