$1,200,000
116 B ST
Salt Lake City, UT 84103
MLS# 26-271212
3750 sqft


116 B ST, Salt Lake City, UT 84103
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Property Description
Turnkey legal four-plex in the highly sought-after Avenues with all units currently occupied, providing immediate cash flow from day one. Zoned Retail/Residential (Mixed-Use), offering additional flexibility and long-term upside. Strong unit mix, off-street parking, and consistent rental demand in a prime central location near downtown, LDS Hospital, the University of Utah, and public transit. Many updates completed over the years, with value-add potential through rent optimization. Ideal for investors or 1031 exchange buyers. Do not disturb tenants. Showings by appointment with proper notice only. Buyer to verify all information.

Details
General Prop Info
Realtor.com: Multi-Family
Lot Acres: 0.17
Hot Tub YN: No
Pool Private YN: No
Pool Community YN: No
Year Built: 1891
# of Buildings: 1
Number of Units: 4
Total SqFt: 3750
# Floors: 2
Elevators: No
HOA Transfer Fee: No
Contract Info
Original List Price: 1200000
Listing Date: 2026-04-10
Short Sale Status: No
Location Tax Legal
Geo Lat: 40.772171
Geo Lon: -111.881685
List Price: $1,200,000
Current Price: $1,200,000
House Number: 116
Street Name: B
Street Suffix: ST
MLS Area: Outside Area
State/Province: UT
Postal Code: 84103
County: Salt Lake
Tax ID: 09-31-451-005
Status Change Info
Status: Active
Property Features
Construction: Brick; Stucco
Separate Meters: Electric
Roof: Asphalt
Heating: Electric
Air Conditioning: Central Air
Showing Instructions: Call Listing Agent
Zoning: Business; Mixed Zoning; Multi-Family; Residential
Terms of Sale: 1031 Exchange; Cash; Conventional; Seller Financing
Possession: Close Of Escrow

Listing Office: EXP REALTY LLC (So Utah)

Last Updated: April - 10 - 2026

Information deemed reliable but not guaranteed.