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$890,000
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Property Description
Prime Sugar House FOURPLEX investment opportunity and immense value-add potential! Situated in one of Salt Lake City's most lucrative and high-demand rental pockets, this 4-unit complex offers unbeatable walkability to local boutique shopping, diverse dining options, Sugar House Park, and provides effortless commuting access to Westminster University and the University of Utah. A rare find for the area, this property features a dedicated off-street driveway leading to ample private parking at the back of the building, eliminating any street parking hassle for tenants. Portfolio Expansion: The adjacent duplex directly to the south (2544 S 700 E) is also listed for sale by the same owner, providing a premier opportunity to lock down a multi-building portfolio footprint. This fourplex parcel is being sold as part of a 1031 tax-deferred exchange. Buyer to verify all listing details, current lease terms, utilities, and square footage.
Full Property Details
Full Property Details for 2540 S 700 E
General
- Price: $890,000
- Taxes: $4,338
- Status: Active
- Type: Multi-Family
- Source: WFR
- MLS ID: 2166646
- Updated: 6/19/2026
- Added to Site: 19 day(s) ago
Interior
- Flooring: Carpet, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Electric Dryer Hookup
Parking
- Parking Features: Parking: Uncovered
Location
- Area: Salt Lake City; So. Salt Lake
- County: Salt Lake
- Subdivision: PLAT A
- Cross Streets: 700
- Direction Faces: East
School Information
- Elem School District: Salt Lake
- Midd School District: Salt Lake
- High School District: Salt Lake
- Elementary School: Highland Park
- Middle School: Hillside
- High School: Highland
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Sewer: Sewer: Connected, Sewer: Public
- Water: Culinary
- Utility Description: Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
Structural Information
- Architectural Style: Up And Down
- Construction: Brick
- Exterior Const.: Brick
- Roof: Asphalt
- Windows: Blinds
- Square Feet: 3,424
- Living Area: 3,424 Sq. Ft.
- Current Bldg. Use: Residential
- Year Built: 1975
- Property Condition: Blt./Standing
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,534
- Lot Size: .15
- Topography: Fenced: Part, Road: Paved, Sidewalks, Drip Irrigation: Auto-Full
- Lot Features: Fenced: Part, Road: Paved, Sidewalks, Drip Irrigation: Auto-Full
- Zoning: RMF-30
Financial Considerations
- Tax Amount: $4,338
- Terms: Cash, Conventional, Exchange, FHA, VA Loan
Disclosures and Reports
- Inclusions: Range, Refrigerator
- Property ID: 16-20-303-007
Listed by TierOne Real Estate LLC
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Schools
Schools serving 2540 S 700 E
School District:Salt Lake City School District
| Name | Grades | Distance |
|---|---|---|
Nibley Park School 2785 South 800 East, Salt Lake City, UT 84106 | PK-8 | 0.4 mi |
Innovations K-8 1700 South State Street, Salt Lake City, UT 84115 | K-8 | 1.5 mi |
Highland High School 2166 South 1700 East, Salt Lake City, UT 84106 | 9-12 | 1.5 mi |
Innovations High School 1700 South State Street, Salt Lake City, UT 84115 | 9-12 | 1.5 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 2540 S 700 E
Date
Details
Price
Change
Source
6/19/2026
Listed
$890,000
—
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 2540 S 700 E
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,338
3%
$853,600
7%
2024
$4,201
1%
$801,500
5%
2023
$4,145
5%
$762,300
12%
2022
$3,936
9%
$679,100
21%
2021
$3,600
-2%
$562,400
3%
2020
$3,664
-9%
$544,900
75%
2019
$4,045
19%
$311,245
-32%
2017
$3,400
—
$456,200
5%
2017
$3,400
5%
$433,900
11%
2016
$3,226
5%
$391,000
11%
2015
$3,060
-4%
$351,500
-3%
2014
$3,192
7%
$363,800
12%
2013
$2,976
—
$324,500
—
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 2540 S 700 E
2540 S 700 E, Salt Lake City, UT 84106 (MLS# 2166646) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 2540 S 700 E is currently listed for $890,000 and was received on June 19, 2026. Want to learn more about 2540 S 700 E? Do you have questions about finding other Multi-Family real estate for sale in People's Freeway? You can browse all People's Freeway real estate or contact a Coldwell Banker agent to request more information.

