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Property Description
Exceptional investment opportunity in the heart of downtown Salt Lake City! This beautifully maintained 5-plex offers an ideal blend of timeless character and modern convenience in one of the city's most desirable rental locations. Just minutes from the vibrant downtown district, tenants will enjoy easy access to shopping, dining, entertainment, TRAX, and I-15, making commuting throughout the Salt Lake Valley effortless. The property is also conveniently located near Temple Square, the Utah State Capitol, and the Gateway entertainment district, with countless restaurants, coffee shops, parks, and cultural attractions nearby. Thoughtfully designed and well cared for, this multi-family property provides an attractive living experience for tenants while offering strong long-term investment potential. Whether you're looking to expand your portfolio or own a prime income-producing property in one of Utah's fastest-growing markets, this downtown 5-plex is an opportunity you won't want to miss.
Full Property Details
Full Property Details for 235 W 400 N
General
- Price: $1,750,000
- Taxes: $8,635
- Status: Active
- Type: Multi-Family
- Source: WFR
- MLS ID: 2176148
- Updated: 8/26/2026
- Added to Site: Today
Interior
- Interior Features: Closet: Walk-In, Disposal, Gas Log, Kitchen: Updated, Range: Gas, Dishwasher: Built-In, Smart Thermostat(s)
- Flooring: Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 8
Exterior
- Exterior Features: Double Pane Windows, Patio: Covered, Porch: Open
- Porch/Patio/Deck: Covered, Porch: Open
Parking
- Total Spaces: 5
- Parking Features: Parking: Uncovered
Location
- Area: Salt Lake City: Avenues Area
- County: Salt Lake
- Subdivision: PLAT A
- Cross Streets: 400
- Direction Faces: North
School Information
- Elem School District: Salt Lake
- Midd School District: Salt Lake
- High School District: Salt Lake
- Elementary School: Washington
- Middle School: Bryant
- High School: West
Heating & Cooling
- Heating Type: Gas: Central, Heat Pump
Utilities
- Sewer: Sewer: Connected
- Water: Culinary
- Utility Description: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Five-Plex
- Construction: Brick, Stone
- Exterior Const.: Brick, Stone
- Roof: Asphalt
- Windows: Blinds, Drapes
- Disability Access: Ground Level, Single Level Living
- Square Feet: 3,550
- Living Area: 3,550 Sq. Ft.
- Current Bldg. Use: Residential
- Year Built: 1940
- Property Condition: Blt./Standing
Lot Features
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,583.2
- Lot Size: .22
- Landscape: Landscaping: Full, Mature Trees
- Topography: Curb & Gutter, Fenced: Part, Road: Paved, Sprinkler: Auto-Full, Terrain, Flat
- Lot Features: Curb & Gutter, Fenced: Part, Road: Paved, Sprinkler: Auto-Full
- Trees/Vegetation: Landscaping: Full, Mature Trees
- Zoning: SR1A
Green Features
- Energy Generation: Solar
Financial Considerations
- Tax Amount: $8,635
- Terms: Cash, Conventional, Seller Finance
Disclosures and Reports
- Property ID: 08-36-255-011
Listed by Omada Real Estate
Get Pre-Approved Today
Schools
Schools serving 235 W 400 N
School District:Salt Lake City School District
| Name | Grades | Distance |
|---|---|---|
Washington School, Salt Lake City, UT 420 North 200 West, Salt Lake City, UT 84103 | PK-6 | 0.2 mi |
Innovations K-8 1700 South State Street, Salt Lake City, UT 84115 | K-8 | 3 mi |
West High School 241 North 300 West, Salt Lake City, UT 84103 | 7-12 | 0.3 mi |
Salt Lake Center for Science Education Bryant 40 South 800 East, Salt Lake City, UT 84102 | 7-8 | 1.7 mi |
Innovations High School 1700 South State Street, Salt Lake City, UT 84115 | 9-12 | 3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 235 W 400 N
Date
Details
Price
Change
Source
8/26/2026
Listed
$1,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 235 W 400 N
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,794
-1%
$1,533,600
2%
2024
$7,882
-9%
$1,504,000
-5%
2023
$8,636
2%
$1,588,200
9%
2022
$8,443
5%
$1,456,800
16%
2021
$8,047
34%
$1,257,100
5%
2019
$6,003
—
$1,192,900
158%
2019
$6,003
123%
$461,945
42%
2016
$2,686
-3%
$325,500
2%
2015
$2,778
14%
$319,100
14%
2014
$2,447
10%
$278,900
15%
2013
$2,217
—
$241,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 235 W 400 N
235 W 400 N, Salt Lake City, UT 84103 (MLS# 2176148) is a Multi-Family property with 5 units containing 8 bedrooms and 0 full bathrooms. 235 W 400 N is currently listed for $1,750,000 and was received on August 26, 2026. Want to learn more about 235 W 400 N? Do you have questions about finding other Multi-Family real estate for sale in Capitol Hill? You can browse all Capitol Hill real estate or contact a Coldwell Banker agent to request more information.

