Date
Details
Price
Change
Source
9/03/2026
Listed
$699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$699,000
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Property Description
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.
Full Property Details
Full Property Details for 538 N Colorado St W
General
- Price: $699,000
- Taxes: $1,668
- Status: Active
- Type: Multi-Family
- Source: WFR
- MLS ID: 2183166
- Updated: 9/3/2026
- Added to Site: 36 day(s) ago
Interior
- Interior Features: Range/Oven: Free Stdng.
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Porch: Open
- Porch/Patio/Deck: Porch: Open
Parking
- Total Spaces: 4
- Parking Features: Parking: Uncovered
Location
- Area: Salt Lake City; Rose Park
- County: Salt Lake
- Subdivision: OAKLEY
- Cross Streets: 1
School Information
- Elem School District: Salt Lake
- Midd School District: Salt Lake
- High School District: Salt Lake
- Elementary School: Backman
- Middle School: Northwest
- High School: Marilyn Treshow
Heating & Cooling
- Heating Type: Wall Furnace
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, Concrete
- Exterior Const.: Brick, Concrete
- Roof: Asphalt
- Square Feet: 2,650
- Living Area: 2,650 Sq. Ft.
- Current Bldg. Use: Residential
- Year Built: 1951
- Property Condition: Blt./Standing
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,969.6
- Lot Size: .16
- Landscape: Mature Trees
- Topography: Curb & Gutter, Sidewalks, Sprinkler: Auto-Part, Terrain, Flat, Wooded
- Lot Features: Curb & Gutter, Sidewalks, Sprinkler: Auto-Part, Wooded
- Trees/Vegetation: Mature Trees
- Zoning: R17000
Financial Considerations
- Tax Amount: $1,668
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Property ID: 08-35-105-008
Listed by Rockwood & Company LLC
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Listing agent
— 538 N Colorado St W —
Rockwood & Company LLC
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Schools
Schools serving 538 N Colorado St W
School District:Salt Lake City School District
| Name | Grades | Distance |
|---|---|---|
Backman School 601 North 1500 West, Salt Lake City, UT 84116 | PK-6 | 1.1 mi |
Innovations K-8 1700 South State Street, Salt Lake City, UT 84115 | K-8 | 3.9 mi |
West High School 241 North 300 West, Salt Lake City, UT 84103 | 7-12 | 1.6 mi |
Northwest Middle School 1730 West 1700 North, Salt Lake City, UT 84116 | 7-8 | 1.8 mi |
Innovations High School 1700 South State Street, Salt Lake City, UT 84115 | 9-12 | 3.9 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 538 N Colorado St W
Tax History
Tax History for 538 N Colorado St W
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,986
3%
$587,500
6%
2024
$2,901
-3%
$553,500
—
2023
$3,004
1%
$552,500
7%
2022
$2,989
19%
$515,800
31%
2021
$2,515
2%
$392,900
7%
2020
$2,473
-3%
$367,700
87%
2019
$2,560
21%
$196,955
-30%
2017
$2,122
—
$281,500
4%
2017
$2,122
5%
$270,800
10%
2016
$2,026
—
$245,500
6%
2015
$2,020
4%
$232,100
5%
2014
$1,948
6%
$222,000
11%
2013
$1,839
—
$200,500
—
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 538 N Colorado St W
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538 N Colorado St W, Salt Lake City, UT 84116 (MLS# 2183166) is a Multi-Family property with 4 units containing 4 bedrooms and 0 full bathrooms. 538 N Colorado St W is currently listed for $699,000 and was received on September 03, 2026. Want to learn more about 538 N Colorado St W? Do you have questions about finding other Multi-Family real estate for sale in Fairpark? You can browse all Fairpark real estate or contact a Coldwell Banker agent to request more information.