For Sale:
4931 S 300 West
Washington Terrace,
UT
84405
- MLS #2110397
Townhome for Sale in Washington Terrace
Utah MLS # 2110397
0 Bathrooms
0 Garage
Price per sq ft: $209
Price / finished sq ft: $209
Year Built: 1998
.97 Acres (42,253 sq ft)
$35,904 / year taxes
No basement
Rooms / Layout
Sq Ft | Beds | Baths | Laundry |
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Features and Schools

4931 S 300 West - $4,500,000
Home Description
Although presently rented as apartments, units were constructed as condo units with individual parcel ID numbers. 20 separate units, each with: 3 bedrooms, 1 bathroom Individual ownership potential - units are structurally and legally set up for separate condominium conversion. Distinct utilities per unit for seamless transition to individual ownership or rentals. In-unit laundry hookups (washer and dryer ready). Central heating and air conditioning for tenant comfort. Dual parking: one covered and one uncovered stall per unit. Low-hassle Income Producer: Strong rental history with excellent occupancy - reliable cash flow potential. Ideal for a condo-conversion strategy: New owner could establish an HOA and sell units individually, or continue as turnkey rentals. Tax-Smart Opportunity: 1031 Exchange Eligible Perfect for investors looking to defer capital gains taxes through a 1031 tax-deferred exchange. Timing-sensitive - potential for rapid closing with proper Qualified Intermediary setup. Why It Stands Out: Investor-flexible design: Easily manage as a single asset or subdivide into individual condo units. Turnkey-ready systems: Utilities, HVAC, and parking are already broken out per unit, saving conversion hassle. Strategic tax advantages: Eligibility for a 1031 exchange makes it a powerful tool for portfolio growth and tax deferral.
Statistics
Townhome Prices in Washington Terrace
Price per Square Foot in Washington Terrace
Townhome Prices in 84405
Price per Square Foot in 84405

4931 S 300 West, Washington Terrace, UT - MLS # 2110397