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1895 S 200

Salt Lake City, UT 84115

$719,000 $3,031/Mo

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Overview

Bed

Bath

2,100

Sqft

0.16

Acre(Lot)

Description

Welcome to this exquisite triplex located in a sought-after neighborhood, offering an exceptional investment opportunity for buyers looking to benefit from rental income. With three separate units, each with its own unique features and rental history, this property could be the next addition to your real estate portfolio. Property Highlights: Location: Situated in a desirable neighborhood, this triplex enjoys easy access to schools, parks, shopping centers, and all essential amenities, making it highly attractive to potential tenants. -Three-Bedroom Basement Unit: The basement unit features three bedrooms and has been rented for $1,525 per month. The current lease extends until July of next year 2024, providing a stable income stream for the foreseeable future. Two-Bedroom Main Floor U nit: The main floor unit boasts two bedrooms and comes fully furnished, making it a prime choice for mid-term rentals. The current lease runs until September 23rd of 2023 at $2,000. Attic Unit: The attic unit offers comfortable living space and is also fully furnished for mid-term rentals. Currently rented out at $1,350 per month, the lease extends until November of 2023, adding to the property's consistent rental income potential. 3D renderings for attic unit: https://my.matterport.com/show/?m=4HxPfnhNZ5v Cosmetic Update: The property has undergone a cosmetic update within the last few years, ensuring that the interior spaces are fresh, modern, and appealing to prospective tenants. This enhancement helps maintain the property's value and reduces the need for immediate renovations. Investment Opportunity: With three well-maintained units, each with reliable tenants and varying lease expiration dates, this triplex presents a remarkable investment opportunity. The diverse rental strategy, combining long-term leases in the basement with mid-term furnished rentals on the main floor and attic, ensures a steady cash flow with the potential for flexibility in the future. Total Rental Income: $1,450 (3-Bed Basement) + $2,000 (2-Bed Main Floor) + $1,350 (Attic) = $4,800 per month Lease Terms: Basement lease ends July of next year 2024, Main Floor lease ends July 31st 2023, and Attic lease ends in November 2023. Additional Benefits: The inclusion of furniture in the Main Floor and Attic units eliminates the need for additional expenses on furnishing, further enhancing the property's appeal to prospective tenants. Don't miss this exceptional opportunity to acquire a profitable triplex in a sought-after location. Whether you're a seasoned investor or an aspiring landlord, this property offers both immediate income and long-term potential. Act fast and schedule your private viewing today! Other remarks: - legal non conforming triplex. - 3 electric meters. - one gas meter which is included in rent. - Square footage figures are provided as a courtesy estimate only and were obtained from measurement from seller. Buyer is advised to obtain an independent measurement. *Seller is willing to pay up to $5,000 towards new windows for a full price offer.

Property Details

Property Type : Residential

Price : $719,000

AD Id : 80004106

MLS Id : 1890340

Beds : 6

Lot Size : 0.16 Acre

Living Area Size : 2,100

Year Built : 1952

County : Salt Lake

Subdivision: Ivy Hill

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 6

Bathroom Information

Total Baths: 3

Room Information

Has Basement: Yes
Heating & Cooling

Heating: None Cooling: None

Building Information

Year Built: 1952 Building Area Total: 2100 Construction Materials: Brick Frontage Length: 0.0 Private Pool: No

Lot Information

Lot Dimensions: 0.0x0.0x0.0 Main Square Feet: 0.16 Acres Lot Size Acres: 0.16 Lot Size Square Feet: 6969.6

Property Information

Subdivision: BROADWAY ADD Source Property Type: Residential Zoning Description: RESIDE Property SubType: Triplex Property Age: 74

Listing Price Information

Listing Price: $719000 Original Price: $725000 Cash, Conventional, FHA, VA Loan

Tax Information

Parcel Number: 16-18-334-009 Annual Tax: $2855

School Information

Elementary School: Whittier

Junior High School: Hillside

Senior High School: Highland
Utility Information

Natural Gas Available, Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Location Information

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
432 E Logan Ave, Salt Lake City, UT, 84115	$550,000	2	1	1,276	1,276 SqFt
407 E 1700, Salt Lake City, UT, 84115	$599,000	3	2	2,336	2,336 SqFt
446 E Garfield Ave, Salt Lake City, UT, 84115	$450,000	2	1	1,350	1,350 SqFt
344 E Roosevelt Ave, Salt Lake City, UT, 84115	$529,900	2	2	950	950 SqFt
1488 S 400 #1-4, Salt Lake City, UT, 84115	$1,150,000	8	8	3,960	3,960 SqFt
1391 S 200 #8, Salt Lake City, UT, 84115	$299,950	2	1	936	936 SqFt
309 E Garfield Ave, Salt Lake City, UT, 84115	$365,000	1	1	739	739 SqFt
171 E Cleveland Ave, Salt Lake City, UT, 84115	$599,000	4	2	1,876	1,876 SqFt
259 E Coatsville Ave, Salt Lake City, UT, 84115	$650,000	4	3	2,450	2,450 SqFt
242 E Downington Ave, Salt Lake City, UT, 84115	$519,900	3	1	1,257	1,257 SqFt

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Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 06/16/2026 @ 23:50. 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 should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

ByOwner last updated this listing 06/16/2026 @ 23:50

MLS: 1890340 LISTED BY: Bryan Martineau, Rockwood & Company LLC 801-809-5347 SOURCE: UtahRealEstate (Wasatch Front)