Doorstep Realty LLC

  • $849999
  • $425.00/Sqft
1012 S WEST TEMPLE, Salt Lake City, UT, 84101
  • Quadruplex
  • Property Type
  • 4
  • Bedrooms
  • 4
  • Bathrooms
  • 2000
  • Sq Ft
  • 1897
  • Year Built
For Sale
1012 S WEST TEMPLE, Salt Lake City, UT, 84101
  • $849999
  • $425.00/Sqft

Overview

Property ID: 2147286
  • Quadruplex
  • Property Type
  • 4
  • Bedrooms
  • 4
  • Bathrooms
  • 2000
  • Sq Ft
  • 1897
  • Year Built

Description

Great fourplex in downtown Salt Lake City location with immediate upside and clean renovations throughout. The property was previously generating $5,214 per month across all four units prior to Unit #1 becoming vacant - creating a turnkey move-in or lease-up opportunity for the next owner. Unit #1 has been fully refreshed with new LVP flooring, fresh paint, an updated bathroom vanity, and brand new stainless steel appliances. Re-leasing Unit #1 brings the property right back to its prior income on day one. All units are one bed, one bath with a full kitchen, and every unit has been renovated with new kitchens, updated LVP flooring, fresh interior paint, and modern light fixtures - creating a cohesive, turnkey feel that appeals to tenants and supports long-term performance. The exterior has seen significant improvements as well, including new windows, shutters, updated paint, new rain gutters, and refreshed landscaping. Operations are straightforward with separately metered power and gas for each unit, an off-street parking lot in the rear, and an on-site coin-operated washer and dryer providing additional variable income. Lease expirations are staggered across April, June, and August - offering a clear path to gradually optimize rents over time. Zoned RMF-35 and ideally positioned near the Ballpark redevelopment area, the property sits just minutes from downtown with quick access to major freeways, dining, and entertainment. Whether you're an investor looking to stabilize a nearly full asset or an owner-occupant ready to live in a freshly remodeled unit while the others cover your mortgage - opportunities like this don't come around often. Showings of Unit #1 are available now. Occupied units will be shown upon an accepted offer. Please do not disturb tenants. Buyer to verify all information. One of the owners is a licensed real estate agent. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.

  • Address 1012 S WEST TEMPLE,
  • City Salt Lake City,
  • Zip/Postal Code 84101
  • Area US,

Details

Updated on 2026/06/26 21:46:24 pm
  • Property ID: 2147286
  • Price: $849999
  • Property Size: 2000 Sq Ft
  • Year Built: 1897
  • Property Type: Quadruplex
  • Property Status: Active
  • Style: Stories: 2

Additional details

  • Brokerage Commission:
  • Zoning: RMF-35
  • Total Bathrooms: 4
  • Lot Size In Acres: 0.1
  • Total Bedrooms: 4
  • Equipment:

School Details

  • Elementary School : Liberty
  • Elementary School District : Salt Lake
  • High School : Highland
  • High School District : Salt Lake
  • Middle School : Clayton
  • Middle School District: Salt Lake

Mortgage Calculator

$6,182.33
Monthly
  • Principal & Interest $4,849.00
  • Property Tax $250.00
  • Home Insurance $83.33
  • PMI $1,000.00
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