About 2540 S 700 E
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.
Features of 2540 S 700 E
| MLS® # | 2166646 |
|---|---|
| Price | $890,000 |
| Bedrooms | 8 |
| Bathrooms | 4.00 |
| Square Footage | 3,424 |
| Acres | 0.15 |
| Year Built | 1975 |
| Type | Residential |
| Sub-Type | Quadruplex |
| Style | Up And Down |
| Status | Active |
Community Information
| Address | 2540 S 700 E |
|---|---|
| Area | Salt Lake City; So. Salt Lake |
| Subdivision | PLAT A |
| City | Millcreek |
| County | Salt Lake |
| State | UT |
| Zip Code | 84106 |
Amenities
| Utilities | Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected |
|---|---|
| Parking | Parking: Uncovered |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Vinyl |
|---|---|
| Heating | Forced Air |
| Fireplace | No |
Exterior
| Lot Description | Fenced: Part, Road: Paved, Sidewalks, Drip Irrigation: Auto-Full |
|---|---|
| Windows | Blinds |
| Roof | Asphalt |
| Construction | Brick |
School Information
| District | Salt Lake |
|---|---|
| Elementary | Highland Park |
| Middle | Hillside |
| High | Highland |
Additional Information
| Date Listed | June 19th, 2026 |
|---|---|
| Days on Market | 83 |
| Zoning | Multi-Family |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Silvia T. Salguero-huerta |
|---|---|
| Office | TierOne Real Estate LLC |
| Contact Info | 801-486-6200 |