538 N Colorado St
Salt Lake City, UT 84116
4
Bed
4
Bath
2,650Sqft
0.16Acre(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 4Bathroom Information
Total Baths: 4 -
Roofing Information
Asphalt -
Interior Features
Roof: Asphalt Appliances: Oven, Range -
Heating & Cooling
Has Heating: Yes Heating: Wall Furnace Cooling: None
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Building Information
Year Built: 1951 Building Area Total: 2650 Construction Materials: Brick, Concrete Frontage Length: 0.0 Patio And Porch Features: Porch Private Pool: No
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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 Lot Description: WoodedProperty Information
Subdivision: OAKLEY Source Property Type: Residential Zoning Description: R17000 Property SubType: Quadruplex Property Age: 75
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Listing Price Information
Listing Price: $699000 Cash, Conventional, FHA, VA Loan
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Tax Information
Parcel Number: 08-35-105-008 Annual Tax: $1668
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Parking Information
Parking Total: 4
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School Information
Elementary School: BackmanJunior High School: NorthwestSenior High School: Marilyn Treshow -
Utility Information
Natural Gas Available, Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected -
Location Information
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 464 N 600, Salt Lake City, UT, 84116 | $575,000 | 4 | 2 | 2,376 | 0.11 Acre |
| 632 W 200, Salt Lake City, UT, 84116 | $594,000 | 4 | 3 | 1,910 | 0.19 Acre |
| 523 N Grant St, Salt Lake City, UT, 84116 | $409,000 | 3 | 2 | 1,352 | 0.20 Acre |
| 526 N 800, Salt Lake City, UT, 84116 | $345,000 | 2 | 1 | 764 | 0.10 Acre |
| 809 W 500, Salt Lake City, UT, 84116 | $400,000 | 3 | 2 | 1,812 | 0.13 Acre |
| 1104 N Taffeta Dr, Salt Lake City, UT, 84116 | $465,000 | 4 | 2 | 1,667 | 0.19 Acre |
| 992 W Eclipse Way, Salt Lake City, UT, 84116 | $525,000 | 4 | 2 | 1,500 | 0.13 Acre |
| 619 N 900, Salt Lake City, UT, 84116 | $400,000 | 3 | 1 | 1,144 | 0.16 Acre |
| 857 W Simondi Ave, Salt Lake City, UT, 84116 | $355,000 | 2 | 1 | 900 | 0.08 Acre |
| 358 N 900, Salt Lake City, UT, 84116 | $335,900 | 1 | 2 | 825 | 0.05 Acre |
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Nearby For Sale
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 09/11/2026 @ 22:19. 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 09/11/2026 @ 22:19
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