Excellent opportunity to acquire a fully occupied, income-producing 4-plex with immediate upside. This property features long-term, stable tenants and consistent rental income, delivering approximately a 6% ROI. Three units have been updated, supporting continued rent growth, while one unit has a tenant in place for over 10 years, providing exceptional stability. Ideal for owner-occupants as well-live in one unit and let the other three help offset your mortgage. Fully occupied. Please do not disturb tenants. Pictures reflect conditions of one updated unit. Offers subject to inspection. Buyers are advised to do independent measurements. Owner/Agent.
For sale
Street View
$995,000
8404 S Monroe St, Midvale, UT 84047
8beds
6baths
4,176sqft
Est.:
Quadruplex
Built in 1977
-- sqft lot
$985,100 Zestimate®
$238/sqft
$-- HOA
What's special
- 4 days |
- 140 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: March 24, 2026 at 02:18pm
Listed by:
Lei Liu 801-512-4010,
Realtypath LLC (Platinum)
Source: UtahRealEstate.com,MLS#: 2145102
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
Heating
- Forced Air
Features
- Flooring: Carpet, Tile
- Windows: Blinds
- Has fireplace: No
Interior area
- Total structure area: 4,176
- Total interior livable area: 4,176 sqft
Property
Parking
- Total spaces: 8
- Parking features: Open
- Uncovered spaces: 8
Lot
- Size: 0.27 Acres
Details
- Parcel number: 2136451007
- Zoning: RM-12
- Zoning description: Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Brick
- Roof: Asphalt
Condition
- Blt./Standing
- New construction: No
- Year built: 1977
- Major remodel year: 1996
Utilities & green energy
- Water: Irrigation: Pressure
- Utilities for property: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Midvale
Financial & listing details
- Price per square foot: $238/sqft
- Tax assessed value: $860,600
- Annual tax amount: $5,225
- Date on market: 3/22/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Inclusions: Range, Refrigerator
- Acres allowed for irrigation: 0
- Electric utility on property: Yes
Estimated market value
$985,100
$936,000 - $1.03M
$1,546/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/22/2026 | Listed for sale | $995,000$238/sqft |
Source:  UtahRealEstate.com #2145102 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,236 +4.5% | $473,330 +5.5% |
| 2023 | $5,009 +8.2% | $448,635 +10.9% |
| 2022 | $4,629 +2.2% | $404,580 +19.4% |
| 2021 | $4,528 +1.8% | $338,965 +7.6% |
| 2020 | $4,448 +24.5% | $314,930 +27.7% |
| 2019 | $3,573 +5.5% | $246,565 +8.6% |
| 2018 | $3,387 +4% | $227,040 -38.3% |
| 2017 | $3,258 +7.9% | $367,900 +11.2% |
| 2016 | $3,018 +7.9% | $330,800 +7.1% |
| 2015 | $2,798 +5.1% | $308,800 -3.2% |
| 2014 | $2,663 | $319,000 +16.2% |
| 2013 | -- | $274,600 +16.4% |
| 2002 | -- | $236,000 |
| 2001 | -- | $236,000 -3.3% |
| 2000 | -- | $244,000 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$5,483/mo
Principal & interest
$5077
Property taxes
$406
More affordability tools
Climate risks
Neighborhood: 84047
Nearby schools
GreatSchools rating
- 5/10Copperview SchoolGrades: K-5Distance: 0 mi
- 3/10Midvale Middle SchoolGrades: 6-8Distance: 0.7 mi
- 3/10Jordan High SchoolGrades: 8-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Copperview
- Middle: Midvale
- High: Jordan
- District: Canyons
Source: UtahRealEstate.com. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 84047
- Utah
- Salt Lake County
- Midvale
- 84047
- 8404 S Monroe St
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