116 B ST, Salt Lake City, UT 84103 (MLS# 26-271212)

116 B ST, Salt Lake City, UT 84103

New Listing

$1,200,000

Virtual Tour

https://www.zillow.com/view-imx/294129d2-4343-46bb-8a0b-859eb235652f?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Property Type: MultiFamily Square Footage: 3,750 Lot Size (sq. ft.): 7,405 Status: Active

Current Price: $1,200,000 List Date: 4/10/2026 Last Modified: 4/10/2026

Overview

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.

Listing Details MLS# 26-271212

Location, Tax & Legal

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
Total Taxes: 5590
Tax Year: 2025
List Price/SqFt: 320

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: Yes
Number of Units: 4
Total SqFt: 3750
# Floors: 2
Elevators: No
HOA Transfer Fee: No

Contract Info

Original List Price: 1200000
Short Sale Status: No

Remarks & Misc

Public Remarks: 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.

Construction

Brick: Yes
Stucco: Yes

More Information

Separate Meters

Electric: Yes

Zoning

Business: Yes
Mixed Zoning: Yes
Multi-Family: Yes
Residential: Yes

Garage/Carport

Carports: Yes
Carport Spaces: 4

Terms of Sale

1031 Exchange: Yes
Cash: Yes
Conventional: Yes
Seller Financing: Yes

Roof

Asphalt: Yes

Heating

Electric: Yes

Air Conditioning

Central Air: Yes

Showing Instructions

Call Listing Agent: Yes

Possession

Close Of Escrow: Yes

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.