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4 Beds
4 Baths
2,650 sqft

$699,000

538 N COLORADO ST, Salt Lake City UT, 84116

Price per sqft$263.77
Built in1951
Property size2,650 sqft
Property typeMulti-family

Overview

Active

Listed Sep 3, 2026

Updated Sep 4

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.

$4,650/mo

Est. mortgage payment based on a $699,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2183166

Interior Features

Bedrooms
4
Bathrooms
4
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.16 Acres

Other Property Details

Taxes
$1,668
Tax Frequency
Annually
55+/Senior Community
No

Courtesy of Rockwood & Company LLC

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 8:03 AM UTC, 9/4/2026. 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 deemed reliable but not guaranteed and should be independently verified. Properties may or may not be listed by the office/agent presenting the information. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Range Realty Co shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2026 Wasatch Front Regional MLS, Inc. All rights reserved.

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